New Lenox, IL Real Estate News

 Chicagoland & Surrounding Northern Illinois County Offices:Update on Services 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 tran... 04/01/2020

  Addressing the Chicago-Area Housing Shortage: Can New Construction Be an Answer?  There's a home inventory shortage currently being experienced in the Chicagoland area, just as there is all across the U.S.  A recent report shared in Crain's Chicago Business proves that to be true, as it states ... 03/27/2020

  Sheltering-in-Home? All Stocked Up?What You Can Do Next  The current coronavirus scare has many cities, states, and our entire nation declaring a "shelter-in-place" or lockdown of many businesses and services.  We're all having to learn how to navigate the stresses and challenges the virus has ... 03/23/2020

  Your Savings & Down Payment Secret Weapon:Your Tax Refund   Socking away money for any reason is no small fete these days ...    But when the savings are for the purchase of a home, especially if your first home, the act of saving money can seem even more challenging ... and take on an even hig... 03/20/2020

  What You Need to Know About Financial Markets and the Mortgage Process The speed and ferocity with which the financial markets have been moving as of late have been mind-boggling ...   Even consumers that are typically only casual observers of the financial markets, not participants in them, ar... 03/13/2020

  Arriving Summer of 2020:  The New FICO 10 Scoring ModelHere's What to Expect ...  Hotter temperatures aren't the only thing that will soon be rolling in.  A hot new FICO Scoring model will also make its entrance at some point during the upcoming summer months ... A new credit scoring model isn'... 03/04/2020

   Refinancing ... is it right for me?  How to find out ...   There are many factors that influence the rise and fall of mortgage interest rates ...Case in point, right now the fear of a global coronavirus outbreak has the markets in a tither and that anxiety has resulted in lower and fluctuating... 02/07/2020

 Low Housing Levels = Fast-Paced Housing Market   You don't have to look far to find headlines that report about the housing shortage that many U.S. housing markets are currently experiencing.  They're everywhere. One reads, "Housing inventory falls to a two-year low".  Another reveals,  "For-Sal... 02/03/2020

  Lethal Mix:Procrastination and Mortgage Financing  If you read about real estate and financing much at all, you've probably run across numerous articles that spoke to the challenges and frustrations that can be found in modern-day transactions and their financing ... And as a mortgage lender, I... 01/29/2020

  January Should Make You Think "Taxes" ... both Income & Real Estate ... in Will County & Elsewhere  For those that are property owners in Will County, January 15th, 2020 was a day of great importance ...  That day marked the release and publication of the Will County Board of Review decisions r... 01/24/2020

  More Condo Transactions Possible Courtesy of Recent HUD/FHA Changes Today's homebuyers are increasingly reflective of the reality of modern life and its challenges ...As shared in my recent post, "Mortgage Advice & Options for Un-Married Couples", non-traditional methods of home buying are beco... 01/21/2020

  The Mortgage Advice & Options Un-Married Couples Need to Know  It probably comes as no big surprise, when it comes to the housing market, the younger generations make up the largest percentage of home buyers. The following statistics from the National Association of REALTORS® Research Group Apr... 01/15/2020

 Herald News 2019 Readers' Choice Award Winner "Best Will County Mortgage Broker" -  Gene Mundt     Each year The Herald-News hosts a "Readers' Choice Award" contest ...This year's voting took place between the dates of September 10th to September 30th.    The winners in each of the award categor... 01/08/2020

  To all my friends and followers at ActiveRain ...    12/31/2019

 What Insurance Protections Might Be Needed During Mortgage Financing?  The buying and financing of a home can seem like a pretty detailed and confusing process at times.  As a result, it's vitally important that new buyers and those refinancing thoroughly understand the process they're entering ... 12/30/2019

  The next couple of days are extremely busy ... for me and I'm sure all of you too.  So I'm sharing my Thanksgiving wishes now in order to share them with as many as possible ...    11/26/2019

 WHAT are Transfer Taxes? HOW Much are They?   WHO Pays?  When I first speak with clients seeking information regarding mortgage financing, they're typically focused on 3 things: What Down Payment they will need What their Interest Rate will be Can they get Approved for a Mortgage  The answers to... 10/30/2019

 2019 -  Halloween Safety Tips for Pets  The Halloween Season with all its scary costumes, parties, tasty treats, spooky decorations, and haunted homes are finally here ...  But sadly, potential dangers also arrive with it.  And that means we should be taking the time and making the effort to pla... 10/28/2019

  The Many "Species" of Student Loans & How They Can Affect Your Home Buying  Did you know that it is now thought that there are almost 18,000 bird species to be found across the world? A recent study released by the American Museum of Natural History revealed a new accounting ... one that almost... 10/18/2019

  Trick-or-Treat Hours & Halloween  Safety Tips for New Lenox - 2019 The Halloween Season with all its outrageous costumes, fun parties, tasty treats, and outlandish decorations is finally here ...    Halloween Trick-or-Treat Hours for 2019 have been announced by the Village of New Lenox.  Hallow... 10/08/2019