Olson Home Buyers Blogs
Blogs: Your Source for All Your Home Selling Insights
Welcome to the Olson Home Buyers Blogs, where you'll find a wealth of information and insights into the world of real estate in Illinois. Whether you're a first-time homebuyer, a seasoned investor, or simply interested in the local housing market, our blogs are here to educate and inspire you.
How to Sell a Rundown Home: When Severe Wear & Tear Has You Feeling Stuck
Life happens, and sometimes, it leaves a home in rough shape. Over decades, that can mean chipped paint, creaky floors, plumbing issues, outdated wiring, and more. If it’s been years since significant upkeep, or the property just isn’t aging gracefully, it’s easy to feel overwhelmed. But here’s the thing: homes with significant wear and tear…
What to Do When Your Chicago Home Is Damaged by Water or Flooding
Living in Chicagoland means accounting for intense weather: rains, floods, and icy thaws that often damage homes. Chicago experiences significant flood damage, with the most recent extreme rainfall events in July and September 2023 causing widespread flash flooding and damage to roadways and structures. Flooding in the Chicago area has historically caused an estimated $10 million…
Chicago Landlords Struggle with Rising Costs & Taxes: Is a Cash Sale the Solution?
Landlords in Chicago are facing tough times with their rental properties. Costs are rising, new rules are coming in, and tenants’ needs are changing. Let’s look at what’s happening and how selling your property for cash might help. Rising Costs and Maintenance Issues Keeping up with property repairs is getting more expensive. For example, Lisa…
How To Sell Your House Without Any Cost in Chicago
Selling a house traditionally can be a costly affair. Between real estate agent commissions, closing costs, repairs, and potential staging expenses, the fees can add up quickly, often eating into the profit you were hoping to make from your sale. But what if there was a way to sell a house without any cost? …
How to Handle an Inherited Property: A Comprehensive Guide
Inheriting a property can be both a blessing and a burden. While the gift of a home or land often symbolizes a loved one’s legacy, it can also present you with unexpected responsibilities and difficult decisions. Whether the inherited property comes with positive emotions or brings up complicated family dynamics, it’s important to approach the…
How to Sell an Inherited House Fast and Fairly
If you’re in a similar position as the Walkers, here’s a step-by-step approach to help you sell your inherited house quickly and fairly to a cash buyer. 1. Get the Property Through Probate Before you can sell the property, it needs to go through the probate process. This legal process verifies the deceased’s will (if…
Avoid Scams When Selling an Inherited Property
Inheriting a property is often accompanied by complex emotions, a mix of nostalgia, and unexpected financial responsibilities. Deciding to sell the house, especially for cash, might seem like the best option to quickly resolve the situation and reduce stress. But as straightforward as a cash sale sounds, there are risks involved, especially when unscrupulous buyers…
How to Sell Rental Property in Illinois Without Stress or Hassle
Selling a rental property in Illinois can feel like a daunting task, especially with the unique challenges that landlords face in the state. From high property taxes and strict tenant rights laws to the uncertainty of the traditional real estate market, the process of selling can seem overwhelming. However, there is a way to sell…
Top 5 Signs It’s Time to Sell Your Illinois Rental Property
Being a landlord can be both rewarding and challenging, but there comes a time when holding onto a rental property no longer makes sense. If you’re an Illinois landlord, you may be facing unique challenges that make you question whether it’s worth continuing. Whether it’s tenant issues, financial strain, or simply burnout, there are…