Friday, February 8, 2013

YouTube video posted - via Circlepix.com

718 East North Street LOCKPORT, IL 60441

New listing video just posted:



Description: 3 bedroom Sprawling ranch, larger than it looks! On a very special piece of land 1.47 acres. Fenced rear yard. 3 car garage, large storage outbuilding, lots of parking. 3 Zoned heating areas with separate control. In Law potential features separate entrance, full bedroom, full bath and loft/storage area. Freshly painted and ready for new owner. Make this house your home!!




Home Information:

Beds: 3

Baths: 2.10

Sqft: 2280

Asking Price: $200000

MLS #: 08210527

YouTube video posted - via Circlepix.com

718 East North Street LOCKPORT, IL 60441

New listing video just posted:



Description: 3 bedroom Sprawling ranch, larger than it looks! On a very special piece of land 1.47 acres. Fenced rear yard. 3 car garage, large storage outbuilding, lots of parking. 3 Zoned heating areas with separate control. In Law potential features separate entrance, full bedroom, full bath and loft/storage area. Freshly painted and ready for new owner. Make this house your home!!




Home Information:

Beds: 3

Baths: 2.10

Sqft: 2280

Asking Price: $200000

MLS #: 08210527

YouTube video posted - via Circlepix.com

718 East North Street LOCKPORT, IL 60441

New listing video just posted:



Description: 3 bedroom Sprawling ranch, larger than it looks! On a very special piece of land 1.47 acres. Fenced rear yard. 3 car garage, large storage outbuilding, lots of parking. 3 Zoned heating areas with separate control. In Law potential features separate entrance, full bedroom, full bath and loft/storage area. Freshly painted and ready for new owner. Make this house your home!!




Home Information:

Beds: 3

Baths: 2.10

Sqft: 2280

Asking Price: $200000

MLS #: 08210527

Thursday, February 7, 2013

New listing posted to CirclePix.com

718 East North Street LOCKPORT, IL 60441

New listing just posted: http://circlepix.com/R4H3UT

Description: 3 bedroom Sprawling ranch, larger than it looks! On a very special piece of land 1.47 acres. Fenced rear yard. 3 car garage, large storage outbuilding, lots of parking. 3 Zoned heating areas with separate control. In Law potential features separate entrance, full bedroom, full bath and loft/storage area. Freshly painted and ready for new owner. Make this house your home!!




Home Information:

Beds: 3

Baths: 2.10

Sqft: 2280

Asking Price: $200000

MLS #: 08210527

Tuesday, February 5, 2013

New listing posted to CirclePix.com

814 North KOLIN Avenue Chicago-Humboldt Park, IL 60651

New listing just posted: http://circlepix.com/6SPD2Q

Description: Huge Price Drop! Much work started, waiting for finishing! NEW Doors Windows Siding Baths 3 bedrooms, 2 baths & full fin bsmt w/potential in-law or rental. HW flrs & updates thru-out. Glass doors to deck off kit, fenced yard & 2c. gar. Evidence of possible mold inLL, removal/remediation at buyers expense. Cash Only. Sold As-is. No Survey or Termite. Taxes prorated 100%




Home Information:

Beds: 3

Baths: 2.00

Sqft: 897

Asking Price: $69900

MLS #: 08162467

Monday, November 12, 2012

New Short Sale Guidelines are now in Effect

New Short Sale Guidelines Are Now in Effect

new short sale guidelines affect chicago real estateIt’s time to get out your “easy” button because it’s now easier than ever to be approved for a short sale property.

On November 1, Fannie Mae and Freddie Mac enforced a new guideline that would allow nine private mortgage companies to approve short sales and deeds without a separate review by the insurer.

The new guidelines will help minimize costs, delays and uncertainty as often times the additional review involves lengthy and expensive court proceedings.

If the new guidelines speed up the short sale process, it will encourage potential real estate in Chicago buyers to purchase more of these distressed properties, thus taking them off the market more quickly.

Another new guideline allows borrowers who can prove certain hardships to qualify for a short sale even if they are current on their mortgage payments. The specific hardships include: divorce, disability, the death of an owner and the need to relocate to a job more than 50 miles away.

Fannie Mae and Freddie Mac have also waived their right to go after borrowers for “deficiency,” which is the portion of the loan that has yet to be paid after a home sale. Under the new guidelines, a borrower will have to pay part of the remaining deficiency or sign a contract that promises they will pay some of the remaining amount.


Know anyone with a hardship and needs to sell their home?  We have an experienced short sale team that has closed hundreds of short sales throughout Chicagoland!   Call today!   630-977-0677 mcginnhomes@comcast.net

Underwater and need to short sale?  Call Jeff and Robin McGinn at 630-977-0677


Source:  http://www.chicagolandrealestateforum.com/2012/11/08/11-8-new-short-sale-guidelines-are-in-effect/