lake county real estate. and then some…

selling homes…a family tradition


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The anticipated rising prices in 2018 will help you build financial wealth…

How Rising Prices Will Help You Build Family Wealth in 2018

How Rising Prices Will Help You Build Family Wealth in 2018 | MyKCM

Over the next five years, home prices are expected to appreciate on average by 3.35% per year and to grow by 24.34% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey.

So, what does this mean for homeowners and their equity position?

As an example, let’s assume a young couple purchases and closes on a $250,000 home this month (January). If we only look at the projected increase in the price of that home, how much equity will they earn over the next 5 years?

How Rising Prices Will Help You Build Family Wealth in 2018 | MyKCM

Since the experts predict that home prices will increase by 4.2% in 2018, the young homeowners will have gained $10,500 in equity in just one year.

Over a five-year period, their equity will increase by nearly $45,000! This figure does not even take into account their monthly principal mortgage payments. In many cases, home equity is one of the largest portions of a family’s overall net worth.

Bottom Line

Not only is homeownership something to be proud of, but it also offers you and your family the ability to build equity you can borrow against in the future. If you are ready and willing to buy, find out if you are able to today!


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Do you know the steps in a mortgage process?

The Mortgage Process: What You Need to Know [INFOGRAPHIC]

The Mortgage Process: What You Need to Know [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Many buyers are purchasing a home with a down payment as little as 3%.
  • You may already qualify for a loan, even if you don’t have perfect credit.
  • Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford.


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190 Meadowlark Circle, Lindenhurst IL 60046

Lowest priced home in Country Place right now! 4 bedroom, 2.1 bath with stainless steel appliances, Brazilian cherry flooring, newer carpet. Cozy family room with gas-start fireplace. Full basement has a partially finished – only carpet is needed!

Click on photo below, to see interior pictures:

https://plus.google.com/+KieronQuaneRealEstateatPropertiesLibertyville/posts/HMH73rFQTfE

 


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There may be some good bargains in these towns! If you don’t mind having paranormal guests…

With the holiday of haunt right around the corner, RealtyTrac took a look at a segment of properties where the haunting may hit too close to home for neighbors and potential buyers. More than 22,000 single family homes nationwide are vacant and have a homeowner who is now deceased, according to an analysis of public record data. That’s one in every 5,973 housing units nationwide, but there are more than 20 zip codes where that ratio is less than 1 in every 175 housing units. Check out the infographic below profiling the most haunted housing markets across the nation with the highest ratio of these homes most likely to be haunted:

HauntedZipCodes


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SWALCO opens new electronic recycling sites

Is clearing out your home’s clutter one of your New Year resolutions?  If so, I am sure that you have an old computer, laptop, printer or even a fax machine hidden away somewhere.  Do you know that there are certain electronic items that may not be disposed of in a landfill?  If not, you aren’t alone.  Most people are not aware that, since 2012, Illinois law prohibits printers, scanner, televisions and computers from being “tossed out with the trash.”  SWALCO of Lake County opened up new collection facilities, as of January 2, 2015.  For a list of accepted items, hours & locations, please click here

New Drop-off Locations:

Antioch: Waste Management North 22333 Route 173, Antioch, IL
Monday – Friday: 7:30 a.m. – 2:30 p.m.
Excluding holidays.
​Grant Township: Road District Facility 26535 Molidor Rd., Ingleside, IL
Monday – Friday: 9:00 a.m. – 3:00 p.m.
Excluding holidays
​Grayslake: Public Works Facility, Recycling Center 585 Berry Ave., Grayslake, IL
Monday – Friday: 7:00 a.m. – 3:30 p.m.
Saturday: 8:00 a.m. – 12:00 p.m.
Also accepts: Cardboard, mixed paper, household containers, shoes, clothing and textiles
​Highland Park: Firearms Training Center 1180 Half Day Rd., Highland Park, IL
Every Tuesday: 7:00 a.m. – 1:00 p.m.
1st Saturday of the month 7:00 am – 1:00 pm
Excluding holidays
Also accepts: Fluorescent light bulbs, foam containers, foam packaging materials, clothing and textiles
​Wauconda Township: Road District Facility 505 W. Bonner Rd., Wauconda, IL
1st Saturday of the month: 9:00 a.m. – 12:00 p.m.
Monday – Friday 7:00 am – 3:30 pm
Excluding holidays
Also accepts: Fluorescent light bulbs
​Waukegan: Public Works Facility 1700 McAree Rd., Waukegan, IL
Monday – Friday: 7:30 a.m. – 4:00 p.m.
Excluding holidays
Also accepts: Clothing and textiles


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Selling? 10 tips for decorating your porch for the holidays

Are you one of the thousands of sellers who has your home on the market this holiday season?  Are you torn between whether or not you should decorate at all?  Depending on which article you read, or who you speak with, will impact the advice and opinion you receive.  I am always pro-decorating for the holidays, with one simple caveat – it must be tasteful decor!  No big plastic Santa on the roof.  Or oversized inflatables on the front yard…

Plenty of people disagree with me and believe instead that holiday decorations increase the risk of offending someone.  In over 20 years of selling real estate, I have never had a buyer be offended by holiday decorations.  Instead, the decorated homes tend to appear a bit more welcoming, and warmer – which is an added bonus during a Chicago winter!

Just keep the decor tasteful.  Simple.  Soft.  Tone it down from your typical annual display.  Garlands on a staircase, garnished with twinkling lights.  A lightly staged mantled, dressed with stockings and candles.  The Christmas tree, tucked in the corner or filling the oft empty space of a bay window.

And do not forget the entry.  Especially if you are in a cold climate where a buyer will be standing, looking around, while the agent fidgets with opening the lockbox.  Again, keep it simple.  Want some ideas?  Check out this post from tatertots & jello, offering 10 tips for a terrific porch display.  Happy Holidays!

10 Tips for Creating a Beautiful Porch for the Holidays | eBay