home sales: HERA Changes Lending Landscape for Chicago Homebuyers - 08/10/09 11:03 PM
In the last few years many things have changed in the housing and real estate business. The sub-prime mortgage crisis of the last few years has forever changed the landscape of homeownership in America. Many people are unsure what all the changes mean and how these changes will affect consumers. Also, when it comes to pre-approval and final approval of a mortgage, the days of instant approval and quick turnaround are over. What can you do to prepare for this process?
First, the key to understanding all this is HERA, the Housing and Economic Recovery Act of 2008. This act was … (4 comments)

home sales: CDPE Certification - A New Way to make a Positive Difference in People's Lives - 04/16/09 11:26 PM
The operating principle for our company is Making a Positive Difference in People's Lives.  These words have always been more than a slogan on a business card for us.  Throughout the years, we have helped new buyers locate their first homes and been there when they were ready to upgrade.  We have fielded financing questions and tried to step outside the box to help our clients through sometimes difficult real estate transactions.  We recently decided to take this a step further and are now pleased to announce that we have acquired our Certified Distressed Property Exert (CDPE) certification.
The housing market … (1 comments)

home sales: Making Home Affordable Site Answers Consumer Questions - 03/31/09 11:52 PM
Are you one of the nine million homeowners that President Obama's Making Home Affordable program will help? Now it is very easy to see if you qualify.
On March 19, 2009, the U.S Department of the Treasury and the Department of Housing and Urban Development (HUD) launched a new website to help qualify consumers for the new loan modification and refinancing program.  The new website MakingHomeAffordable.gov offers features such as interactive self-assessment tools and calculators so consumers can see both their eligibility and potential savings.
This effort to educate the public on the program follows the release of guidelines to lenders … (7 comments)

home sales: Seeing the Big Picture - Turning a Disgruntled Seller into a Very Happy Buyer - 03/13/09 06:24 AM
If you're selling your home in this current market, your first inclination might be to fixate on how much you paid for your home and cringe when your REALTOR®  suggests how you should price your home based on market figures.  You might mutter something about how you're giving the house away, especially since you remodeled the bathroom and put on a new roof in your years there.  A good REALTOR® will offer you a mind-alerting revelation.   You have to see the big picture!
Assuming that you are buying another home, you will benefit from the "buyer's market" environment. Another seller who … (3 comments)

home sales: ChicagoCityHomes - MAKING A POSITIVE DIFFERENCE IN PEOPLE'S LIVES One Sale at a Time - 03/03/09 01:25 PM
ChicagoCityHomes, the name of our real estate firm, tells a lot about me and my husband, Louis M. Elia.  We have a passion for Chicago and its neighborhoods and we welcome the opportunity to introduce new buyers to the many wonders of the city.  Our mission statement describes our goal in business:  MAKING A POSITIVE DIFFERENCE IN PEOPLE'S LIVES. With over 50 years of real estate experience between us, we bring some particular areas of expertise to the table that help match our clients with the perfect property, smooth out any difficulties in the process, and leave them happy to pass … (0 comments)

 
Karen Breen Elia, ChicagoCityHomes (ChicagoCityHomes - RE/MAX 10 Lincoln Park)

Karen Breen Elia

ChicagoCityHomes

Chicago, IL

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ChicagoCityHomes - RE/MAX 10 Lincoln Park

Address: 2951 N Lincoln Avenue, Chicago, IL, 60657

Office: (866) 404-3585

Mobile: (773) 230-4294

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