Chicago Real Estate

Important Tips To Help Kids Adjust To The Move

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by Kurt Clements Moving your family in Chicago takes a certain amount of adjustment. Kids of all ages may need a little help getting used to the new environment. Help kids adjust to the move by keeping the following in mind. Kids Are Resilient Don’t overly worry about how your kids will adjust to the move. Kids are resilient. They tend …

Chicago Realtor

Are Tiny Homes Here To Stay?

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by Kurt Clements The average size of an American home has been increasing since the 1970s. The American Enterprise Institute (AEI) reports that, in 1973, the median size for a new home in the United States was 1,660 square feet, still larger than the average bungalow in Chicago! Over the past 45 years or so, this increased by more than 1,000 …

South Side Chicago Real Estate

How To Buy A Bargain Home As A Short Sale

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by Kurt Clements Does it make sense to buy a short sale in Chicago right now? A short sale is when the mortgage lender(s) agrees to sell the property for a lower amount than the loan-balance remaining. During the worst moments of the 2006 to 2008 real estate crisis, homes sold as short sales for a fraction of their value. Lenders …

South Side Chicago Real Estate

Buying A Home In Foreclosure

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by Kurt Clements If we had a nickel for every time a client in Chicago told us they wanted to buy a foreclosure we would be well, you know where this is going. Foreclosure is a process that happens over many months. There are various opportunities to acquire real estate that is in a different stage of foreclosure, including before the …

Chicago Real Estate

Making Money Buying Homes And More From Estate Sales

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by Kurt Clements An estate sale is the sale of the property owned by a person after a person dies. This sale may include real property, such as a home, and personal property, such as the home’s contents. There are two ways to buy property through an estate sale. One way is to buy it from the person who inherited the …

Chicago Real Estate

Rent-To-Own Opportunities For Those With Bad Credit

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by Kurt Clements In Chicago rent to own transactions are still a possibility. For those who have less than a stellar credit history; yet, who still want to have their own home, a rent-to-own option is worth considering. A rent-to-own (RTO) agreement is a hybrid between buying a home and renting a home. Usually, RTO deals require a significant down payment …

Real Estate South Side Chicago

3 Pros And Cons Of Renting Or Owning A Home

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by Kurt Clements Home ownership is highly valued in our culture and in the South Side of Chicago it is no different. However, buying a home isn’t the best decision for everyone. Examine the differences between owning and renting your home to help you decide if now is the time to buy. Effect On Flexibility Renters enjoy more freedom than homeowners. …

South Side Chicago Real Estate

5 Key Tips To Prepare For A Quick Mortgage Approval

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by Kurt Clements I love working with my South Side Chicago buyers and giving them the news that they have a mortgage approval. Whether you’re finally prepared to get into the real estate market or you want to know how you can make a deal quick, there are a few necessary documents you’ll need to prove your reliability to a mortgage …

Case-Shiller: Home Price Growth Grinds to Lowest Rate in 2 Years

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by Kurt Clements Real estate in Chicago is not the only market in the world, go figure.  This article will examine real estate prices throughout the U S of A. Home prices rose by 0.40 percent in October according to Case-Shiller’s 20-City Home Price Index and were unchanged from September’s year-over-year reading of 5.50 percent growth. Slower growth in home prices …

9 Ways to Share the Spirit of the Season—Starting From Home

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By Kurt Clements The holiday season is upon us, and many of us have already begun to celebrate. From trimming trees to lighting candles, it’s the time of year to fill your homes (and hearts) with holiday joy. But there’s no need to stop at your front door. Let the spirit of the season radiate outward from your house into …