Articles filed under Real Estate

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  • Delayed closing results in lodging costs for buyers Mar 29, 2015 12:00 AM
    AQ. My husband and I recently signed contracts to sell our last home and purchase our current home. Both deals were scheduled to happen on the same day. Our movers were scheduled and everything was ready to go.

  • Make overnight guests fell at ease Mar 29, 2015 12:01 AM
    It is common to stress out about hosting overnight visitors, but those living in a confined space seem to worry most. While everyone hopes their small space will provide the appeal of a charming bed and breakfast, if the accommodations are a sleeper sofa, the reality is far from perfect.

  • New home’s ‘noises’ won’t be easy to silence Mar 29, 2015 1:00 AM
    Q. We live in a 16-month-old house. There are noises coming from pipes in two areas: the water heater — a few thumps happen each time water starts to flow; and the furnace — two pipes go from the furnace up through the ceiling, and there is a lot of creaking going on when the furnace is on, which is most of the winter here in the Chicago area.

  • Millennials shift to homeownership as rents soar Mar 29, 2015 7:38 AM
    Americans in their 20s and early 30s are getting a nudge toward homeownership a decade after sales peaked during the housing bubble. It’s not their nagging parents. It’s rents, which have risen so much that buying is making more sense.

  • The steep costs of living so far apart from each other Mar 29, 2015 7:35 AM
    In strictly economic terms, sprawl is inefficient. Spread people out, and it takes them longer to drive where they need to go, and it costs them more in gas money to get there. Disperse a few people over a lot of land, and that land is used inefficiently, too.

  • Listing of the week Mar 28, 2015 10:14 AM
    The family that chooses to buy this French Country estate home located on 1.86 acres in Inverness will have plenty of room to spread out and enjoy life to the utmost. This house offers 5,100 square feet of living space, plus a walk-in attic, three-car garage and a finished basement with bar and fireplace.

  • Builder looks inward to grow Mar 28, 2015 10:15 AM
    Lexington Homes isn’t really competing head-to-head with other new-home builders anymore. Most of its competition is existing homes marketed by real estate agents because the company has chosen to focus on smaller, infill parcels in established communities that were essentially “built out” years ago.

  • Dist. 211 renames new special-needs building Mar 28, 2015 7:30 AM
    Palatine-Schaumburg High School District 211 will start next school year with an additional building with a brand new name to house new and relocated programs serving students and graduates with special needs. Renovation of the former Barrington Orthopedic building next to Hoffman Estates High School is on schedule and the building has just been renamed the District 211 Higgins Education Center, Superintendent Dan Cates said.

  • Oak Park family builds a dream kitchen Mar 28, 2015 12:00 AM
    Most homeowners consider the kitchen to be the heart of their home. The kitchen is where daily meals are prepared, stories are shared and memories are made. Thanksgiving dinners, Christmas cookies and birthday cakes all begin in the kitchen.

  • Mortgage points: a powerful option that is often neglected Mar 28, 2015 12:00 AM
    What are points? Points are a unique feature of the U.S. mortgage system, and to my knowledge they are found nowhere else in the world. They offer borrowers a way to tailor the terms of the mortgage to their individual needs.

  • How to keep cheery colors in check in your home Mar 28, 2015 7:00 AM
    Many people are Crayola color-phobic. I understand why; if not used properly, colors, especially bright ones, can make your living room look like a kindergarten or worse, a Marvel comic. Follow these four tips to keep cheery colors in check.

  • Closed session and executive session are the same Mar 28, 2015 1:00 AM
    Q. Can you please clarify the difference between a “closed session” and an “executive session” of the board? I know that there is a difference between the two and would like clarification, since our association has a board member who insists that what the board is doing is an executive session rather than a closed session.

  • Average family can afford more for home Mar 28, 2015 12:01 AM
    The average family can now afford nearly 63 percent of homes offered in today’s market, according to a recent study. Low interest rates and home prices helped lift housing affordability slightly in the past quarter.

  • Romania questions ex-minister over 3 Picassos, 100 paintings Mar 27, 2015 3:17 PM
    Romanian prosecutors question ex-finance minister over 3 Picassos, 100 paintings

  • Home selection can also be lifestyle choice Mar 27, 2015 12:00 AM
    Do you want to change your lifestyle from “ho hum” to “wow?” Several new home communities in the suburbs offer more than a house. If you want to live among nature, if you’d like to live in a waterfront home, or if you’re into sustainable living, it’s time to live your dream.

  • Backup options for Internet lines can be costly, complicated Mar 27, 2015 8:39 AM
    Backup options for Internet lines can be costly, complicated; government does not require them

  • Illinois home prices surge 13.1 percent in February Mar 27, 2015 12:00 AM
    Illinois home prices continued to strengthen as the statewide median price experienced a double-digit annual gain in February, marking 30 consecutive months of year-over-year price increases, according to the Illinois Association of Realtors.

  • Mortgage complaint line brings attention to detail Mar 27, 2015 12:00 AM
    Move over, Yelp. The federal government’s top consumer agency has just begun allowing mortgage borrowers to vent publicly — in full narrative detail — about the bad experiences they’ve had with financial institutions.

  • Home-maintenance duties rise as spring arrives Mar 27, 2015 12:00 AM
    Now’s the time to get caught up on some important maintenance chores that you might not have been able to do over the winter.

  • FINRA fines Oppenheimer $3.75M in employee fraud case Mar 26, 2015 12:19 PM
    FINRA fines Oppenheimer $3.75M over employee who defrauded clients and Broadway producers

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