Naperville Real Estate - Derrick Jackson

Wednesday, August 25, 2010 - New Listing - 07617402

Just added this listing: "Owner says property MUST GO! // Distressed sale // HUGE, wooded lot! // Great location close to elementary school // Bring ALL offers // NOT a short sale or foreclosure but still a GREAT opportunity and value for the buyer // May also work as a tear down, investment property or starter home"

View Listing Details

posted in Listings at Wed, 25 Aug 2010 00:00:00 -0500

Wednesday, May 12, 2010 - Propertyware 2010 Editors Choice for Best Property Management System

Personal Real Estate Investor Magazine CARROLLTON, Texas (May 13, 2010) - Propertyware, a leading provider of on-demand software services to the single-family real estate market, and a wholly owned subsidiary of RealPage, Inc., announced today it has been chosen as the "2010 Editors Choice for the Best Property Management System" by Personal Real Estate Investor Magazine. This prominent award recognizes Propertyware's commitment to its customers and innovation in property management technology ... Full Article...

posted in Investing at Wed, 12 May 2010 09:55:01 -0500

Wednesday, May 12, 2010 - How much money should you put aside for rental repairs?

Becoming a landlord doesn’t just mean worrying about keeping your property rented and to the right tenants. You also need to be sure you have budgeted for necessary repairs. Read on for some tips on how to plan ahead for the inevitable repair bills. How much to put aside Prevailing wisdom recommends saving 1% to 3% of the value of your rental property for repairs each year. Though repair totals will vary from year to year, leftover funds from one year can help cover you for big expe ... Full Article...

posted in Investing at Wed, 12 May 2010 09:40:06 -0500

Tuesday, May 11, 2010 - Why FORECLOSURE investment beats the stock market - hands down!

The following is an excerpt from the Wall Street Journal (www.wsj.com) on 5/11/2010: "Securities and Exchange Commission Chairman Mary Schapiro said Tuesday that regulators haven't yet found evidence of a "single cause" for last week's market plunge, as federal regulators established a joint advisory committee to look into the causes of the drop. The SEC and the Commodity Futures Trading Commission said in a joint statement that the advisory committee will look at emerging regulatory issues and ... Full Article...

posted in Market News at Tue, 11 May 2010 15:52:07 -0500

Tuesday, May 11, 2010 - Chicago Home Sales Up for 6 Months!

Well, good news for everyone except JPMorgan CEO Jamie Dimon. Here's what's happening: Reversing consecutive weeks of mostly dismal housing news , Chicago got word this week that home sales leaped 45 percent in March compared to last year. However, median home prices continue to fall. While experts warn that the depressed manufacturing and construction sectors may continue to hinder a speedy housing recovery, this marks the sixth straight month of home-sale increases for the Chicago area! Der ... Full Article...

posted in Market News at Tue, 11 May 2010 10:24:58 -0500

Monday, May 10, 2010 - Home Trends 2010: Consumers' most sought-after features

I've been examining the latest research and opinions on housing trends. CLICK HERE to learn more about how today’s economy and other key factors are shaping what buyers want in their next home. Make sure you complete your due diligence! Derrick Jackson II - Chase Real Estate derrick.jackson@mychaseagent.com (Email) 630.631.8380 (Phone) 630-701-1159 (Fax)

posted in Sellers at Mon, 10 May 2010 14:55:17 -0500

Monday, May 10, 2010 - Going Green a new Mega-Trend?

Whether or not you ascribe to the claims that global warming is real, it is hard to negate the fact that "going green" can help you make more green. Tax credits from the federal government have continued to provide incentives, consumers are becoming more environmentally conscious, and there is certainly something to be said for updates that can literally cut down on costs, but what will happen when these credits expire and the hype fades? The Harvard Business Review claims that the hype ... Full Article...

posted in Green Topics at Mon, 10 May 2010 14:19:23 -0500

Thursday, May 6, 2010 - Exit Inspections

The most effective way to lower your expenses after a tenant has moved out of your property is to complete a Walk-Thru Inspection PRIOR to the tenant moving out. About 2 weeks before the tenant’s move-out date you need to schedule a time to walk through the home with them. Go into each room and carefully explain to the tenant what you expect of them. If anything needs to be repaired due do tenant damage or cleaned write it down. It is always cheaper to return a security deposit than hire ... Full Article...

posted in Investing at Thu, 06 May 2010 10:24:39 -0500

Thursday, May 6, 2010 - A Nighttime Showing to Remember

Showings typically take place during the day, but you can help make your home stand out by having exterior lighting that will not only improve security but also highlight the elegance of your home and its landscaping in the twilight. Here are just a few tips: Strive for a “moonlight effect.” This naturalistic look features light no more intense than that of a full moon, but strong enough to make beautiful shadows and intense highlights. Highlight trees. Whether illumined from below ... Full Article...

