Open Houses THIS SUNDAY!

221 Keystone Ave, River Forest – Open from 1:30-3pm

831 Forest Ave, River Forest – Open from 1-3pm

815 N. Lombard Ave, Oak Park – Open from 12-1:30pm

745 S. Taylor Ave, Oak Park – Open from 12-2pm

728 S. Euclid Ave, Oak Park – Open from 1-3pm

936 Forest Ave, River Forest – Open from 1-3pm

627 Belleforte Ave, Oak Park – Open from 1-3pm

704 Monroe Ave, River Forest – Open from 1-3pm

1423 Lathrop Ave, River Forest – Open from 1-3pm

735 S. Kenilworth Ave, Oak Park – Open from 1-3pm

332 Lathrop Ave, River Forest – Open from 1-3pm

 

 

 

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Open Houses THIS WEEKEND!

Saturday the 13th

805 N. Taylor Ave, Oak Park – Open from 11-1pm

2045 N. Kedzie Ave, #D2, Chicago – Open from 11:30-1pm

Sunday the 14th

1131 N. Oak Park Ave, Oak Park – Open from 12-2pm

1812 N. 77th Ave, Elmwood Park – Open from 1-3pm

707 N. Marion Street, Oak Park – Open from 1-3pm

1213 Edmer Ave, Oak Park – Open from 11-12:30pm

1029 Clarence Ave, Oak Park – Open from 1-3pm

634 S. Elmwood Ave, Oak Park – Open from 1-3pm

142 S. Scoville Ave, Oak Park – Open from 1-3pm

512 Thatcher Ave, River Forest – Open from 1-3pm

555 Clinton Place, River Forest – Open from 1-3pm

417 Lathrop Ave, #3E, River Forest – Open from 12-2pm

815 N. Lombard Ave, Oak Park – Open from 11:30-1pm

747 William Street, River Forest – Open from 1:30-3pm

638 N. Kenilworth Ave, Oak Park – Open from 1-3pm

 

 

 

Open Houses THIS SUNDAY!

1740 N. 79th Court, Elmwood Park – Open from 12-2pm

1812 N. 77th Ave, Elmwood Park – Open from 1-3pm

555 Clinton Place, River Forest – Open from 1-3pm

417 Lathrop Ave, #3E, River Forest – Open from 1-3pm

747 William Street, River Forest – Open from 1:30-3pm

815 N. Lombard Ave, Oak Park – Open from 11:30-1pm

924 Ashland Ave, River Forest – Open from 1-3pm

825 Clarence Ave, Oak Park – Open from 1-3pm

438 Lenox Street, Oak Park – Open from 12-2pm

Open Houses THIS SUNDAY!

638 N. Kenilworth Ave, Oak Park – Open from 1-3pm

174 N. Ridgeland Ave, Oak Park – Open from 12-2pm

1423 Lathrop Ave, River Forest – Open from 1-3pm

512 Thatcher Ave, River Forest – Open from 1-3pm

142 S. Scoville Ave, Oak Park – Open from 11-12:30pm

728 S. Euclid Ave, Oak Park – Open from 1-3pm

1213 Edmer Ave, Oak Park – Open from 1-3pm

944 N. Humphrey Ave. Oak Park – Open from 1-3pm

1740 N. 79th Court, Elmwood Park – Open from 12-2pm

232 N. Scoville Ave, Oak Park – Open from 1-3pm

1115 N. Oak Park Ave, Oak Park – Open from 11-12:30pm

815 N. Lombard Ave, Oak Park – Open from 1:30-3pm

1132 Fair Oaks Ave, Oak Park – Open from 12-2pm

1619 N. 77th Court, Elmwood Park – Open from 1-3pm

747 William Street, River Forest – Open from 1-3pm

825 Clarence Ave, Oak Park – Open from 1-3pm

735 S. Kenilworth Ave, Oak Park – Open from 1-3pm

 

 

Tips for Negotiating In A Seller’s Market

Get Pre-Approved:

When it comes to buying a property, getting pre-approval for a mortgage is a must, and it’s an absolute must in a seller’s market. You want to be able to negotiate and close quickly. Having a custom pre-approval letter from the mortgage lender when making the offer shows you’re serious and ready to make a deal. The letter should indicate the lender has already received and approved your credit history and verification of income. It should have only limited conditions, such as ‘continued level of income of buyer’ and ‘satisfactory appraisal of property.

Understand the Market Value Range:

Prices can get crazy in a seller’s market, but do not get drawn into an unrealistic price. Remember, even when home inventory is limited, other homes are or will become available. While there are several online programs to instantly provide a ‘Market Price,’ these by nature draw from general information and can be wildly inaccurate. Make sure your real estate agent does a market analysis for each home prior to submitting an offer, and if you receive a counteroffer, it is a good idea to have your agent do it again. There may be a sensible reason to raise your offering price, as well as a good reason to back off. Your agent can factor in expected changes to the area as well as which homes in the area are comparable and which are not.

