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 […]

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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 […]

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The following luxury homes in the Grande Park subdivision in Plainfield IL have recently sold:

12825 Grande Poplar Cir. sold for $210,000 (S) on 2/12/10
26531 Rustling Birch Way sold for $230,000 (F) on 1/8/10
26609 Silverleaf Dr. sold for $238,000 (F) on 5/20/10
13323 Morning Mist Pl. sold for $270,000 (F) on 3/12/10
26232 Whispering Woods Cir. sold for […]

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Later this week I am listing an absolutely adorable 3 bedroom ranch with a huge yard in downtown Plainfield IL.  I went there today to take the pictures and determine a value for the home, and I knew right away that I wanted to be the person to sell this house.  It’s just too cute […]

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As of this month there are currently 205 pending and contingent Plainfield IL homes for sale.  Many of these homes are  contingent upon short sale approval, or financing, but most likely most will close in the next 3-4 months. (short sales take much longer to close than traditional sales…)
The surge to race to the finish […]

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It’s about to get a little tougher for buyers with low credit scores below 580 to qualify for an FHA loan.  The minimum required down payment of 3.5% has been increased to 10%.  In addition, buyers are now required to pay PMI (Premium Mortgage Insurance) of 2.25%  (up from 1.75%) of the financed loan amount.
In […]

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It’s going to start to get a little harder for some FHA buyers to qualify for a loan.  Starting April 5th, 2010 buyers will now need a FICO score of 580 or higher to qualify for a 3.5% down loan.  All buyers with a FICO score of 579 and under will require a 10% down […]

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On November 6, 2009, legislation was passed that extends and expands the tax credit given to those purchasing a home for the first time, and also to long time homeowners who are purchasing a replacement primary residence.  It also raises the income limitations previously set for homeowners seeking to claim the credit.
Anyone that qualifies for […]

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I hope this post doesn’t come off the wrong way… because the worst thing that can come out of this is that I sound like a megalomaniac.  Actually it’s almost exactly the opposite.
There are a lot of people out there that don’t care much for Realtors.  Let’s face it, there are plenty of agents out […]

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Time is running out in Plainfield IL for buyers to take advantage of the first time buyers tax credit of up to $8,000.  If you are a first time home buyer you need to close by November 30th, 2009.  This poses a big problem for buyers that are tangled up in short sales because there […]

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