Author: BAM Home Buyers

5 Benefits of Downsizing Your House in Chicago

By

In real estate today, less is more! There is a trend towards smaller homes for many reasons; families have fewer children on one end of the spectrum, the well-known 2.5 children under the age of 18 per household have dropped, now coming in at an average of 1.93. Often, homeowners find rooms that once were … Continued

How to Sell a House With Liens in Chicago

By

Should the process of a title search reveal existing liens, it can certainly clog up the gears on the sale of your home. A lien is a legal notice of an unpaid debt. For example, suppose you feel the claim details are incorrect or that the creditor filed the lien on your property in error. … Continued

How to Sell a House in Chicago That is Worth Less Than You Owe

By

When you’re upside down on your mortgage or owe more than the current market value, it can feel like your back is against the wall. Typically fluctuations in the economy cause downward trends in real estate pricing, which can have an ill effect on those with little to no equity, for whatever reason. Often, homeowners … Continued

5 Things You Should Know About Inheriting a Property in Chicago

By

How exciting! You’ve inherited a house! But wait, not so fast.  Without giving it much thought, many consider inheriting a house a windfall. However, the reality is that you may be inheriting a sinking ship that you’ll be responsible for, whether you can afford it or not. So while the best intentions may have motivated … Continued

How to Estimate the Costs When Selling Your House in Chicago

By

Selling your home on the Chicago market either on your own or with a real estate agent involves spending money out of pocket and settling up the remainder of the bill at the closing table. Adding up the numbers of a listing can be incredibly eye-opening; however, many homeowners fail to account for all the … Continued

What Chicago Home Sellers Need to Know About Closing Costs

By

Each step in the process of selling your home on the traditional market comes with a cost. Then, after all of the anticipation, you have finally sold your home, and the new focus becomes the complex closing process wherein the title on the home transfers to the new owners. So often, sellers’ purchase of their … Continued

4 Reasons to Sell Your Chicago House Directly

By

You are likely to avoid what you don’t understand; however, this often leads to missed opportunities. There are many different situations, issues with properties, and reasons for selling. When the time comes to sell your home, the traditional market and all the trappings of a real estate agent aren’t always a perfect fit. So, it’s … Continued

4 Tips for Selling an Old House in Chicago

By

While older homes are often quite charming, their age can be of concern to buyers. Because of the unique challenges that older homes can present, you must take special care to improve your odds of a deal. Therefore, we’ve gathered together our top four tips for selling an old house in Chicago. Price Believe it … Continued

How to Sell Your House With Unpermitted Work in Chicago

By

If you are planning to make changes to your home, err on the side of caution and find out if the work requires a permit. Never skip this step because getting out of the tangled web you create could become extremely tricky and expensive. For example, many homeowners attempt to cut corners and make home … Continued