Frankfort, IL Real Estate News

By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
Gladys Knight once said in an interview, “Please don’t call me no Diva.”  Well at around 10:45a on Tuesday, December 15, 2015, at the Chinatown Cermak Chicago Metra Station, I had an encounter with one.  I was reroute to a Closing Downtown. I normally park in the area and walk Downtown, only this morning I was running out of time to be as close to on-time as possible. I had the only keys to the South-Chicago 2-Flat I sold on South Manistee Avenue, and knew the Buyer and/or their Attorney would be expecting me to deliver them to the Chicago Title office on South LaSalle Street in the heart of the Financial District where to the closing was taking place.  Upon arriving at the station I notice these two Metra-Train Female Employees having a conversation in the windowed office. I thought, a...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
 Thank you for your support. Happy Holidays.Everyone we serve is someone's family member, and together we served 679 in our emergency shelter, and placed 182 in transitional and permanent housing. Thank you for partnering with us to improve the lives of so many.Visit our website www.sspads.org Carletta's story As a result of difficult circumstances, Carletta became homeless. She lived in an emergency shelter for eight months and temporarily lost custody of her oldest daughter, Sania. "I have always been determined to do something with my life, said Carletta. As a parent, my children and I deserve better, and it's my job to fight for my girls and myself."   Carletta went to court to fight for custody of her daughter Sanai, "the judge ruled in my favor because I could prove that I had sta...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
According to the United States Census Bureau in 2013 there were 19.6 million veterans living in the U.S. VA Loans are the perfect mortgage program for buyers that are Veterans. A few Benefits of VA Mortgages No Down payment- Rather than paying 5, 10, or 20 percent or more with a VA loan your buyer can finance up to 100% of the purchase price. The VA loan is a true no-money-down. No Mortgage Insurance- Typically you are required to pay mortgage insurance if you make a down payment that’s less than 20% down. By not having to pay MI this makes VA mortgages more affordable and over time. Lower Closing Costs-The VA limits the closing costs lenders can charge to VA loan applicants. This is another way that a VA loan can be more affordable than other types of loans. Funding Fee Flexibility- VA...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
5 Things I’m Most Thankful for That Impact My Business On A Daily Basis …Social Media – I get the opportunity daily to share my experiences, and the learning lessons I’ve gained through serving my Valued-Clients which hopefully helps past, present, and future Clients gain positive relocating wisdom.Referrals – I am thankful for the best compliment I could ever be given, a referral.  They come from past Valued-Clients, from Colleagues, from Family, from Friends, from you who read my social media posts, from Attorneys, from Loan Officers, from Inspectors, the results of my efforts to serve with the best possible customer service practices.Support Team – it is vital to be affiliated with an office with systems in place to serve my Valued-Clients with excellence, and very courteous customer...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
The Hidden Costs of HomeownershipIf you've never owned your own property before, there are some costs you should prepare yourself for ahead of time. Should you take out a mortgage, you'll have your monthly mortgage payment, but often there are additional costs and fees added that a new homeowner will not expect. Listed below are items you should expect to pay once you become a homeowner. Property TaxesWhen you rent, you are not responsible for the property taxes on the property. But when you become a homeowner, you're expected to pay yearly property taxes, of which go to public works, wages for government workers or public school boards. Based on the current value of your home, property taxes are assessed every year and will likely change to reflect an increase (or decrease) in your hom...
