Chicago
Real Estate Listings
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Chicago
Real Estate News and Questions
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Back in the day the best reads in the Chicago papers came on Thursdays or Fridays when Roger Ebert was presented with a really bad movie. One of the finest of film reviewers in America, Ebert was at his best (and funniest) when he had a chance to sharpen his pencil
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For A+ BBB Chicago Mortgage Loan Modification Services CLICK HERE
The unemployment rate in the United States is currently almost 10%, putting the country in a position that could lead to over three million foreclosures filings this year. This would be a rise in slightly over one million foreclosure filings from
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Where is the market headed? We don't have a crystal ball but can provide a link to what we think is the best regularly updated report on national real estate trends, the quarterly Economic and Real Estate Trends from the people who issue PMI (Private Mortgage Insurance).
Their report includes commentary
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Chicago, Illinois 60641 Market Update for Single Family Homes
If one looked at the two year figure for the housing market in Chicago's 60641 Zip Code area, the figures would be devasting. For instance, the two year repot shows an adjusted price of 52.8% from 2007 to now for Single Family
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7155 S Union Ave
City: Chicago
State: IL
Zip Code: 60621
County: Cook
Tax ID Number: 20 28 102 018 0000
Exterior:
Tan vinyl siding home with brown trim. Landscaping needs to be trimmed back. Nice privacy fence has been built in the backyard. Gutters and downspouts intact. Windows are
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A home or condo lets you own property, but 2- to 4-flats take it to the next level: building passive income and wealth. But the rules in buying multi-unit property are NOT the same as with a condo or home, as you may already have begun to learn:
Rule 4: Financing
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Synchronicity?
When apparently unrelated things occur. But when all is said and done it turns out that the things weren't all that unrelated after all.
I thought of synchronicity today. It turns out The Elysian in Chicago has decided to rescind contracts for 130 or so hotel condos at the property
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This past Saturday, I went shopping for homes with my sellers who are also buyers. We had a broad range of properties and about four hours of looking. Here are some issues that will arise and that you need to take into account:
Listing says "Rehabbed". Now this property was a
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A Chicago Mortgage Banker/Broker
From the desk of Ron Murray- Senior Chicago Mortgage Consultant 1.312.664.2400 x 19
Click here now -Summit Mortgage
Hello, and welcome to Summit Mortgage Corp. A leading Chicago Mortgage Banker/Broker located at 401 N. Franklin in downtown Chicago, right across the street from
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A home or condo lets you own property, but 2- to 4-flats take it to the next level: building passive income and wealth. But the rules in buying multi-unit property are NOT the same as with a condo or home, as you may already have begun to learn:
Rule 3: Analyzing
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According to developer Jacob Bletnitsky, the final tally for sales was 46 units.
The Michigan Avenue Tower II auction - was held yesterday afternoon at the W Chicago – City Center in the Loop.
Buyers packed one of the hotel’s event rooms starting at 1 p.m. to vie for 43 condos
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Optimism for Winter Buyers, But Why Are Some Listings Being Pulled?
As my listing inventory continues to grow and I am running around with more buyers, I am optimistic about the last 6 weeks of the year. Momentum is gaining. I don’t understand something: Why are agents taking
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We certainly are in the midst of wonderful Chicago area Fall weather. There is a nip in the air, and final leaves to rake. It's a wonderful time of year to be in the Chicago area - especially as it has been warmer than normal - though the cool air is
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Chicago - my home town! A strange and wondrous place!
That's especially true each winter, where seemingly-never-ending snows could lead to traffic turmoil, ungodly travel times, or perhaps imprisonment in your own detached garage!
Over the years, Mayoral Elections here have been won or lost on the basis of how effectively
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Rejoice! Rejoice!
The First Time Homebuyer Tax Credit has not only been extended until next year - it has been EXPANDED to include certain current homeowners as well.
To date, the National Association of Realtors estimates 1.8 Million Homebuyers have taken advantage of the program. Many more are likely to until
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"Arm-Chair" Investors are those who do NOT want to live in the property they buy (a more precise term for this would be "NON-owner occupied"). The question we ask here is: Where have ‘arm-chair' investors like that been concentrating their investments?
Our work with arm-chair investors has led us to believe
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FOR SALE 3522 N KOLMAR CHICAGO IL $180,000
This great Irving Park ILarea is a beautifulneighborhood to own property. This is one ofthefour lots which is presently being usedfor parking. The owner would consider selling all lots for the correct amount. Could have many uses for single or multi-unit development
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FOR SALE 3524 N KOLMAR CHICAGO IL $180,000
This great Irving Park ILarea is a beautifulneighborhood to own property. This is one ofthefour lots which is presently being usedfor parking. The owner would consider selling all lots for the correct amount. Could have many uses for single or multi-unit development
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OPEN HOUSE SATURDAY NOVEMBER 14TH FROM 11:00 TO 1:00
This great Lincoln Square Il location at 2414 W Bryn Mawr 2E with four large oversized rooms that has two bedrooms and two baths in theunit. Itis drenched withlots of sunlight. This condo unit features diagonal red oak stained hardwood
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Good Evening, folks!
As my Down Home Texan Blooging Friends might say, "Howdy" from Chicago!
Halloween is over, the kids are long back in school, and it's just shy of a couple of weeks before Thanksgiving. A bit early for Christmas Cheer . . . but that doesn't mean there aren't
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Congrats!
