Chicago's North Shore - North and Northwest Suburbs Real Estate

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Allyson Hoffman

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Potential Closing Day Pitfalls

by Allyson Hoffman

Your offer to buy a house was accepted, your inspection was completed and other requirements have been met, so you might assume that your closing is just a formality.  Well, a few things could still go awry. Accordingly, it helps to be prepared by knowing about these potential snags ahead of time in anticipation of a seamless closing when all paperwork is signed and the keys to your new home are received.

Final Walk-through

Your final pre-closing walk-through typically occurs the day before or the day of your scheduled closing. Presumably, the seller has vacated and the house should be ready to go. However, you could find that everything is not exactly in order ... a storm could have caused damage, a new problem not previously noted might appear or possibly, items that you expected were included with the house are missing.

If issues surface, be prepared to resolve them at the closing with the seller who will likely pay the cost of repairs. Refer to your purchase contract which should itemize anything to be included in the sale so that errors can be corrected.  And as long as cool heads prevail, no deal breaker should result from these last minute concerns.

Credit Changes

Once you’ve been approved for financing, typically earlier on in the process, your credit would have been checked and reviewed.  Keep in mind that loan problems can surface if there are major changes in your credit history between the initial credit review and final quality-control analysis just prior to your closing. For instance, a new car loan, large charges on existing credit cards or new credit cards could cause concern for your lender. A new job loss or job change that alters your financial picture might likewise lead to problems. Thus, don’t make any substantive modifications of this type until after you successfully close.

Closing Funds

Be absolutely clear regarding what funds need to be brought to closing and in what form. You may need to bring a cashier’s check or the funds may need to be wire transferred electronically. Failure to adhere to required guidelines for closing funds could cause delays of at least a few hours or even to a different day until you can provide the correct funds.  Check with your real estate agent, attorney and/or Title Company for information regarding the amount and permitted practices allowed for payment.

Keep in mind that most issues on closing day are nothing more than little bumps on your path to home ownership. So, don’t panic.  Just be careful and attentive to details so that no major issues impact your plans. For additional information, reliable recommendations to trusted affiliates or to arrange a meeting to discuss your needs, please contact me today for a consultation. I will be happy to answer any questions you may have about the home buying process.


 

Allyson Hoffman, ABR, ACRE, CDPE, CRS, e-PRO, GRI, SFR, SRES
RE/MAX Villager
Serving Chicago's North Shore, North and Northwest Suburbs
847-310-5300
[email protected]

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Allyson Hoffman is your ultimate real estate resource for Chicago's North Shore, North and Northwest Suburbs and surrounding areas. Visit my website for detailed information regarding today’s real estate markets. 
  

Image courtesy tumisu/pixabay.com

July 2019 Midwest Real Estate Market Reports

by Allyson Hoffman

 

The July 2019 Midwest Real Estate Market Reports are now ready for your review. These market reports provide an insight on the real estate market statistics for Cook County and Lake County. These statistics are helpful when you are considering buying or selling in today’s real estate market.  And, remember should you need tailored reports on a subdivision or neighborhood in the North ShoreNorth, and Northwest Suburban Chicago, Illinois area, please let me know.



Allyson Hoffman, ABR, ACRE, CDPE, CRS, e-PRO, GRI, SFR, SRES
RE/MAX Villager 
Serving Chicago's North Shore, North and Northwest Suburbs
847-310-5300

[email protected]

Get your latest Home Value
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Allyson Hoffman is your ultimate real estate resource for Chicago's North Shore, North and Northwest Suburbs and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.

Chicago Air and Water Show

by Allyson Hoffman

Are you ready for the Chicago Air and Water Show? This Saturday and Sunday, August 17th and 18th enjoy the largest FREE show of its kind in the United States! Presented by City of Chicago, the Air and Water Show showcases daredevil hair-raising thrills in the air and on the water at North Avenue Beach and along Chicago’s magnificent Lake Michigan waterfront.

Some of this year’s headliners include the U.S. Air Force Thunderbirds, U.S. Army Parachute Team Golden Knights, and the U.S. Navy Parachute Team Leap Frogs. The show starts at 10 AM and continues through 3 PM extending north and south along the lakefront from North Avenue Beach.

Visit the City of Chicago’s official website for additional information. Don’t miss this one you are bound to have a soaring good time!

