Information every Illinois property owner should know
A community’s vote for Home Rule allows elected officials to raise property taxes without having to first ask voters for direct permission.
Rent control backers would argue the policy would lower housing costs. The research shows exactly the opposite happens.
Some municipalities impose a tax on buyers and sellers of real estate. These taxes can destroy equity and make housing unaffordable.
Point of Sale Inspections
In many Illinois communities, the seller of an owner-occupied home is required to arrange for a pre-sale inspection. This can delay or kill a home sale.
The latest news about private property rights
Park Forest residents are being urged to pressure village leaders to change a policy that delays the results of municipal [...]
Residents in Bannockburn, a small community outside Chicago, may have a chance to vote against a referendum on the ballot [...]
Some 1,400 taxing agencies in Illinois are planning to collect more than $14 billion from those in the northern suburbs [...]
Property ownership resources
Have a real estate dispute?
Illinois REALTORS®, can help! The association can answer basic questions and work to resolve transaction issues involving it’s members through the Ombudsman program.