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arlington heights: Only 88 days left to take advantage of the 2010 Buyer Tax Credit! - 01/31/10 09:29 AM
Don't miss this opportunity!
At the end of last year, the first-time buyer tax credit of up to $8,000 was extended through April 30, 2010. In addition, the credit was expanded to provide up to a $6,500 tax credit for qualifying prospective buyers who already own their home and who have lived in it as their principal residence for five years.
Here are some basics about the new tax credit.
First-time buyers who have not owned a principal residence for three years are eligible for a maximum tax credit of $8,000 or $4,000 for married couples filing separately. Current homeowners, who have consecutively maintained the home they … (2 comments)
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arlington heights: Arlington Heights, IL Market Update for Single Family and Attached Homes - 06/10/09 08:45 AM
Did you know that homes ARE selling in Arlington Heights? As of June 10, 2009, 14% of the single family homes that are listed for sale in MRED (our area multiple listing service) are under contract! This has held steady since my last market statistic blog on May 5, 2009. This is still a relatively low number compared to statistics during the peak real estate years. However, it does mean there are buyers out there that are buying homes! In the past month, there also have been 19 homes that have closed. Hopefully we'll see this number increase in the coming weeks.
Here are the rest of … (1 comments)
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arlington heights: Arlington Heights, IL Market Update for Single Family and Attached Homes - 05/05/09 12:25 PM
Did you know that homes ARE selling in Arlington Heights? As of May 5, 2009, 14% of the single family homes that are listed for sale in MRED (our area multiple listing service) are under contract! This is a 7% increase in since April 23, 2009! This is still a relatively low number compared to statistics during the peak real estate years. However, it does mean there are buyers out there that are buying homes! In the past month, there also have been 19 homes that have closed. Hopefully we'll see this number increase in the coming weeks.
Here are the rest of the market statistics as … (0 comments)
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arlington heights: Good News in Chicago and Arlington Heights area Real Estate! - 04/29/09 08:03 AM
Have you heard the good news in real estate?
* $8,000 tax credit for home buyers!
* Lowest interest rates in memory!
* The National Association of Realtors (NAR) affordability index is at it's highest in history!
* Homepath Lending program for Fannie Mae properties! Qualify for a loan with as little as 3% down for owner occupied properties or 10% down for an investent properties!
* Bank of America Buyer's Protection Plan! Lose your job or become hospitalized and your mortgage can be paid for up to 12 months!
* New home sales skyrocketed in February!
* Home prices increased in January/February … (1 comments)
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arlington heights: Don't Miss It! First Time Home Buyer Tax Credit up to $8,000! - 04/23/09 08:05 AM
Are you a first time homebuyer?
According to the National Association of Realtors 2008 Profile of Home Buyers and Sellers, the median age of a first time homebuyer is 30 years old with a median income of $60,000.
First time homebuyers are in a unique position in the current real estate market because they are not constrained by the necessity to dispose of their current residence. In addition, there are many financial incentives from federal and state programs that are only available to first time homebuyers. Even individuals that have not owned a home in the last three years may be … (0 comments)
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arlington heights: Arlington Heights Real Estate Market Update - 04/23/09 08:00 AM
Did you know that homes ARE selling in Arlington Heights? As of April 23, 2009, 13.1% of the single family homes that are listed for sale in MRED (our area multiple listing service) are under contract! This is a 15% increase in the past three weeks! This is still a relatively low number compared to statistics during the peak real estate years. However, it does mean there are buyers out there that are buying homes! In the past month, there also have been 21 homes that have closed. Hopefully we'll see this number increase in the coming weeks.
Here are the rest of the market statistics as … (0 comments)
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arlington heights: Arlington Heights Real Estate Market Update - 03/30/09 09:42 AM
Did you know that homes ARE selling in Arlington Heights? As of March 30, 2009, 11.4% of the single family homes that are listed for sale in MRED (our area multiple listing service) are under contract! This is a 16% increase in the past two weeks! This is still a relatively low number compared to statistics during the peak real estate years. However, it does mean there are buyers out there that are buying homes! In the past month, there also have been 16 homes that have closed. Hopefully we'll see this number increase in the coming weeks.
