Yesterday I hosted an open house in Palatine for a couple that wants to take advantage of this market and move up to a larger home. As their listing agent, I was thrilled with a turnout of 18 people. If I had been the buyer agent for some of those people, I would have been […]
Beware of Lenders Pushing Reverse Mortgages to Buy a Home
The email’s headline was enticing, “Realtor Alert: Seniors can now purchase a home using a reverse mortgage… Learn how to increase your Real Estate Commissions!” A bank invited me to attend their webinar on how people 62 and older can purchase homes using reverse mortgages. Previously, seniors could only get a reverse mortgage on the […]
Chicago Tribune Features Jefferson Park
Today’s Chicago Tribune has a good feature on Jefferson Park. Read, “Jefferson Park moving in the right direction“. There’s good public transportation in the area with Metra, CTA’s Blue Line & several CTA bus routes sharing a station.
Senate Advances up to $15,000 Tax Credit for Homebuyers!
The New York Times reported late yesterday that the Senate “voted to expand the economic stimulus package with a tax credit for homebuyers of up to $15,000”. If the legislation passes, the tax credit will be up to twice the current tax credit for first time home buyers I wrote about just a few days […]
You May Need Your Closing Papers Long After Your Closing
A gentleman I helped buy a house in Evanston a few years ago called me recently. He was refinancing and meeting with the appraiser who had asked to see his plat of survey. A plat of survey shows the boundaries of a property and where improvements (e.g. buildings) are located on the property. Richard couldn’t […]
