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Showing Your Home Quick Reference Guide

Short notice is possibleIf someone knocks at the door who does not have an appointment, ask them to call my office to set up an appointmentOpen the drapes and blindsTurn on lightsPut all animals outsideDo not speak to potential purchasersCool in summer/warm in the winterStay out of the way stay in one room or outside [caption id="attachment_5860" align="aligncenter" width="555"] How Showing Tips[/caption]  

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Home Value vs CMA vs Appraisal

  Home Value Where to get home valuation? Online on real estate websites. IE. propertyup.com/home-value What is home valuation is good for? General knowledge of home values only. Is home valuation good as a listing price? No. Valuation is very generic and doesn’t take into account home's individual features or condition. Is home valuation good for property tax reduction? No, generally it is not accepted. Comparative Market Analysis (CMA) Where…

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Full-Time Agent or Part-Time Agent

Want to sell your home? Get a FREE home value report. Want to buy a home? Search all homes for sale.   Check our Home Sold Guarantee. [caption id="attachment_5855" align="aligncenter" width="300"] How to select an real estate agent? Part time vs Full Time[/caption] There are many choices to be made when choosing a Realtor to help with a sale or purchase of a home, and one of the things to be considered is the…

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How the New Tax Act Affects Home Owners and Real Estate Investors

Want to sell your home? Get a FREE home value report.   Want to buy a home? Search all homes for sale. How new tax law 2018 affect real estate?  The new tax laws will affect many people personally, in business and in regard to some deductions concerning real estate. Formerly all taxes, whether paid on real estate, personal property income or sale tax were deductible. Effective January 2018 there is a cap of $10000…

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THE BARRINGTON REAL ESTATE MARKET OVERVIEW – MARCH 2017

THE BARRINGTON REAL ESTATE MARKET OVERVIEW - MARCH 2017     The PropertyUP team has analyzed the March 2017 statistics for the Barrington real estate market and has determined that there is a balanced market, leaning just slightly with a benefit towards favoring buyers.   This means that properties are selling at about market value, perhaps just a bit under.  This is supported by the fact that in March there…

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Contacting the Credit Bureau Companies

According to the Fair and Accurate Credit Transaction Act (FACT), you are entitle to receive a free copy of your credit report one time every year from each of the different credit bureau companies. This helps you ensure that the information listed on  your credit report is accurate, and gives you the opportunity to correct any inaccuracies that are included in the report. In order to obtain your free credit…

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Credit Report: Questions and Answers

Why are credit reports important? Whether you realize it or not, credit reports play an important role in your everyday life. They help customers purchase goods at the store, borrow money, buy cars, pay for college education, and purchase a home, as well as, assist in many other financial matters. Credit reports help with all of these financial transactions by providing vital information so retail stores can cash customer’s checks,…

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Determining Market Value

Many people believe that a home value is determine through a comprehensive appraisal before a home is listed on the market. However, the reality is that an appraisal report is not typically used is the process of determining the asking price for a home on the market. Actually, an appraisal is not usually done until the buyer is required to have one done by their lending agent. The listing price…

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Where are you Flipping? – Hot Chicago suburbs where rehabers are active.

Home flipping is growing at a rate comparable to 2006, and some real estate pros are warning buyers to be cautious and do their homework before purchasing a property they plan to flip. The report shows that 193,009 single-family and condos were flipped in 2016, up 3.1 percent from 2015 and the highest level since 2006. ATTOM Data Solutions defines a flip as a home that was sold twice within…

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