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Buying property: Tips on making a good offer

After finding the perfect home or piece of property in Illinois, buyers will need to offer the seller an amount they think the property is worth. For those buying property, not understanding the market, offering an extremely low bid or failing to understand how much the home is worth can harm a purchaser’s ability to gain the seller’s consent. To elevate their chances of the seller approving an offer, buyers should be aware of what makes a good bid.  … [Read more...]

Choosing the right house to buy

Buying a home represents one of the largest financial commitments most people in Chicago, Illinois, will ever make. Choosing the right home is crucial, but many first-time buyers do not know exactly what to consider before making a final decision. Buyers can reduce the risk of making a mistake when purchasing residential real estate by taking time to appraise the following variables. Financial factors First, evaluating the full cost of a home is critical. Homeowners should be realistic … [Read more...]

Protecting intellectual property

A gaming company named Wizards of the Coast recently filed a lawsuit against Cryptozoic Entertainment, LLC, and Hex Entertainment, LLC. According to Game Informer, Wizards of the Coast claims a game created by the other two companies is the same as a card game it created years ago, and that the two companies are infringing its intellectual property rights on that game. The two companies have responded with a statement that the lawsuit does not have any merit, as their game is digital-based … [Read more...]

Regulations present challenges for commercial real estate

Anyone with experience in commercial real estate development knows the extensive regulations imposed by every level of government can be burdensome. In the present regulatory environment, keeping up with current requirements and ongoing changes can be especially difficult. Most developers in Chicago, Illinois, can benefit from working with an attorney experienced in real estate law to ensure legal compliance and mitigate the risk of costly mistakes. Regulatory concerns Before commercial … [Read more...]

Market research invaluable to business owners

Market research is an invaluable tool Illinois business owners can use, especially during the start-up phase of their company, to define and target consumers who may be interested in their products or services. Additionally, market research can help companies determine gaps in their current market and how they can alter their services to meet the demands of their customers. Often, this can result in enhanced operations and improved profitability. For example, before the airline company, … [Read more...]

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