It isn’t news that the economy is down, or that banks are being very tight with lending. But it may come as surprise to know that most banks will look for any reason not to close a deal—so don’t give them one. If anything deviates from the norm, some mortgage lenders are quick to delay [...]
Entries from September 24th, 2009
Buying A Chicago Home? Follow These Steps If You Want To Close The Deal
September 24th, 2009 · No Comments · Housing economy, Residential
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Downtown Chicago Real Estate Trends
September 18th, 2009 · No Comments · Housing economy, New Construction, Residential
By Gail Lissner
Are buyers returning to the Chicago condo market? While the sales volume continues at very thin levels, there has been a recent uptick in sales activity as prospective buyers are sensing that pricing has now reached levels which are rather enticing. With the discounted pricing now being offered by sellers in the Chicago [...]
Tags:Appraisal Research Counselors·Chicago Condos·Chicago Homes For Sale·Chicago housing market·Downtown Chicago·Gail Lissner
Chicago Condos Best Of Both Worlds: Green Spaces Without The Hassle
September 14th, 2009 · No Comments · Entertainment, Outdoors, Residential
Having a private lawn can be a major benefit to owning a single-family home, offering you a place to play with the kids, relax, and enjoy our great city, Chicago. But owning your own stretch of green space comes with its fair share of stresses, too. A nice lawn requires maintenance. And as such, many residents turn to a Chicago condo [...]
Tags:2520 N lakeview·900 N. Michigan Ave·Chicago Condos·Green spaces·Lake Point Tower·Sheldon Salnick·The Park Monroe·The Residences
Chicago Real Estate Market To Be Affected By New Loan Disclosure Rules
September 9th, 2009 · No Comments · Housing economy
Closing on a piece of real estate can be a wonderful feeling, especially if you’re buying in Chicago. But those feelings of joy are often dampened by the hidden costs and fees that come with closing a deal. However, according to Realty Times, in an attempt to prevent such an occurrence, the Federal Reserve Board [...]
Tags:Annual Percentage Rates·chicago·chicago real estate·Loan disclosure rules·Realty Time