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

Inexpensive Curb Appeal Tips That Work

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by Kurt Clements No doubt you’ve been told that curb appeal will help sell your home, especially in the South Side of Chicago. But if money is short you’ll need to do some curb appeal on a budget tricks. Following are some inexpensive curb appeal tips that really work. Fresh Coat Of Paint A fresh coat of paint adds curb appeal …

South Side Chicago Real Estate

4 Ways A Little Paint Can Revitalize Your Home

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by Kurt Clements Fixing up your home to sell in the South Side of Chicago doesn’t have to be a budget-breaker. You can revitalize the look of your property with a little bit of paint in the right places. Here are some areas that will really stand out to prospective buyers. 1. Front Door The front door always makes the first …

South Side Chicago Real Estate

Down Payment Money Saving Mistakes

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by Kurt Clements Are you saving up money for a down payment on your new South Side Chicago home? Saving money to put down on a home is always a smart idea, but there are right ways and wrong ways to go about it. Understanding how to best save for a down payment will go a long way toward ensuring you’re …

South Side Chicago Real Estate

14 Remodeling Projects That Increase the Value of Your Home

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by Kurt Clements Your home in Chicago or the Chicago suburbs is likely your largest investment. Beyond repairs and regular maintenance to keep it clean, comfortable, and safe, there are a number of projects that can increase the resale value of your property. These renovations top the list of changes you can make that positively impact your home’s value. Kitchen With …

South Side Chicago Realtor

FOMC Meeting Minutes: Why Fed’s Rate Policy Reversed Course

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by Kurt Clements What does the latest federal funds rate mean to would be buyers and sellers in the South Side of Chicago? After raising the target range for the federal funds rate in 2018, the Fed’s Federal Open Market Committee did not raise the Central Bank’s key interest rate at its meeting of January 29 and 30. While Committee members …

South Side Realtor

Garage Organization Ideas For Your New Home

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by Kurt Clements Now that you have a beautiful new South Side Chicago home with a garage, the fun of organizing can begin. When your garage is well organized, everything is much easier. You can get home projects finished faster, get out the door quicker and better enjoy all your sporting activities. Here are some tips to organize your new garage. …

Hard Money, South Side Chicago

Is a Hard Money Loan the Right Strategy for You?

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by Kurt Clements When potential investors on the South Side of Chicago ask me about hard money loans I give them my opinion.  When used as a part of an effective real estate investment strategy, hard money loans are an excellent tool to quickly increase holdings without risking existing properties. However, these loans aren’t for everyone. What investors get the most …

Land Survey

3 Things You Should Know About Land Surveys

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by Kurt Clements In the south side of Chicago land surveys almost seem unnecessary, with the 25X125 lots and all.  Yet, that could be farther from the truth.  One thing to think about when purchasing a home or parcel of land is to have an updated land survey conducted. While property deeds generally include detailed information, many are outdated for a …

Storage

Pros And Cons: Older Homes Versus New Construction

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by Kurt Clements Opinions differ about whether home buyers are best served by purchasing an older home or new construction.  In Chicago we have some really old homes to debate. New homes enjoy that “new home” smell and the idea that you are the very first occupant can be very appealing. On the other hand, older homes resonate with nostalgia and …