Looking for a townhome, condo, quad in the Bartlett area? This is a great time to get your first home, move to a smaller home, or move to a larger home. Interest rates are great and recently lowered despite all the media hype and is available to all with fairly decent credit. In fact, I do still have 100% financing if that is your requirement!
SITTING ON THE FENCE HAS TO START HURTING AFTER AWHILE! LET ME HELP YOU GET IN THE GAME!
These are the current market numbers and availability for Multi-family or attached homes in Bartlett, IL. The best selections are in the $200,000 to $250,000 range and we've got great larger executive styled homes for price ranges above that up to $546,000! The median listing price for Bartlett is $250,000 and the Average Market Time is 131 days. Some "handyman specials" and "fixer uppers" are available for buyers trying to get "instant equity" in the market by doing the work themselves!
FIND OUT A LITTLE ABOUT THE BARTLETT COMMUNITY!
| Lyn Sims at RE/MAX Suburban (847)230-7324 4/1/08 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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To search for homes currently available in the surrounding Bartlett area, please go directly to my HOMESEARCH to get started.
Other interesting articles for 'SELLERS' or 'BUYERS' are also available at my website to make you market "savvy" before you start your home adventure!
A real estate agent, such as myself, Lyn Sims, has all the available properties for sale listed in one place (MLS) for you to look at. No hopping around from site to site! Most listings now have virtual tours and multiple interior pictures so you can get a complete feel for the homes qualities and room sizes. Another important step that must be taken first is to get prequalified for a loan BEFORE you begin your home search! I can also help with any questions that you might have in the mortgage/loan area also because I've been thru the process before!
I look forward to working with you on a great adventure called "finding your new home".
My Bio and Qualifications can be found here for you to see. I've got alot
of experience selling homes in the area!
Lyn Sims, RE/MAX Suburban 847-230-7324 EMAIL ME AT LynSims@remax.net
I can help you find a home in Bartlett, Carol Stream, South Elgin, Elgin, Hanover Park, Medinah, Schaumburg, Itasca, Hoffman Estates, Palatine, Bloomingdale, Roselle, Streamwood, Elk Grove Village and St. Charles.
"Blog Dog"©2008 Lyn Sims
Want to sell your home but you owe more than what it's worth?
Are you trying to sell your home by taking what you owe + Realtor Fees?
I speak to homeowners daily that just want to get out but don't know of a solution. The hard reality is that most homeowners today have zero equity and have a loss on their property if they bought recently. It takes 8 to 10% appreciation to "break even" on the sale of a home in our area.
PUNCHING UP THE NUMBERS AND NOT SEEING THE MATH WORK NO MATTER HOW YOU TRY? The answer just might be a SHORT SALE!
What is a Short Sale?
In a short sale, a financially insolvent homeowner who is facing foreclosure sells his home for less than the value of his loan. The lender accepts the sale as payment in full for the loan. A short sale gives a homeowner a way out of foreclosure and is usually financially advantageous for lenders. We call this a WIN-WIN.
The seller won't get any money out of the deal, but they will avoid the emotional turmoil of foreclosure. This is fair. If the lender is losing money, the seller shouldn't be making money.
The seller won't have "foreclosure" on his credit report but it will show all the missed mortgage payments.
So what is Foreclosure?
A legal process in which a lender takes the title or forces the sale of a property as a result of the borrower's failure to comply with the terms and conditions of the mortgage. The timeline for foreclosure will vary from state to state and from lender to lender. However, the process can begin with the homeowner's first missed payment. If the homeowner doesn't send a payment or make payment arrangements 16-30 days after the first missed payment, the lender will begin adding late charges. In an attempt to collect, the lender may call the homeowner and send collection letters. Approximately 45-60 days after the missed payment, if no other payments or payment arrangements were made, the lender will notify the homeowner the loan is in default. Usually the homeowner will have 30 days to send the missed loan payments plus late fees to avoid foreclosure.
After about 90-105 days, the lender will send the homeowner a Notice of Intent to Foreclose. This notice initiates the legal proceedings of foreclosure and is usually publicized at the courthouse and in the newspaper.
ILLINOIS FORECLOSURE TIMELINE
Depending on the state, the home will be offered usually at auction after 150-415 days. Again depending on the state, after the home has been offered at auction, it may go into a redemption period. In the redemption period, the homeowner can buy back his home if he can pay the lender the entire loan plus additional fees that have accrued. Not all states have a redemption period.
The home becomes Real Estate Owned (REO) by the lender if it doesn't sell at auction.
3 Myths and Truths about Foreclosure
Do you Qualify?
