Chicago Real Estate - Illinois Homes For Sale - Remax Advisor: Advantages of Remodeling Now - 06/16/08 01:56 PM
Advantages of Remodeling Now
Rising energy costs and a middling economy have dampened consumer confidence, but for many homeowners, recent adjustments to the market may actually have a silver lining. For homeowners who've been looking to make updates to their property, there are a number of reasons that make this an attractive time to tackle a remodeling project.
Lower Costs
While it's unlikely that a contractor will offer to remodel your bathroom or finish your basement for fifty cents on the dollar, many are offering deals to encourage homeowners to invest in their services. Some companies are offering rebates or discounts … (2 comments)

My Chicago Real Estate Blog - Illinois Homes For Sale - Remax Advisor: Saving Money on Your Summer Road Trip - 06/13/08 02:47 PM
 Posted by Michael Sorensen - REMAX CITY REALTORS - Chicago, IL. www.msorensen.remaxni.com
 

Saving Money on Your Summer Road Trip
Americans have loved the open road seemingly from the day that the automobile was invented. This year, the rising cost of gas could threaten one of the season's most cherished traditions: the summer road trip. Here are some fuel-saving (and cost-cutting) tips for summer's road warriors.
 
Plan Shorter, Smarter Trips - While you don't have to stay sequestered at home this summer, it might not be the year to plan your cross-country odyssey along Route 66. The simplest way … (0 comments)

Chicago Real Estate - Illinois Homes For Sale - Remax Advisor: Home Inspections - 06/13/08 02:39 PM
Posted by Michael Sorensen - REMAX CITY REALTORS, Chicago, Illinois
Tel 773-987-8224 - Direct, Website: www.msorensen.illinoisproperty.com  
Home Inspection
One of the most important steps in the home buying and selling process is often overlooked: the home inspection. While many buyers and sellers alike are wary of inspections (for fear of finding the dreaded "deal-breaker"), in reality thorough and timely inspections \help smooth the process and prevent headaches during or after closing.
The Difference between Appraisal and Inspection
Many consumers are unclear regarding the difference between a home appraiser and a licensed home inspector. A house appraisal is an independent evaluation of … (0 comments)

Chicago Real Estate - Remax Advisor - Newsletter: Refinancing Your Mortgage - 06/08/08 10:18 AM
Posted by Michael Sorensen - REMAX CITY REALTORS - TEL 773-987-8224 - www.sellwithme123.com
Refinancing Your Mortgage

Radio airwaves, magazines and newspapers are filled with advertisements from lenders encouraging homeowners to refinance their home mortgages. These messages extol the virtues of switching from Adjustable Rate packages to fixed mortgages to lock in lower interest rates. The question is: would refinancing your mortgage really be the right move for you?
Rise of the Refi
Interest rates have fallen dramatically since the first of the year, and as a result mortgage refinancing has been gaining steam across the country. Applications to refinance existing … (0 comments)

Chicago Real Estate - Remax Advisor - Newsletter: "Tenancy in common" - Chicago Homes For Sale - 06/08/08 10:11 AM
 Posted by: Michael Sorensen - REMAX CITY REALTORS - TEL 773-987-8224 www.sellwithme123.com
Investment Quick Q&A
Q: What exactly is "tenancy-in-common" ownership?
A: In simple terms, tenancy in common (sometimes called tenants in common or TIC) is a way for two or more individuals to hold title to an individual property without a "right of survivorship". This means that each individual co-owner gets to decide who will inherit their portion upon death (rather than co-owners interest passing to the other co-owners involved).
In application, this has become a popular style of ownership for individuals wanting to invest in commercial real estate. Each … (0 comments)

Chicago Real Estate - Remax Advisor - Newsletter - "In-Law" Apartments - 06/07/08 09:15 PM
Posted by: Michael Sorensen of REMAX CITY REALTORS - TEL 773-987-8224 - www.sellwithme123.com
Adding a "Mother-in-Law" Apartment
Some homeowners are looking at mother-in-law apartments as a way to accommodate the needs of older family members or to generate additional income.
What is a "mother-in-law" apartment?
While exact definitions vary, in general "mother-in-law" apartments (sometimes called "accessory apartments") share these characteristics:
a separate, secure entrance bedroom/personal living area private bathroom kitchen or kitchenette Depending on the size of the apartment, the unit may include a living room in additional to the bedroom. Typically such units are not part of the original floor plan … (0 comments)

Chicago Real Estate - Remax Advisor - Newsletter - Chicago Homes For Sale - 06/07/08 09:08 PM
Posted by: Michael Sorensen, REMAX CITY REALTORS - TEL 773-987-8224 - www.sellwithme123.com
Sellers Tactics: Attracting Buyers in '08
Home selling strategies should always be carefully tailored to meet current market realities. Here are some things to keep in mind if you're planning on selling your home in 2008.
Get a Home Inspection: In a buyer's market, it pays to take a pro-active approach. Home defects or outdated systems can hold up a sale or result in price reductions later on. By getting a home inspection before putting your home on the market, you'll be able to address problems that might … (0 comments)

 
Rainmaker_large

MICHAEL SORENSEN Chicago Short Sale Agent

Chicago, IL

More about me…

RE/MAX CITY CHICAGO

Address: 7020 W. Higgins Ave, Chicago, IL, 60656

Office Phone: (847) 696-1664

Cell Phone: (773) 987-8224

Email Me

Chicago Real Estate Blog by Michael Sorensen of RE/MAX City - Ranked #1 Agent for The #1 Re/Max Office in Chicago in Closed Short Sale transactions. I listed over 200 Short Sale properties and sold most of them. Tel 773-987-8224


Listings

Links

Archives

RSS 2.0 Feed for this blog

Find IL real estate agents and Chicago real estate on ActiveRain.