Chicago Real Estate

Should You Relocate A House To Improve Its Value?

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by Kurt Clements What can be done with a house that is just perfect but it is in a bad neighborhood or a dangerous spot? Think about homes that are in decent condition; yet, too close to the water. America is experiencing flooding now that is not supposed to happen in 500 years.  Just this past weekend Chicago experienced flooding areas …

South Side Chicago Realtor

Tips On Making Friends In Your New Neighborhood

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by Kurt Clements It’s often harder to make friends as an adult than it is when you’re a child. It’s even more challenging to make adult friends when you move into your new Chicago neighborhood. You may feel like people already have their own group of friends and aren’t looking to include newcomers. Of course, that’s just an illusion. Here are …

Chicago Real Estate

How To Find Hot Real Estate Markets

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by Kurt Clements A hot market in Chicago’s real estate is identified by a few things, which include higher prices, lower amounts of unsold inventory, and desirable neighborhoods. Neighborhoods can increase in value because of having an excellent location, high-paying jobs, quality schools, and a variety of attractive amenities. Hot Markets Are After The Fact Properties in a hot market may …

Chicago Real Estate

How To Maximize The Resale Value Of Your Home

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by Kurt Clements In Chicago Maximizing your Home’s Value is exactly what Insider Show Homes is all about. There are a few things to consider, when selling a home, that will help you maximize your potential for a better sales price. Seasoned real estate professionals are one of your best resources for these tips. The Buyer’s First Impression Is Emotional The …

Chicago Real Estate

Fed Lowers Key Interest Rate For First Time Since Great Recession

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by Kurt Clements The Federal Open Market Committee of the Federal Reserve announced the first rate cut to its key interest rate range since the Great Recession ushered in a series of rate cuts described as “quantitative easing.” The Fed committee confirmed a quarter-point cut to 2.00 to 2.25 percent. Fed Chair Jerome Powell described the rate cut as a “mid-cycle …

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 …

South Side Chicago Real Estate

What’s The Value Of Water?

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by Kurt Clements When investing in Chicago real estate, few people think about water as a high priority. All of us have become used to water being readily available and rarely give it a second thought. Most would think that water is only a consideration for farmers who need it to irrigate agriculture. However, due to climate change and population growth, …

chicago real estate

The Monopoly Technique – How To Build Value By Acquiring Adjacent Properties

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by Kurt Clements Have you ever played the classic board game called Monopoly? The object of the game is to collect all the properties until one winner bankrupts all the other players. The other part of the game is that accumulating properties adjacent to each other increases the value of the individual properties. When a player acquires all the properties of the …