Homes For Sale Buy Owner Or For RentNEW AS OF 08/15/2010 COMING SOON MNRCREDITREPAIR WILL BE COME PART OF MNR PROPERTY MANAGEMENT COMPANY FOR MORE INFO PLEASE CALL 773-941-4662 OR E MAIL US AT MNR.SERVICES@YAHOO.COM ALL HOMES THAT MNR PROPERTY MANAGEMENT IS HANDLING WILL HAVE FREE LISTINGS ON ARE SITE AND POSTED ON OTHER SITES TILL THEY ARE FILED 100% AT NO COST TO THE OWNER. CALL NOW AND START SAVING MONEY AND RENT YOUR HOME OR APARTMENTS WITH MNR FREE LISTINGS OF HOMES FOR SALE BUY OWNER OR FOR RENT. FOR MORE INFO E-MAIL US @ www.mnr.services@yahoo.com or Fax us @ 1-800-706-2715 WE DO SHORT SALES AS WELL CALL FOR MORE INFO 1800-706-2715 OR 773-941-4662 DO YOU NEED TO SELL NOW CHECK OUT THE LINKS BELOW
NEW UP DATE ABOUT BUYING A NEW HOME 03/07/2010 Apparently, developers feel they haven't been getting theirs. With new home development stalling, developers seem to think that the only way they can increase profitability is to build it into their work. Behold then, the latest financial scheme from the housing industry: a flip tax that gets paid to the developer every time the home gets sold. Reportedly, a New York company, Freehold Capital Partners, is signing up developers for this fee scheme left and right, though it refused to tell the WashPo just how many clients it now has. It's Web site, however, claims the owners of $300 billion in real estate projects have now gone into business with it. And as if we haven't learned a lesson about slice-and-dice packaging of mortgages, Freehold Capital apparently wants to "securitize" pools of transfer fees that can then be spun off and sold to investors New Listings 11/23/2009 7930 South Green - 1st Floor 3 bedrooms Living Room Kitchen with appliances (stove and refrigerator) Dining Room Hardwood floors, plenty of closet space, french doors, ceiling fan Tenant is responsible for own utilities Asking for $1100 (Section 8 is accepted) Ronald Watts - 773-848-4761 716 South Oakley - 2nd floor 4 Bedrooms Living Room Den Dining Room Kitchen 2 Bathrooms Carpeted Heating included. $1200 (Section 8 NOT accepted What are the deadlines? Those individuals buying their first home or a new primary residence must sign a contract by April 30th and close by June 30th 2010 as opposed to the November 30th 2009 deadline which has put home shoppers, real estate agents and mortgage brokers in quite a bind these past few months. Members of the military serving outside the United States for 90 days or more are also able to take advantage of these incentives. For those serving our country overseas, the tax credit would be extended an additional year, until June 30, 2011. Tax incentive advocate and former real estate executive Sen. Johnny Isakson reports that this tax break extension is the last. Work with your Supreme Lending mortgage professional to ensure your purchase meets the tax credit guidelines. Any restrictions? There has been an increase in the level of qualifying incomes for individuals and couples over the age of 18. Individual tax filers who make up to $125,000 are eligible, and couples making up to $225,000 a year also qualify. Those individuals who earn up to $145,000, or $245,000 jointly, would receive a smaller credit that drops as income rises. Though there has been a slight increase in qualifying incomes, the tax break was never designed to cater to those individuals at the high end of the market. Principal homes costing more than $800,000 are not eligible for the credit and neither are vacation homes Home Buyers Have Even More Tax Credits and Buyer Perks to Look Forward to In the Coming Year Congress is working on a new and even more generous set of perks for home buyers. With the November 30th first time home buyer deadline quickly approaching, the U.S. government has been working around the clock to roll out an extension for the $8,000 tax credit for first time home buyers. In addition to the tax break extension, the Senate has also introduced a new perk for current homeowners shopping for a new primary residence. Will you qualify? Learn about the tax incentive extension details and what it might mean for you and the housing market by reading on. Who qualifies for the credit? The tax break offers an $8,000 tax credit to those individuals buying their first home, those who have not owned a home in the past three years. The government is also offering a new perk for those homeowners shopping for a new primary residence. Those buying a new primary residence would be eligible for a $6,500 tax credit if they owned their current home for five consecutive years in the previous eight. Date: Saturday, November 28, 2009, 1:26 PM Home Mortgage - Time to stop renting! Shop for a Home Mortgage - Live the American dream. Whether you're purchasing a home or refinancing, a home mortgage will give you the deal you're looking for! Homes: About to get much cheaperIf you thought home prices were bottoming out, you may be wrong. They're expected to head a lot lower. Home values are predicted to drop in 342 out of 381 markets during the next year, according to a new forecast of real estate prices. Overall, the national median home price is predicted to drop 11.3% by June 30, 2010, according to Fiserv, a financial information and analysis firm. For the following year, the firm anticipates some stabilization with prices rising 3.6%. In the past, Fiserv anticipated the rapid decline in home-sale prices over the past few years -- though it underestimated the scope. Mark Zandi, chief economist with Moody's Economy.com, agreed with Fiserv's current assessments. "I think more price declines are coming because the foreclosure crisis is not over," he said. In fact, those areas with high concentrations of foreclosure sales will experience the steepest drops, according to Fiserv. Miami, for example, is expected to be the biggest loser. Prices are forecast to plunge 29.9% by next June -- after having already fallen a whopping 48% during the past three years. If Fiserv's forecast holds, Miami real median home price will tumble to $142,000 by June 2011. In Orlando, Fla., the second-worst performing market, Fiserv anticipates a 27% price collapse by June 2010, followed by a less severe drop the following year. In Hanford, Calif., prices are estimated to drop 26.9% and continue falling 9.5% in 2011; in Naples, Fla., they're expected to fall 26.8% and then flatten out. Descriptions: 926 W. Sunnyside Unit 1D - $1250/mo. - 1 year lease. Large recent gut rehab condo with 2 bedrooms plus bonus sun room. Heat, cable, and one secure parking space included in rent. Available immediately. No security deposit required, $300 move-in fee. Pets OK w/ additional rent. Please call 312-666-2323 to schedule a viewing. 2841 W. Monroe - $1800/mo. Large new construction 3 level single family home. 3 bedrooms, 2.5 baths w/ full, finished basement (w/ gas fireplace). Kitchen w/ stainless steel appliances, granite counter tops. Large bedrooms with ample closet space. 2 car secure parking in back. Private front and back yard with porches. Please call 312-666-2323 to schedule a viewing. 2128 W. Van Buren St. Unit #4 - $1500/mo. Large 2 bedroom, 2 full bath penthouse condo. Resale |
