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Showing posts from April, 2017

Financing a Chicagoland Home "Flip"

Financing a Chicagoland Home "Flip"

"Flipping" shows are increasingly popular on TV these days ...

"Flip or Flop", "Masters of Flip", "Flip this House" represent just a small sample of the shows currently on air featuring the buying, renovating and selling of homes within a short timeframe for investment and profit.

While entertaining to watch, the rise in popularity of these shows really showcases American's ongoing fascination with home and real estate.  It's also is an indicator of the return of a healthier U.S. housing market.  

It seems Americans are once again willing and more capable of facing the monetary risks involved in "flipping".  And real estate investors are seeing a higher likelihood of making good money.

Most of the shows shown above spotlight couples focused on "flipping" as a way to make a living.  It's their family business and it generates them income.

But "First Time Flippers" o…

"Need to Knows" When Buying New Lenox - Chicagoland New Construction

"Need to Knows" When Buying 
New Lenox - Chicagoland New Construction

With so many housing markets across the country experiencing a severe shortage of existing homes for sale ... in growing numbers, new construction homes are garnering serious consideration from home buyers ... 

There are a variety of factors at play explaining this growing interest in new construction.  The fore-mentioned supply shortage is just one.  Certainly, the condition, location, and features found within many of the existing homes found on the market are also contributing to their sale numbers falling short of expectations and hopes.  

The "new car smell" or prospect of being able to personalize and semi-customize a home is moving many prospective home buyers to consider new construction as an option too.  Who wouldn't consider this option an exciting one?

But if the purchase of a New Lenox- Chicagoland new construction home sounds enticing to you ...  there's a few "need to knows…