 

Allyson Hoffman, ABR, ACRE, CDPE, CRS, e-PRO, GRI, SFR, SRES
RE
/MAX Villager
Serving Chicago's North Shore, North and Northwest Suburbs
847-310-5300
[email protected]

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

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Allyson Hoffman is your ultimate real estate resource for Chicago's North Shore, North and Northwest Suburbs and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.  

Photo by Sean Alabaster on Unsplash

How to Survive Living in Your Home During Its Sale

by Allyson Hoffman

Are you thinking about selling your home in 2019 or 2020? If so, like many people, you will likely continue to live in your home while it is for sale.  So here are some tips on how to survive the process and ensure that your home looks its best for all showings. For the best results, consistently do the following things every day to guarantee that your home will always be presentable and ready to show to potential new buyers.

- Make your beds.
- Empty the sink of dirty dishes.
- Fresh flowers always look nice.
- Empty the trash cans.
- Pay attention to the smell. Be aware of cooking odors because some linger longer than others.
- Check the thermostat. Make sure people coming in will be comfortable while they are looking at your house. If they are too hot or too cold, they won’t stay.
- Keep the yard neat. Rake, pick up sticks and mow regularly – do whatever it takes to make the yard look its best.
- Vacuum and sweep.
- Keep the counters clear and clean. All homes have spaces that tend to collect clutter. Try to keep that from happening.
- Preferably, don’t remain at home (even outside) during showings.
- Remove all pets for showings if at all possible.

While undertaking these tasks may not make your home sell faster, it will allow buyers to enjoy looking at your home and generally keep them there longer. When agents show attractive homes, they remember that fact. So even if one buyer prefers another home, that agent may return with another prospect. Conversely, if a home shows poorly, the likelihood of an agent returning with another client diminishes.

For additional information on getting your home ready to sell and finding a new residence, feel free to contact me today for a consultation. I will be happy to answer any questions you may have, help you to find your dream home or determine the value of your existing property.

 

 

Allyson Hoffman, ABR, ACRE, CDPE, CRS, e-PRO, GRI, SFR, SRES
RE
/MAX Villager
Serving Chicago's North Shore, North and Northwest Suburbs
847-310-5300
[email protected]

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

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Allyson Hoffman is your ultimate real estate resource for Chicago's North Shore, North and Northwest Suburbs and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.   

Image provided by hobokenhome7/pixabay.com

Kite Festival

by Allyson Hoffman

The Chicago Botanic Garden brings you the Kite Festival! This Saturday and Sunday, August 10th and 11th, enjoy a fun-filled day of kite flying, ice cream treats, and professional kite flying demonstrations. Beginning at 10 AM, walk or take the free tram to the meadow west of Evening Island, and watch as the Chicago Fire Kite team performs stunt-kite routines set to music.

In addition to viewing the professionals, feel free to bring your own kite to participate in the public fly time, or make a kite to fly at the kite-making workshop. Admission is FREE, but regular parking fees apply.

Visit the Chicago Botanic Garden’s official website for additional information. Bring the whole family and get ready for some high-flying fun!

 

 

Allyson Hoffman, ABR, ACRE, CDPE, CRS, e-PRO, GRI, SFR, SRES
RE
/MAX Villager
Serving Chicago's North Shore, North and Northwest Suburbs
847-310-5300
[email protected]

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

Facebook
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Allyson Hoffman is your ultimate real estate resource for Chicago's North Shore, North and Northwest Suburbs and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.  

Photo by Lucie Hošová on Unsplash

It’s a Dog/Cat’s World in New Homes!

by Allyson Hoffman

Many builders are now considering pets when designing and building new homes. This perspective has resulted in many luxury townhomes and single-family residences offering upgrades to enhance the space to accommodate man’s best friends. These features can include dedicated washing areas in a laundry room just for the family dog or even a built-in sleeping area, perfectly-sized for pet comfort.

Home Buyers are Pet Owners

Over half of the households in the US have at least one pet of some kind, and many others plan to add a four-legged friend to their family once they buy a home. With that goal in mind, buyers tour homes imagining how their canine or feline pal will fit into their space.

Builders are catering to this need by including upgrades that focus solely on the family pet. In addition, you’ll find that more listings will showcase features or nearby conveniences intended for pet owners. Big back yards and dog parks are just two amenities that will often appeal to pet-friendly buyers.

One important note is the fact that many of these pets make their “home” inside the house rather than living in the back yard. Some homeowners will recapture unused space for their dogs and cats. For instance, space under the stairs can become a perfect setting for a dog house complete with bed and bowls. Cats might get their own shelf in the bathroom while a hidden area at the bottom of the closet is perfect for the litter box.

