South Side Chicago Realtor

Mortgage Challenges For Self-Employed Home Buyers

Kurt Clements Real Estate Leave a Comment

by Kurt Clements Self-employed business ownership is alive and well in the South Side of Chicago.  This makes real estate purchases difficult for self-employed borrowers and frustrating for a south side Realtor like me.  It’s no secret that mortgage lending institutions look favorably on steady paychecks and positive debt-to-income ratios. That can leave many self-employed prospective home buyers feeling anxious about …

5 Creative Ways To Buy A Foreclosure

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by Kurt Clements Buying a foreclosed home in Chicago, especially the south side, is easy, right? After all, they sell for pennies on the dollar, right? Well, that could be a false assumption. Buying a foreclosed property appears easy on TV, but in reality, it can be overwhelming. Foreclosure sales continue to decline in the market from 38.6 percent in 2011 …

Foreclosure Rates Expected To Dip Below 12-Year Low

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by Kurt Clements The record-setting pace of the U.S. economy continues to positively impact the housing market and home foreclosures now stand at an astonishing 12-year low. As a Realtor in the South Side of Chicago the market continues to impress me too. Coming off a GDP growth rate of 4.1 percent and a historic bull stock market run, everyday Americans …