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

Chicago North Shore, North and Northwest Suburban Real Estate Blog

Allyson Hoffman

Blog

Displaying blog entries 1-10 of 955

May 2018 Midwest Real Estate Market Reports

by Allyson Hoffman

The May 2018 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

%20allyson@allyson.com

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

Facebook
Twitter
LinkedIn
Google +1 
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.

For Sale – 462 S. Commons Court $425,000

by Allyson Hoffman

Open Concept Design and Dramatic High Ceilings Combine in this Easy Living Ground-Level Ranch Villa!

Ultra Convenient Location, Ultra Convenient Design in this Villas of South Commons Gem with Sunny South Exposure -- Live all on One Level or Nearly Double Your Space with the Massive Full Basement!

Don’t miss this stunning ground-level ranch villa with sunny south and east exposure, and an ultra-convenient location only two blocks to Deerfield’s bustling town center and Metra station!

Special features and highlights include: an airy great room with ten-foot ceilings, inviting mantled gas fireplace, sliders to the private patio surrounded by tall arbor vitae, a master bedroom suite with a large walk-in closet and private master bath with soaker tub/separate shower, lovely oak floors, contemporary-convenience kitchen with abundant counter/cabinet space opening to the adjacent living/dining area, a second family/guest bedroom, inviting den/office with double-door access from the great room and a huge full basement (over 1600 SF) with limitless potential to nearly double your finished living space – the possibilities suited to your family’s specific needs are endless. This is truly a rare and special opportunity with only nine units of this model in the entire neighborhood! Fulfill great expectations right here!

To view the full description and collection of photos for this home please visit www.462southcommons.com!

Contact Allyson Hoffman for more information or to schedule a showing.  Visit www.RealEstateNorthernIllinois.com or email Allyson@Allyson.com!

2018 Winnetka Music Festival

by Allyson Hoffman

If you are a live music fan, then this weekend there is an event for you! June 15th and 16th enjoy music from a plethora of talented artists at the Winnetka Music Festival. This event is a free music festival with over 25 bands and a vast collection of genres that are sure to cater to spectators of all ages.

The Hudson Stage brings you family fun with entertainment from The Children’s Theatre of Winnetka, Rhythm Revolution, CREW, and more! Additionally, the Music Institute of Chicago will be present at the Petting Zoo where children will be provided the opportunity to have a hands-on experience with different instruments and participate with the artists. 

Other stages will include the Chicago Cubs stage, the BMO Harris stage, and the Fields Auto Group stage, which will host the other performances. In addition to great music, the festival will contain more than a dozen food trucks offering delectable selections from tacos to gourmet grilled cheese.

For more information visit the Winnetka Music Festival official website. This free event is sure to be fun for the whole family!

 

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
allyson@allyson.com

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

Facebook
Twitter
LinkedIn
Google +1
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 danny howe on Unsplash

Buying a Home? Don’t Pass Up These Benefits!

by Allyson Hoffman

A lot of people think that they can use the internet and advice from friends to successfully navigate the home shopping/selling experience, but here are ten reasons why it is a good idea to hire an experienced, knowledgeable real estate agent when you are looking to buy a home in Chicago's North Shore, North or Northwest Suburbs.

1 -- Experience 

Purchasing a new home may well be the largest expenditure that you ever make. So it simply makes good business sense to enlist all the help you can get.

Most seasoned real estate agents have completed more real estate transactions already this year than you'll likely make in a lifetime. That adds up to a whole lot of knowledge and experience – experience that can help navigate you safely and securely through every aspect of the buying process.

2 -- Knows the Market  

A real estate agent will know what's happening in a particular area, or neighborhood, and help you decide if a home you find is a good value. Once you find a property that interests you, your agent will show you "comps" (comparable properties) of similar homes that have sold recently, as well as those that are currently on the market.

And if your real estate agent works with an established firm, he or she will typically have instant access to a host of proprietary tools -- and property information -- that may be difficult, or even impossible, to find on your own. All this information will help you make a well-informed decision.

3 -- Saves Time 

A good real estate agent is an organizational genius. He or she will manage to get you in to see new properties as soon as they become available -- and conveniently arrange appointments.  But remember, accessibility is a two-way street! Be sure to be as flexible as possible -- especially when your time is very limited.

