Selecting a Neighborhood Location preferences are driven by what is most important to you. However, you must qualify that by what you can afford. Firstly, you need to decide what type of property you’re most interested in (i.e. single family house, townhouse, condominium, 2-4 flat, etc). Then, given your price range the...

Chicago’s Logan Square Neighborhood Located on the NW side of Chicago Logan Square has become a location in convenient proximity to Downtown Chicago. It is only 6 “L” stops from Chicago’s Loop and reflects an artsy multi-ethnic diversity. The central commercial/business district runs along Milwaukee Avenue which is the longest...

Record Low Interest Rates + Lower Home Prices = ? The current mortgage environment is seeing interest rates at the 4.5% for 30-year fixed mortgages. This has been the lowest rate for more than 40 years! Home ownership has never been better since depreciated values and record-low interest rates make the cost of owning a home the same or less than...

How Much Money Do I Need to Buy? Obviously, there is a down payment required to start with. With a FHA loan the down payment is 3.5% of the purchase price. In addition there are closing costs. In today’s real estate market it is not unusual for the buyer to ask the seller to pay the buyer’s closing costs which would be included in the...