In this article, our Champaign County HOA attorneys explain the process of hiring an attorney to review a contract for the sale or purchase of a home or condo. In short, real estate attorneys have five days from the date that a real estate contract is executed to reject it or negotiate its terms.

Our Champaign County HOA lawyers understand that the coronavirus pandemic and its economic effects could have a massive impact on local HOAs. In this article, we explore how the current economy is similar and different to the 2008 recession, and how to plan for a potential future economic downturn. You need a strategy tailored to your unique needs. Are you already involved in a home foreclosure? Are you behind on mortgage payments? How about your credit cards? It’s important that people take their financial temperatures now before issues crop up. Consult with one of our attorneys today. Going into uncertain times with a road map is invaluable.

Our attorneys can analyze your situation and help you understand timelines, best and worst-case scenarios, what options you have, and when to exercise them.

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In this video, our Champaign County homeowners association attorneys sit down to explain the details of eviction and foreclosure during the Coronavirus outbreak for renters and homeowners alike. Both Illinois and Iowa have implemented short-term emergency plans in order to provide some degree protection for renters and homeowners alive. In Illinois Governor Pritzker issues and executive order freezing residential evictions until April 8th. The 10th Judicial Court is halting eviction cases until April 17th in a handful of counties. Illinois has also been approved for disaster assistance loans for small businesses. Chicago also halted evictions cases handled in the Circuit Court of Cook counter until April 15th.