Deer Park & Barrington IL Real Estate

The Squires Subdivision in Deer Park/Lake Zurich Illinois

The market statistics for home sales in Lake Zurich IL for the month of January 2010. 

The current inventory of homes for sale in Lake Zurich Illinois Zip Code 60047 is up vs last month and sales this month over last month down for single family homes and the same for attached single family homes.  Our average LP of sold homes is up for single family homes and the same for attached single family homes.  Average Sale Price of homes sold is up for single family homes and same for attached single family homes, our LP/SP ratio is the down for single family homes and the same for attached single family homes in Lake Zurich.  The average market time for homes sold in Lake Zurich IL 60047 zip code has gone down for single family homes in Lake Zurich and the same for attached single family homes in Lake Zurich in the last month over December 09 market times.

The homes that are selling in Lake Zurich area are lower in price this year over last for single family detached homes plus attached homes. 

 If you would like clarification of these figures or if you want to take advantage of this once in our lifetime market great for first time home buyers, investors or anyone moving up, look at our website www.homesbyjulieanne.com and search for homes available in the Barrington, Deer Park, Lake Zurich, Palatine  and surrounding areas.  We also list many foreclosure, REO and Short Sale listings.  Or contact us and we will help you find the best home for the money or sell your home in the Barrington, Deer Park, Lake Zurich, Palatine and surrounding areas at the highest price possible in this market

Deer Park Place Subdivision in Deer Park, Illinois

The market statistics for home sales in Barrington IL and Deer Park IL zip code 60010 for the month of December 2009. 

The current inventory of homes for sale in Barrington, Deer Park Illinois Zip Code 60010 is down vs last month and sales this month over last month down slightly  for single family & up for attached family homes.  Our average LP of sold homes is up for single family homes and up for attached single family homes December vs November.  Average Sale Price of homes sold is up this month vs last for single family homes and up for attached single family homes, our LP/SP ratio is the up for single family detached homes and up for attached single family homes.  The average market time for homes sold in the Barrington, Deer Park 60010 zip code has gone up for single family homes in Barrington and Deer Park and up for attached single family homes in the last month over November market times for homes sold.

If you would like clarification of these figures or if you want to take advantage of this once in our lifetime market great for first time home buyers, investors or anyone moving up, look at our website http://www.homesbyjulieanne.com/ and search for homes available in the Barrington, Deer Park, Lake Zurich, Palatine  and surrounding areas.  Or contact us and we will help you find the best home for the money or sell your home in the Barrington, Deer Park and surrounding areas at the highest price possible in this market.

New Short Sale Listing - Great looking!

The Obama administration outlined these guidelines on December 1st to hopefully roll out in the next few months for Short Sales.  Typically a Short Sale (when the lender accepts less than what the balance is on a mortgage as paid in full) takes a long time (months) to accept from the lender and is very labor intensive as far as guidelines and paperwork from each individual lender.  Sometimes the offer is not accepted and all the work is for nothing.  The new guidelines will help the process tremendously in my opinion and many others.

New guidelines:

Sellers that successfully sell their homes through a Short Sale are awarded $1500 to help pay for relocation costs.

Up to $1000 per case awarded to the lenders if they successfully close

Up to $1000 for investors per closing

Up to $3000 for 2nd lien holders per closing

Realtor commissions will not be negotiable (banks cannot cut in order to accept the deal)

Many bigger banks are implementing changes to get in line with the guidelines.  My real estate team and I have already experienced some of the bigger banks changing their systems to smooth out and shorten the process of the Short Sales.  This will allow us to do more Short Sales and less foreclosures.  Now all we have to do is educate the general public on what a Short Sale is and how it can benefit them over a foreclosure. 

If you are looking at your options and want to know what this all means, contact me and I will help you in whatever way I can.

Frozen Pond near Lake Zurich Illinois

The market statistics for home sales in Lake Zurich IL for the month of November 2009. 

The current inventory of homes for sale in Lake Zurich Illinois Zip Code 60047 is down vs last month and sales this month over last month down for single family homes and the same for attached single family homes.  Our average LP of sold homes is down for single family homes and for attached single family homes.  Average Sale Price of homes sold is down for single family homes and down for attached single family homes, our LP/SP ratio is the up for single family homes and up for attached single family homes in Lake Zurich.  The average market time for homes sold in Lake Zurich IL 60047 zip code has gone down for single family homes in Lake Zurich and up for attached single family homes in Lake Zurich in the last month over October 09 market times.

The homes that are selling in Lake Zurich area are lower in price this year over last for single family detached homes plus attached homes. 

 If you would like clarification of these figures or if you want to take advantage of this once in our lifetime market great for first time home buyers, investors or anyone moving up, look at our website www.homesbyjulieanne.com and search for homes available in the Barrington, Deer Park, Lake Zurich, Palatine  and surrounding areas.  We also list many foreclosure, REO and Short Sale listings.  Or contact us and we will help you find the best home for the money or sell your home in the Barrington, Deer Park, Lake Zurich, Palatine and surrounding areas at the highest price possible in this market

Deer Park Place Subdivision in Deer Park, Illinois

The market statistics for home sales in Barrington IL and Deer Park IL zip code 60010 for the month of November 2009. 

The current inventory of homes for sale in Barrington, Deer Park Illinois Zip Code 60010 is up vs last month and sales this month over last month up slightly  for single family & for attached family homes.  Our average LP of sold homes is down for single family homes and down for attached single family homes November vs October.  Average Sale Price of homes sold is down this month vs last for single family homes and down for attached single family homes, our LP/SP ratio is the up for single family detached homes and down for attached single family homes.  The average market time for homes sold in the Barrington, Deer Park 60010 zip code has gone down for single family homes in Barrington and Deer Park and down for attached single family homes in the last month over October market times for homes sold.

