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Laws that Affect Your Mobile Business Text Messaging Ban/Cell Restrictions - Public Act 96-130 (HB 71) prohibits a person from using an electronic communication device to compose, send or read a text message while driving. This new law has certain exceptions—if ...[Read More]
Experts say that mortgage rates will likely stay low, even if the Federal Reserve stops its mortgage-backed securities purchasing program in March 2010. Full Story >[Read More]
Hundreds of thousands of borrowers face a substantial increase of mortgage payments next year on option ARM loans written in 2004. Full Story >[Read More]
U.S. Census Bureau and the Department of Housing and Urban Development reported a 6.2 percent increase in new home sales from September to October. Full Story >[Read More]
• single story - MLS® $45,000 Melrose Park, Cook County - 45x126 vacant buildable lot in the middle of newer residential homes. zoned - R5 Single Family. PERFECT OPPORTUNITY TO BUILD YOUR HOME. Not a short sale, close within your time. Property ...[Read More]
Home sales will increase 15 percent and real estate professionals' income will go up 20 percent next year, NAR Chief Economist Lawrence Yun predicted in his residential economic update. Read more >[Read More]
On November 5, 2009, the House of Representatives passed H.R. 3548, the Worker, Homeownership, and Business Assistance Act of 2009 (the “’09 Act”) which the Senate had approved the day before. President Obama signed it into law on Friday, ...[Read More]
Elk Grove, Elk Grove Village - Announcing a price reduction on 310-985 CHARLELA LN, a 1,000 sq. ft., 2 bath, 2 bdrm single story. Now MLS® $140,000 - . Property information[Read More]
Mortgage application paperwork has to be ready to go, though short-sale purchases should be avoided to make the Nov. 30th deadline. Read more >[Read More]
Mortgage Bankers Association predicts increased home sales at the lower end of the market in 2010, with prices continuing to fall into the first quarter of next year. Read more >[Read More]
Federal Housing Administration Commissioner David Stevens says the government insurer poses little risk to taxpayers and is underwriting far more lower-risk borrowers compared to a few years ago. Read more >[Read More]
River Park Place, Elgin - Announcing a rent/lease reduction on 157 Festival Court, a 2,400 sq. ft., 2 bath, 2 bdrm townhouse "4 level". Now MLS® $1,450 USD Monthly - . Property information[Read More]
• 2 bath, 2 bdrm 2 story - MLS® $237,000 Arbor 40, Oakbrook Terrace - Professionally staged and decorated, possible owner financing! Almost 20k in recent upgrades! Come see it and be impressed. 1st floor unit, 2 bedrooms 2 bath. Updated throughout ...[Read More]