Author Archives: admin

Tax Break for Homeowners

Posted on March 27, 2012 by admin

Everyone is alway asking me the benefits of being a homeowner. I can’t stress enough the tax breaks people receive once they own a home are one of the top benefits for home ownership! Here is a great article from … Continue reading →

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What Happens if there is Roof Leak – Who is responsible?

Posted on March 1, 2012 by admin

What Happens if there is Roof Leak – Who is responsible – Me or my Association? I get this question a lot because I go into many listing presentations where I see the roof has once leaked and the current … Continue reading →

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Who Owns My Mortgage?

Posted on March 1, 2012 by admin

Many of my buyers when shopping loans want their mortgage servicer to land up with a certain company because they have had good customer service with them. However, I thought this was a great article named, “Mortgages likely to change … Continue reading →

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Strategic Default: What Happens When you Walk Away From Your Home?

Posted on February 7, 2012 by admin

I sit with clients every week in Chicago when they are ready to sell their home to discuss the market conditions and the home sales process. Many have been in their homes for up to 10 years and ready to … Continue reading →

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Understanding the Key Players when Applying for a Home Loan

Posted on February 2, 2012 by admin

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 →

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Board Must Provide 10-30 Days Notice to Adopt Special Assessment

Posted on January 30, 2012 by admin

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 →

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Associations Now Becoming Landlords in Chicago

Posted on January 30, 2012 by admin

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 →

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Understanding your Good Faith Estimate (GFE)

Posted on January 23, 2012 by admin

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 →

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What Information Should and Should not be put in meeting minutes?

Posted on June 19, 2011 by admin

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 →

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Associations

Posted on June 19, 2011 by admin

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 →

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