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Jim Starwalt - Grayslake, IL REMAX Realtor

A Home Warranty is NOT a Home Inspection

A negotiation point in the purchase contract is a home warranty.

Some sellers offer a home warranty as part of the sale. As your buyer's agent, we are going to ask to have a home warranty included in the purchase contract of the home.

A home warranty does NOT mean that you should skip doing a home inspection. Many home warranties will not cover any items considered to be a "pre-existing" condition.

You need to have a home inspection done and request any necessary repairs.

If after you have moved in, any items break down - check your home warranty and call the customer service number provided for the company.

Jim Starwalt

Thinking of making a move? Log onto my website at www.StarHomeFinders.com and search the Multiple Listing Service from over 150,000 homes for sale. Registering is quick and easy!

Jim Starwalt, Broker Associate RE/MAX Center, Phone: 847-548-2625 Jim@StarHomeFinders.com

8/24/2008 Chesapeake Farms, Grayslake Market Report: Past 6 Months

Under Contract
 
List Price Range # Listings Avg. Days on Mkt
$250,000 - $299,999 1 181
  
Under Contract Summary
 
# Units Avg. MT   Avg. List Price Max. List Price Min. List Price  
1 181   $264,900 $264,900 $264,900  
  
Active Listings
 
List Price Range # Listings Avg. Days on Mkt
$200,000 - $249,999 1 103
$250,000 - $299,999 8 120
$300,000 - $349,999 3 61
  
Active Listings Summary
 
# Units Avg. MT   Avg. List Price Max. List Price Min. List Price  
12 104   $282,858 $319,900 $243,500  
  
Sold Properties
 
Sold Price Range # Listings Avg. Days on Mkt
$200,000 - $249,999 2 77
$250,000 - $299,999 5 40
$300,000 - $349,999 1 39
  
Sold Properties Summary
 
# Units Avg. MT   Avg. Sold Price Max. Sold Price Min. Sold Price  
8 49   $278,125 $315,000 $245,000  

 

*This information is received from the Multiple Listing Service of Northern Illinois.

Jim Starwalt

Thinking of making a move? Log onto my website at www.StarHomeFinders.com and search the Multiple Listing Service from over 150,000 homes for sale. Registering is quick and easy!

Jim Starwalt, Broker Associate RE/MAX Center, Phone: 847-548-2625 Jim@StarHomeFinders.com

8/24/2008 Village Station, Grayslake Market Report: Past 6 Months

Under Contract
 
List Price Range # Listings Avg. Days on Mkt
$250,000 - $299,999 1 146
  
Under Contract Summary
 
# Units Avg. MT   Avg. List Price Max. List Price Min. List Price  
1 146   $259,900 $259,900 $259,900  
  
Active Listings
 
List Price Range # Listings Avg. Days on Mkt
$150,000 - $199,999 3 96
$200,000 - $249,999 13 163
$250,000 - $299,999 5 220
  
Active Listings Summary
 
# Units Avg. MT   Avg. List Price Max. List Price Min. List Price  
21 167   $237,960 $285,000 $169,000  
  
Sold Properties
 
Sold Price Range # Listings Avg. Days on Mkt
$200,000 - $249,999 5 143
  
Sold Properties Summary
 
# Units Avg. MT   Avg. Sold Price Max. Sold Price Min. Sold Price  
5 143   $226,200 $235,000 $205,000  
*This information is received from the Multiple Listing Service of Northern Illinois.

Jim Starwalt

Thinking of making a move? Log onto my website at www.StarHomeFinders.com and search the Multiple Listing Service from over 150,000 homes for sale. Registering is quick and easy!

Jim Starwalt, Broker Associate RE/MAX Center, Phone: 847-548-2625 Jim@StarHomeFinders.com

8/24/2008 Cherry Creek, Grayslake Market Report: Past 6 Months

Under Contract
 
List Price Range # Listings Avg. Days on Mkt
$150,000 - $199,999 1 334
$200,000 - $249,999 2 179
  
Under Contract Summary
 
# Units Avg. MT   Avg. List Price Max. List Price Min. List Price  
3 231   $204,267 $225,000 $182,900  
  
Active Listings
 
List Price Range # Listings Avg. Days on Mkt
$150,000 - $199,999 12 118
$200,000 - $249,999 5 123
  
Active Listings Summary
 
# Units Avg. MT   Avg. List Price Max. List Price Min. List Price  
17 120   $194,162 $219,900 $165,000  
  
Sold Properties
 
Sold Price Range # Listings Avg. Days on Mkt
$150,000 - $199,999 5 153
$200,000 - $249,999 1 223
  
Sold Properties Summary
 
# Units Avg. MT   Avg. Sold Price Max. Sold Price Min. Sold Price  
6 165   $190,250 $208,000 $178,500  

 

*This information is received from the Multiple Listing Service of Northern Illinois.

Jim Starwalt

Thinking of making a move? Log onto my website at www.StarHomeFinders.com and search the Multiple Listing Service from over 150,000 homes for sale. Registering is quick and easy!

Jim Starwalt, Broker Associate RE/MAX Center, Phone: 847-548-2625 Jim@StarHomeFinders.com

8/24/2008 Prairie Crossing, Grayslake Market Report: Single Family Homes: Past 6 Months

Under Contract
 
List Price Range # Listings Avg. Days on Mkt
$400,000 - $449,999 1 82
$450,000 - $499,999 2 323
  
Under Contract Summary
 
# Units Avg. MT   Avg. List Price Max. List Price Min. List Price  
3 243   $479,617 $499,900 $449,950  
  
Active Listings
 
List Price Range # Listings Avg. Days on Mkt
$350,000 - $399,999 4 135
$400,000 - $449,999 5 86
$450,000 - $499,999 10 121
$500,000 - $549,999 3 178
$550,000 - $599,999 2 111
  
Active Listings Summary
 
# Units Avg. MT   Avg. List Price Max. List Price Min. List Price  
24 122   $465,317 $570,000 $359,000  
  
Sold Properties
 
Sold Price Range # Listings Avg. Days on Mkt
$250,000 - $299,999 1 78
$300,000 - $349,999 1 23
$350,000 - $399,999 2 312
$400,000 - $449,999 1 109
$450,000 - $499,999 1 435
  
Sold Properties Summary
 
# Units Avg. MT   Avg. Sold Price Max. Sold Price Min. Sold Price  
6 211   $377,200 $462,000 $279,000  
*This information is received from the Multiple Listing Service of Northern Illinois.

Jim Starwalt

Thinking of making a move? Log onto my website at www.StarHomeFinders.com and search the Multiple Listing Service from over 150,000 homes for sale. Registering is quick and easy!

Jim Starwalt, Broker Associate RE/MAX Center, Phone: 847-548-2625 Jim@StarHomeFinders.com