Real Estate Blog

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 […]

Isn’t this a question that we all asked ourselves? Wouldn’t be great to own two properties, live in one and rent the other one?
But are you financially ready to take the plunge? Lenders are tough on second-home loans. Usually, second-home loans require a 20% down payment, and not many lenders are willing to take the […]

How do you buy a new home without cracking your nest egg too deeply? Our expert has some advice.
NEW YORK (Money) — Question: My wife and I are currently renting, but we’d like to buy a house. Problem is, we happen to live in somewhat expensive area where single-family homes cost at least $300,000. Our […]