5 Factors that Go Into Determining the Value of Your Home in Chicago

The value of your home (or any home, really) is determined by what buyers in the market are actually willing to pay for it. It really doesn’t matter much what you, the seller, think your home is worth – it depends almost entirely on market value. Sellers often either overestimate or underestimate the value of … Continued

4 Ways to Ensure Your Offer is Accepted When Buying a House in Chicago

The economy certainly isn’t in its best shape ever, but that hasn’t dampened the housing market – for sellers. Inventory remains extremely low, and buyers are numerous, especially with the current low-interest rates. And that means sellers are in the driver’s seat and can be pretty picky with offers because, most of the time, they … Continued

What Chicago Homebuyers Need to Know About Earnest Money

Putting your first offer in on your dream home is exciting and stressful, and you want to make sure you’re putting your best foot forward with the seller. Today, we’re going to help you out by making that initial offer great from the very beginning and go through what Chicago homebuyers need to know about … Continued

Pros and Cons of Renting a Chicago House vs. Renting an Apartment

As you’re beginning to look at rental properties, you’ll eventually have to decide on if renting an apartment or a house suits you better. To assist you in figuring out which situation would be best for you, let’s look at some pros and cons of renting a Chicago house vs. renting an apartment. Privacy One … Continued

The Closing: How Long Will the Process Take When Buying a House in Chicago?

During the process of buying (or selling) a house, there are typically two nail-biting stages or milestones. For buyers, these are getting pre-approved for a mortgage and closing, both involving not a little anticipation and anxiety. Here we want to examine the closing process because there is so much confusion and misinformation surrounding it. Let’s … Continued

How Changing Interest Rates Change Which Homes You Can Afford in Chicago

Interest rates are changing – that is, they are rising – and that’s going to affect what homebuyers can afford. With the current low inventory and rising home prices, it’s just another blow for buyers. Interest rates are steadily rising, slowly at first and now at an increasing rate, from the historic lows they hit … Continued

The Pros and Cons of Hiring a Property Manager in Chicago

If you’re a controlling investor or landlord feeling overwhelmed by the day-to-day responsibilities of managing multiple properties, the idea of having an extra set of eyes and ears around to address any issues could sound pretty appealing. To help you decide if you’re ready to commit to getting some help, let’s look at the pros … Continued

What to Expect After the End of the Foreclosure Forbearance Program in Chicago

The federal CARES Act provided mortgage-payment relief for millions of American home owners experiencing pandemic-induced financial hardship. It was truly a lifeline for these many homeowners who wouldn’t have been able to keep up with mortgage payments. But the one-year end date for many of the forbearance plans is fast approaching – and it will … Continued

How to Create Multiple Income Streams With Chicago Real Estate

As you continue to build your investment portfolio, you will be able to achieve financial freedom and begin living the life you envision. You can start checking off everything on your bucket list earlier and continue living life on your terms through carefully planned Chicago real estate investments. Sounds great, right? So, how do you … Continued