posted in Sellers at Thu, 06 May 2010 10:19:39 -0500

Wednesday, May 5, 2010 - America's Top Places to Live for 2010 - Part 2

The three most important things to remember when moving and buying a new home are: location, location, location. As potential home buyers start looking for new homes, RelocateAmerica.com, a leading website in providing relocating consumers access to resources for their upcoming relocation, has released its 13th annual list of “America’s Top Places to Live for 2010.” Top 10 Small Towns (<40K pop.): Grinnell, IA St. Augustine, FL Fairhope, AL Stillwater, MN Summit, NJ Ashland, ... Full Article...

posted in General at Wed, 05 May 2010 14:17:26 -0500

Wednesday, May 5, 2010 - America's Top Places to Live for 2010 - Part 1

The three most important things to remember when moving and buying a new home are: location, location, location. As potential home buyers start looking for new homes, RelocateAmerica.com, a leading website in providing relocating consumers access to resources for their upcoming relocation, has released its 13th annual list of “America’s Top Places to Live for 2010.” Top 10 ‘Earth Friendly’ Cities: Portland, OR Boston, MA Madison, WI Boulder, CO Austin, TX Chicago ... Full Article...

posted in Green Topics at Wed, 05 May 2010 14:12:22 -0500

Wednesday, May 5, 2010 - Real Estate Market Headed for a Turnaround?

People are ready to buy again. See the research below: A recent Gallup poll reported that “lower but stabilizing home prices combined with continued low mortgage interest rates have persuaded 72% of Americans that now is a ‘good time’ to buy a house.” The Survey of Affluence and Wealth in America reported that 19% of the wealthiest people in America “say they are ‘in the market’ to acquire real estate.” And a Move, Inc. survey found “17.2% ... Full Article...

posted in General at Wed, 05 May 2010 12:54:07 -0500

Monday, May 3, 2010 - Fannie Adds Incentive to Avoid Foreclosure

Beginning in July, Fannie Mae will allow financially troubled home owners to complete a “deed in lieu of foreclosure” or a short sale and be eligible to apply for a new Fannie-backed mortgage in two years. Currently, borrowers who have completed a deed-in-lieu must wait four years to apply for a loan that Fannie will purchase. Home buyers who go through foreclosure must wait five years. All these waiting periods can be reduced further, if the potential buyer can show extenuating cir ... Full Article...

posted in General at Mon, 03 May 2010 11:29:51 -0500

Monday, May 3, 2010 - New Home Sales Jump in March

Sales of new homes rose 27 percent in March compared to February, the U.S. Commerce Department announced Friday. It was the largest monthly increase since April 1963, when sales jumped 31.2 percent. In addition, the National Association of REALTORS® reported last week that sales of previously owned homes rose 6.8 percent. Economists attribute the figures to buyers taking advantage of the $8,000 tax credit scheduled to expire at the end of this month. “In simple terms, housing is ... Full Article...

posted in Market News at Mon, 03 May 2010 10:27:58 -0500

Monday, May 3, 2010 - 4 Fundamentals of Selling a Home Today

Here are four things sellers should understand about today’s market to make their homes as saleable as possible: 1. Real estate pricing is very local: When you're looking at comparables, you have to see what's sold in the past three months. Look at your competition and what's under agreement. 2. Get property pics online: Stage the property, then take pictures and video. Better yet, hire a professional photographer to do the job. 3. Disclosure is key: Tell potential buyers what’s w ... Full Article...

posted in Sellers at Mon, 03 May 2010 10:13:21 -0500

Monday, May 3, 2010 - Fixer-Upper Financing: 203k Program Provides Buyers with Renovation Funds

The word “as-is” can indeed be one scary phrase. Especially when buying a home in today’s market where foreclosures and short sales that need fix-up work are plentiful. But a little-known Federal Housing Administration (FHA) loan program that’s been around since 1978 can help take the sting out of “as-is.” Only 219 borrowers took advantage of the FHA’s 203k program in 2009. Not that many lending and real estate professionals are aware of the program ... Full Article...

posted in Financing at Mon, 03 May 2010 10:02:50 -0500

Wednesday, April 28, 2010 - Fannie Mae offering incentive to avoid Foreclosure

The following article was written and posted in the Wall Street Journal on 4/26/2010 Fannie Mae will make it easier for some struggling homeowners to buy houses in the future if they avoid foreclosure in the present. Under rules released this month that will take effect in July, some troubled borrowers who give up their homes by voluntarily transferring ownership through a "deed in lieu of foreclosure" or by completing a short sale, where a home is sold for less than the amount owed, w ... Full Article...

posted in Market News at Wed, 28 Apr 2010 09:08:35 -0500

Wednesday, April 28, 2010 - Illinois home sales up 32.8% in March

Read the following article from the Illinois Association of Realtors Illinois Home Sales Continue to Post Gains, Up 32.8 Percent in March Median Price Holds Steady at $148,500 SPRINGFIELD, Ill. — The Illinois housing market posted its seventh consecutive month of year-over-year home sales increases in March as the spring market heats up and the April 30 federal homebuyer tax credit deadline nears. According to the Illinois Association of REALTORS® latest report, statewide total home ... Full Article...

