10 Steps to Prepare for Schaumburg Home Ownership - 06/23/12 07:27 AM
Buying a new home in Schaumburg? I offer 10 Steps to Prepare for Schaumburg Home Ownership!
Find an experienced REALTOR®, (like me) who can help you through the process. Decide how much home you can afford. Generally, you can afford a home equal in value to between two and three times your gross income. Develop a wish list of what you would like your home to have. Then, prioritize the features on your list. Select three to four neighborhoods in which you would like to live. Consider items such as schools, recreational facilities, area expansion plans and safety. Determine if you have savings … (7 comments)

Home Seller Closing Costs - Schaumburg Homes - Lyn Sims (847)230-7324 RE/MAX Suburban - 06/22/12 11:03 AM
Home Seller Closing Costs There are more closing costs in the average real estate transaction than just the Realtors© commission!  Here are a few examples of standard closing costs in our Northwest Suburban Illinois area ~Survey - Sellers in Illinois are responsible for giving the buyer a plat of survey of the property. The price for a plat of survey can range from $200 to $800.  In our area it cannot be older than 6 months.  Usually with townhomes or duplexes where you own the land this would apply also.Recorded release of mortgage - Verifies that your mortgage has been completely paid … (11 comments)

Low Cost Rabies & Microchip available in Cook County - 06/15/12 04:54 PM
The Cook County Animal and Rabies Control Clinics allow affordable rabies vaccinations to bring all citizens into compliance with the law while providing an essential public health protection against a deadly disease that has caused public health concerns in four states over the past two years.

Rabies vaccines will cost $7 for a one year and $21 for a three year.  Ferrets may only be vaccinated for one year and the cost of the vaccine is $9.  Pet owners can have their pets microchipped for $10; however, this does not include the national registration fee.

Cook County’s low cost … (2 comments)

Elk Grove IL Real Estate - Market Improvements for Housing - 06/13/12 03:00 PM
Elk Grove Village IL Real Estate - Housing Report for May 2012 How to describe the current market for Elk Grove IL Homes?   We have actually been seeing a distinct improvement for the last 12 months.  Interest rates have never been lower with affordability being the best it's ever been.   The months supply of inventory for Elk Grove Village has oddly decreased and then has returned to a higher level.  We have 30% less in housing inventory then we did a year ago.  Too many homes on the market makes it more competitive and prices are forced downward.     Another good indicator … (2 comments)

Hoffman Estates IL Real Estate - Market Improvement for May 2012 - 06/13/12 08:38 AM
Hoffman Estates IL Real Estate - Housing Report for May 2012 How to describe the current market for Hoffman Estates IL Homes?   We have actually been seeing a distinct improvement for the last 12 months.  Interest rates have never been lower with affordability being the best it's ever been.   The months supply of inventory for Hoffman Estates IL Homes has been steadily decreasing and has actually kept our recovery on an even keel. We have 19% less in housing inventory then we did a year ago.  Too many homes on the market makes it more competitive and prices are forced downward.   … (0 comments)

Schaumburg IL Real Estate - What have home sales been doing? - 06/12/12 02:18 PM
Schaumburg Homes - Schaumburg IL Real Estate - Housing Market for May 2012 How to describe the current market for Schaumburg IL Homes?   We have actually been seeing a distinct improvement for the last 12 months.  Interest rates have never been lower with affordability being the best it's ever been.   The months supply of inventory for Schaumburg IL Homes has been steadily decreasing and has actually kept our recovery on an even keel. We have 27% less in housing inventory then we did a year ago.  Too many homes on the market makes it more competitive and prices are forced downward. 
    Another … (1 comments)

Northwest Suburban Real Estate Market Report - May 2012 - 06/10/12 08:34 AM
Real Estate Market Update - Northwest Suburbs - May 2012 You might find this report interesting if: 1)  You are thinking of selling your home in the Northwest Suburbs and want to see what's really up with our market. 2)  You don't know what to believe because there are conflicting reports constantly in the media. 3)  You're a future buyer that's looking to get a feel for purchasing a larger home in the area but you're not sure what to expect. So let's start with those nagging questions you might have. What is going on with our real estate market? 
I'd … (2 comments)

Help for Short Sales which are anything but 'Short' - 06/06/12 10:24 AM
Short sales are expected to get 'shorter' starting June 15, 2012.  New guidelines directed at Fannie Mae and Freddie Mac will now be required to give home buyers of short sales notice of their final decision within 60 days.  The new guidelines also will require lenders to respond to short sale requests within 30 days of receiving an offer from a potential seller. The expedited process is expect to be a much needed boost to our market.  Often sellers and home buyers have to wait months before they receive a decision from the lender on an offer for approval.  A good percentage … (4 comments)

Struggling to Keep your Home? Foreclosure Seminar June 5th, 2012 - 06/01/12 01:50 PM
To assist local families who are struggling with mortgage payments, and possible foreclosure, State Rep. Fred Crespo will be hosting a foreclosure seminar with the Attorney General's Office, and as of now Bank of America and Chase Bank on Tuesday, June 5th 2012 at 6 p.m. at the Park Place Family Recreation Center on 550 South Park Boulevard in Streamwood.   This free event allows local residents who are either struggling to pay their mortgages, seeking loan modifications or need clarification on legal statements relating to their mortgage, to speak with representatives from Bank of America, Chase Bank and the Attorney … (1 comments)

 
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Lyn Sims - Schaumburg Homes

Schaumburg, IL

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Schaumburg Real Estate - Northwest Suburbs - RE/MAX Suburban

Address: Schaumburg | Hoffman Estates | Elk Grove Village | and Roselle, IL in the Northwest Suburbs of Chicago

Office Phone: (847) 230-7324

Cell Phone: (847) 230-7404

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Market comments, updates and news about the surrounding communities of Schaumburg, Hoffman Estates, Elk Grove Village, Roselle, Bloomingdale, Bartlett, Streamwood, and Hanover Park in the Chicago Northwest Suburbs.



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