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I was surprised to see such even numbers from the data I pulled…

I like even numbers, but I don’t like this data.

50% of all homes sales were distressed home sales, as in; either foreclosures or short sales.

 Exactly 25% were short sales, and 25% were foreclosures, but I don’t know which is worse?

They are big numbers either way.

 What I find disturbing is the high rate of homeowners in foreclosure opting to do absolutely nothing?  I don’t understand this. 

WHY?!

 Letting the bank take your home is not the best solution.  There is a better way, and unless you are talking to a lawyer, you have no idea about the implications of letting the bank call the shots on being in foreclosure.

 If you are facing a job loss, have missed a payment, or are in foreclosure and are facing eviction… call me at 630-673-6233.  I can help you when the bank won’t.  Real estate prices aren’t getting better anytime soon, so you need someone who can help you that understands what you need to do to get out from under the property that is no longer an asset.

Julie Ferenzi | Realtor®
Plainfield IL Short Sales
630-673-6233

This beautiful 4 bedroom home in The Lakes of Wesmere is listed at $239,000. 

Located on a premium lakefront lot, the home at 2124 Wesmere Lakes Dr. features a 1st floor study, private master bathroom, gorgeous views from every window, deck, and hardwood floors on the entire first floor.

Wesmere is part of a clubhouse community.   All homeowners have access to the private clubhouse, tennis courts, exercise room, volleyball court, and party room for a low monthly association fee.

2124 Wesmere Lakes Dr.

 2124 Wesmere Lakes Dr.
Located in the Wesmere Subdivision

 

2124 Wesmere Lakes Dr. Family Room

Fireplace, wood floors, premium lakefront lot.

 

2124 Wesmere Lakes Dr. Study

1st floor study with french doors.

 

2124 Wesmere Lakes Dr. bedroom

This is actually one of my favorite rooms in this home.
Not only is the mural an adorable addition to the room…
the view of the lake from here is beautiful!  

 

2124 Wesmere Lakes Dr. interior photos.  Located in “The Lakes” of the Wesmere Subdivision in Plainfield IL.

The deck completes the benefit of having a lake in your back yard!
Perfect for entertaining, or just enjoying a quiet evening listening to the crickets and bullfrogs.

 

This is not a short sale and the seller can close quickly.
If you, or someone you know is looking for a beautiful home in Plainfield IL, this could be it!
Call me at 630-673-6233 to set up a private showing of this A+ home.

 

Julie Ferenzi | Realtor®
Plainfield IL Homes for Sale
630-673-6233

Have you missed a few payments on your mortgage?  Are you worrying about how you are going to pay the bills this month?  Have you recently found yourself out of a job?

You are not alone.

Look around… 

Long grass.  Weeds in the yard.  Stickers on the door.

One day you have neighbors, one day they’re gone.

Families all over Plainfield IL are facing a similar situation, and we haven’t hit the bottom yet.  3 years ago, you could list your house for sale and cash out on your equity if you found yourself in this unfortunate situation.  Now?  You probably owe more on your house than it’s currently worth based on the current rate of depreciation.

You don’t know where to turn, but I do. 

I have been helping families in foreclosure for my entire career in real estate.

Don’t let your house foreclose without trying to settle your debt with your lender. 

My team, both the attorney I provide to my clients and the negotiator I assign to your file, (at no cost to you…) are top notch.

You will not find a more efficient, or capable, coordination of your best interest in the world of real estate.

If you need someone to handle your short sale without the stress that can make a person crazy, call me at 630-673-6233.  I can help you get out from under the crushing pressure of a mortgage that is no longer in your best interest, and potentially save you from the credit implications later.

Julie Ferenzi | Realtor®
Plainfield IL Short Sales
630-673-6233

Greywall Club is a clubhouse community located just west of Ridge Rd. and south of Caton Farm Rd. in Joliet IL.  