Here are the rest of the market statistics … (0 comments)
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arlington heights: Open House Sunday March 29th 2-5pm Ranch Townhome with Basement in Carol Stream - 03/27/09 09:18 PM
652 Kingsbridge, Carol Stream
Directions: Army Trail Road to County Farm Road south to Woodhill east to Kingsbridge north
Contemporary ranch townhome with finished basement, cathedral ceilings, and beautiful decor. Location within walking distance to parks, Carol Stream park district recreation center and outdoor pool, and shopping at Heritage Plaza with Jewel, Blockbuster & other stores!
This quality built Cambridge home features an extra wide driveway, deck, all appliances, many updates, and 13-month Home Warranty. This townhome has the feel and size of a single family home!
Just Listed! $230,000 Spacious Living Room with Cathedral Ceilings
… (1 comments)
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arlington heights: Arlington Heights Real Estate Market Update - 03/15/09 02:55 PM
Did you know that homes ARE selling in Arlington Heights? As of March 15, 2009, 9.8% of the single family homes that are listed for sale in MRED (our area multiple listing service) are under contract! This is still a relatively low number compared to statistics during the peak real estate years. However, it does mean there are buyers out there that are buying homes! In the past month, there also have been 16 homes that have closed. Hopefully we'll see this number increase in the coming weeks.
Here are the rest of the market statistics as of March 15, 2009:
Property Type: Detached Single Area: Arlington Heights Months Back: 1 … (0 comments)
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arlington heights: Arlington Heights Real Estate Market Update - 03/05/09 12:48 PM
Did you know that homes ARE selling in Arlington Heights? As of March 5, 2009, 9.4% of the single family homes that are listed for sale in MRED (our area multiple listing service) are under contract! This is still a relatively low number compared to statistics during the peak real estate years. However, it does mean there are buyers out there that are buying homes! In the past month, there alslo has been 12 homes that have closed. Hopefully we'll see this number increase in the coming weeks.
Here are the rest of the market statistics as of March 5, 2009:
Property Type: Detached Single Area: Arlington Heights Months Back: 1 … (0 comments)
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arlington heights: Financial Incentives for First Time Homebuyer's - 03/03/09 03:21 PM
Are you a first time homebuyer?
According to the National Association of Realtors 2008 Profile of Home Buyers and Sellers, the median age of a first time homebuyer is 30 years old with a median income of $60,000.
First time homebuyers are in a unique position in the current real estate market because they are not constrained by the necessity to dispose of their current residence. In addition, there are many financial incentives from federal and state programs that are only available to first time homebuyers. Even individuals that have not owned a home in the last three years may be … (0 comments)
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arlington heights: New Price for Schaumburg ranch! - 03/03/09 02:05 PM
This expanded Bradford model looks and feels like a new home! The original owner has updated it from top to bottom! Updates include newer high end Pella windows, roof, furnace, central air, paver brick walk, concrete driveway, solid oak doors, and remodeld kitchen and bathrooms with quartz countertops and custom cabinetry. The family room addition features cathedral ceilings and a view of a wooded area! Other features include all new/updated mechanicals, formal dining room, and living room with skylight, custom bookshelves and custom fireplace. This home shows like a model and must be seen to be appreciated!!!
Contact me for more … (0 comments)
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arlington heights: Arlington Heights Real Estate Market Update - 02/25/09 10:58 AM
Did you know that homes ARE selling in Arlington Heights? As of February 25, 2009, 9% of the single family homes that are listed for sale in MRED (our area multiple listing service) are under contract! That is still a relatively low number compared to during the booming real estate market but it does mean that there are buyers out there! However, there has been no change in the total number of listings currently for sale or the total number of listings that are under contract since my last update on February 19, 2009. There were some properties that did close last … (0 comments)
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arlington heights: What You Should Know About the First-Time Home Buyer Tax Credit - 02/24/09 10:49 PM
The American Recovery and Reinvestment Act of 2009 features an $8,000 tax credit for first-time buyers who purchase a home on or after Jan. 1, 2009 and before Dec. 1, 2009.