4 -- Good Listener 

If you decide to use a real estate agent, look for someone who asks as many questions as you do. When you mention a price range, does the agent give you a 'standard' list of available properties, or is he or she able to make -- or adjust -- his or her recommendations based on what comes up in your conversations?

How interested is the agent in listening to your point of view? How many questions does he or she ask? After all, your real estate agent's recommendations should vary substantially based on your personal needs and goals.

5 -- Tells the Truth (even when you don't want to hear it!)  

Expect a good real estate agent to challenge you once in a while, ask the tough questions, and yes, even disagree with you occasionally. When he or she makes a recommendation that seems off-base, give your agent the opportunity to give you the facts -- and share his or her knowledge and experience -- before making a decision. Learn to trust your agent's intuition, insights, and perspectives; they'll often lead you in the right direction.

6 -- Respects Your Budget 

One of the most important things that your real estate agent will do is help you determine how much you can afford to spend. He or she may well ask you to consult with your accountant, financial planner, and/or mortgage broker before you make this important decision.

In some markets, there's a lot more to purchasing a home or a condominium than having cash for the down payment, and securing financing. A good real estate broker will understand the particulars of your market, and help you find a housing solution that you'll be able to qualify for financially and match your financial comfort level.

7 -- Team Player

Your real estate agent should be able to recommend a great team of professionals to support your purchase -- from mortgage brokers and appraisers, to contractors, inspectors, designers and real estate attorneys.

8 -- Getting to Closing  

Remember, finding the right property is only half the process. Be sure your real estate agent is well prepared to negotiate aggressively on your behalf, and assist you in finding financing, if necessary. Your agent should be ready to follow through with your bank or mortgage broker, any other involved agents as well as with your real estate attorney, until the purchase officially closes and ownership is transferred.

And if you're purchasing a home that is located in an association, be sure you have a real estate agent who is adept at helping you put together the materials necessary for any board application package, following through with the management company.

9 -- Gives Timely Updates  

Throughout the buying process, be sure to stay in touch with your real estate agent regularly. He or she should give you regular updates on new properties, any changes in the local real estate market, and a lending professional with up-to-date mortgage rate changes.  If your priorities change, be sure to update your real estate agent.  Should your research turn up a property of interest, have your agent arrange a viewing quickly to assure that you don’t miss just the home, especially if you are in a fast-moving market!

10 -- The Relationship  

Some buyers will try to find the perfect property on their own. That’s actually no surprise given internet access to more real estate information than ever before because it's fairly easy for anyone who's computer literate to access a list of available properties in every part of the country.

However, don’t underestimate the importance of professionalism and personality when you choose your real estate agent! You'll be spending a lot of time with them -- and entrusting them with one of the most important transactions of your life. So be sure to find someone you not only trust and respect, but also look forward to working with.

Whether you’re buying or selling a home, expert advice can make all the difference in the outcome. Feel free to contact me at any time. I will be happy to answer any questions you may have, help you to find a new 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
allyson@allyson.com

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

Facebook
Twitter
LinkedIn
Google +1


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 of iStock.com

Exciting One-of-a-Kind Riverfront Multi-Level Two-Story ... Space to Spare, Serene Setting!

Unique on all fronts -- Exceptional Space, Exceptional Location Overlooking Riverfront and Golf Course, Only Steps to Spring Lake Park!

Enjoy resort-like living in this one-of-a-kind home w/a spectacular setting on .71-acres of serene riverfront and golf course. A grand circular drive leads to an inviting two-story slate entry overlooking the huge living room with vaulted ceilings and a large picture window. This spacious multi-level hillside two-story provides fabulous views from huge rooms including an eat-in kit with granite counters and marble floors, and a separate dining room, both opening to an expansive rear balcony.

An immense Master Bedroom suite features a huge custom-fitted walk-in closet, riverfront views and a private bath with granite counter. Three more family bedrooms on two levels and two more full baths make this a great family home. The massive ground-level family room features a large raised-hearth fireplace, wet bar and sliders out to the patio and sprawling backyard.

Additional extras include zoned HVAC, an attached three-car tandem garage, large dry basement and amazing location only two doors to Spring Lake Park! This unique home, in a totally unique setting on a high and dry home site, provides endless possibilities for the next lucky family! 

To view the full description and collection of photos for this home please visit www.93Lincolnshire.com!

