REALTORS® notice deadline for SB 1380 extended to July 31

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For the second time in about a month, the Illinois House has extended the deadline for consideration of Senate Bill 1380. This time, the deadline is July 31.

According to today’s IAR State Capitol Report, the bill amends two sections of the Municipal Code primarily dealing with the lien that a municipality files for costs incurred for removing weeds/grass, trees/bushes, pests, garbage, debris and graffiti. It seeks to make a change to allow municipalities to skip foreclosure proceedings on the lien on the offending property and obtain a judgment lien against all real estate of the owner.

IAR has opposed the bill throughout the spring session of the General Assembly because it does not believe it should be easier to create impairments on the rights of property owners on non-offending properties.  The bill was narrowly approved in the Senate only after a parliamentary procedure allowed a second vote following an initial defeat. In late May, the deadline was extended to June 30.

In addition, find out what the State Capitol Report says about legislation concerning:

  • state budget bills rejected and signed by Gov. Bruce Rauner;
  • township water and sewer rates;
  • property tax caps; and
  • a statewide advertising tax.

IAR, local associations ready to help latest Illinois tornado victims

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While local REALTOR® associations work with community leaders to find the best ways to help this week’s tornado victims in communities like Coal City, Sublette and Mendota, IAR members and non-members can also contribute to the Illinois REALTORS® Relief Foundation (IRRF).

According to the National Weather Service, nine tornadoes hit northern Illinois communities as storms raked across the state Monday evening and early Tuesday morning.  Numerous minor injuries and power outages were reported, but no deaths. The largest tornado was an EF-3 in Coal City (Grundy County) with winds of 136 to 165 miles per hour, reported ABC-7 Eyewitness News. An EF-2 tornado struck a campground in Sublette (Lee County) causing extensive damage, while an EF-1 hit south of Mendota (LaSalle County).  On Tuesday, Governor Bruce Rauner declared Grundy and Lee counties as disaster areas.

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TRAR members helping in Coal City area

Three Rivers Association of REALTORS® Chief Executive Officer David McClintock says individual members of the local association have already volunteered during Coal City clean-up efforts. Coal City resident and REALTOR® Andy Cook of Coldwell Banker Honig-Bell in Morris told McClintock the expected number of volunteers for Friday will be “significant.” REALTOR® Debbie Bell of Baird & Warner in Plainfield spent a day helping a Morris attorney whose house took on water. McClintock adds that he will deliver a donation to the Community Foundation of Grundy County on behalf of TRAR for $1,000 today.

“Later next week, we will consider other forms of gifts based on a report from our members of what’s still needed,” says McClintock.

As more information on local tornado relief efforts becomes available, IAR will share it here.

Several ways for all to help

IRRF, a 501(c)(3) organization, was established by IAR last year to help Illinois residents living in communities affected by natural disasters. Donations are tax-deductible and can be made online or via mail: IRRF, 522 S. Fifth St., Springfield, IL 62701. Victims can apply for $500 in assistance on a first-come, first-served basis.

In addition, the NAR offers the REALTORS® Relief Foundation offers housing-related assistance to victims of disasters. You can donate to it online or by mail (REALTORS® Relief Foundation, c/o NAR, 430 N. Michigan Ave., Chicago, IL 60611).

Village votes to allow first Sunday open houses in 40 years

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On July 5, REALTORS® and their customers in South Holland will make history when they conduct Sunday open houses in the village for the first time in more than 40 years, according to IAR Local Government Affairs Director Tom Joseph.

Earlier this month, village trustees voted to modify the community’s Sunday Closing Ordinance, allowing businesses the option to be open on Sundays, beginning in July. According to Village Administrator Jason Huisman, construction and landscaping will continue to be prohibited in residential areas, but a specific provision allows REALTORS® to hold open houses and show homes to prospective buyers from 2 p.m. to 5 p.m.

For years, Joseph said, he has asked the South Holland mayor to consider a change to the ordinance. He is thankful that the mayor and trustees were open to changing the ordinance for the benefit of the property owners and the REALTORS® who work for them.

 

Morning Minute: Licensing landlords can drive up local rental costs

Mandatory crime-free housing programs, especially those that include components such as licensing and inspections can result in increased housing costs, Sharon Gorrell, housing policy advisor for the Illinois Association of REALTORS®, told the Naperville Area Chamber of Commerce this week. The city of Naperville is considering possible measures, and when asked about unintended consequences, Gorrell pointed out that increased costs to the property owners and renters could occur, which then reduces affordability. Read media coverage of the chamber’s meeting from the Naperville Sun.

In other headlines:

Freddie Mac: Mortgage rates finally drift back above 4% – HousingWire

Local foreclosure sales fall to lowest level since 2011 – State Journal-Register

Foreclosures Further Fade Away – NAR Daily Real Estate News

Officials help REALTORS® learn more about Lake County services

Members of the Mainstreet Organization of REALTORS® (MORe) and North Shore – Barrington Association of REALTORS® (NSBAR) toured Lake County government offices last Thursday to learn more about county services that impact real estate.

Topics included the residential mortgage foreclosure mediation program, property exemptions, mortgage fraud, tax bills, evictions, the new Lake County Life initiative, and much more. The presentations were designed to help REALTORS® better understand county government services and processes so they can impart the information to their clients and provide added value.

REALTORS® gained met with Judge Mitchell Hoffman, Circuit Court Clerk Keith Brin, Supervisor of Assessments Martin Paulson, Recorder of Deeds Mary Ellen Vanderventer, Treasurer David Stolman and County Board Chairman Aaron Lawlor.

The county officials appreciated the opportunity to meet one-on-one with Lake County REALTORS® who deal with so many aspects of county services.  The dialogue helped facilitate better understanding by professionals on both sides.