Facing foreclosure does not automatically make someone a good candidate for a short sale. If a homeowner has money or assets elsewhere, the lender will not be interested in negotiating a short sale. Remember a short sale will usually cost the lender less than a foreclosure, but the lender is still losing lots of money.
The homeowner should be able to demonstrate a hardship that caused him to miss his payments. This information will be added to the short sale proposal. The homeowner will write a note about what happened and will compile the supporting documentation. If the homeowner's loan rate adjusted, obtain copies of the loan statements. If the homeowner encountered medical issues, gather copies of those bills. If a spouse died, include a copy of the death certificate.
Basically the homeowner must be financially insolvent. The homeowner must have no means of meeting the loan obligation and must have no other options. A short sale is not for people who simply regret bad financial decisions.
Lets talk and see if I can help you! (847)230-7324 or EMAIL LynSims@remax.net EVERYTHING IS TOTALLY CONFIDENTIAL!
Need a Short Sale Specialist?
Want to purchase a REO property? Need a list of Foreclosures in your area?
Lyn Sims at RE/MAX Suburban (847)230-7324
Website: www.LynSims.net
Lyn is a 20+ year veteran who works the Northwest Suburban Chicago areas of Schaumburg, Hoffman Estates, Elk Grove Village, Palatine, Medinah, Itasca, Carol Stream, Bartlett, Bloomingdale, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles.
"Blog Dog"©2008 Lyn Sims
Looking for a townhome, condo, duplex or quad in the Streamwood area? This is a great time to get your first home, 
move to a smaller home, or move to a larger home. Interest rates are great and recently lowered despite all the media hype and is available to all with fairly decent credit. In fact, I do still have 100% financing if that is your requirement!
SITTING ON THE FENCE HAS GOT TO HURT AFTER AWHILE! LET ME HELP GET YOU IN THE GAME!
These are the current market numbers and availability for Multi-family or attached homes in Streamwood, IL. The best selections are in the $150,000 to $199,900 range and we've got great larger executive styled homes for price ranges above that up to $479,000! The median listing price for Streamwood is $196,500 and the Average Market Time is 140 days. Some "handyman specials" and "fixer uppers" are available for buyers trying to get "instant equity" in the market by doing the work themselves!
| Lyn Sims at RE/MAX Suburban (847)230-7324 4/1/08 | |||||||||||||||||||||||||||||||||||||||||||||
| Active Listings for Streamwood Townhomes, Quads, Condos, Duplexes | |||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||
| Active Listings Summary | |||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||
To search for homes currently available in the surrounding Streamwood area, please go directly to my homesearch page to get started.
Other interesting articles for 'SELLERS' or 'BUYERS' are also available at www.LynSims.net to make you market "savvy" before you start your home adventure!
A real estate agent, such as myself, Lyn Sims, has all the available properties for sale listed in one place (MLS) for you to look at. No hopping around from site to site! Most listings now have virtual tours and multiple interior pictures so you can get a complete feel for the homes qualities and room sizes. Another important step that must be taken first is to get prequalified for a loan BEFORE you begin your home search! I can also help with any questions that you might have in the mortgage/loan area also because I've been thru the process before!
I look forward to working with you on a great adventure called "finding your new home".
My Bio and Qualifications can be found here for you to see. I've got alot of experience in the area!
Lyn Sims, RE/MAX Suburban 847-230-7324 EMAIL ME AT LynSims@remax.net
Northwest Suburban Chicago IL areas of Streamwood, Elgin, South Elgin, Bartlett, Hanover Park, Medinah, Itasca, Hoffman Estates, Palatine, Carol Stream, Schaumburg, Bloomingdale, Roselle, Elk Grove Village and St. Charles.
"Blog Dog"©2008 Lyn Sims
Want to sell your home but you owe more than what it's worth?
Are you trying to sell your home by taking what you owe + Realtor Fees?
I speak to homeowners daily that just want to get out but don't know of a solution. The hard reality is that most homeowners today have zero equity and have a loss on their property if they bought recently. It takes 8 to 10% appreciation to "break even" on the sale of a home in our area.
PUNCHING UP THE NUMBERS AND NOT SEEING THE MATH WORK NO MATTER HOW YOU TRY? The answer just might be a SHORT SALE!
What is a Short Sale?
In a short sale, a financially insolvent homeowner who is facing foreclosure sells his home for less than the value of his loan. The lender accepts the sale as payment in full for the loan. A short sale gives a homeowner a way out of foreclosure and is usually financially advantageous for lenders. We call this a WIN-WIN.
