Tag: property

Selecting a Neighborhood

Location preferences are driven by what is most important to you. However, you must qualify that by what you can afford. Firstly, you need to decide what type of property you’re most interested in (i.e. single family house, townhouse, condominium, 2-4 flat, etc). Then, given your price range the neighborhoods offering the type of property you’re interested

Chicago’s Logan Square Neighborhood

Located on the NW side of Chicago Logan Square has become a location in convenient proximity to Downtown Chicago.   It is only 6 “L” stops from Chicago’s Loop and reflects an artsy multi-ethnic diversity. The central commercial/business district runs along Milwaukee Avenue which is the longest boulevard in Chicago (about 40 miles long). Milwaukee

How Much Money Do I Need to Buy?

Obviously, there is a down payment required to start with. With a FHA loan the down payment is 3.5% of the purchase price. In addition there are closing costs. In today’s real estate market it is not unusual for the buyer to ask the seller to pay the buyer’s closing costs which would be included in the final agreed purchase price.

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