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 […]
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 […]
Here is an article with a very interesting approach on the whole issue renting vs buying. Even though, I disagree with some points made in that article, I still think it’s pretty interesting and it offers some good information. This article comes from johnchow.com
“The House You Live In Is Not An Asset
Many people view their […]
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