schaumburg homes: Schaumburg Homes - Lyn Sims RE/MAX Suburban - 03/05/11 05:28 AM
Looking to sell your Schaumburg Home?
Lyn Sims with RE/MAX Suburban offers practical selling advice and home staging getting your property ready to sell in this tough market.  Getting your property the top exposure it deserves on the internet where today's buyers start their shopping experience.

Looking to buy a Schaumburg Home?

Lyn Sims will represent you only as a buyer agent and get you the best price and the best terms for one of your largest investments.


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schaumburg homes: Heatherwood Estates West - Schaumburg IL - 01/26/11 11:30 AM
Heatherwood Estates West - Schaumburg IL
Heatherwood Estates West was started in 1991 by Pasquinelli Builders and offers 2 distinct sections (Original Heatherwood here).  
Heatherwood Estates West offers 8 different models to choose in manor homes/coach homes either on the 1st or 2nd floors and all include a private garage. In addition Heatherwood Estates West changed the bathroom configurations giving buyers a smaller bath and another walk-in closet (Mark 1).  Popular options available: ranch style living, vaulted livingrooms, vaulted bedrooms, gas log fireplace, skylites, garden tub, oak trim work and doors, window seats, walk-in closets, separate showers and deluxe baths.
Heatherwood Estates West also … (2 comments)

schaumburg homes: Heatherwood Estates - Schaumburg IL - 01/26/11 08:34 AM
Heatherwood Estates - Schaumburg ILHeatherwood Estates was started in 1989 by Pasquinelli Builders and offers 2 sections in 3 locations. This post is concerned with the first phase.  
Heatherwood Estates offers 8 different models to choose from either on the 1st or 2nd floors and all include a private garage.
Options possibly available:  vaulted livingrooms, vaulted bedrooms, gas log fireplace, skylites, garden tub, oak trim work and doors, window seats, walk-in closets, separate showers and deluxe baths.  
Heatherwood Estates offers plenty of open space, green areas and has a large pond with walking path.  Close proximity to banks, grocery store, shopping and is … (1 comments)

schaumburg homes: You've Got Mold... - 10/17/10 07:10 AM
Obviously this is MOLD.  Bad mold that needs to be taken care of by a professional.  Just wanted to show you how bad that it can really get.  These are pictures from a home inspector in Tennessee - Mike Thornton.
This stuff is no joke.

You've Got Mold...Anybody who has ever dealt with bank owned properties knows that they will be in varying states of disrepair. Oftentimes, this starts while the home is still occupied. Having given up hope, what was once their American Dream has now turned into their American Nightmare.Deterioration continues as there is no longer a loving … (4 comments)

schaumburg homes: Schaumburg Homes - What's the market like in September 2010? - 10/04/10 08:21 AM
How to describe this market for Schaumburg Homes?  Unbelievable! A now retired agent in my office used to say this to encompass every conceivable change or option and still stay positive!  I'm going to loudly reiterate that phrase to update you on recent Schaumburg Home sales.Over the last 3 months, inventory for Schaumburg Homes is down substantially from 14 to 9 months.  Where did these homes go?  I think that sellers have taken their homes off the market and decided not to move or the sellers have become 'reluctant' landlords in order to continue with their future plans.  The problem is not … (0 comments)

schaumburg homes: Northwest Suburbs Market Trends - July and August 2010 - 09/11/10 02:46 AM
Hello, is anybody there?   (long echo ............ crickets)That's what the market has been like here in the Northwest Suburbs for the last 2 months.  It's been very lonely and I'm sure most sellers will agree with me.  No action!  What I've noticed is lots of internet 'shopping and lurking' but no real foot traffic into the homes themselves.  Inventory is UP over last year and in a few instances 2009's sales total have surpassed 2010.  So if we stop for a moment and wonder where the buyers actually are?  (crickets again)  I can't actually say.  But they are lurking.Interest rates are … (7 comments)

schaumburg homes: Newest Discrimination: PREGNANCY and Your Mortgage App - 08/14/10 04:11 AM
Schaumburg Home Buyers, IF you hear this ... get up and walk out of your loan application!
Can we say gender discrimination?
There are many great lenders who would not ask that question.  Contact me to find out about a lender who would not subject you to this discrimination!

