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Law Office of Thomas F Sammons
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Law Office of Thomas F Sammons's posts

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Just closed a short sale in Palatine. We opened the file 1 year ago. We had a patient cash buyer who was kind enough to wait for us. My clients paid $160k for a condo at the peak, but the value sank to $70k. The had two mortgages. The first lender asked for a contribution of $51k., which was a joke. The lender finally accepted a $1k contribution. We got releases of deficiency on both loans Since the Mortgage Debt Forgiveness Act expired, the clients will have to show that they are insolvent to avoid tax on the 1099 after the short sale. It was a painful, never ending journey, but ended well. #shortsales

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I recently decided to update my 11 year old picture (that looked like my little brother) that I used on my website, on  FB and google plus, etc.

Andy Collings is a great photographer located in the Loop on Lake St. If you need a business photos, family pics or a well done headshot please contact him because he is ultra-competent and fairly priced.

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So I decided that I needed a new logo for my website that I will be updating soon. I checked online and found designcrowd.com. It's a great site where designers compete for your business by submitting designs according to your wants. I submitted my request and agreed to pay $220 to the winner. In about 1 day I had more than 50 logos to review. The designers make changes very quickly and are very open to revisions. I picked the logo below that was designed by INess, a designer in Croatia. 

Summary: Very streamlined process, easy to use site. A lot of variety at a low price.
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If you are buying a "flipped" house and getting an FHA mortgage, be careful.

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New zoning use certification coming in March for home sales in unincorporated Cook County http://ow.ly/JG3YS
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