The following homes have recently closed in Greywall Club in Joliet IL:

  • 8409 Waterbury Dr. closed for $156,000 as a foreclosure.
  • 2100 Sienna Dr. closed for $161,500 as a foreclosure.
  • 1907 Wild Rose Trl. closed for $177,500 as a foreclosure.
  • 2214 Waterbury Dr. closed for $180,000 as a short sale.
  • 8210 Waterbury Dr. closed for $180,000 as a foreclosure.
  • 8410 Hanbury Ct. closed for $184,900 as a foreclosure.
  • 2210 Waterbury Dr. closed for $185,000 as a foreclosure.
  • 2308 Waterbury Dr. closed for $190,000 as a foreclosure.
  • 2215 Waterbury Dr. closed for $195,000 as a foreclosure.
  • 2202 Waterbury Dr. closed for $201,000 as a foreclosure.
  • 1805 Wild Rose Dr. closed for $208,000
  • 2104 Providence Way closed for $215,000 as a foreclosure.
  • 8401 Wildspring Pkway closed for $216,000
  • 2026 Providence Way closed for $220,000 as a foreclosure.
  • 2104 Litchfield Ct. closed for $220,000
  • 2105 Providence Way closed for $230,000
  • 2111 Sienna Dr. closed for $235,000
  • 8307 Newbridge Ct. closed for $236,500
  • 8306 Greenbridge Ct. closed for $240,000

Greywall Club is part of the Plainfield Consolidated 202 School District The students of the neighborhood attend Thomas Jefferson Elementary, Aux Sable Middle School, and Plainfield South High School.

The clubhouse features: an exercise room, a reading room, a party room, and a heated outdoor pool with a gated children’s area that features a separate wading pool.  These homes are very large and feature contemporary and convenient layouts.

If you are interested in a home in Greywall Club give me a call.  I can arrange for a showing of any of the available homes for sale in the neighborhood.  Call me at 630-673-6233.  

Julie Ferenzi | Realtor®
Joliet IL Homes for Sale
630-673-6233

The following Wesmere subdivision homes closed in Plainfield IL in the month of July 2010:

  • 1711 Heritage Pointe Dr. closed for $176,000.
  • 2312 Willow Lakes Dr. closed for $189,000.
  • 2212 Candlewood Dr. closed for $192,000.
  • 1914 Chestnut Grove closed for $195,000.

Plainfield Il homes

The house at 1711 Heritage Pointe Dr. is BEAUTIFUL!  The new buyers are LUCKY! I had shown it many times when it was a foreclosure, but the investor that bought it made it shine like a model home!  It was top notch when this rehab investor got done with it.

AND… actually, the listing at 2212 Candlewood Dr. was my listing, and it is beautiful too! The new owners are going to love their new home as much as my clients did.  It sold really quickly because these sellers were really smart about pricing their home correctly.  They listened to my professional advice, and their home sold in just over 3 months!

If you are not in a short sale situation and you do not price your home correctly, you will be holding on to it forever.  The market is still declining.  Your home is worth more today that it will be tomorrow, so don’t be greedy when it comes to an asking price… or you will have your house all to yourself, for a very long time to come.

If you are thinking about selling your home in this market and you are ready to get real about price, call me.  I can sell your home in this market.  All homes will sell at the right price, given the right motivation.

Julie Ferenzi | Realtor®
Plainfield IL Homes for Sale
630-673-6233

I’m a Realtor in Plainfield, Illinois. I specialize in short sales and foreclosures, so I’m no stranger to the aftermath that can be found within the confines of a former “home”. I’ve seen some really destroyed places; sledge hammers to the walls, feces on the floors of every room, rotting food on the floors and counter tops, obscenities on the walls, roaches, abandoned pets, burst pipes, and the worst thing I’ve ever seen done by a homeowner who lost their home to foreclosure… they completely booby trapped the entire house.

It was a disgruntled homeowner in my neighborhood who pulled all of the live electric wires to the fuse box to the house, and then flooded the basement. If it weren’t for the warning they were “kind” enough to leave on the basement door leading to the basement, someone could have really gotten hurt, or worse, killed. No matter how angry you are, how could you purposely and willingly set out to hurt another human being to that degree? It’s something I don’t think I’ll ever understand.

