A condominium is another real estate option other than a traditional stand-alone home. Usually condos are purchased with mortgage, but in difficult markets or selling situations they may be rented as apartments. Learn more here about condominium housing.
Security At Chicago’s Trophy Buildings
Residents and tenants of Chicago's 10 trophy buildings wondered if they'd made the mistake of their lives by living among the clouds. But as the dust settled, Chicago moved ahead and created new security for Chicago's skyscrapers.
Buying Or Selling A Home
If you're buying or selling a home, you probably have a lot of questions. As long as interest rates stay low, buyers and sellers will continue to be busy. Here are a few questions answered about buying and selling homes.
Executives Take Advantage Of Corporate-Owned Homes
The Wall Street Journal reported on multi-million dollar residences corporations are buying for the use of the CEO. How much does is cost to purchase and maintain these homes. How much are the executives paying to live there? How is this getting reported to the IRS? Ilyce's assessment may surprise you.
Update Your Homeowner’s Policy Now Or Pay Later
The only thing worse than watching your house and its contents go up in smoke would be not having enough homeowner's insurance to cover the cost of repairing or replacing the damage. Many homeowners fail to upgrade their homeowner's insurance policies as they upgrade their home or contents. If you haven't kept your homeowners insurance policy up to date, you could see a much larger increase if you decide to bring your coverage up to speed, experts say.
How Much Is Your House Worth Anyway?
Over the past five years, housing price valuations have skyrocketed. Is it the amount the bank's appraiser says it's worth? Or, is it the amount on which the tax assessor bases your every-rising real estate property taxes? Or, is it the amount that someone is willing to pay for your home?
Refinancing Condomimium Soon After Purchase
A new condominium owner wonders if it is too soon to refinance. Ilyce states that it is never too soon to refinance, after purchase. The important thing is to figure out how much the refinance is going to cost you out of pocket and how long it will take you to recoup those expenses.
Making Your Showings Count
Home buyers need to make the most of every showing to find the perfect home they want to make an offer on. The most important thing a home buyer can do during a showing is be objective. Here are some other steps for home buyers to pocket for their next showing.
Tips For Moving
More than one in five Americans will move this year. Preparation and research will help your moving process go much smoother. Get a binding estimate from movers ahead of time and move during off-peak times to save money.