Contact Allyson Hoffman for more information or to schedule a showing.  Visit www.RealEstateNorthernIllinois.com or email Allyson@Allyson.com!

5th Annual Chicago Blues Festival

by Allyson Hoffman

Calling all blues lovers, the Chicago Blues Festival is this weekend, June 8th – 10th at Millennium Park. The Chicago Blues Festival is the largest FREE blues festival in the world and holds the title of Chicago’s largest music festival. Friday’s line up includes a Tribute to Those Who Came Before featuring tribute performances to Sleepy John Estes, Big Joe Williams, Roosevelt Sykes, Willie Kent, and many more! Saturday’s events will kick off at 5:30 PM starting with a performance by Selwyn Birchwood and finishing with the Little Walter Tribute. The fun continues Sunday with performances by Fantastic Negrito, Kenny Neal, and Mavis Staples.

Visit the City of Chicago’s official website for additional information. Don’t miss your opportunity to participate in this free event and celebrate Chicago’s legacy as the Blues capital of the world.

 

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
allyson@allyson.com

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

Facebook
Twitter
LinkedIn
Google +1
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 Bogomil Mihaylov on Unsplash

5 Rookie Mistakes to Avoid when Selling Your Home

by Allyson Hoffman

The last thing you want to do when selling your home is shoot yourself in the foot. Yet that’s exactly what can happen if you make one of these mistakes when selling your home.

Why? Today’s buyers are typically knowledgeable, looking for an easy sale and move-in ready homes. When they find any of these five mistakes in homes on the market, they could make low-ball offers, or worse, ignore you.

1. Trying to sell your home “as is.” Make all necessary repairs to your home, and take care of basic items like a fresh coat of paint and clean carpets. Pay attention to the exterior of your home, as well. Even little details, like pet odors, can affect buyers’ interest in your home. Sometimes conditions dictate an “as is” sale such as foreclosures, short sales or estates.  Even then, there is clear benefit to sellers who attend to issues in advance of marketing.

2. Skimping on marketing. You can’t attract quality buyers without investing in good photos, videos and a web page. Do what it takes to get your home in front of as many interested buyers as possible. Wide exposure is an absolute essential.

3. Waiting until you are desperate to move to put your house up for sale. If you are too eager to sell, buyers may sense it, and you may feel compelled to take the first low offer that comes along. Instead, take the time to prepare your home for sale in advance of marketing it and list your home for sale at a realistic price when you are not pressured for time.

4. Pricing your home too high, and then dropping the price a little at a time. Pricing your home significantly above market value shows you aren’t aware of your home’s value. If you decide to drop your price, make it a significant cut to attract attention. Dropping your price by a little at a time can make it look like you aren’t serious about selling.

5. Selling your home yourself. This is a serious mistake when you don’t know what you’re doing. More times than not, unrepresented owners price their home incorrectly, market it ineffectively and it then sits on the market for months. Statistics clearly show that homes with the shortest market time have a substantially higher listing price to selling price ratio than homes which languish on the market.

One of the easiest ways to avoid these mistakes is to hire a professional Realtor® at the outset and you’ll likely sell faster, get a better price for your home and walk away with more dollars in your pocket even after commissions are paid.

Whether you’re selling your home, need expert advice on how to set the best possible price or market it for a quick sale, I’d be happy to discuss this with you during a no-obligation consultation. Contact me at any time to begin the process today. I will be happy to answer any questions you may have, help you to find a new 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
allyson@allyson.com

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

Facebook
Twitter
LinkedIn
Google +1

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 courtesy Gary, Stock.XCHNG.

PAWS Chicago 18th Annual 5K Walk/Run

by Allyson Hoffman

This Sunday, June 3rd, bring your canine companion and join PAWS Chicago at their 18th annual 5k walk/run. This event is Chicago’s largest dog-friendly event and benefits PAWS Chicago and their continued mission to save the lives of homeless pets.

In addition to the main event, participants can also enjoy other activities such as a 20-minute pre-run Yoga class, food, drinks, giveaways, live entertainment, and more! A kid’s area will also be set up with games and activities. The event, held at Montrose Harbor, begins at 7:30 AM and will take place, rain or shine.

Visit the PAWS Chicago official event website for additional event details and to register today! This event is sure to be a good time for the whole family including your favorite furry friend.