Fido Goes House-hunting

While the buyers may leave their pets at home when they visit open houses or tour homes for sale, they are frequently on their minds when selecting a property. A home near a busy intersection or highway may not be the ideal location for a family with a dog or cat. On the other hand, a townhouse with a small run or yard may be perfect for a time-constrained buyer who doesn’t want a lot of yard to maintain but needs space for their pet to run.

Many of today’s buyers aren’t just looking at homes for themselves and their kids or future family. Rather, they are considering the family pets as well in choosing their ideal new home. For additional information regarding the nuances of moving with pets, please contact me today for helpful ideas to streamline the process. I will be happy to answer any questions you may have, and/or help you find your dream home.  



Allyson Hoffman, ABR, ACRE, CDPE, CRS, e-PRO, GRI, SFR, SRES
RE/MAX Villager
Serving Chicago's North Shore, North and Northwest Suburbs
847-310-5300
[email protected]

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

Facebook
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Allyson Hoffman is your ultimate real estate resource for Chicago's North Shore, North and Northwest Suburbs and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.    

Image courtesy Sina/pixabay

Art at the Glen

by Allyson Hoffman

The 16th Annual Art at the Glen Festival is this weekend, August 3rd and August 4th at The Glen Town Center. Art at the Glen is rated as one of the top shows in the United States by Sunshine Artist Magazine. This premium art festival will feature works from over 150 artists hailing from locations throughout the country. Enjoy stunning artworks in a wide variety of mediums including paintings to ceramics, photography, and jewelry.

Bring the whole family!  Children can enjoy a special area designated just for them with interactive games and activities, including challenging art scavenger hunts throughout the weekend.

Visit the official event website for additional information. This event is FREE to the public so bring the whole family and enjoy a weekend packed full of one-of-a-kind art.

 

 

Allyson Hoffman, ABR, ACRE, CDPE, CRS, e-PRO, GRI, SFR, SRES
RE
/MAX Villager
Serving Chicago's North Shore, North and Northwest Suburbs
847-310-5300
[email protected]

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

Facebook
Twitter
LinkedIn
YouTube

Allyson Hoffman is your ultimate real estate resource for Chicago's North Shore, North and Northwest Suburbs and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.  

Photo by Pixabay.com

Improved Lighting, Improved Living and Easier Selling

by Allyson Hoffman

Consider making some changes to improve the lighting in your home if it is darker than you might like. Good lighting, an essential asset of a home, will enhance your enjoyment as well as the ability to sell your home in future. Here are a few easy tips to consider...

1. More is Better

When it comes to light, more is better. Have at least three different types of light in a room. Begin with general lighting, usually a ceiling fixture. Then add task lighting, such as lamps. Lastly, add ambient lighting such as decorative wall sconces or candelabras.

2. Consider the Lamp Shade

To provide the ideal lighting, consider switching lamp shades to achieve your desired effect.  A white shade provides more light to brighten the room. Colored shades soften the light and often create a cozy space. Both are good options, but choose the one that affects your goal.

3. Add Flameless Candles

One of the easiest ways to add light to a room without breaking the budget includes purchasing flameless candles or wall sconces. These don’t have to be wired in because they run on batteries. Many look realistic with flickering lights to add authenticity. They can even be grouped on a coffee table, end table or fireplace mantel to add a special touch or draw attention to that area.

4. Add Mirrors

Consider placing a mirror in the room to reflect the light from lamps and candles. It provides a doubling effect in the amount of light you have, especially if it’s in a dark corner. Also try adding metallic accents, which similarly reflect light.

5. Don’t Overlook the Outdoors

Solar lights around your walkways and driveway will brighten up the outdoors and improve your curb appeal. Strings of light surrounding the deck or patio for evening entertaining adds special ambience. Outdoor lighting enhances the setting to make your exterior space more inviting.

The addition of new light sources in your home is truly a simple way to update any space. It’s potentially inexpensive and provides a warm welcome to any room. For additional ideas to improve the ambiance of your home in anticipation of a future sale, feel free to contact me today for a consultation. I will be happy to answer any questions you may have, and/or help you determine the value of your home.  



Allyson Hoffman, ABR, ACRE, CDPE, CRS, e-PRO, GRI, SFR, SRES
RE/MAX Villager
Serving Chicago's North Shore, North and Northwest Suburbs
847-310-5300
[email protected]

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

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Google +1
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Allyson Hoffman is your ultimate real estate resource for Chicago's North Shore, North and Northwest Suburbs and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.    

