Real estate blog entries tagged with real estate blog by Michael Sorensen | Chicagoland Brokers Inc., Top Producer. Nearly 500 SOLD. Tel 773.987.8224 (Chicagoland Brokers Inc. 5151 N Harlem Ave 201, Chicago IL 60656)

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real estate blog: Remax Advisor - Newsletter - Life Expectancy of Home Products - 11/11/07 04:09 AM

The Changing Life Expectancy of Home Products
Maintenance and repair: in many ways they're the phantom elements when trying to figure the cost of owning a particular home. Consumers often focus on easy-to-identify figures, the mortgage payments and property taxes of the world. When it comes to repair costs, potential buyers, current homeowners and sellers alike are usually tempted to come up with a rough "guesstimate". While there is no scientific way to calculate future maintenance costs, some of the mystery can be eliminated by considering the average life expectancy of home components.

The reasonable lifespan of any home component depends … (2 comments)

real estate blog: Remax Advisor - Newsletter - Rent Back - Lease Back Offer - 11/11/07 04:06 AM

Buyer's Corner: The rent-back offer
Question: What exactly is a "Rent-Back" offer, and when should they be used?
In most real estate transactions, the buyer takes possession of the property at or shortly after closing. A rent-back is an offer made by the prospective buyer to allow the seller to remain in possession of the home for a longer period of time.
Why rent-backs benefit the seller
Many sellers find themselves making the dreaded double-move: first from the sold property into interim rental housing, then from the rental into a newly purchased home. Moving twice in a short time span can be costly, and … (0 comments)

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Michael Sorensen | Chicagoland Brokers Inc.

Top Producer. Nearly 500 SOLD. Tel 773.987.8224

Chicago, IL

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