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bob brandt: NEW SHORT SALE GUIDELINES TO AVOID FORECLOSURES - 07/19/10 12:45 PM
NAR's Short Sales Information Resource HAFA Brochure HAFA FAQ Treasury Department Guidelines and Forms For help with and questions about buying or selling a home in the Northwest Suburbs, call Realtor / Broker-AssociateBob Brandt Re/Max Suburban847-230-730325 years of local Real Estate Experience in the Schaumburg area
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bob brandt: HAMPSHIRE ILLINOIS CASA DE AERO AIRPARK HOME WITH A LARGE HANGAR FOR YOUR AIRCRAFT - 06/04/10 03:22 PM
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bob brandt: SCHAUMBURG, STREAMWOOD, ROSELLE REALTOR MARKET SHARE GRAPHS FOR COMPARISON-JUST RELEASED - 02/11/10 12:35 PM
Roselle/Keeneyville (172)Schaumburg (193)Streamwood (107)
This may help you decide which company to hire to sell or buy your next home.
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bob brandt: JUST RELEASED-LATEST NORTHWEST SUBURBAN REALTOR MARKET SHARE GRAPHS FOR YOUR COMPARISON - 02/11/10 12:12 PM
When it is time to sell or buy a home, use an experienced Re/Max Realtor.
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bob brandt: JUST RELEASED-THE LATEST REALTOR MARKET SHARE GRAPHS FOR KANE COUNTY - 02/11/10 12:01 PM
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bob brandt: NEW 2010 FHA MORTGAGE CHANGES FROM HUD-STILL A GREAT WAY TO BUY.... - 01/22/10 04:51 PM
HUD NEWS
U.S. Department of Housing and Urban Development - Shaun Donovan, Secretary
Office of Public Affairs, Washington , DC 20410
HUD No. 10-016 FOR RELEASE
Melanie Roussell Wednesday
http://www.hud.gov/news/index.cfm
FHA Announces Policy Changes to Address Risk and Strengthen Finances
New Measures Will Help FHA Better Manage Risk, While Maintaining Support for the Housing Market and Access for Underserved Communities
WASHINGTON - Federal Housing Administration (FHA) Commissioner David Stevens today announced a set of policy changes to strengthen the FHA's capital reserves, while enabling the agency to continue to fulfill its mission to provide access to homeownership … (0 comments)
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bob brandt: NEW 43 PAGE DIRECTIVE-HELP FOR HOMEOWNERS-MAKING HOMES AFFORDABLE-FORECLOSURE ALTERNATIVES FOR YOUR SCHAUMBURG, STREAMWOOD, HOFFMAN ESTATES, BARRINGTON, SOUTH BARRINGTON, ROSELLE AND CHICAGOLAND SUBURB HOMES - 12/11/09 11:06 AM
https://www.hmpadmin.com/portal/docs/hamp_servicer/sd0909.pdf This link will take you to some helpful information and your foreclosure alternatives, from a directive just released and being passed out by the Board of Realtors to Realtors in Schaumburg, Streamwood, Hoffman Estates, Roselle, Bartlett, Hanover Park, Barrington, Barrington Hills, South Barrington, Carol Stream, Bloomingdale, Elk Grove, Algonquin, Dundee, Elgin, Elk Grove and all the Chicagoland suburb homes.
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bob brandt: Housing market stabilizing, according to Fed Chairman at May 5th meeting - 05/06/09 11:33 AM
The housing market, which has been in decline for three years, has also shown some signs of bottoming. Sales of existing homes have been fairly stable since late last year, and sales of new homes have firmed a bit recently, though both remain at depressed levels. Although some of the boost to sales in the market for existing homes is likely coming from foreclosure-related transactions, the increased affordability of homes appears to be contributing more broadly to the steadying in the demand for housing. In particular, the average interest rate on conforming 30-year fixed-rate mortgages has dropped almost 1-3/4 percentage points … (0 comments)
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bob brandt: FHA raise limits on financing in the Chicagoland Area - 02/27/09 01:31 PM
A bit of good news for low-down payment financing. FHA requires 3.5% down, and that can be a gift.
The revised 2009 limits for the Chicago MSA are as follows:
One-Unit: $410,000
Two-Unit: $524,850
Three-Unit: $634,450
Four-Unit: $788,450
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bob brandt: American Recovery and Reinvestment Act of 2009-details to save you money! - 02/21/09 04:30 PM
American Recovery and Reinvestment Act of 2009
H.R. 1, the "American Recovery and Reinvestment Act of 2009," passed the House on February 13, 2009, by a vote of 246 - 184. Later that day, the Senate also passed the bill by a vote of 60 - 38. The President signed the bill on February 17, 2009. The bill is a $780 billion package, with roughly 35% of the package devoted to tax cuts (mostly for 2009) and the rest to spending intended to occur in 2009 and 2010. View how the U.S. House of Representatives voted>View how the U.S. Senate voted>
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bob brandt: The Stimulis Bill and Real Estate - 02/16/09 01:08 PM
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bob brandt: Fantastic Home Deals-Low Mortgage Rates-Homebuyer's Credits-Lots of Choices! - 12/30/08 04:42 PM
This is probably the best Homebuyer's Market we have ever seen!
