Archive for October, 2007

6 Space Saving Tips

There are many upgrades that will simplify your life and boost the saleability of your home but most of the time the simple things are just overlooked. Here are some tips on how to maximize the space in your house and make more more room.
1. Closet organizers - Canvas sorters
The simplest way to expand closet […]

Another sign of weak housing market

Number of vacant homes on the market nationwide has reached the 2 million mark. The number of vacant homes for sale rose in the third quarter, according to the latest government reading that casts new harsh light on the weakness of the housing market.
The Census Bureau report puts the number of vacant homes for sale […]

Great tax deductions for second homeowners

This is a great time for buyers to invest in second homes. Chicago has an abundance of great condos at good prices with great rental and appreciation potential. Besides appreciation and rental income, second homeowners can add to their income with great tax deductions.
Mortgage, taxes and insurance

Property taxes
Property insurance
Flood insurance
Liability insurance
Mortgage interest
Private mortgage insurance (PMI)
Refinance […]

The “Rent to Own” solution for both Sellers and Buyers

Inventory is rising, sellers are running out of incentives and buyers are walking away from closings because of financing trouble. We are currently experiencing the effects of a free falling real estate market and one of the solutions for both sellers and buyers could be the “Rent to Own” option. Hardly used in Chicago’s real […]