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3 Top Home Renovations To Increase Property Value

Written by: - August 4, 2015

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Homeowners are usually overwhelmed with the many projects needed to make their properties stand out from the neighborhood competition and to appeal to prospective buyers. Whether you’re putting work into minor projects or more extensive renovations, how can you really be sure that your improvements are worth the invested money, time, and effort? To start, you can stick with updating […]

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5 Big Impact Tips For Your Small Kitchen

Written by: - August 3, 2015

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While the kitchen is arguably the most important room in the home, most owners living in small spaces can’t usually justify a large-scale project for the kitchen of their dreams. Instead of dealing with the stress of a major renovation, there are many alternative ways to create meaningful design to enhance the space. These five […]

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Negotiating – A Lost Art

Written by: - July 16, 2010

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Negotiating – A Lost Art

Today’s chaotic market presents pricing, communication, marketing and mortgage challenges that vary with each transaction, each listing, and each buyer. However, one often overlooked component common to every transaction is the lost art of negotiating. I call it a “lost art” because many sellers focus solely on marketing and advertising when choosing an agent, and […]

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Home Valuation – Who, What, and How

Written by: - June 29, 2010

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Home Valuation – Who, What, and How

I recently spoke with a long-time client who is considering refinancing their home to take advantage of today’s low interest rates. The client had called her mortgage banker to start the process. Her northwest Chicago home was purchased in May of 2004 for $590,000, not quite at the peak of the market, and several years […]

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Fannie Mae Lights a Fire Under Short Sales

Written by: - June 7, 2010

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Fannie Mae Lights a Fire Under Short Sales

Fannie Mae has made an announcement regarding all loans held in their portfolio. The program is set to take place August 1st, 2010. It is called the Fannie Mae’s Home Affordable Foreclosure Alternatives Program or HAFA for short. HAFA is part of HAMP or Home Affordable Modification Program and provides financial incentives to servicers and […]

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Discount Brokers: Do You Get What You Pay For?

Written by: - May 28, 2010

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Discount Brokers: Do You Get What You Pay For?

Discount Brokers:  Do you get what you pay for? The answer, as with many things in life is, it depends. It is very easy for an agent at a full-priced broker to use the phrase, “You get what you pay for,” when attempting to downplay the credibility of a brokerage that offers rebates to buyers […]

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Short Sale and Foreclosure Multi-Offer Strategy

Written by: - April 19, 2010

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Short Sale and Foreclosure Multi-Offer Strategy

For the greater good of those who frequent The Chicago 77, I’ve decided to open my playbook and share what I have learned through the numerous short sale and foreclosure (SS/F) experiences that I’ve had. Hopefully there are others out there with lessons that they are willing to share as well. In the end, what […]

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Can Banks Cut Your Commission on a Short Sale?

Written by: - April 13, 2010

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Can Banks Cut Your Commission on a Short Sale?

Given that this is by many accounts “The Year of The Short Sale,” I plan to share my experiences with my peers and the public to shed some light on what Realtors go through when working with this type of transaction. As a listing agent I recently had a short sale accepted by the bank […]

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Are Short Sales the “Deal of the Century?”

Written by: - April 8, 2010

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Are Short Sales the “Deal of the Century?”

Many people interested in purchasing in today’s real estate market are looking to cash on the “Deal of the Century.” Who can blame them when the national media is stating the property values have declined by 10% from last year to this year and still declining? Not only that, there is a record number of […]

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Another Hurdle for Appraisers

Written by: - March 29, 2010

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Another Hurdle for Appraisers

Starting April 5th, 2010 the government is going to start the Home Affordalbe Foreclosure Alternative program, or HAFA for short. HAFA was created in 2009 with a goal of working with home owners to make their mortgage payments more affordable to avoid home foreclosures. Highlights of the Home Affordable Foreclosure Alternative Program Include: Not allowing […]

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Pricing A Listing With No Comps

Written by: - March 22, 2010

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Pricing A Listing With No Comps

I recently came across a client that I met through social networking. She told me about a property that she has that was on the market a few times over the past few years at $500k but never sold. I checked it out on the MLS and found that, in addition to a few basic […]

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A Chicago Public School Employee Grant!

Written by: - March 15, 2010

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A Chicago Public School Employee Grant!

If you are a Chicago Public School Employee and You?re ready to acquire a home of your own, luckily, there?s a first time home buyer program perfectly suited for Chicago Public School’s employees that provides enviable incentives and a desirable APR (Annual Percentage Rate). When you?ve got your eyes on the prize of home ownership, […]

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The Secret to Getting Your Home Sold

Written by: - March 9, 2010

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The Secret to Getting Your Home Sold

The single most important factor when selling a home is the list price. Before Nancy, my business partner, and I even talk about all the ways we can drive traffic to our listings, we talk about market value and where a home should be priced in relation to its competition. Why do we do that? […]

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