If you would like clarification of these figures or if you want to take advantage of this once in our lifetime market great for first time home buyers, investors or anyone moving up, look at our website http://www.homesbyjulieanne.com/ and search for homes available in the Barrington, Deer Park, Lake Zurich, Palatine  and surrounding areas.  Or contact us and we will help you find the best home for the money or sell your home in the Barrington, Deer Park and surrounding areas at the highest price possible in this market.

Fox River in Mchenry.

The market statistics for home sales in Palatine IL for the month of November 2009. 

The current inventory of homes for sale in Palatine Illinois Zip Code 60067 is up vs last month and sales this month over last month up for single family homes and down for attached single family homes.  Our average LP of sold homes is down for single family homes and up for attached single family homes.  Average Sale Price of homes sold is down for single family homes and up for attached single family homes, and our LP/SP ratio is even for single family homes and down for attached homes.  The average market time for homes sold in Palatine IL 60067 zip code has gone down for single family homes in Palatine and up for attached single family homes in Palatine in the last month over October 09 market times.

The homes that are selling in Palatine  area are lower in price this year over last for single family detached homes and attached homes. 

If you would like clarification of these figures or if you want to take advantage of this once in our lifetime market great for first time home buyers, investors or anyone moving up, look at our website http://www.homesbyjulieanne.com/ and search for homes available in the Barrington, Deer Park, Lake Zurich, Palatine  and surrounding areas.  We also list many foreclosure, REO and Short Sale listings.  Or contact us and we will help you find the best home for the money or sell your home in the Barrington, Deer Park, Lake Zurich, Palatine and surrounding areas at the highest price possible in this market.

Posted By:  Julie Anne - The Julie Anne Real Estate Team at Keller Williams Success Realty

Northern Illinois Real Estate Agent - Barrington - Deer Park Real Estate Expert and surrounding areas

847-620-5815   julie@homesbyjulieanne.com

What is my homes value?              Homes for sale in Northern Illinois, Barrington Homes for Sale - Deer Park Homes for Sale

CDPE Certified for Short Sales and REO

New Short Sale Listing in East Dundee Illinois - Shows Great with so many Upgrades

Are you thinking about how to get out from under your mortgage?  You have more month than money?  So many people are in the position of letting the bank foreclose on their home and don’t know about doing a short sale.  A short sale may be a better choice for you. 

Real Estate Agents today are either leaving the business, learning how to work with this market through education or just winging it at the expense of clients that don’t know the difference.  Not all Real Estate Agents should do short sales, the best thing for an agent that doesn’t know how is to refer it out to someone that does know how.  I just received another assignment for a foreclosure listing that was listed as a short sale for 6 months - overpriced and no price change for the 6 months.  Big red flags that the agent was not trained, maybe it could have been sold short if it was handled properly.  Training is available through many sources, one of them being the CDPE and another great program is through Harris University, both of which I am involved in now and have been for a couple years. 

If you are looking for some information on what to do in your situation, look for experience in Short Sales in a Real Estate Agent.  Not just one listing. And ask were they trained?  The market is changing weekly/Daily and so are processes and the way we need to work with the banks with Short Sales.  In my opinion and much of what I am hearing is the Short Sales will be getting easier to get through, but there will definitely be a process we must follow for that to happen.

 If you would like more information on Short Sales or the process, contact me and we can have a confidential consultation and I can help you whatever way I can.  You don’t have to live in Northern Illinois for me to help, I have many resources.

Posted By:  Julie Anne - The Julie Anne Real Estate Team at Keller Williams Success Realty

Northern Illinois Real Estate Agent - Barrington - Deer Park Real Estate Expert and surrounding areas

847-620-5815   julie@homesbyjulieanne.com

What is my homes value?              Homes for sale in Northern Illinois, Barrington Homes for Sale - Deer Park Homes for Sale

CDPE Certified for Short Sales and REO

Now that the Holiday Season is upon us, many home sellers are waiting until the holidays are over to list their home.  Some home buyers are also waiting. 

What we are finding is that if you list your home for sale now during the holiday season, we have less showings but the home showings we get are serious buyers.  Let’s face it, it is probably the best time in our lifetime to buy real estate and many home buyers are realizing that.  Prices are low, interest rates are low, FHA loans are available with a minimum down payment and let’s not forget about the credits for first time home buyers and repeat buyers until spring of 2010.  This is bringing home buyers and investors out even during the busy holiday season.

The competition is also lower now vs the spring time when a majority of home sellers list their homes for sale, so you can really stand out and shine.

If you are facing a challenging time (facing a possible foreclosure or shortsale) and are procrastinating in calling a Realtor for a consultation due to the holidays.  Wouldn’t it be nice to go into the holidays and know what your options are?  My real estate team meets with people all the time and helps them see thier options and timing.  Sometimes there are options that don’t require you to sell your home.  Information is free from us.

Have a Happy Holiday Season! 

Posted By:  Julie Anne - The Julie Anne Real Estate Team at Keller Williams Success Realty

Northern Illinois Real Estate Agent - Barrington - Deer Park Real Estate Expert and surrounding areas

847-620-5815   julie@homesbyjulieanne.com

What is my homes value?              Homes for sale in Northern Illinois, Barrington Homes for Sale - Deer Park Homes for Sale

CDPE Certified for Short Sales and REO