Highlights of the tax credit include:
* The temporary tax credit is only available for home purchases made from January 1, 2009 to December 1, 2009 and is equal to 10 percent of the cost of the home, up to a maximum credit of $8,000.
* Buyers can claim the credit on their federal tax return to reduce their tax liability. If the credit is more than their total tax liability that … (2 comments)
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arlington heights: Open House Sunday February 22nd from 2 to 5 at Del Webb's Edgewater community in Elgin - 02/19/09 11:33 AM
2648 Venetian Lane in Elgin
Directions: Randall Road to Bowes west to entry to Edgewater community north to Venetian right
Del Webb's Edgewater is an active adult community for 55+ adults. Edgewater offers the Del Webb lifestyle in a smaller alternative to nearby Sun City Huntley. Edgewater's location off of Randall Road in Elgin means retail shopping and restaurants are close to home. With 1,040 homes, Edgewater is one of the largest active adult communities in Chicago and offers a vast array of amenities and social clubs. Residents of Edgewater have chosen to make it their home because it offers the … (0 comments)
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arlington heights: Cambridge Pointe 2-story home in Carol Stream with Finished Basement - 02/19/09 10:08 AM
This Cheshire model has a maintenance free exterior and a new roof! This beautiful home is located in the Cambridge Pointe subdivision within walking distance to Glenbard North High School, the Simkus Recreation Center with outdoor pool, bike paths, and shopping area with restaurants. This four bedroom home features cathedral ceilings, hardwood floors, crown molding, fireplace in family room with oak mantle, new carpet, large bedroom sizes, two-tiered deck and gazebo, large eat-in kitchen and a amazingly finished basement with oak bar, french doors to den/office, and custom wood work!
Finished Basement with Custom Bar!
Contact me for more information about this exceptional home!
… (1 comments)
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arlington heights: Spectacular Ranch with Family Room Addition in Schaumburg - 02/19/09 09:52 AM
This expanded Bradford model looks and feels like a new home! The original owner has updated it from top to bottom! Updates include newer high end Pella windows, roof, furnace, central air, paver brick walk, concrete driveway, solid oak doors, and remodeld kitchen and bathrooms with quartz countertops and custom cabinetry. The family room addition features cathedral ceilings and a view of a wooded area! Other features include all new/updated mechanicals, formal dining room, and living room with skylight, custom bookshelves and custom fireplace. This home shows like a model and must be seen to be appreciated!!!
Contact me for … (1 comments)
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arlington heights: Arlington Heights Real Estate Market Update - 02/19/09 09:14 AM
Did you know that homes ARE selling in Arlington Heights? As of February 19, 2009, 9% of the single family homes that are listed for sale in MRED (our area multiple listing service) are under contract! That is still a relatively low number compared to during the booming real estate market but it does mean that there are buyers out there!
Here are the rest of the market statistics as of February 19, 2009:
Property Type: Detached Single Status: Active, Back on Market, Contingent, New, Price Change, Re-activated, Pending Area: Arlington Heights
The attached homes range in list price from $48,000 to $849,000 with … (0 comments)
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arlington heights: First-time Homebuyer Tax Credit - 08/25/08 10:54 PM
You might be eligible for a tax credit if you are a first-time homebuyer!
The Housing and Economic Recovery Act of 2008 (H.R. 3221) was signed by the President on July 30, 2008.
But what does this mean for you, the homebuyer? In general, a $7,500 tax credit is available for any qualified purchase between April 9, 2008, and June 30, 2009. The credit is repayable over 15 years (making it, in effect, an interest free loan).
Here are the specifics:
Amount of Credit - Ten percent of the cost of home, not to exceed $7,500. Eligible Property - Any single-family residence … (0 comments)
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arlington heights: Short Sales - 08/04/08 08:44 AM
What is a short sale? In today's marketplace, we hear this term used frequently. But what does it really mean? Let's start with the legal definition.
A short sale is a sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off … (0 comments)
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