2nd Dec, 2007

Legal Tips for Sellers of Naperville Homes

When you hire a Naperville real estate agent to help sell your home in Naperville, you will gain access to a wealth of knowledge—including information and legal tips. Today, we will talk about some of the more obvious information that is constantly in the awareness of a Naperville real estate professional. This information is just a sampling of little reasons why a reputable agent can make selling Naperville real estate into a trouble-free transaction. An agent’s experience with selling Naperville homes also comes in handy when you are preparing the home for the market.

Let us now talk about legalities. Starting with your advertising campaign in the newspapers and online, be aware of the use of certain terms. These words cannot be included in any advertisement because they are in violation of the Fair Housing Laws. Look at these terms:
• Bachelor apartment, singles only, sports minded
• Children welcome, married, couples
• Handicapped, professional, integrated
• Mature, mother-in-law quarters, golden agers, seniors

Some of these terms seem common. This is another reason why we recommend hiring a real-estate professional for guidance.

Another legal aspect comes into play with the Federal Fair Housing Act. It is illegal to discriminate against seven different classes of people when selling a home. The classes protected against discrimination include race, color, national origin, sex, religion, handicap, and familial status. If you do not enlist the help of a real estate agent, you might inadvertently put yourself at risk of violating this act if you refuse to sell your home to an interested buyer in a protected class.

Now, the Illinois State real estate laws may differ from other states. If a seller is not up on all of the state laws, especially those that define a seller’s rights, he or she may unknowingly break a law and create some troubles. Some sellers do not understand the laws, or are unaware of them and may actually lose money during the transaction because of it.

Homeowners selling their property are under no obligation to hire real-estate agents or brokers to help sell their homes. Most people, however, prefer to hire professionals in order to protect themselves and more quickly sell their homes. Remember that the real estate agent brings years of experience and understanding of nuances that an untrained person cannot be expected to comprehend. Contact Larry Shakman at 630-921-0611 or Larry@FeaturedHome.com for assistance when you are ready to sell your home.

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