An inside look at Chicago real estate
By Dream Town
You’ve found the home of your dreams, and you’re ready to make it your own. Here are the steps to take to have this real estate transaction go as smoothly as possible. Know What’s Included A standard house offer includes a home’s address, the sale price, financial terms, a seller’s…
By Dream Town
Having secured their mortgage, made the down payment and put away enough savings in reserve for several mortgage payments, many homebuyers think they have a good handle on their financial involvement in the buying process and mistakenly arrive at closing unprepared for the additional major and minor fees about to…
By Dream Town
Holiday spirit is undoubtedly ramping up. As people bake cookies, festively swathe their homes in a mixture of twinkling lights, garland and tinsel and prepare to take leave of their normal nine to five duties for some unrestricted family time, it may seem impossible, and unreasonable, that you could possibly…
By Dream Town
You’ve decided to postpone the hunt for a new home until January and instead fully focus on enjoying the many festive tenets of the holiday season. However, it’s imperative that you keep your spending in check this time of year, so that your credit score remains strong and you get…
By Dream Town
Are you a first-time homebuyer in Chicago? If so, this is a great market for you because you do not have another property to sell, mortgage rates are extremely low and price drops have made lots of homes more affordable than ever. However, buying a property is a complex process…
By Dream Town
It’s near impossible to predict when the housing market is going to rebound or what we can expect to happen in the local real estate industry. But looking at the factors that be, it may not be as important to forecast the future if now is the right time to…
By Dream Town
Did you know 72% of median-income Americans can afford to buy the average median-priced home in today’s housing market? Super low interest rates and affordable prices have brought homeownership within reach for more people than we realize. You might be surprised – you could be one of them! The typical…
By Dream Town
These days you never know what’s going to happen between offer acceptance and the closing table. A transaction that seemed a sure thing one day can be off the next. Increase the odds of your deal going through without a hitch with these helpful pointers. Bank on Bank Delays Mortgages…
By Dream Town
In the past, the young single home buyer steered toward a condo or townhome for his or her first property purchase. But now, affordable prices, low mortgage rates and vast inventory have made single-family houses much more attractive to this extensive demographic. The current housing market has opened up a…
By Dream Town
It’s official! Home buyers will have another 3 months to close on their properties in order to get the federal tax credit. President Obama signed the bill into law on Friday, pushing the closing date deadline back to September 30th for qualified buyers who had a binding contract of purchase…
By Dream Town
The proposed extension for the home buyer tax credit closing deadline was unanimously approved by the Senate yesterday and is now waiting to be signed by President Obama. The bill was passed by the House earlier in the week and now just needs the President’s signature to become law. Under…
By Dream Town
Everyone seems to dread the home inspection because you just never know what will come up and what could potentially kill the deal. As with everything in this business, there are certain steps one can take to minimize the chance for surprise and distress. I recently had the chance to speak…