Image courtesy Joe Lewis/flickr.com

Lincoln Park Zoo Summer Wine Fest Presented by JPMorgan Chase

by Allyson Hoffman

Calling all wine lovers, the Lincoln Park Zoo Summer Wine Fest is this Friday, July 26th. Choose from a selection of more than 35 different delectable wines while you take in the breathtaking sights of the Lincoln Park zoo and enjoying accompanying live music! Food for purchase will also be available at various locations throughout the zoo.

The event, open to persons 21 and older, starts at 6:30 PM and runs through 9:30 PM. General admission tickets include entry beginning at 6:30 PM, 20 tastings of varieties and blends from leading winemaking regions, a guided garden tour with Lincoln Park Zoo’s horticulture experts, and a souvenir tasting glass.

Visit the official Lincoln Park Zoo website for additional information.

 

Allyson Hoffman, ABR, ACRE, CDPE, CRS, e-PRO, GRI, SFR, SRES
RE
/MAX Villager
Serving Chicago's North Shore, North and Northwest Suburbs
847-310-5300
[email protected]

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

Facebook
Twitter
LinkedIn
YouTube

Allyson Hoffman is your ultimate real estate resource for Chicago's North Shore, North and Northwest Suburbs and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.  

Photo by Kelsey Knight on Unsplash

To Rent or Not to Rent When Selling Your Home

by Allyson Hoffman

Selling your home and buying a home at the same time, while not an unusual situation, can sometimes be daunting. Timing issues to ensure everything falls into place can be challenging. One solution to this potentially troublesome issue may be to rent a property for a short time and resolve the complex nature of buying and selling simultaneously.

The Advantages of Renting a Home While You’re Selling

The main benefit of electing to rent a place once your home sells provides you the luxury of concentrating on the selling phase of the process without the added worry over finding your next home immediately. Typically you can locate a rental once your home is under contract and finalize the lease when you’re sure that things are progressing smoothly toward closing.

Of course, this plan works best in areas where there are an abundance of short-term rental options. If the rental market in your area is tight, you may have just as many challenges renting as in buying.

Another alternative may be to try to sublease a property or find a landlord who accepts month-to-month rental contracts so that you won’t be locked in to a long-term lease. This process would allow you to begin searching for a home to buy once your home has sold and you’ve moved out. The primary disadvantages of this option include the need to move twice, and potentially find a storage facility for the belongings that you’ll not take to a rental home or want to unpack. Before choosing this path, consider the impact your family being in limbo for a longer time.

Choosing to Buy and Sell at the Same Time

Even though buying a new home while you sell your current one may seem like a challenge, it can be done with the skilled assistance of the right agent who can guide you through the process and know when to schedule tasks to ensure that everything is completed on time. If you have a mortgage on the home you are selling and will need a new one on the home being purchased, your lender and legal advisor should be able to coordinate the payoff of your existing loan while securing a new loan.

The key to making this work is to determine if you can manage two mortgages and be able to buy before your current home has sold. If not, you’ll need to close on your existing home and then close on your new home.  To avoid the need to require delayed possession for your own buyer, you will need to, ideally, close both properties back-to-back on the same day.  While there are some issues to deal with when buying and selling at the same time, it’s an uncommon situation.  Most agents and lenders are familiar with this need and it can generally be managed without much difficulty. Just make sure to choose the right people to work with – ones who have the experience and knowledge to ensure everything comes together at the right time. For additional information on how to structure a seamless sale and purchase, feel free to contact me today for a consultation. I will be happy to answer any questions you may have, and help you determine the value of your home or a home you may be interested in buying.  

 

 

Allyson Hoffman, ABR, ACRE, CDPE, CRS, e-PRO, GRI, SFR, SRES
RE/MAX Villager
Serving Chicago's North Shore, North and Northwest Suburbs
847-310-5300
[email protected]

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

Facebook
Twitter
LinkedIn 
YouTube


Allyson Hoffman is your ultimate real estate resource for Chicago's North Shore, North and Northwest Suburbs and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.   

Image courtesy Mark Moz/flickr.com

Displaying blog entries 31-40 of 1116

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Allyson Hoffman & Paul Wells
RE/MAX of Barrington
306 W. Northwest Highway
Barrington IL 60010
Allyson: 847-310-5300
Paul: 847-913-6100

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