Author: jfromchicago

What is Market Value vs Assessed Value in Chicago

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When it’s time to sell your Chicago home, there can be some confusion when determining the value. If you REALLY want to know what it is worth, you can pay to have an appraisal done. An agent should be able to provide you with detailed CMA reports, letting you know what is going on in … Continued

What It REALLY Costs To Sell Your Home in Chicago

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Listing your home isn’t free. There are costs, chores and a lot of work that goes into getting your home ready for the market. Before you list your home, think about the time, energy and money that go into it. If you have a direct buyer, with a great offer, it is often preferred to … Continued

Costs of Listing With An Agent in Chicago

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When selling your Chicago home, don’t rush into signing with an agent until you run some numbers and learn about all of your options. There are many costs of listing with an agent, sometimes a direct sell is a more lucrative choice. Educate yourself on all scenarios before you sign a listing agreement that binds you … Continued

What are Closing Costs Exactly in Chicago?

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You’ve likely heard about closing costs, but do you know everything that they include? Check out our closing cost “FAQ” to learn more about what closing costs are all about. What Are Closing Costs Exactly in Chicago? Closing costs refer to all of the fees that must be paid at the closing table. Depending on … Continued

Foreclosure notice of default in Illinois– what is it?

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If you’ve gotten a foreclosure notice of default and want to know what the heck is going on, keep reading. Basically, a foreclosure notice of default is a document that has to be filed by a lender to start the process of foreclosure. The foreclosure notice of default must be sent to anyone who has … Continued

How to find good investment property in Chicago

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Lots of investors are looking to get started, and as active real estate experts in Chicago Illinois, we get asked to share our secrets quite a bit. Fortunately, we love to share 🙂 One of the biggest questions we get from local investors is ” How to find good investment property in Chicago Illinois?” With the flood … Continued

What is a Pre-Foreclosure in Chicago?

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With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in Chicago anyway? Many homeowners across America and Chicago are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will … Continued

Real estate investing Resources in Chicago

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So you wanna get started investing in Chicago and you’re checking things out, eh? Good for you. Always do your homework and you won’t get schooled. Here’s some great tools that we’ve found and we use from time to time and great real estate investing resources in Chicago for investors here locally to tap into … Continued

How to Avoid Foreclosure in Chicago

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While the housing market is rebounding, many people in Chicago] are still struggling to make their mortgage payments. If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose. Thankfully, there are a number of things that you can do … Continued

How to find foreclosures in Chicago Illinois

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There’s a lot of competition to find great deals on local Chicago Illinois foreclosure properties. Finding them is only one part of the process – you also need to know how to capture them. Here are a few secrets from the pros that we’ve used with great success on how to find great foreclosure deals in Chicago. … Continued

How to Sell a Fix and Flip House Fast in Chicago

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When you begin your journey flipping homes, there are some things you need to know, and other things you will want to avoid. We’ve put together some tips on how to sell a fix and flip house fast in Chicago.  Flipping a home in Chicago can be a great way to turn a profit, but … Continued