Read any media source ... social, news, printed or online ... and you quickly find multiple articles and reports regarding how busy the late-summer real estate market is in many housing markets across the country. It's been a somewhat unexpected but very welcomed piece of good news for Americans and our economy.
Here's just a couple of the many examples I ran across that prove my point:
"When it comes to home sales, August is the new May, keeping agents busy into the fall" "The housing market is on a sugar high ..." Continued low interest rates, strong … (16 comments)
The COVID-19 outbreak has presented many challenges for all real estate professionals on many fronts ...
One of those challenges has surrounded just WHO is still functioning and providing supportive services for transactions ... and under what circumstances they are providing them.
That's certainly been the case here in Chicagoland and surrounding Northern Illinois counties.
Knowing which counties have acclimated their services ... how they have acclimated them ... what county services are available ... and in what form they are available, is paramount to our completing real estate transactions with haste and accuracy.
Having been in the mortgage business for as many years as I have, I've had the pleasure and opportunity to meet and work with many of Chicagoland's best real estate professionals ...
With some, the relationship goes back decades. I say "relationship", as over the years we've come to know each other well. I've gotten to know about spouses, kids, grandkids, pets, life situations, and more through our shared stories.
Subsequently, strong bonds and trust have been forged between us. Because of that, I've had the pleasure of working with many of my referral partner's family … (6 comments)
mortgage closings: "How Long Will My Chicagoland Mortgage Closing Take?"
- 03/30/16 07:37 AM
"How Long Will My Chicagoland Mortgage Closing Take?" You have found the home of your dreams ... The documentation and underwriting requirements for your mortgage have been met. You've finally heard the sweet words "Clear to Close" from your Lender. The big day, Closing Day, has been set ... Once all these things have taken place, I hear the following question from Borrowers fairly often: "How long will my Closing take?" Truth is, that can depend. Many factors contribute to the length of time a Borrower is at the Closing table on their Closing Day. Some of the things that impact the … (10 comments)
Talk to real estate and lending professionals regarding the current Home Buying and Closing process and you will most likely hear one of the following: "The Loan Closing process is an imperfect one." "All too often, it's a last-minute business." "It generally and eventually comes together." I've personally heard each of the above statements. But this "inexactness" is officially coming to an end in January, 2014. Yes, big changes are coming in just two months. Changes that will decree that only "perfectly" executed transactions will Close ... on … (46 comments)
mortgage closings: Your Will County & Chicagoland Mortgage Closing: What You Can Expect
- 02/12/13 05:46 AM
Your Will County & Chicagoland Mortgage Closing: What You Can Expect You've gone through Mortgage Pre-Approval ... the Mortgage Application itself ... the verifying of employment(s) and savings accounts ... the documentation needed ... and Underwriting. You've complied to every request presented to you. Answered every question. Dotted every "i" ... crossed every "t". Gulp! Now what? The Mortgage Closing. The culmination of all your hard work and what you have been planning for over the previous months! Just how do you determine when your Closing should take place though? Well, first … (11 comments)
mortgage closings: A Tale of Two Brothers ... and One Roller Coaster of a Home Sale and Mortgage Transaction
- 04/10/12 05:48 AM
A Tale of Two Brothers ... and One Roller Coaster of a Home Sale and Mortgage Transaction The headline in a local paper recently caught my eye. The ensuing article contained the obituary of a man that I had once been involved with in a mortgage transaction, years and years ago. This transaction had taken place when I worked at my first job ... a Savings and Loan ... and it was perhaps what I'd call the most "interesting" mortgage transaction I've ever taken part in. It certainly made an impression on me. Now it wasn't the … (10 comments)
;)
;)
;)