As I mentioned around Christmas time, the first home Tony and I ever owned (and used sweat equity to build) went into foreclosure. We sold it about a year and a half before the market peaked. The homeowners who bought it treated it like an ATM instead of a home. 6 months into owning it, they took out a $50,000 line of credit. When they ended up in the middle of a divorce late last year there wasn’t any equity left for them to sell. (They must not have known about doing a short sale…)

We only moved about 1/2 a mile away from our previous home when we moved into our current home. We built this house because we knew we needed more space, but we didn’t want to move Mark around in school after switching him the year prior from a private school. Now, I’m not so convinced it matters anymore, but at the time it was one of my main concerns. It was just a lucky coincidence that a local area builder was completing an adjoining subdivision in our vicinity.

It was exactly like the house I just listed at 2503 Joe Adler Dr. that I posted pictures of earlier this week… a beautiful 4 bedroom 2 bath raised ranch that we put all of our blood, sweat, and tears into. We moved so far from where we were raised when we bought it, but we were SO proud of our first home. With the cards stacked against us, we crawled our way to the top. We earned every penny of the equity we had in that house when we sold it, by working hard and making good choices.

I loved that house… and I knew better than to go back and peek inside the windows today, but I had a dream about that house this week, and it finally got the best of me. My friend Laura lives across the street from our old house on Peyla Ln. so I knocked on her door today to make sure they weren’t living there anymore. When I told her I was going to run across the street to peek in the windows, she told me to hold on… she was going to get her shoes!

There wasn’t much to see from the front, other than the lack of attention to the yard and landscaping. The back of the house… on the other hand, told a completely different story.

It broke my heart to see what lay inside.

The kitchen cabinets had been removed. The garbage… OH, the garbage! The carpet had been removed, along with the wooden spindles on the wall that opened to the foyer. The appliances had all been stripped, and the reminder of their presence was echoed by the outlines of paint that now hold their place. The paint on the walls of the family room was still the same from when it once belonged to us, and I remember they day we painted it… and how pretty it looked that night when we put that room back together.

The playroom we made for the kids was now littered with dozens and dozens of Modelo beer cans and yes, more garbage. The cabinetry we added for toys were ripped from the walls. The cheery little room we made for kids to play happily in… was now a dumpster of angry intentions.

I honestly have to say that if I had any indication that the happy little house we once called home would have been victim to this foreclosure mess… I’m not sure I would have left. Don’t get me wrong, I love our home now, but there’s just something about your first home.

I’m guilty of personifying inanimate objects, places, and things. I think that’s what causes me to be somewhat of a pack rat at times. I’ve gotten better… and no, I’m not a hoarder, (’only cause I tell myself that’s what crazy cat ladies do!) BUT, I feel like I let that pretty & happy little house of ours down…

I let someone have it that didn’t love it as much as we did.

Someone that didn’t care about the hallway that Nathalie and Eric took their first steps in.

Someone that will never know that Mark got his first two quarters from the tooth fairy one night in June, in the bedroom in the front of the house.

Someone that didn’t care that my dad, sick as he was with cancer at the time… helped us paint and prime all of the drywall before we moved in.

Someone that will never know how much my heart broke the night I cried into a pillow in my room the night my father died… and for the weeks and months that followed.

Someone that didn’t care about the upgrades that Tony’s parents surprised us with, that they paid the builder directly for, before we closed.

Someone that had no idea how hard we worked to put in a new ceramic floor in the kitchen, or to build a two car garage by putting money into a savings account for 2 years.

Someone that never saw how hard we struggled to keep our house when Tony lost his job and health insurance one Spring, when I was 7 months pregnant with Eric. Nothing on this Earth would have kept me from finding a way to keep that roof over our heads… nothing.

Someone that didn’t care that we took a leap of faith and started over somewhere new with a shoestring budget and caviar dreams, and made it home.

I know it’s not our home anymore
, but it still hurt to see what someone else has done to it. It’s going to be sad to go back inside when it comes back on the market. I will torture myself one more time. I have to.

Of course I’m a real estate agent. Of course I am! I know that “home” is more than drywall and plaster. It’s where you hang your heart, and where your heart’s been hung. My memories don’t belong to 6613 Peyla Ln… but that address belongs to my memory and my heart.