Avoid Low Ball Offers:

A seller’s market is not the time to make a low-ball offer. When there are fewer homes for sale, buyers tend to submit higher and full-price offers. Your real estate agent will be able to guide you on an offer that will not only entice the owner but also compete with other potential offers.

Show You’re Serious:

Money talks when it comes to real estate. If you’re serious about a property, larger earnest money shows the seller you’re serious and already have money on hand. It makes your offer more appealing!

Don’t Expect Everything:

Sellers have the upper hand when it comes to selling in a seller’s market. Buyers can’t be too choosy, especially when the competition is high. If you’ve found a house and there are multiple offers, don’t make demands that will make a seller turn down your offer. If a seller has made it clear that the appliances are not staying, don’t demand them. If there are cosmetic things you don’t like, don’t make the sale contingent upon those items being fixed. Your real estate agent will be able to offer advice on ways to make your offer more attractive to a seller.

Use Knowledge To Your Advantage:

One way to negotiate with an offer is to learn more about the seller. Does the seller need extra time to vacate the property because s/he is waiting on another property? Use that to your advantage and allow that time in your offer. Is the property on the market because the owner must take a job in another city or state? You can make the closing quick to help accommodate his/her needs.

Finding a home when inventory is low can be a difficult task. If you’re on the hunt for a home and live in a city with a competitive real estate market, make the challenge a little less difficult by being prepared. When you finally find that perfect property, do not forget the asset you have in your real estate agent. Together you’ll be able to make a deal that gets you your dream home.

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Open Houses THIS SUNDAY!

704 Monroe Ave, River Forest – Open from 1:30-3:30PM

438 Lenox Street, Oak Park – Open from 12-2PM

417 Lathrop Ave, #3E, River Forest – Open from 12-2PM

747 William Street, River Forest – Open from 1-3PM

1740 N. 79th Court, Elmwood Park – Open from 11-1PM

1115 N. Oak Park Ave, Oak Park – Open from 1-3PM

305 N. Lombard Ave, Oak Park – Open from 1-3PM

1213 Edmer Ave, Oak Park – Open from 2-4PM

232 N. Scoville Ave, Oak Park – Open from 12-2PM

4741 N. Maplewood Ave, Chicago – Open from 1-3PM

735 S. Kenilworth Ave, Oak Park – Open from 1-3pm

1619 N. 77th Court, Elmwood Park – Open from 1-3pm

 

 

Open Houses THIS SUNDAY!

747 William Street, River Forest – Open from 1-3pm

1422 William Street, River Forest – Open from 1-3pm

1140 Jackson Ave, River Forest – Open from 1-3pm

949 Fair Oaks Ave, Oak Park – Open from 12-2pm

1423 Lathrop Ave, River Forest – Open from 11-1pm

142 S. Scoville Ave, Oak Park – Open from 11-1pm

1213 Edmer Ave, Oak Park – Open from 2-4pm

1131 N. Oak Park Ave, Oak Park – Open from 1-3pm

911 Thomas Ave, Forest Park – Open from 1-3pm

944 N. Humphrey Ave, Oak Park – Open from 12-2pm

924 Ashland Ave, River Forest – Open from 1-3pm

634 S. Elmwood Ave, Oak Park – Open from 1-3pm

1740 79th Court, Elmwood Park – Open from 12-2pm

320 Wesley Ave, Oak Park – Open from 1-3pm

 

Open Houses THIS SUNDAY!!!

924 Ahsland Ave, River Forest – Open from 1-3pm

221 Keystone Ave, River Forest – Open from 1-3pm

1422 William Street, River Forest – Open from 12-2pm

554 Thatcher Ave, River Forest – Open from 2-4pm

1140 Jackson Ave, River Forest – Open from 1-3pm

949 Fair Oaks Ave, Oak Park – Open from 1-3pm

1423 Lathrop Ave, River Forest – Open from 1:30-3:30pm

506 Uvedale Road, Riverside – Open from 1-3pm

1132 Fair Oaks Ave, Oak Park – Open from 1-3pm

142 S. Scoville Ave, Oak Park – Open from 1-3:30pm

728 S. Euclid Ave, Oak Park – Open from 1-3pm

1213 Edmer Ave, Oak Park – Open from 12-2pm

438 Lenox Street, Oak Park – Open from 1-3pm

707 N. Marion Street, Oak Park – Open from 1-3pm

944 N. Humphrey Ave, Oak Park – Open from 1-3pm

1136 Ontario Street, #3B, Oak Park – Open from 11-12:30pm

945 Keystone Ave, River Forest – Open from 10:30-12pm

635 Hinman Ave, Unit 1B, Evanston – Open from 1-3pm

6966 N. Wolcott Ave, Unit 3, Chicago – Open from 1-3pm

1619 N. 77th Court, Elmwood Park – Open from 1-3pm

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