Archive for Homebuying Tips

How to Know When You’re Ready to Buy a Home

If you are still renting, you’ve likely gotten some pressure from those around you to buy a home. But homeownership is a major commitment that requires extensive research, knowledge, thorough preparation and careful consideration. Buying a home in Chicago is a great investment, but how do you know if you’re ready to buy? Would you [Read More]

May 08, 2014 | Author: Mitch Levinson | Comments: (0) | Categories: Chicago Real Estate News, Education, Homebuying Tips, Single Family Homes

Know What to Bring to Your Lender When Seeking a Mortgage

With spring in full swing, there are more and more homes coming onto the market, and now is the perfect time to get the ball rolling on your mortgage application process. Getting a head start on this financial check-up can help you shape the way you conduct your home hunt, can save you time and [Read More]

April 29, 2014 | Author: Mitch Levinson | Comments: (0) | Categories: Chicago Real Estate News, Education, Featured, Homebuying Tips, Mortgages

Why Your Credit Score May Have Dropped

If you’re starting your search for your Chicago real estate purchase, you probably have either pulled a copy of your credit report yourself or have had your score pulled by your lender in the mortgage application process. If you were disappointed to learn that your score has fallen and are curious as to why, the [Read More]

April 27, 2014 | Author: Mitch Levinson | Comments: (0) | Categories: Economy, Education, Featured, Homebuying Tips

Don’t Go it Alone Out There in your Real Estate Search

Tempted as you may be to go it alone in your housing hunt, there are plenty of professionals out there to help – and there’s a reason these people are the authority when it comes to housing. Of course, each professional has his or her own respective areas of specific expertise within their profession, so [Read More]

April 20, 2014 | Author: Mitch Levinson | Comments: (0) | Categories: Chicago Real Estate News, Education, Homebuying Tips

Are You Destroying Your Finances?

If you are looking to buy a home in Chicago this spring or summer, you know that your finances need to be in the best shape possible. However, it can be really difficult to not give into the temptation to overspend. With the influx of advertisements all around you, pressure from others/the desire to keep [Read More]

April 18, 2014 | Author: Mitch Levinson | Comments: (0) | Categories: Chicago Real Estate News, Economy, Education, Featured, Homebuying Tips, Mortgages

Happy Fair Housing Month!

April is Fair Housing Month in the U.S., and Illinois REALTORS® are celebrating the 1968 landmark Fair Housing Act. This 46th anniversary of the act marks nearly a half century of protected equal housing services to all, and The Illinois Association of REALTORS® (IAR) is in full support and advocacy of the practice of equal [Read More]

April 13, 2014 | Author: Mitch Levinson | Comments: (0) | Categories: Economy, Education, Featured, Homebuying Tips

New FHA Program Puts Ex-Home Owners Back on Market Sooner

There’s exciting news for Chicago homeowners who lost their homes during the economic recession and have been building their finances back up again. The FHA’s new Back to Work Program is allowing buyers who would normally have had to wait 36 months or longer to secure a government loan to qualify for financial assistance in [Read More]

April 13, 2014 | Author: Mitch Levinson | Comments: (0) | Categories: Chicago Real Estate News, Economy, Education, Featured, Homebuying Tips, Mortgages