Lyn Sims on the Schaumburg Area

Follow me
By
Real Estate Agent
Schaumburg IL Homes and Real Estate - Northwest Suburbs of Chicago

ARCHIVED BLOG POSTS

2013 

Let me help 'deflate' Cloud CMA Recently we had a small presentation group in my office regarding Cloud CMA & since I hadn't really looked at a CMA program in quite a few years, I'd be up for some new information. Anything to make the job easier & get the job done faster.Here's my take on Cloud C...
04/29/2013
Today in the National Real Estate Post (aka Think Big, Work Small) they talked about the 'averages' in today's lending environment.  I have to say that I am definitely working with the wrong bunch (sorry buyers!) in my area based on these numbers. Average Credit Score of Applicants is 743. Averag...
04/25/2013
Schaumburg Short Sales Many sellers are finding that their Schaumburg homes cannot be sold for enough to cover the mortgage lien on their properties. So they sell “short” by getting the mortgage lender to accept less than what they owe to clear the mortgage debt. Consider a short sale a 'graceful...
04/16/2013
For Schaumburg Home buyers this is good news and another alternative to FHA which has raised it's fees recently.  Another value based option when thinking of purchasing a home in our Schaumburg area.  You want to work with a lender, like Gene Mundt, that can offer differing financing programs rat...
04/16/2013
Real Estate Market Update - Northwest Suburbs - March 2013 Welcome to the place to get those housing questions answered about the real estate market in the Northwest Suburbs! Our local inventory level has continued to decrease and ended at extremely low levels. With this inventory level under 3 ...
04/10/2013
Should homeowners take legal action against complacent board members? I say 'yes' and here's an example why: In my association, the board members have ‘said’ that they have been seeking FHA approval now for over 2.5 years. Despite constant assurances that the association is in sound financial hea...
04/05/2013
I read a real estate related newsletter from RealtyTimes.com that has a few different topics in it and one is Rich Thompson the HO Expert.  Each newsletter he offers up situations and answers questions on homeowner meetings, condo rules, etc.  His last question made me decide to write a question ...
04/03/2013
Rainmaker
1,847,751

Lyn Sims

Real Estate Broker Retired
smartphone(847) 962-7104
Contact The Author

Lyn Sims offers market observations, housing industry updates and real estate news about the surrounding communities near Schaumburg IL in the Chicago Northwest Suburbs.