What is Rent Control?
If you're a renter in Chicago, or a real estate investor, then you may have heard of rent control ordinances and the heated debate surrounding these policies. By simple definition, rent control is legislation that puts a limit on rental rates (the max rent that can be charged for a unit, as well as the amount that the rent can be increased per year). Currently, Chicago has a ban on rent control ordinances. To give you a brief summary, here are a few of the key talking points to consider.
Using a Buyers' Agent is Free! Here are the Top Three Reasons to Use an Agent When Buying a Home.
Hey first-time homebuyers! You're ready to take the leap into homeownership but perhpas feeling a little overwhelmed by the process. Did you know that it is free to use an experienced licensed buyers' agent? Partnering with a real estate agent can make your homebuying journey a whole lot smoother! Here are my top three reasons to use an agent when buying a home.
Renting versus Buying a Home: how much home can you afford?
Hey Chicago Renters, if you have a lease ending soon, you may want to consider your options in terms of a home purchase. You would be surprised at how much home you can afford that might actually be cheaper than your current monthly rent!
Benefits of purchasing a home in Chicago
Why choose Chicago? Whether you're thinking about moving here for the first time, or considering a long-term home purchase, here are a few of my favorite things about my hometown.
Are there limits to how much money you can borrow to purchase your home?
Are there limits to how much money you can borrow to purchase your home? The answer is "yes." The federal entities that oversee and set guidelines for mortgage loans have just announced an increase in the amount you can borrow when purchasing your home. So for 2023, you can borrow up to $726,200 to purchase a home with as little as 5% down payment.
Save money on your property tax bill
Looking to save money on your property tax bill? Check out these tips.
Selling your home in the winter
Hey Chicago homeowners, selling your home during the cold winter months can be challenging. However, with some added preparation, we can make your home the most appealing, inviting property for buyers.