Real Estate

Second home, investment property, vacation home, rental property.....Is there any real difference among them? There are actually some very big differences between second homes and investment properties, especially if you are obtaining financing for one. Second Home A second home is just that: a second property where you and your family spend time, away from…

A buyer's market is when there are more properties for sale than prospective buyers, and sellers are more willing to go with a low bid. However, that doesn't mean you can't buy a new home in a seller's market, when there are more buyers than homes, and sellers can afford to hold out for higher…

Today’s market has high buyer interest and low inventory. With so many buyers competing for a limited number of homes, it’s more important than ever to know how to submit a confident and competitive offer. Here are a few tips for this important stage in the homebuying process. Trust Your Real Estate Agent Making an…

With today’s low mortgage rates, there’s great opportunity for current Illinois renters to make a move into homeownership that stretches each dollar a little bit further. While the best timeline to buy a home is different for everyone, the question remains: Should I continue renting or is it time for me to buy? The answer…

With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can put your best foot forward – quickly and efficiently – if you’re planning to buy…

Finding the perfect Illinois home to purchase is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction in your search process. It’s a great question to ask, and one to look at…

How long have you lived in your current Illinois home? If it’s been a while, you may be thinking about moving. According to a recent study by the National Association of Realtors (NAR), in 2019, homeowners were living in their homes for an average of 10 years. That’s a long time to be in one…