This home we live in now, will be our home until we grow old, God willing. I’m a girl with roots, and jumping around is not my thing. I hope that my kids will always remember their roots and have the same attachment to home and family that I have. Home can be anywhere that we’re all at together, and no matter what the future brings, we are in it 100%.

I’d rather have a shell of a home, than a shell of a family. Sure, we’ll never be perfect… but we’ll always be together. Tony is one Hell of a guy, I tell ya. He is my rock and my best friend.

We are fierce together… just like fire and ice.

Home will always be wherever we are together… but that doesn’t necessarily mean we don’t leave an eentsy-weentsy bit of ourselves behind when we go; or take a little piece of it with us when we leave.

What does home mean to you? What’s your story?

The lowest priced home sale in any town is a benchmark.  Plainfied IL is no exception.

It’s the starting line in a marathon of options for buyersand the finish line of all possibility for sellers. 

The highest priced home sale in any town has the same effect.  It’s the glass ceiling for sellers.  The dreaded “closed comp” speech.  I’ve given it.  I’ve dreaded it.  And no matter how I slice it, it’s still true.  Now, more than ever.

As much as I would love to see my sellers get the most money for their home, I know that no amount of marketing, no amount of praying, no amount of wishing, will speak to an appraiser any other way.  The appraisers job is to protect the lender involved in the risk of lending money against real estate in a declining market.  They are being pretty stingy with their values… but that’s a good thing in this market.  It’s the way things should be.

I used to chase rainbows.  I used to think they all ended in a pot of gold.  Now I know better. If a buyer or seller can’t see the reflection of the glass ceiling in this market that I don’t think I can help them, and I can’t change what I know to be true just to get a listing.  Knowing how to price your home, or even understanding how to make an offer, in this market is key getting to the closing table.

You either want to buy, or sell, a home… or you don’t.  There is no in between in real estate.  Price it right, you might as well cement the for sale sign in your yard.

Julie Ferenzi | Realtor®
Plainfield IL Homes for Sale
630-673-6233

I try to keep my personal life pretty lighthearted on here.  I mean, this is supposed to be about real estate, right?  Actually, I haven’t written many posts not related to real estate lately, so it’s safe to say I’m due for one of those testimonial posts about a great local business that I think you will love, whether you are new to Plainfield IL or have lived her for a long time.  If you have kids, you will appreciate the service that ABC Mom’s Inc. provide.

This post requires a little bit of a back story though.   Let me start there.

I have 5 kids.  Mark is 12, Nathalie is 9, Eric is almost 7, Jason is nearly 4, and little Leo?   He just turned 1.  Yep, that’s a lot of kids, but that’s not where this story starts, or ends.

About a year ago, when Leo was born, my life changed.  I mean, that’s a given, we added another member to the family, so of course it did.  BUT, this was not what I had in mind.

First, was the fire alarm.  Jason pulled it in the church office at Holy Family Parish as I registered the older kids for religious ed.  A week before school, my *almost* 3 year old pulled the fire alarm a week before school was to start.  It was horrible.  I cried the whole way home.  I was now the mother of “that kid”.  Yes-sir-eee, he was mine… and what was I going to do with him?!

Then came the hitting and spitting.

Anyone.  Anything.   If you were within arm’s length of him, you were officially fair game.  Apologies quickly lost their effectiveness with friends and family when they were muttered on repeat.  I was beginning to sound like a broken record, and it never seemed to matter to Jason when I tried to discipline him.

Tantrums.

Oh, there were precious few minutes between them.  His favorite place to have them, was of course, in public.  Actually, if I had to name names, Target was probably his favorite meltdown location.  Usually at or near the checkout.  He could often be caught chewing through a candy wrapper in the checkout line.

Running away from me was another one of his many talents.  It still is.  He likes to take off in the store, in the yard, at the park, in the mall… anywhere that isn’t with me.  Except of course, when he decides he needs to be on top of me.  AND I mean on top of me.  Touching me.  Near me.  ON me.  He’s hot or cold… but it’s always his way.

