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Velazquez Consumer Law

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  • By: Orlando Velazquez
  • Published: July 1, 2020

The old saying “buyer beware” does not exactly apply in real estate transactions involving residential property. In Illinois, the seller of a residential property has more than a few obligations when it comes to revealing information about the property he or she is selling. For many people, buying or selling their home is the most complex financial transaction they will…Read More

  • By: Orlando Velazquez
  • Published: June 25, 2020

Most people understand that the foundation of many estate plans is a Last Will and Testament (commonly referred to as, simply, a Will). This estate-planning document can leave certain assets to specific beneficiaries, name successor guardians for your minor children, and accomplish other things. Besides a Will, one of the documents most commonly used in estate planning is a trust.…Read More

  • By: Orlando Velazquez
  • Published: January 20, 2020

Property transfer tax, sometimes referred to as “deed tax”, “stamp tax”, “mortgage registry tax” or even a “capital gains tax,” has been in existence in the United States for several decades now. Simply put, it refers to a once-off fee that local governments charge when there has been a change in property ownership within its jurisdiction. Some states, however, such…Read More

  • By: Orlando Velazquez
  • Published: January 3, 2019

Unfortunately for those in the real estate business, you have to worry about not just the often unpredictable housing market. You also, as with every small business, have to contend with a variety of constant risks that could prove crippling to the expansion and overall health of your business. In terms of developing a smart and comprehensive risk management plan,…Read More

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