First-time homebuyers can get a $7,500 tax credit
Who is eligible?
•· All US Citizens who file taxes and are first-time homebuyers
Income Limits:
•· Homebuyers who file as single or head-of-household taxpayers can claim the full $7,500 credit if their modified adjusted gross income (MAGI) is less than $75,000. If you earned between $75,000 and $95,000, you are eligible to receive a partial tax credit
•· For married couples filing a joint return, the income limit doubles to $150,000. If you earned between $150,000 and $170,000, you … (0 comments)
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bob brandt: Schaumburg Real Estate Market Statistics over the last 12 Months - 12/06/08 03:29 PM
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bob brandt: Illinois Real Estate and Mortgage Consumer Brochures- to keep you informed - 11/19/08 10:14 AM
10 Facts You Should Know about Today's Illinois Real Estate Markets (Item #1019) - Inform your clients about 10 quick facts they should know about today's local markets. Are You Having Problems Paying Your Mortgage? Learn How to Avoid Foreclosure and Keep Your Home (Item #1013) - Understand risky mortgages that can lead to foreclosure, counseling resources for consumers and benefits of using a REALTOR®. Buying a Condominium? Do Your Homework First (Item #1011) - Highlights issues buyers should be familiar with before buying a condo including physical management, assessments, fees and condo association rules. Carbon Monoxide Detectors: Understanding the New Law Requiring Installation (Item … (0 comments)
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bob brandt: Is a Short Sale right for you? 7 options to help you decide. Notes for a Realtor to give proper counseling. - 11/14/08 03:34 PM
How to Diagnose a Short Sale
To help sellers navigate the difficult world of distressed sales, you must be able to identify and evaluate all of
your client's options.
Lori Cox, ABR®, CRB, who instructed a full-day foreclosure seminar Wednesday in Orlando, said that sellers
generally have seven options:
1. Refinancing
2. Selling and bringing cash to closing to cover the loss.
3. A lender workout.
4. A deed in lieu of foreclosure.
5. A short sale
6. A foreclosure.
7. Simply walking away.
"Walking away is never the best option but it might be their only option," Cox said.
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bob brandt: Illinois FHA Mortgage limits-FHA is a great tool for homebuyers - 11/12/08 04:20 PM
This is a listing of the FHA single family mortgage limits. This listing was downloaded from the Department's Computerized Home Underwriting Management System. Since mortgage limits are updated constantly, please contact the Homeownership Center if you believe this information is in error.
You may download the FHA Forward Limits, FHA HECM Limits, Fannie/Freddie Limits or HOPE for Homeowners Limits as well as the file description for the data files.
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bob brandt: HOPE for Homeowners (H4H) program-avoid foreclosure - 11/12/08 04:12 PM
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bob brandt: Selling your Hoffman Estates home for more money with Bob at Re/Max - 08/12/08 02:56 PM
These home selling tips can net you more money and in less time.
Selling a Home
As a real estate seller, you can play an important part in the timely sale of your property. When you take the following steps, you'll help your RE/MAX Sales Associate sell your home faster, at the best possible price.The easiest and most reliable way to improve the appeal of your home is to enlist a quality home service professional. The right professional can help real estate sellers get everything in order - from repainting the kitchen to arranging a thorough cleaning.
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bob brandt: Selling your Streamwood home for more money and in less time-Re/Max & Bob - 08/12/08 02:46 PM
These selling tips can net you more money in a shorter timeframe.
Selling a Home
As a real estate seller, you can play an important part in the timely sale of your property. When you take the following steps, you'll help your RE/MAX Sales Associate sell your home faster, at the best possible price.The easiest and most reliable way to improve the appeal of your home is to enlist a quality home service professional. The right professional can help real estate sellers get everything in order - from repainting the kitchen to arranging a thorough cleaning.
Guidelines for the real … (0 comments)
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bob brandt: Illinois first time homebuyer programs and assistance - 08/12/08 09:37 AM
Here are some of the programs and cities offering programs. FHA and VA are also great programs.
Illinois Down Payment Assistance Programs Alton Homeownership Program (HOP)$5,000 (618) 463-3801 Cook County Homebuyers Program (HBP)$5,000 (312) 603-1062 Dekalb First-Home Program$2,800 (815) 748-2060 East St. Louis CDBG Operations Corporation HOME Investment Partnership Program (HIPP)$6,500 (618) 482-6635 Madison County Homebuyer Program (HBP)$3,000 (618) 692-8940 Springfield Home Ownership Assistance (HOA)$25,000 (217) 789-2408 St Clair County Homebuyer Assistance Program (HAP)$4,000 (618) 277-6790
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Bob Brandt
Schaumburg,
IL
More about me…
Re/Max Suburban
Office Phone: (847) 985-7050 x 203
Cell Phone: (847) 230-7303
Email Me
Home buying and homeselling advice and discussion.
Additional helpful information is available at www.realtybob.com
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