Author Archive
Selling Inherited Property
Here are some helpful pointers for family who take on the responsibility of selling an inherited property. Make a list of the necessary repairs to get the house ready to sell. Hire an attorney to find out where you stand legally. Work with a re...
Giving Up My 3% Mortgage
Anyone who bought or refinanced a home in recent years likely has a mortgage with a nice low interest rate. Some don't want to give up their 3% mortgage, especially if they have to swap it out for a 7% mortgage. But interest rate is not the pri...
Moving Away from the Open Floor Plan
Buyer preferences are moving away from the togetherness of a completely open floor plan. The open floor plan allowed families to be together more at home, but it comes with a lack of privacy and personal space. Especially if you are working fro...
Automated Valuations of Your Home
Automated valuations found online are data driven algorithms that rely on information derived from public and private sources, such as a county assessor and the multiple listing service. The data used to automatically estimate a home’s value ...
3 Things to Avoid Just Before Buying a Home
Lenders love consistency and there are several things to avoid just before purchasing a home. Do Not Change Jobs. Many lenders like borrowers to have a two-year work history with the same employer. Do Not Switch Banks or Move Your Money Between...
Redefining the Luxury Home Buyer
94 percent of luxury homebuyers would swap 1,000 square feet of living space for a lifestyle amenity. That may not seem like much, but the message is that square footage as a status symbol is being replaced by smart, efficient, and amenity rich...
A Market in Transition
A sure bet in real estate is that markets will transition. The strong seller’s market in the Chicago area that we have experienced for the past 18 months is now transitioning toward a balanced market. Although inventory is still tight, buyer...
For the Love of an Older Home
If you love historic home design, have dreamed of owning a century old property, or just enjoy visiting these homes, www.findeverythinghistoric.com may be a destination site for you. There are sections on real estate and design for old home af...