Lyn Sims on the Schaumburg Area
Schaumburg IL Homes and Real Estate - Northwest Suburbs of Chicago
ARCHIVED BLOG POSTS
2010
Know how to open a bottle of wine without a corkscrew ..... Interested? Ever been caught on an impromptu picnic and left the corkscrew behind? Watch this great video. I was amazed how quick it is. This restaurant is located in Evanston IL if you are interested in going there BTW.
06/29/2010
This is an interesting fact about Loan Modifications that many do not realize will happen. Sellers are so transfixed on getting the payment reduced that they don't realize that their credit report is constantly monitored and any late pays will trigger other credit cards to increase your rate an...
06/28/2010
Gee, who would have thought that lenders do not care about their clients financial health (severe sarcasm)? Explains the latest buzz word 'Strategic Default'. I'm going to start investigating & digging a little deeper on a few of my deals to see if indeed the lenders are changing their strategi...
06/26/2010
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Do I still have a contract ..... If the contract is wet?Well ..... technically just because the contract and the signatures have gotten a little more than the needed 'liquid' .... yes you do!Yes, Mr. Seller, just because it rained on your contract last night doesn't mean it isn't valid.I hearby d...
06/25/2010
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Foreclosed Homes - What's a 'Trash Out'? A 'Trash Out' is often a gut wrenching clean out of a home where the owners have left their belongings behind. Often valuables, cherished family items, important paperwork are just left where they are. The people vanish and move quickly on to their new l...
06/23/2010
LinksMy BlogMy websitePhoto GalleryLivingroomLivingroomKitchenKitchenMaster BR2nd BRBackyard ViewFrontDescriptionThis place offers the largest BR's 16x12 in Schaumburg! Vaulted Greatroom, skylites, large kitchen with oak cabinets, pantry, newer appliances included. BR's are 'on suite' for roommat...
06/22/2010
More real estate lunacy! In an effort to curb fraud our area of Cook County has enacted a new law that to me has gone totally over the top! In order to close on a home, the seller must put his fingerprint on the title document which then gets transferred to the buyer. Typical 'give me your thum...
06/22/2010
Ever wonder how many short sales are REALLY on the market? I know I have. We hear in the media day in and day out about the short sale epidemic. Short sale this, short sale that. I decided to find out for you what is really going on. So much hype but what is the real story? How many? With Sc...
06/21/2010
Ever wonder how many short sales are REALLY on the market? I know I have. We hear in the media day in and day out about the short sale epidemic. Short sale this, short sale that. I decided to find out for you what is really going on. So much hype but what is the real story? How many? With Sc...
06/21/2010
At the December 2009 board meeting additional comments were heard regarding the tax proposal. After due consideration and listening to both advocates and opponents of the tax the Village Board voted to adopt the ordinance levying a property tax. The Village of Schaumburg has not levied a municipa...
06/21/2010
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Lyn Sims offers market observations, housing industry updates and real estate news about the surrounding communities near Schaumburg IL in the Chicago Northwest Suburbs.