foreclosures

Home Sales in Buffalo Grove through December 11th

In reviewing the most recent sales in Buffalo Grove, 3 properties were Bank Owned and 4 properties were Foreclosures. One of the key factors in working with these properties is being Certified in this process which is the CDPE designation. It is key to be able to explain the difference as to what a Short Sale is and how that will help our clients maintain their credit. If you know of anyone who is having trouble with their mortgage and needs he lp please do give us a call at 847-465-3638.

Buffalo Grove Homes That Sold in December, 2009

Dec 1
3171 Indian Creek Court
$527,000

Dec 1
2433 Madiera Lane, Unit: 31-2433-1
$250,000

Dec 1
725 Grove Drive, Unit: 212 3

Dec 1
815 Grove Drive, Unit: 112 6

Dec 1
1127 Miller Lane, Unit: 112

Dec 2
203 Blossom Court, Unit: 1-6-12-R-Z
$215,000

Dec 2
641 Hapsfield Lane, Unit: 207
$135,000

Dec 2
328 Cottonwood Road
$246,000

Dec 3
820 Weidner Road, Unit: 208
$170,000

Dec 3
1147 Miller Lane, Unit: 2 105
$70,000

Dec 3
210 Old Oak Drive, Unit: 260

Dec 4
125 N. Buffalo Grove Road, Unit: #204

Dec 4
641 Silver Rock Lane

Dec 4
807 Weidner Court
$146,500

Dec 4
4 Villa Verde Drive, Unit: 212
$70,000

Dec 7
267 E. Fabish Drive, Unit: 8-22-E-267

Dec 7
795 Grove Drive, Unit: 204 6

Dec 8
14 River Oaks Circle
$430,000

Dec 8
774 Aspen Drive
$290,000

Dec 10
153 Willow Parkway, Unit: 62-2

Dec 11
430 Ronnie Drive

Dec 11
1009 Hilldale

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foreclosures

Should We Wait Until Next Year To Sell Our Home

I am currently at The Star Power Conference which is an Elite Group of Realtors from all over our country including Canada. These are Top Agents in their field and we are spending three days in sessions with Tops CEO’s and Economists learning how to address our changing markets and what we need to do to help our clients.

The general public thinks that if we wait for a year the market will get better. Today we head from the CEO at Re/Max. Dave Liniger stated as many others are saying that the next year in September the next wave of Balloon loans will mature and this will cause the foreclosure market to skyrocket.

He also said that the next 2 years will be like this year and we will not be in recovery for at least 3 years. So, with this being said if you need to sell your home, and decide to wait, the chances of the pricing being lower next year are almost a sure thing. The media is stating that home sales went up last month.

What they did not tell you was that the majority of the sales were short sales and foreclosures. If you need to sell you home, do not wait as that may be more expensive then you think.

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foreclosures

Home Sales In Buffalo Grove-Good News!

Everyone is concerned today about the real estate market and the number of homes for sale, foreclosures, and the value of their homes.  I just read this article on AOL regarding the home values in Buffalo Grove in the past several months and Buffalo Grove is doing better then most of the surrounding towns.  I wanted to pass this along as it is nice to have a bit of some good news!

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foreclosures

Great Article From The Administration Regarding Loan Modification

I was received this article from the White house on Loan Modification and it sounds like help is on the way.  Take a few minutes to read this one as you may not be in trouble, but you may be able to pass it on to a friend who is.

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