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Understanding the Key Players when Applying for a Home Loan
As a Real Estate Agent in Chicago – I have so many first time home buyers. I thought this was a great outline of the key people that every home buyer should know once they submit an application for a … Continue reading
Posted in MORTGAGES 101
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Board Must Provide 10-30 Days Notice to Adopt Special Assessment
So many buyers in the Chicago Market buy into condo buildings and their biggest fear is a special assessments. Hopefully buyers and their real estate agents/lawyers due their due diligence to ensure the building the buyer is buying into (and … Continue reading
Associations Now Becoming Landlords in Chicago
These are great points for any home owner’s association in Chicago to consider when an a unit in your building is behind on their assessments. Read More at “Associations Wise to Use Caution in Leasing Units”. My opinion is with … Continue reading
Understanding your Good Faith Estimate (GFE)
In the Land of Google – we all comp shop. I always tell my buyers to sit down with their lender and understand line by line what is on their GFE (Good Faith Estimate) before committing to one lender. This … Continue reading
Posted in MORTGAGES 101
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What Information Should and Should not be put in meeting minutes?
I just read the following article in the Chicago Homes Magazine (part of the Chicago Tribune Sunday edition), May 13, 2011 “Practical and legal guidance on association issues” I get the question a lot from sellers about to put their … Continue reading
Associations
The most common question I have from buyers when they are looking to purchase a condo is “How do I know if the association is financially sound?“ Typically you can review the last 12 months of meeting minutes, budget, and … Continue reading
May Fest
Chicago Summer Festivals have begun! This is one of the reasons Chicago is the Best City in the World. Every weekend from May – August there are multiple street festivals in various neighborhoods offering cold beer, great crowds, & … Continue reading
Posted in THE BEST CITY IN THE WORLD!
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