I closed on a house today where the buyer was asked by BANK OF AMERICA about their future child plans! Not if the wife was pregnant now, but FUTURE plans.
This is a young couple moving from their first to second home. At the last minute, the underwriter (of course) requested several more forms and … (0 comments)

schaumburg homes: Schaumburg Homes - Looking for a Home! - 08/09/10 07:24 AM
Looking for a home in the Schaumburg area?  
Check out available Schaumburg IL Homes now!  Interest rates are at a 40 year low so why not take advantage?

These are the current market numbers and availability for Schaumburg IL Homes.  Lots of great selections (215 total) below the $300,000 range and we've got great custom construction for price ranges above that!  The current average listing price for Schaumburg is $392,600.  Some 'handyman specials, foreclosures and fixer uppers' are available for buyers trying to get instant equity in the market by doing the work themselves!  Some start at just $143,500.


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schaumburg homes: Lurkers, Lookers, and Other People Mom Never Warned Me About - 08/09/10 02:15 AM
Sellers - the reality of the market is just this.  Lots of lookers, lurkers on the internet with no tangibleresults that lead to a contract!
Great post from J. Philip Faranda from the New York area.
 

Chances are that if you are selling a home that has been on the market any length of time, you've had your share of showings. If you haven't sold yet, you might wonder what all those people who passed on your home eventually bought. I've got news for you: a huge percentage of them aren't buying anything anytime soon. They are working with … (2 comments)

schaumburg homes: 7 Tips for Coming Up with Down Payment Money - 08/06/10 03:55 AM
LOOKING FOR DOWN PAYMENT HELP?  Here's a great post that might give you suggestions to come up with some extra $$ for that home purchase you're planning.  Be aware that there are MANYprograms to help homebuyers so if you would like to discuss them, please call or email me.
There are many communities or counties that offer help and there is only a certain amount allotted per year and some income requirements might apply.

Zero down loans are (almost) entirely a thing of the past. While many wanna-be buyers are tucking their down payment pennies away, many of these folks … (3 comments)

schaumburg homes: Lyn Sims offers mobile search for Schaumburg Homes! - 08/05/10 08:33 AM
Introducing m.lynsims.net! Now your real estate search and favorite properties can go wherever you and your phone go!  THE MAGNIFICIENT 7 FEATURES OF MY NEW MOBILE SEARCH ~  
Search the full MLS anywhere anytime including access to property details. Registered members, like yourself, can see all available listings in the MLS. Access your saved searches and favorites from your mobile device. Unlike most mobile real estate searches on the market today, you can save your searches and your favorite properties. There is no learning curve. The mobile process is completely intuitive. You can search and save just like you do on … (7 comments)

schaumburg homes: I Am A Local Real Estate Expert - Zillow Is Not - 07/31/10 06:16 AM
Looking on Zillow for real estate information? Not really accurate information provided or did you not know that?
That's OK, the secret is out now. 
Please enjoy this post from an agent in North Carolina, Leesa Finley.

I Am A Local Real Estate Expert - Zillow is Not Whether you are thinking of buying a home or possibly selling your home you more than likely have stumbled upon Zillow and thought you hit the mother-load of real estate information!  It's a fancy site with Zestimates, has homes marked on a map that are either currently listed or have recently sold, … (6 comments)

schaumburg homes: What you should know about Pricing your Schaumburg Home - 07/28/10 05:48 AM
Listing your home soon?  Here's a couple of things you should know about 'Price'.
There’s actually a few factors that are embroiled together – Price, condition, location.  Together all three will actually make your home either sell or be rejected by prospective buyers. Obviously in this market and the elevated inventory for Schaumburg Homes you have to be ‘dead on’ with your homes price.  Too high and no one will take your home seriously and it will be passed over.  Too low?  Well that really doesn’t happen too often except in distress sales, foreclosures and the like.  A fair price – what … (8 comments)

