May 7th, 2010 by admin
The Fed Checks Out
Both March and April of this year saw the ending of two important stimulus programs that were designed to benefit the housing market. In March, the Federal Reserve ended its program for purchasing Mortgage Backed Securities, which helped keep home loan rates low. April brought the end to the tax credit for home buyers. The tax credit was up to $8,000 for qualifying first time buyers and up to $6,500 for qualifying repeat purchasers.
Just because these programs have ended doesn’t mean that home buyers can’t seek credits from the seller to accomplish something similar. Successful investors will tell you that money is made when you buy something right with favorable terms, not just when it is sold.
Posted in Burr Ridge, Buying Real Estate, Condos for Rent, Condos for Sale, Financial News, First-Time Homebuyers, Listings, Loans, Real Estate, Real Estate News, Renting Real Estate, Selling Real Estate, Spring Market, Tax Credits, Tips For Home Buyers, Tips for Home Owners, Uncategorized, Western Springs, appraisals, average price, hinsdale, new construction, new homes, oak brook, patriotic, patriotism, professionalism, realtors, schools, social networking, stimulus, success, top of the line, transportation, twitter, upper bracket, vintage, western suburbs, zillow | No Comments »
April 19th, 2010 by admin
The attached information from The Chicago Tribune simply states some of the advantages of the Dupage County Community of Oak Brook….Wonderful shopping, great schools, beautiful land, great access to highways, good taxes, and culture.
Hidden Oak Brook
Bustling DuPage community is open for living as well as business
Oak Brook is a collection of subdivisions, each with its set of distinct characteristics. The Trinity Lakes subdivision is one of the neighborhoods that feeds into Brook Forest Elementary School. (Candice C. Cusic/Tribune)
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