Senate Bill 3334 (SB3334) – Foreclosures and Short Sales will now be reflected in Property Tax Assessments

FINALLY!!  Senate Bill 3334 (SB3334) is effective 7/16/2010. It amends the Illinois Property Tax Code to require that foreclosures and short sales be taken into account in reviewing and correcting property tax assessments.  That is HUGE news for homeowners!  I would suggest that everyone in Naperville, Plainfeld, Oswego or any Chicago suburbs dispute your property tax assessments now that we can... [Read more...]

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Churchill Club Oswego #308 Calendars 2010-2011

Hi Everyone, Hope you find the 2010-2011 Oswego School Year calendars helpful!  We highlighted all the significant school days (ie 1/2 day, 5 hr day, Teacher/Institute Day, holidays, Winter Break, Spring Break, etc). We live in Churchill Club ourselves and our kids go to Churchill and Plank Jr High.  He have a vested interest in our neighborhood and can help you with an questions, recommend contractors,... [Read more...]

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Short Sale Approval Letters

If you are looking for a experienced Short Sale Realtor in Naperville, Plainfield, Oswego or any suburb of Chicago, you have come to the right place!  If you are in the position where you have to perform a Short Sale, we hope to earn your business and will work hard to exceed your expectations!  Our Number 1 Goal is to get your Short Sale APPROVED!!  We will keep you informed every step of the way... [Read more...]

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10 Alternatives to Foreclosure

The current U.S. housing market and national financial crisis has caused untold stress and heartache for many American families. Foreclosure is one of the most devastating financial challenges that a family can face and one that many times can be avoided. The options available to the greater Naperville-Plainfield-Oswego residents for foreclosure are many. Following is a brief explanation of these... [Read more...]

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7 Short Sale Myths

Don’t let one of these myths land you and your family in foreclosure… A short sale can be an excellent solution for homeowners who must sell, and owe more on their homes than they are worth. Unfortunately, a number of myths about short sales have developed, and it is important to understand the reality of this process should you find it meets your current needs.  When you are ready to... [Read more...]

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Differences between a Foreclosure and a Short Sale

A Short Sale occurs when a lender agrees to discount a loan balance due to a financial hardship on the part of the borrower. A short sale is negotiated done through the Bank’s Loss Mitigation department. The distressed homeowner hires The Ayers Team to list, market and sell the property for its current market value, even if less than the outstanding balance of the loan. Since the lender is receiving... [Read more...]

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Why Use a Realtor with the e-PRO Designation?

A short guide for the Internet consumer When you’re on the Internet, you don’t have time to waste on endless searches for useful real estate information. You want to get things done quickly and without hassle. So chances are you’d like a real estate agent who Answers e-mail promptly and professionally. Respects your on-line privacy. Offers home listings and other Internet tools... [Read more...]

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6 Tips to Profitable Real Estate Investing

Have you been thinking of investing in a foreclosed home?   Well, you should be!  We have been helping investors buy foreclosures in Naperville, Plainfield, Oswego and the western suburbs of Chicago for a few years now.  We buy foreclosures for ourselves as well.  We also manage investment properties for our investors and homeowners (who have become overnight investors!) Here are 6 Tips we have... [Read more...]

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Second Wave of Home Foreclosures Soon to Arrive! Investor Opportunity!

Get ready for the next wave of mortgage foreclosures!  I saw the chart in this video a few months ago posted by Credit Suisse.  It shows that we are only halfway through the mortgage crisis.  The video below is from a recent 60 Minutes episode.  It is about 10 minutes and is a MUST VIEW!! There is going to be another LARGE wave of foreclosures in 2010 and 2011.  The first wave of defaults we... [Read more...]

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A Naperville Buyers Market is a Trading Up Market

I’ve had quite a few conversations in the last few weeks with Naperville homeowners that want to sell their home.  They don’t want to take a loss on their home but still want to take advantage of the super low interest rates and low prices of other Naperville real estate. I pointed out that when you are moving up in a market like this you are most likely gaining equity.  I tried to illustrate... [Read more...]

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