It looks as if those of us in Chicago survived another Friday the 13th - the third such Friday of 2009! But, today, from our office in the Lincoln Square Neighborhood of Chicago, I did notice a few people deliberately avoiding walking under ladders, or crossing the street swiftly in
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Some of the subjects covered: * Roles of the Lender/Mortgage Broker * Credit * Pre-Approval * Roles of the Real Estate Agent * Searching for Properties * Contracts * Negotiation * Closing
Class Location: City Pequod's Pizza, 2207 N. Clybourn Ave, Chicago, IL
Thursday, December 10th at 6:30 p.m.
Class Location:
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Question: ATTN: CHICAGO MORTGAGE BROKERS/LENDERS!
I am a real estate agent for StartingPoint Realty in Chicago and would like to work with potential lenders who are knowledgable in FHA financing and other strategies/programs available for first time homebuyers. I would use this person(s) as a resource for clients. Anyone interested?
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Question: ATTN: CHICAGO MORTGAGE BROKERS/LENDERS!
I am a real estate agent for StartingPoint Realty in Chicago and would like to work with potential lenders who are knowledgable in FHA financing and other strategies/programs available for first time homebuyers. I would use this person(s) as a resource for clients. Anyone interested?
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Question: Good afternoon! I am currently a Realtor that belongs to a south suburban real estate board; What forms are used/needed when showing clients rental properties in Chicago? Thanks for your help!!
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Question: The headline above this box says "Ask a Question About Chicago," so here goes: What is there to do in Chicago? I know there are a zillion websites promoting all to do and see, but what do REAL PEOPLE that live in the area suggest? I'm visiting Chicago this Fall and I just posted a blog posing the question of what there is to see and do. I'd love some feedback from fellow professionals in my Active Rain community! Thank you. :)
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Question: I have 3 rooms on one side of my apartment. There is the master bedroom, then the bathroom, and then a small den. They are all super small. I gave the demensions below. I want to maximize appeal to rent this place out (and eventually sell), and my question is what is worth more. Two very small rooms and a small bathroom, or to knock the walls out to make one big master bedroom and a big bathroom?
Master: 6' 4" in x 9' 3"
Bathroom: 7' x 4'
Den: 6'6" x 8'
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Question: I have a handicapped accesible condo listed and was looking for databases or resources to the market the listing to. Any suggestions?
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Question: I am looking for an Chinese agent
in Chicago.
I have a referral for him.
AAA Realtors - Peter Wu / Broker
214-682-8888
777realty@gmail.com
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Question: Does anyone know ANYONE whose lending to investors for Rehabs.. I got a couple of clients that need help fast!
Carmen Bruton
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Question: Investors/Realtors,
I am an Illinois investor looking for a title company and a real estate attorney. Both should be proficient in performing double or consecutive closings.
In order to clarify, i'm the B in an A to B to C transaction and I don't use the funds from C to pay off A in the form of a dry closing as that is against the law. Typically, I don't deal with a lot of short sales either. I primarily buy property from owners who have equity by paying them cash 60/65 cents on the dollars. Then I turn around and sell the property to another investor or home buyer for 80/85 cents on the dollar. Generally, I know the end buyer and that is why I am buying the property in the first place as I already know what they want but it doesn't have to be that way.
I have the cash to buy and I have the lenders in place who would finance these properties to the end buyer without having an issue with seasoning. Btw, none of this illegal since there is full disclosure to both A and C that I am a cash investor and I am buying and selling for a profit. Both parties sign off on an affidavit of understanding acknowledging this disclosure which is notarized with witnesses. In the case of the short sale, the bank is fully aware that I am the investor and I will resell the property with a profit. The end lender has no problem with financing it as long as the property appraises to the value sold to C. They do not consider seasoning to be an issue which is why they are financing these end buyers.
I am also looking for Realtors who are interested in bringing me leads and if these leads end up working out, I would hire the realtor to help me buy and/or sell the property.
I am looking to expand my network of title companies, attorneys & realtors willing to do such transactions.
Thanks,
-Amin
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Question: how do I post to my outside blog only?
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Question: Hi:-) I was looking for an answer to something similar. When I do new market reports, what I used to do was cut and past my old one into AR and then update the facts and figures, then post. Now with the new cut and past box that comes up, I lose all my spacing and formatting and have to re-do it every time. Is there a better way to do it, so I don't have to re-invent the wheel every time?
Thanks:-)
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Question: I am a small real estate broker. I use to do all buyside deals - but have just started doing sell side deals. I know I need to give 1099's to my agents. But, is there any reason i would need to send 1099's to the companies who are the cooperating broker on a deal?
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Question: thank you for the replies.. I wanted to add that there are no recent sales in my area. some people tell me to get an appraisal some people tell me dont. so now I'm really confused.
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Question: I want to sell my house ...and was wondering if it was a good idea to get an appraisal even if we are in a "buyers market"?
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Question: I am looking to buy a condo in Florida that is going through a short sale. The bank and I agreed on a price of $69,000 and I signed a contract. I was waiting for my closing date when my real estate agent called me and said that the seller has not paid their condo assessments for over a year amounting to $5,000. He also said the seller has no money to pay and the bank refuses to pay that amount. I get the feeling they want me to pay, but we agreed and I signed a contract to $69,000 not $74,000. Do I have any legal action? What are my options?
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Question: Wondering if anyone is doing short sales in IL?
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Question: What is the best way to find "open-houses" in my area?
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Question: I have a house i'm selling on the south side of chicago. In Chicago, does the seller need to provide a survey for the home? If so, who needs to order the survey? And when should it be ordered - after we have a signed contract?
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