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Daley Increasing Condo Renter and Buyer Rights

Mayor Richard M. Daley unveiled a plan Thursday aimed at protecting Chicago real estate renters and buyers.
When the real estate market was hot several years ago, there were developers converting apartments into condominiums all over the city, which strengthened neighborhoods and allowed many buyers to purchase their first home.
Many renters found themselves displaced, however, because [...]

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Zillow Now Offers Apartment Listings

Two of the nation’s largest online real estate sites are partnering up.
Chicago-based Apartments.com will now add its list of 90,000 managed apartment rental listings to Zillow.com, bringing the total number of home and apartment rental listings to more than 150,000 to the Seattle-based site.
Zillow.com, which offers real estate information for homeowners, buyers, sellers, renters, agents [...]

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Maintaining Good Credit While Purchasing a New Chicago Home

You’re buying a Chicago new home, and you’re far enough along in the process to have your loan application approved. In a recent post on the Equifax Personal Finance Blog,  real estate expert Ilyce Glink reminds us that now is not the time to party. You need to do everything you can to protect your [...]

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Food Stamps Available for Illinois Flood Victims

Victims of the recent Northern Illinois flooding may now be eligible for food assistance.
Governor Pat Quinn on Monday said that food stamps are available to residents of the seven counties that were declared federal disaster areas as a result of last month’s flash flooding.
“The recent floods in Cook and six other northern Illinois counties have [...]

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HUD Invests Today in What Can Happen Tomorrow

HUD wants to protect Chicago homeowners from natural disasters that haven’t happened yet.
Last week, the U.S. Housing and Urban Development (HUD) granted almost $312 million to 13 states to “reduce the human, physical and economic toll of future disasters.”
Illinois is slated to get $23,517,970 of it.
The grants, which are being provided through HUD’s Disaster Recovery [...]