The seller won't get any money out of the deal, but they will avoid the emotional turmoil of foreclosure. This is fair. If the lender is losing money, the seller shouldn't be making money.
The seller won't have "foreclosure" on his credit report but it will show all the missed mortgage payments.
So what is Foreclosure?
A legal process in which a lender takes the title or forces the sale of a property as a result of the borrower's failure to comply with the terms and conditions of the mortgage. The timeline for foreclosure will vary from state to state and from lender to lender. However, the process can begin with the homeowner's first missed payment. If the homeowner doesn't send a payment or make payment arrangements 16-30 days after the first missed payment, the lender will begin adding late charges. In an attempt to collect, the lender may call the homeowner and send collection letters. Approximately 45-60 days after the missed payment, if no other payments or payment arrangements were made, the lender will notify the homeowner the loan is in default. Usually the homeowner will have 30 days to send the missed loan payments plus late fees to avoid foreclosure.
After about 90-105 days, the lender will send the homeowner a Notice of Intent to Foreclose. This notice initiates the legal proceedings of foreclosure and is usually publicized at the courthouse and in the newspaper.
ILLINOIS FORECLOSURE TIMELINE
Depending on the state, the home will be offered usually at auction after 150-415 days. Again depending on the state, after the home has been offered at auction, it may go into a redemption period. In the redemption period, the homeowner can buy back his home if he can pay the lender the entire loan plus additional fees that have accrued. Not all states have a redemption period.
The home becomes Real Estate Owned (REO) by the lender if it doesn't sell at auction.
3 Myths and Truths about Foreclosure
Do you Qualify?
Facing foreclosure does not automatically make someone a good candidate for a short sale. If a homeowner has money or assets elsewhere, the lender will not be interested in negotiating a short sale. Remember a short sale will usually cost the lender less than a foreclosure, but the lender is still losing lots of money.
The homeowner should be able to demonstrate a hardship that caused him to miss his payments. This information will be added to the short sale proposal. The homeowner will write a note about what happened and will compile the supporting documentation. If the homeowner's loan rate adjusted, obtain copies of the loan statements. If the homeowner encountered medical issues, gather copies of those bills. If a spouse died, include a copy of the death certificate.
Basically the homeowner must be financially insolvent. The homeowner must have no means of meeting the loan obligation and must have no other options. A short sale is not for people who simply regret bad financial decisions.
Lets talk and see if I can help you! (847)230-7324 or EMAIL LynSims@remax.net EVERYTHING IS TOTALLY CONFIDENTIAL and HELD IN STRICT CONFIDENCE!
Need a Short Sale Specialist?
Want to purchase a REO property? Need a list of Foreclosures in your area?
Lyn Sims at RE/MAX Suburban (847)230-7324 www.LynSims.net
Lyn is a 20+ year veteran who works the Northwest Suburban Chicago areas of Schaumburg, Hoffman Estates, Elk Grove Village, Palatine, Medinah, Itasca, Carol Stream, Bartlett, Bloomingdale, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles.
AVOID FORECLOSURE FORECLOSURE HELP FORECLOSURE LISTINGS
HOME FORECLOSURE PRE-FORECLOSURE REO
STOP FORECLOSURE
Why Banks do Short Sales
Illinois placed in the top 10 nationally in foreclosure filings for 2007 at 90,782 posted filings. The 2006 figure was 64,310 which is up dramatically. The 2007 number represents 1.25% of the total households in Illinois. The national average is 1.03%. The good news is that 98.75% of all Illinois households are NOT in foreclosure.
The high foreclosure numbers are causing fewer people to offer up bids at the sheriff's sale. The large mortgage amounts, along with back taxes, attorney's fees and other liens are making it impractical for third parties to pick up any bargains. The bank is forced to pick up the property. These bank owned properties are known as REO's. The REO properties are later sold, or auctioned at a much greater discounted rate. Also, once the bank acquires the REO, now as owners, they take on all the carrying costs of ownership (taxes, association, utilities, maintenance). The net doesn't get better, it gets worse. That's why short sales take place. The banks will loose more money later than they will on the front end.
CAN'T MAKE YOUR PAYMENTS AND NEED HELP?
Totally Confidential!
NEED A SHORT SALE SPECIALIST? Help is just a phone call away!
I WANT TO BUY A FORECLOSURE-REO PROPERTY.
LYN SIMS at RE/MAX SUBURBAN (847)230-7324
Lyn is a 20+ real estate veteran who works in the Northwest Suburban Areas of Elk Grove Village, Schaumburg, Hoffman Estates, Medinah, Itasca, Roselle, Carol Stream, Bloomingdale, Bartlett, Elgin, South Elgin, Hanover Park, Streamwood, St. Charles.
