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 an Inherited House Fast and Fairly

By joleanolson | October 6, 2024

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

By joleanolson | October 6, 2024

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

By joleanolson | September 11, 2024

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

By joleanolson | September 11, 2024

  If you’re looking to sell Illinois rental property, you just might be a tired landlord. 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…

Navigating the Complexities of Being a Landlord in Illinois: A Comprehensive Guide

By joleanolson | September 11, 2024

  Being a Landlord in Illinois comes with its own set of challenges. From navigating the state’s strict tenant rights laws to dealing with high property taxes and unpredictable weather conditions, it’s no wonder many landlords find themselves feeling overwhelmed. If you’re feeling the strain, it might be time to consider your options. This guide…

Tax Consequences When Selling An Inherited House

By grumpy.admin | August 28, 2024

Inheriting a home is a pretty sweet experience, yet bitter at the same time. You are left with great property value you can use to improve your life, but you are still mourning the loss of a loved one. Are you thinking of selling your house in ? If yes, then by now you may…

Our House “Pension” Program: A Guide to Owner Financing

By joleanolson | August 28, 2024

Are you nearing retirement and wondering how to manage (and maximize) your home sale? Or perhaps you’re just curious about simplifying your life as you step into those golden years? Our House “Pension” program can be the answer through owner financing. It’s an option more seniors are considering and it might just be the perfect…

Understanding Foreclosure in Illinois: What Homeowners Need to Know

By joleanolson | August 21, 2024

Foreclosure can be a daunting process for any homeowner. In Illinois, the situation is no different, with specific state laws and economic conditions influencing the foreclosure landscape. Understanding these factors can help homeowners navigate this challenging situation and explore potential solutions. Foreclosure Rates in Illinois: A Snapshot As of 2024, Illinois remains one of the…

Inheriting a home: A Compassionate Guide to Deciding the Fate of Your Family Home

By joleanolson | December 7, 2023

Inheriting a home from a loved one often comes with a complex range of emotions and decisions. This guide is crafted with empathy, aiming to support you through the journey, whether you’re considering selling your inherited property or exploring other options. Our goal is to empower you with knowledge and compassionate advice, helping you make the best…