About Plainfield's Kensington Club

Are you looking to rent a single family home or townhome?

Then contact me today. My services to you are absolutely FREE. The landlord or sometimes seller pays my fee so you don't have to. Let me do the work for you. There are homes right now in the Multiple Listing Service for rent. I have access to these homes. Let me find one for you. It's easy.....all I need to know is what you are looking for and I will email you rental properties. You let me know which ones you are interested in and then we'll go see a couple. Next we write a rental agreement and we are on track to get you into that new rental property.....email me today!

About the author:

Cheryl Bowers is a Chicagoland Area Residential Real Estate Expert, who can assist you with the purchase and/or sale of real estate in Plainfield, Naperville, Aurora Illinois or any place in the country. She, also, has experience with residential rentals. Cheryl has created a team of professionals throughout the Chicago suburbs to ensure that you enjoy a smooth transition to your new area. Please visit www.cherylbowers.com for your real estate needs. Please give me a call if you have questions about the Plainfield, Naperville, and Aurora real estate market.

P.S. If you are listing your home as a short sale in DuPage, Will, Kane, or Kendall Counties in Illinois make sure you hire an agent who knows how to do short sales and has the experience to get the job done. Call me at 630-712-1921 to find out more about Short Sales in the Chicagoland Area.

Cheryl Bowers, REALTOR® (630) 712-1921

(Copyright © 2009 By Cheryl Bowers, Realtor. All Rights Reserved.)

The following homes have recently closed in the Kensington Club subdivision in Plainfield IL:

• 13040 Stockton Ave. closed on 1/07/09 for $268,000
• 24231 Bristol Ave. closed on 11/24/08 for $303,000
• 13053 Stockton Ave. closed on 11/03/08 for $315,000
• 24137 Newcastle St. closed on 2/24/09 for $320,000

The Kensington Club subdivision is located off of 127th St. just west of Rt. 59. The subdivision does have a $670 per year association fee that is paid annually that covers the neighborhood amenities such as the clubhouse, pool, and ponds.

The homes in Kensington Club were built between 2001 and 2004, and are conveniently located near shopping and dining.

The public school attendance zones for Kensington Club in Plainfield IL are:

• Eagle Pointe Elementary
• Heritage Grove Middle School
• Plainfield North High School

If you are looking for a new home in the Kensington Club subdivision, or anywhere in Plainfield IL, call me at 630-673-6233. I’d love to help you make Plainfield your new home!

Have a question or comment about the Kensington Club subdivision? Leave a comment!

Julie Ferenzi | Realtor®
Plainfield IL Homes
630-673-6233

Reverse Mortgages

What is a Reverse Mortgage?

• A Reverse Mortgage is a loan specifically designed for homeowners older than 62 years old.
• A homeowner borrows from the equity in their home. It can then be used for any purpose and does not need to be repaid until the homeowner sells the home, permanently moves out, or passes away.
• Rather than paying into a mortgage, homeowners tap into their equity for retirement support.
• The lending company makes regular payments to a homeowner during a specific period of time. The amount of payment is determined by the amount of equity the homeowner has in the home.
• The final payment is calculated not to exceed the home's selling price.

Please contact me for more in depth information about reverse mortgages and real estate. There is help in these times of uncertainty, please contact me with any questions and/or assistance. If I do not know the answer I will get it for you. I will never mislead or misinform you. I am here to help.

About the author:

Cheryl Bowers is a Chicagoland Area Residential Real Estate Expert, who can assist you with the purchase and/or sale of real estate in Plainfield, Naperville, Aurora Illinois or any place in the country. Cheryl has created a team of professionals throughout the Chicago suburbs to ensure that you enjoy a smooth transition to your new area. Please visit www.cherylbowers.com for your real estate needs. Please give me a call if you have questions about the Plainfield, Naperville, and Aurora real estate market.

Cheryl Bowers, REALTOR® (630) 712-1921

(Copyright © 2008 By Cheryl Bowers, Realtor. All Rights Reserved.)

Foreclosure Relief

Approximately 400,000 struggling homeowners could avoid foreclosure with a new FHA program, Hope for Homeowners. The program began October 1 of this year and ends September 30, 2011.

FHA will help homeowners with subprime loans refinance to an FHA insured 30 year fixed rate mortgage.

• Lender must agree to write down the loan as 90% of the appraised value.
• Eligible mortgages are those that were originated on or before January 1, 2008.
• Borrowers must have a debt to income ratio higher than 31 percent.

What's the catch.......
Homeowners must agree to share the future equity of the home with FHA when the home is sold or refinanced. After five years, the equity split is 50 percent.

There is help in these times of uncertainty, please contact me with any questions and/or assistance. If I do not know the answer I will get it for you. I will never mislead or misinform you. I am here to help.

About the author:

Cheryl Bowers is a Chicagoland Area Residential Real Estate Expert, who can assist you with the purchase and/or sale of real estate in Plainfield, Naperville, Aurora Illinois or any place in the country. Cheryl has created a team of professionals throughout the Chicago suburbs to ensure that you enjoy a smooth transition to your new area. Please visit www.cherylbowers.com for your real estate needs. Please give me a call if you have questions about the Plainfield, Naperville, and Aurora real estate market.

Cheryl Bowers, REALTOR® (630) 712-1921

(Copyright © 2008 By Cheryl Bowers, Realtor. All Rights Reserved.)