 

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
allyson@allyson.com

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

Facebook
Twitter
LinkedIn
Google +1
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 of pasja1000/pixabay

To clear up the mystery about title charges, associated fees and who customarily pays for what, it is important to understand the facts. 

First, lenders do not control where the title insurance is ordered or the related charges though they provide an estimate of closing costs which typically includes seller responsibilities as well.  By custom in Northern Illinois, the choice of title insurance company is left to the Seller and their attorney, primarily because the seller must purchase a title search and title insurance for the buyer.  This Chicago Title reference chart for estimating title insurance and other costs may be helpful in garnering an upfront understanding of the costs to anticipate. 

Secondly, the title insurance company will also furnish both a search of the public records and a commitment to defend the status of that title after the new owner of the property closes.  Should any pre-existing defects in the ownership of the property surface, the title company would defend the buyer.  Again, this coverage is paid for by the seller. (In some states, but not Illinois, the only title insurance coverage is for the lender which is a buyer expense.  In those states, if the buyer wants coverage for himself, he has the option to pay.) 

Thirdly, as a homebuyer, you pay for three title areas:

 1. The escrow closing fee.  Currently, all lenders are requiring that the closing take place at a title company.  The closing officer will act as the agent for the lender in making sure all of the loan documents are properly signed.  A review of these fees from Chicago Title Insurance (the largest title company in the country), and other companies frequently selected and recommended, reveal nearly identical closing fees.

 2. Title Insurance Loan Policy.  This insures the buyer’s lender for any title defects.  That fee through Chicago Title is $500 plus endorsements of $175.  Again, the Chicago Title fees are identical to the fees charged by other companies.

3. Miscellaneous Title Charges.  All of the title companies collect these fees with the amounts reasonably similar and these include:

a.  Closing protection letter: $50  (set by statute)
b.  Email package fee - $40
c.  E-recording service fee - $10
d.  Wire transfer service fee - $40
e.  Policy update fee - $125
f.  Chain of Title fee - $250
g.  Recording fee - $129

With these costs clarified and understood, planning for actual closing expenses can be refined to streamline the process and minimize the potential of last-minute surprises.  In fact, upfront planning and preparation is key to a successful real estate transaction whether on the buyer or seller side.  For assistance in creating a plan customized for your budget and needs, feel free to contact me for a consultation. I will be happy to answer any questions you may have, help you to find a new 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
allyson@allyson.com

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

Facebook
Twitter
LinkedIn
Google +1
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 of OpenClipart-Vectors/pixabay.com

Chicago’s Memorial Day Parade

by Allyson Hoffman

Honor the men and women who made the ultimate sacrifice in defense of our country at Chicago’s Memorial Day Parade, Saturday, May 26th. Help commemorate the incredible work our soldiers do to protect this country as well as maintain our freedom. Show your support to the families who have lost loved ones at the Wreath Laying ceremony beginning at 11 AM in Daley Plaza. Gold Star Lapel Pins and Next of Kin Lapel Pins will be presented to the family as symbols of honor in remembrance of their loved ones. The Parade will then step off at 12 PM proceeding south on State Street from Lake Street to Van Buren Street.

Visit the City of Chicago’s official website for additional event invitation and be sure to show up to support and honor those who valiantly defended our country.

 

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
allyson@allyson.com

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

Facebook
Twitter
LinkedIn
Google +1
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 Ludovic Gauthier on Unsplash

Displaying blog entries 1-10 of 955

Syndication

Categories

Archives

Contact Information

Photo of Allyson Hoffman Real Estate
Allyson Hoffman
RE/MAX Villager
1245 Waukegan Road
Glenview IL 60025
847-310-5300
Fax: 847-400-0881

Listing Alerts

Be the first to know what's coming up for sale in the Chicago Illinois real estate market with our New Property Listing Alerts!

Just tell us what you're looking for and we'll email a daily update of all homes listed for sale since your last update. You can unsubscribe at any time.

Get Notifications

Quick Search

Contact Us

There are several ways to reach me. Call me at the number below for the quickest response or click the Contact us Online button. Thank you.

Allyson Hoffman
RE/MAX Villager
1245 Waukegan Road
Glenview, IL, 60025

(847) 310-5300
Allyson@Allyson.com

Contact Us Online