March 8, 2010 - You may want to keep this coming Sunday, March 14th open on your calendar because there is aother Chicago real estate auction planned for that day. This time it will be 13 Chicago condos at the Prairie Point development in the South Loop. Prairie Point is located at 1600 South Prairie […]
Archive for the 'Real Estate' Category
Higher Credit Score, Down Payment For FHA Mortgages
Published by January 20th, 2010 in News and Real Estate.January 20, 2010 - We told you about the new rule change that would allow buyers who want to purchase a previously foreclosed home from a flipper to get an FHA backed mortgage before the old 90 day wait period. Now we have news about more changes concerning qualifying rules for FHA loans.
It will […]
January 19, 2010 - Last Saturday Chicago real estate developer Belgravia Group lowered prices by around 15% to 30% at 565 Quincy. This development is a mix of true lofts and new construction condos with 17 different floor plans and 18 condo layouts for the 241 units, so there should be something for everyone.
If you […]
January 18, 2010 - While it isn’t a landslide in price reductions, some on the remaining unsold condos at 1600 Museum Park are trickling down. There are roughly 123 of the total 274 condos still left for sale and a portion of those are being lowered around 10% to 20% by Chicago real estate developer […]
January 16, 2010 - A few posts ago we told you that Fannie Mae was allowing faster offers on REOs. Now the Housing and Urban Development department has changed some of the FHA rules regarding the resale of foreclosed Chicago condos and homes. This is an effort to make it easier and faster for a […]