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By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Frankfort Fall Festival & Parade  September 5 - 7, 2015       One of the Midwest's most enduring and long-running festivals is just around the corner ...     The Frankfort Fall Festival is slated to be held over the Labor Day holiday weekend, September 5th thru 7th, 2015 in the historic Village of Frankfort, IL.       This Fest, a perennial favorite for over 300,000 visitors each year, offers fest-goers a: Juried show of 300 Artisans (List of Artisans: HERE)  Free Entertainment on Breidert Green (Schedule: HERE) Beer and Entertainment Tent (Schedule: HERE) Carnival (Info/Prices: HERE) Food Vendors and Food Court Parade - 1:00 pm Sunday (Info/Route: HERE) Free Shuttle Service for Visitors (Shuttle Info: HERE) Handicap Parking Lot  ($10 Donation) Car Club Show (Sunday) Bike Corral (Downto...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
     I have a transaction going on now where the Sellers are losing their patients with their Buyer.  Why?  If you ever asked me, what is the hardest part of the work I do, it is helping Seller Clients to endure the process of selling a home. This may come across as harsh, but it is a reality.  I am going to speak of Real Estate as if it is a person.  Real Estate does not care about your goals, your ambitions, your timing, your frustration, your level of patience, nor your level of stress.  It is always going to do its own thing, and the best thing you can do to manage your stress is to stay flexible when surprises pop-up. In a recent conversation with a Seller Client, they said to me after I explained the unexpected twists and turns their Buyer is having to maneuver around to procure t...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
Barbecue and Fire Pit Safety for the Summer Throughout the United States, the summer months are those months where millions of Americans find themselves enjoying the outdoors or chilling in the backyard. With summer comes barbecues and evenings outside, sitting beside the fire pit. It's important to remember that barbecues and fire pits require a certain amount of safety when in use. To help you in your summer celebrations, keep these safety tips close by when using a barbecue or fire pit this summer.   Barbecue TipsGrilled food is a true treat, especially when you don't want to cook inside during the warm summer months. Grills should always be used outside, in a well ventilated area. To ensure safety, grills should be stationed away from the home, deck railings and away from any low ha...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
  My good Friend Loan Officer Vincent Redd was sharing with me how we as professionals serving Consumers Buying, Selling, and Financing the purchase of real estate strive to establish great lasting business relationships, and trust lasting a lifetime.  We Elect to not be content with average! We both agree it is most important we don’t allow ourselves to become complacent.  We ask our valued Clients lots of questions to insure we focus on what is most important to them, always determined to give extraordinary service. We Dedicate Ourselves to Being true professionals! Daily, we place ourselves in the Consumer’s shoes, putting our best foot forward being the resource for reliable goal accomplishing service.  We’re dedicated to helping our valued Clients achieve their relocating goals and...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
 Why watching “Celebrity Wife Swap” and Selling Homes are complimentary to each other? I really like watching the television show “Celebrity Wipe Swap” because the Realtor in me loves to see the Celebrity Owned Homes.  I enjoy a glimpse of how they live in their homes, the size of their home, the amenities they enjoy, and of course the lifestyle they experience in their wealthy communities. Watching the show keeps me reminded of why I love Selling Homes. No matter the budget all Buyers have a common wish to live in a home accommodating their needs, and experience a lifestyle in a community they look forward to returning to after a hard day commuting to and from and on their J O B.   When touring homes with Buyers, I like to treat them like Celebrities.  First, before touring I like to a...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
 Why posting photos of the home you’re purchasing before you close on Social Media is not good for your transaction? Buyers, in a transaction you can expect four negotiations.  The first negotiation takes place when you inform me you want to make an offer.  I immediately provide you with three reports about the neighborhood.  An Area Market Survey, A Market Statistics, and a Market Trends reports shows you what Relevant Homes have been listed for, have sold for, and the average negotiation range, to help you to make an informed offer the Seller will respect, when I include the research about their subdivision with the offer you make.  Including your Pre-Approval Letter when financing the purchase, or Proof-Of-Funds Letter when paying cash, helps me to make you irresistible to the Seller...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
 Sellers  Sellers  Sellers   Please  Please  Please  allow me to conduct the showing of your home.  Why?  Because I know my Buyer.  I know what turns them on about a home.  I know how to make them comfortable enough to start seeing themselves in the home.  You can’t do that when you’re in the Buyer’s face during the tour of your home. Yesterday, while showing homes in the Beverly neighborhood of Chicago, Illinois, and neighboring communities of Evergreen Park, and Oak Lawn, at one of the showings we were greeted by the Seller at the Front door.  Upon entering I ask the Seller to allow me to conduct the showing.  The Seller said well their Realtor is normally there for most showings, but was not available to be there to host the tour.  I said I understand and appreciate your hospitality,...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