He won’t wear certain clothes.  Actually he won’t wear any kind of sweatpants.  He calls them “butt pants”.  God forbid his favorite pair of pajamas hasn’t made it out of the wash in time for bedtime.

He’s almost 4, and completely obsessed with his pacifier.  He stands in one place and jumps when he is excited while he flaps his hands at his sides.  WHAT was that all about?!

BUT, thanks to Jennifer Schuler and Dana Burke of ABC Mom’s IncI’ve gotten to know my mysterious and quirky little boy a whole lot better.

I was referred to ABC Mom’s by nurse Amy at Dr. Michael Reicherts office in Naperville. I made an appointment at the office because I didn’t know what else to do.  I couldn’t control my own son and I felt like a failure.  As disheartening as it was to have to ask for help… I was so thankful for her recommendation.

ABC Mom’s gave us our family back.

Jennifer and Dana are not judgmental, which was my biggest fear in asking for help.  They don’t point out the negative, or highlight your shortcomings, they help you discover for yourself what needs to change.  They make you want to be a better mom.

I once thought of them as the local version of Super Nanny, but now I know that’s not true.  They never told me I wasn’t doing it right.  They never acted like they could do it better.  They never forced me to make hard decisions about how my heart told me to parent, and the way the experts tell us to it.  They didn’t tell me to stick my kids on the naughty spot and listen to them cry for hours.  They taught me how to love them more, while I taught them better.

There is no shame in wanting the best for your kids.  There is no shame is asking for help.  If you are struggling with behaviors from your kids and don’t know where to turn, call the ABC Mom’s.  They will come to your home and help you with your specific concerns, and the best part is that they do accept many different insurance plans.

Call the ABC Mom’s at (630) 299-4909.  You will thank me later.
I’ll gladly take payment in real estate referrals. Lots of them!
:o)

 

Julie Ferenzi | Realtor
Plainfield IL Homes for Sale
630-673-6233

“Movies in the Park” continues in 2010.  Presented  by the Sollitt Construction Company,  this Friday at 8:00pm “Cloudy With A Chance of Meatballs” is being sponsored by Crawford, Murphy & Tilly Inc. at Settler’ Park at the Richard A. Rock Amphitheater.  It’s located on the south side of Rt. 126 (Lockport St.) just before you enter the downtown area.

Last week our neighborhood had it’s own movie night for the first time in Clearwater Springs.  We watched Toy Story 2, and it was so much fun.  It was a great refresher for the newly released Toy Story 3!  The kid had fun chasing fireflies and playing tag before the movie started.  Isn’t that what summer is all about?!

If you’ve never been to an outdoor movie night, it’s a fun event for families all over Plainfield!  Just make sure you bring a blanket or chairs, and lots of of insect repellent.  And don’t forget… if you or someone you know is thinking of buying or selling a home in Plainfield IL, I can help you with all of your real estate needs.  Call me at 630-673-6233.
Julie Ferenzi | Realtor®
Plainfield IL Homes for Sale
630-673-6233

Dunmoor Estates is a beautiful custom home community in Plainfield IL located between Ridge Rd and Rt. 30 just off of 135th St.  This beautiful neighborhood is located near shopping and dining, with easy access to I-55 and I-80.

There is  cluster of beautiful custom home neighborhoods near Dunmoor Estates in Plainfield IL, including Grande Park, Shenandoah, and Prairie Ponds.

Home in this neighborhood feature 4+ bedrooms and large homesites with contemporary luxury design layouts.  Many of these homes also have 1st floor dens, full basements, custom kitchens with granite counter tops, full finished basements, and beautifully upgraded exteriors with superb curb appeal.

Students in the Dunmoor Estates neighborhood attend the following schools as of June 2010:

Walkers Grove Elementary School
Richard Ira Jones Middle School
Plainfield North High School

If you are interested in a home in the Dunmoor Estates Subdivision in Plainfield IL call me at 630-673-6233 for a complete list of available properties. These beautiful luxury homes have limited availability so call me to make sure you don’t miss out on the chance to make Dunmoor Estates your new home!

Julie Ferenzi | Realtor®
Plainfield IL Homes for Sale
630-673-6233

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