Lyn's Email: LynSims@remax.net www.LynSims.net
*Provided by the Law Office of Gary Lundeen (630)351-6560
"Blog Dog"©2008 Lyn Sims
Broker and Dog with a Blog! Associated with the area's top listing and selling company for over 25 years! Social Media Agent gets top in internet presence in the Northwest Suburban Chicago Area.
You can feel confident that whether it's pricing your home, qualifying the purchaser, negotiating a contract, lining up financing, coordinating the closing, displaying the latest advertising techniques or just explaining the entire process ... you can always rely on her ability to guide you thru the whole process!
Above all, you'll know she has the confidence and the experience to get the job done!
The bottom line for you as a seller is more money in your pocket, the bottom line for you as a buyer is saving money with a better purchase price!
Working with one of the largest and most successful firms in the area, I can give you the greatest competitive advantage whether buying or selling!
Lyn's website is one of the top 75 RE/MAX agent websites in the Northern Illinois Region for 2006, 2007 and 2008 (Hey there's 3200 total agents). This brings in more buyer traffic for your home.
You will have confidence that with over 25 years experience, she knows how to negotiate the best price for you in today's market.
Earning a Brokers designation has provided her with the advanced marketing knowledge required to sell homes faster, and for more money in today's competitive marketplace.
You have the assurance that she has been working hard right in your neighborhood year after year - full time.
You need a competitive advantage! Being with one of the largest and most successful firms in the area, she can deliver that in this tough market. Gone are the days when homes 'sell themselves'.
You deserve effectiveness! While other companies are barely holding their market share, we are outproducing our competitors year after year! Within the Northwest Suburban Market Area (MRED) for 2008, RE/MAX had 28.3% of market share! That's 1 out of every 4 homes in the area were sold by us - no one comes close to our results! DuPage County Results
Just in the Bartlett Area alone, RE/MAX has 42% of market share! That's over 1 out of every 3 homes sold there! Click here for the results!
Click here for the results in Streamwood Click here for results in Hanover Park
IF YOU WANT TO BUY .... LYN WILL ....
IF YOU WANT TO SELL . . . . LYN WILL . . . .
MY COMMITMENT TO YOU!
I Promise ..... To provide the highest degree of honesty and integrity, coupled with professional and effective service for all the clients I represent. I will never tell a client anything but the truth, I will never promise anything I can not or will not deliver.
I Promise ..... To monitor and coordinate every transaction from contract to closing with the support of my staff and every one involved in the sale of your property. To conduct a professional and trouble free closing.
I Promise ..... To help my client receive the best possible price for their home based upon the market and economic conditions.
I Promise ..... To continually strive for excellence in my profession, to look for more effective ways to better service my clients.
THIS IS MY PERSONAL DEDICATION TO ALL MY CLIENTS!
Past Client Testimonials:
She is a 'Can Do' person that makes you feel good about the whole process of selling your home. From the very beginning we felt so comfortable with her and had great confidence in her experience and knowledge of the Real Estate market. After our first meeting with her, we knew she was the agent for us. She guided us through the whole process with helping us with presentation and never letting us lose hope, even in these difficult times with the market. She was always coming up with fresh, new, and innovative marketing techniques to stimulate interest and market our place. She also always kept you well informed on what was happening in the Real Estate market in our area with updates on listings, and sales.
You could not ask for a more knowledgeable, and dedicated agent than Lyn Sims. You always knew she was there for you with good advice and the knowledge that she was always looking out for your best interest. When we had a problem, she was the one we knew if we called her, she would come up with a very workable solution. We will always value her professionalism and friendship and would recommend her to all our friends.- J.B. and S.B., Freeport, formerly of Schaumburg
"Purchasing my first home was very exciting for me and I appreciate you being there to guide me through. Thanks so much for all your help!"
- C.D., Bloomingdale
"She proved to be knowledgeable and professional every step of the way. She gave expert advice and kept me continually informed!"- G.R., Schaumburg
"You've helped me in so many ways since I started my search for this home. I'll always recommend you to my friends!"- J.D., Schaumburg
"She is a hard working and aggressive agent! We would not hesitate to recommend her to others who are in the market to buy and sell a home!"- P.G., Buffalo Grove
"Lyn's cooperation, resourcefulness & willingness to do whatever was necessary to overcome a variety of difficulties we encountered with our home sale was most appreciated!"- M.K., Inverness
"I appreciated her cheerful, courteous disposition and perseverance in finding new ways to market my home!"
- P.H., Wilmette
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