The message my good friend Loan Officer Vincent Redd sent me reminded me to share the difference between a market evaluation and an appraisal. Appraisals can be done before procuring a Buyer to help a Seller to determine the value of  a home, but they won't be accepted by a Buyer's Lender if paid for by the Seller.  Realtors are well trained to provide market evaluations to Sellers as they are thinking about how to price their home to attract a motivated, willing, ready, and able Buyer.  Realtors present the most relevant homes primarily deal-pending, and sold within the last 6 months, very similar to the subject property, within a 1 square mile. The report includes all the details about each property, including what the Sellers asked and what the Buyers actually paid.  The most vital ...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
One of the downsides to being a thoroughly knowledgeable, well seasoned, and perceived as a very successful Realtor, is potential Clients who know me well will use my expertise to help them in their decision making process to move, and use me as a gauge to keep the Realtor they intend to work with in-check to insure they serve them with the highest professional standard possible.This can happen when in the Buying process Buyers fear I may discover more personal information than they prefer me to know.  I easily remedy this concern by in our initial conversation, I assure them I would prefer they get pre-approved with a Lender I know and trust, and the only thing I really need to know is the target price range fitting within their budget.  In reality, I get to serve numerous diversity of...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
Prepping Your Home for a Vacation Vacations are a time to relax and escape from regular life. When you're miles from home, the last thing you want to worry about is the safety of your home. If you plan on taking a vacation this summer (or any time this year), here are some simple tips on prepping your home for a vacation.  Stop Your Newspaper and MailOne sure sign of being absent from your home is a pile of newspapers in the driveway. Contact your newspaper delivery person and stop service while you're gone. If you don't have a locked mailbox, contact the post office and have them hold your mail. You can also ask a trusted neighbor to collect mail, newspapers and deliveries and have him/her hold them for you until you're back.    Park Your Car in the GarageThe last thing you want is to ...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
Common Pests and Your Home   The list of new responsibilities can seem overwhelming when you buy a home or become a first-time homeowner. One responsibility that tends to get overlooked until it becomes a larger issue is that of household pests. A household pest is "a destructive insect or other animal that attacks" your home. Pests range throughout the U.S., but the most common pests are those that have become almost commonplace in our lives. Here are some of the most common pests encountered by homeowners throughout the U.S., and what you can do to help prevent pests in your home.   Most common Spring and Summer Pests:       Termites: Termites are generally grouped by their nesting and feeding habits: subterranean, soil-dwelling, dry wood, damp wood and grass-feeding. They feed on dea...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
When I am working with Buyers in the Chicago and its South-land marketplace in Illinois, who desire to make offers on foreclosed Condominiums, I have to have the important conversation with them defining what "AS-IS" really means? Condominium Associations find themselves powerless to collect assessments from the previous owners who have walked away from ownership of the condominium, resulting in them pursuing collection of past due assessments from the New Buyer.  Doesn't this just sound unethical and unfair?  It absolutely frustrates me to have to prepare my Valued Buyers, they will need to in addition to the price they pay for the Condominium, budget for all or a significant portion of the past due unpaid assessments, inherited from the previous delinquent owner. What makes this propo...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
Staging Tips for Sellers   Spring has arrived, which means real estate season is upon us. When selling your home or property, attracting full price offers is always top priority, and a properly staged home can be your number one asset in drawing as many offers as possible. Here are staging tips to help you prepare your home for the market.       Enhance Your Entry It's the first thing buyers see, and most likely serves as the first impression of your house. Utilize the entry by updating the front door color, change out the door hardware (or clean and polish the current hardware). Make potential buyers welcome with a nice mat and some potted plants or flowers.       Clean Out Clutter The majority of us have too much stuff, and clutter is a huge killer for potential buyers. Be ruthless wh...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
Alternative Energy and Your Home   We all appreciate electricity -- each one of us uses it in some capacity every day. Heating and cooling our homes is one of our top priorities, not only for our comfort but also for our safety. In recent years more and more information about alternative and green energies has become available to consumers. Green or alternative energy is energy that is produced from renewable resources: wind, water, or sunlight. Here are some of the most-readily available options for alternative energy systems offered to home buyers right now:     Solar Power Solar power is "the power obtained by harnessing the energy of the sun's rays." This is done through solar panels and photo voltaic cells on the panels, which convert the sunlight into usable energy. Solar power is...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
  http://tour.illinoisproperty.com/tour/blaze/?tourId=1884030#.VK6NZZU5AqQ   “It was on the market so long because the House was waiting on me.” These, are words a Realtor loves to hear at the closing table from a Buyer.       I plan to attend every closing because it is an opportunity for me to give the ultimate in customer service.  It is a confirmation, I was there at the start, and saw you through all the way to the end.  I get learn so much about both Seller, Buyer, their Attorneys, and the Cooperating Agent.  One Attorney shared about his love of Boating, the other Attorney told us about the sports activities of his teenage sons, the Buyer informed us of his childhood fun discovering the Tunnels, Al Capone constructed throughout the Historic Chicago Chatam neighborhood, and the Bu...
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