schaumburg homes: SELLERS ADVICE - SMELL-A-VISION? WHAT PICTURES CAN'T CONVEY! - 07/27/10 06:19 AM
Boy I wish we had Smell-A-Vision or do I?  This is a great post from Paula Hamilton in Texas about odors in homes that sellers are so used to they don't even notice them anymore.  Remember when Fido used to stink?  He still does!  You've just gotten used to it.  Your nose 'knows' that odor and blocks it out.  But that buyer won't!
I think that on occasion you should 'air out' your home for 10 minutes or so even with the hotter summer months.  Think of buyers as the best visitors you can have & give them your best efforts.  It … (13 comments)

schaumburg homes: Schaumburg Homes Market Snapshot - June 2010 - 07/21/10 08:43 AM
Schaumburg Homes Market Snapshot - June 2010  
The graph illustrates sales for single family Schaumburg Homes from January to June 2010.  With all the media hype about the tax credit, I would have expected better numbers.  What I see here is the standard increases that we see every year at this time.  But, one caveat is that I believe the tax credit was much more valuable to multi-family buyers.  In that segment I saw a surge for the deadline (June 30th) but again this could also because of the time of year. 
 
Schaumburg foreclosures and 'better priced values' have been … (3 comments)

schaumburg homes: The Top 17 Features Generation Y Looks For When Buying A Home - 07/18/10 07:06 AM
What the new crop of buyers are looking for in today's homes.  See if you agree with this list.
A thank you to Bea Fields in North Carolina.
 
I want to start this post by saying that, as with all demographics, not all Generation Y home buyers are going to want the following list in a home.  But, the trends with this age group seems to be leaning in the  direction  for certain amenities and features when buying or renting a home.
I also will just add that as Generation Y begins to marry and have children, a few of these … (2 comments)

schaumburg homes: DEED IN LIEU - PRESERVATION COMPANY FRAUDULENT BILLS - WATCH OUT! - 07/18/10 02:05 AM
Great, another scam on someone that can't afford to live in their homes any longer!  I haven't seen this yet in our area of the Northwest Suburbs but with lenders across the country it can only be a matter of time before we see this happen.
Taxpayers are paying the bills or the homeowner who can't afford these charges in the first place.
I'm not sure how you can protect yourself from this other than getting or taking videos of your 'walk out' prior to leaving.  Usually sellers turn over the keys to a bank representative or Realtor at the time they … (1 comments)

schaumburg homes: Schaumburg Homes - What's the results of the tax credit? - 07/04/10 01:36 AM
What's the results of the tax credit with Schaumburg Home Buyers? I've been waiting to write this update now for quite sometime on Schaumburg Home Sales and to be honest, it sure is a let down!  Yep, anti-climactic end to the Home Buyers Tax Credit.  Like a sharp object aimed at a balloon, it's a total fizzle (or as Snoop Dogg would say 'a total furrrschnizzle').The graph illustrates sales for single family and multi-family Schaumburg Homes from January to June 2010.  With all the media hype, I would have expected better numbers.  What I see here is the standard increases that we … (2 comments)

schaumburg homes: Schaumburg Homes ~ $149,900 2BR 2BA Manor Home $ DEAL ALERT $ - 06/22/10 08:37 AM
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schaumburg homes: Schaumburg IL Homes - How many Short Sales are there really? - 06/21/10 07:32 AM
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 Schaumburg IL Homes that closed within the last 6 months there has been virtually a small percentage of homes going short sale.  Also a small number of foreclosures which my graph will represent.  'Arms Length' transaction is a regular sale between … (4 comments)

 
Lyn Sims, Real Estate Broker Retired

Lyn Sims

Real Estate Broker Retired

Schaumburg, IL

More about me…

Address: Schaumburg, IL, 60194

Mobile: (847) 962-7104


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


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