South side Chicago Real Estate

The Importance Of “Rights” When Buying A Property

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by Kurt Clements When buying real estate in Chicago there are certain standard rights usually included, unless the property has an encumbrance that in some way causes an exclusion as noted in the sale.There are also additional rights that may or may not be in the sale, which may represent significant value. Standard Real Estate Ownership Rights The standard rights conveyed …

Chicago Real Estate

What Is A 1031 Tax Exchange?

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by Kurt Clements A 1031 tax exchange is a legal way to defer paying capital gains when selling a property and then buying a “like-kind” property within the allowed period. The time limits allowed are 45 calendar days after the close of the sale of the first property to identify the like-kind property for acquisition and then close the purchase transaction …

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 Real Estate

A $400,000 Profit From Flipping A Single House?

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by Kurt Clements Flipping homes is popular once again in Chicago, especially in the South Side of Chicago. It took about eight years after the Great Recession that started in 2006 for home prices to rebound to the levels seen before the recession. Then, by 2016, in many areas, home prices started to rapidly increase. The increases in home prices caused …

Chicago Real Estate

Four Key Injury Prevention Tips On Moving Day

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by Kurt Clements It’s more likely that someone will incur an injury on moving day than on an ordinary day. The reason is that people are moving in ways that they don’t normally move, loads can be heavy, and accidents do happen. However, most injuries on moving day can be prevented by taking a few simple precautions. Use A Dolly Instead …

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 …

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 …