Do You Need to Know More about Forbearance and Mortgage Relief Options? Earlier this year when the nation pressed pause on the economy and unemployment rates jumped up significantly, many homeowners were immediately concerned about being able to pay their mortgages, and understandably so. To assist in this challenging time, two protection plans were put into place to help support those in need. First, there was a pause placed on initiating foreclosures for government-backed loans. This plan started on March 18, 2020, and it extends at least through December 31, 2020. Second, homeowners were able to obtain forbearance for up to 180 days, followed (0 comments)
debra kukulski cary barrington crystal lake algonquin il real estate homes for sale realtors foreclosures short sales: Where will real estate home prices be in 2016?
- 10/20/15 11:48 PM
What will it cost you to wait until 2016 to buy a home? Where Will Home Prices Be Next Year - This Graph Shows Forecasted Home Appreciation Rates For 2016 Broken Down By State? Per this forecast, home prices are expected to rise 3.5 Percent in Illinois! Great news for home sellers in Illinois, not so great news to home buyers! It may be wise to not wait....you will most likely get your home for a lower price and lower interest rate if you buy now since the real estate market is steadily increasing.....something to consider! [INFOGRAPHIC] #realestate http://www.keepingcurrentmatters.com/2015/10/16/where-will-home-prices-be-next-year-infographic (2 comments)
This article and survey shows that a very small percentage of homes actually sell by owner and that the average sales price of a home sold though a Realtor is 230,000., while the typical home sold by owner has an average sales price of 184,000.!
Even if the seller has sold some homes in the past, or (1 comments)
debra kukulski cary barrington crystal lake algonquin il real estate homes for sale realtors foreclosures short sales: Foreclosures LOWEST since "Great Recession"!
- 06/02/14 06:01 AM
This is excellent news!!! Per National Association of Realtors, the number of homes that have been foreclosed upon in the past 12 months is the lowest we have seen in recent years. It is good news for the real estate market, yes, but even better news for homeowners. The number of home that have actually been foreclosed is down 18% April 2014 from April 2013. Another highlight is that Illinois is no longer in the "Top 5" for highest number of foreclosures. It's definitely great to see less people forced out of thier homes! You can click here for the full article: (3 comments)
Can you turn off your lights for just one hour for the good of our planet? Hey, I just signed up on the new Earth Hour website for 2011 and I thought you might like to take a look and possibly sign up, too. Earth Hour is on March 26, 2011 at 8:30 pm, and it looks like it's going to be THE BIGGEST EVER. As of today: 131 countries are now participating in Earth Hour, making this the largest call to action against climate change in history. (3 comments)
"Friday, September 10, 2010 Achievements In Metro Chicago Real Estate Sales Bring Career Honors From RE/MAX To McHenry County Agents ELGIN, Ill., Sept. 9, 2010 -- A group of RE/MAX affiliates from McHenry County, Ill., were among the elite agents who recently earned career awards from RE/MAX, the leading international real estate organization. Eight agents from three offices in (9 comments)
I just viewed this new video put out by Certified Distressed Property Experts (CDPE) that does a GREAT job of explaining the basics of the new Home affordable foreclosure alternatives ( HAFA) program that just came out a couple of weeks ago. If you need further information on either buying or selling a distressed property ( REO, foreclosure, pre-foreclosure, short sale ) please feel free to contact me. It will be my pleasure to assist you.
Search distressed properties HERE-Foreclosures, REO's-Bank Owned, Pre-foreclosure and Short Sales
As I was setting up some showing appointments for one of my buyer clients, I was very excited that of the 4 short sales my buyer was considering, with a little research I found out that 3 of them were from lenders participating in the new HAFA program. This is great news as they are now covered by the new regulations to make short sales more uniform and hopefully, much shorter of a process! One thing to note is that NOT all lenders are participating in HAFA, IT IS VOLUNTARY! If your loan is FHA, Fannie Mae or Freddie (2 comments)
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