posted in Market News at Wed, 28 Apr 2010 09:05:15 -0500

Wednesday, April 28, 2010 - Illinois home sales up 32.8% in March

Read the following article from the Illinois Association of Realtors Illinois Home Sales Continue to Post Gains, Up 32.8 Percent in March Median Price Holds Steady at $148,500 SPRINGFIELD, Ill. — The Illinois housing market posted its seventh consecutive month of year-over-year home sales increases in March as the spring market heats up and the April 30 federal homebuyer tax credit deadline nears. According to the Illinois Association of REALTORS® latest report, statewide total home ... Full Article...

posted in Market News at Wed, 28 Apr 2010 09:05:11 -0500

Tuesday, April 27, 2010 - What Homeowners Should Know about Problem Drywall

If you’ve been worried by the federal government’s recent advice to homeowners to remove any problem drywall, keep this in mind: If the defective material is in your home, there’s a good chance you’re aware of it by now. It’s detected by the corrosion of copper wiring and other metals, and signs of it pop up fairly quickly. “A lot of these houses had air conditioner coils that needed replacement in the first six months or year,” said Mark Cramer, a home ... Full Article...

posted in General at Tue, 27 Apr 2010 11:02:21 -0500

Monday, April 26, 2010 - To Chicago Landlords: WE NEED YOUR HELP

To Chicago Landlords: WE NEED YOUR HELP! A 14-day right to cure has been proposed to fix the security deposit provision of the CRLTO (Chicago Residential Landlord Tenant Ordinance). As many of you know or have experienced, the security deposit provision of the CRLTO is unfair and has caused Chicago landlords to pay hundreds of thousands of dollars for innocent mistakes. We have the opportunity on TUESDAY, APRIL 27th, to change this. A couple of weeks ago, the Mayor proposed a change to the ... Full Article...

posted in Investing at Mon, 26 Apr 2010 14:25:05 -0500

Monday, April 26, 2010 - FORECLOSURE Deal of the Week! - Part 2 - Aurora- Oswego Schools

AFTER REHAB VALUE (ARV) = $168,000 PURCHASE PRICE = $107,989 REHAB ESTIMATE = $7,800 RENTAL ESTIMATE = $1,400 POSITIVE CASHFLOW = $126.25/mo Call, text or email me for additional information about this foreclosure or others in an area near you. Derrick Jackson II - Chase Real Estate derrick.jackson@mychaseagent.com (Email) 630.631.8380 (Phone) 630-701-1159 (Fax)

posted in Listings at Mon, 26 Apr 2010 14:12:30 -0500

Monday, April 26, 2010 - FORECLOSURE Deal of the Week! - Part 1

AFTER REHAB VALUE (ARV) = $168,000 PURCHASE PRICE = $92,989 REHAB ESTIMATE = $18,800 RENTAL ESTIMATE = $1,395 POSITIVE CASHFLOW = $293.83/mo Call, text or email me for additional information about this foreclosure or others in an area near you. Derrick Jackson II - Chase Real Estate derrick.jackson@mychaseagent.com (Email) 630.631.8380 (Phone) 630-701-1159 (Fax)

posted in Listings at Mon, 26 Apr 2010 13:53:23 -0500

Thursday, April 22, 2010 - FORECLOSURE Deal of the Week - It's HOT!

AFTER REHAB VALUE (ARV) = $108,000 PURCHASE PRICE = $55,989 REHAB ESTIMATE = $8,700 RENTAL ESTIMATE = $1,250 POSITIVE CASHFLOW = $410.83/mo Call, text or email me for additional information Derrick Jackson II - Chase Real Estate derrick.jackson@mychaseagent.com (Email) 630.631.8380 (Phone) 630-701-1159 (Fax)

posted in Listings at Thu, 22 Apr 2010 10:42:03 -0500

Thursday, April 22, 2010 - Honor Earth Day By Passing On These Quick Facts

Happy Birthday, Earth Day! On April 22, Earth Day celebrates its 40th anniversary of bringing eco-friendly education to the world. Here are some quick facts that are good for the home and often for the pocketbook: Energy Use & ENERGY STAR Upgrading single-pane windows to ENERGY STAR windows can save a home owner between $126 and $465 in energy costs per year. If just one 60-watt incandescent light bulb were replaced with an ENERGY STAR CFL bulb in every American home, it would save 6 billion ... Full Article...

posted in Green Topics at Thu, 22 Apr 2010 10:12:30 -0500

Wednesday, April 21, 2010 - 4 Things 1st-Time Home Buyers Need to Know about Home Inspections

A professional home inspection can not only provide a great education about the home’s systems, but also be a crucial tool in negotiating the most equitable price on the home, according to HouseMaster, one of the first and largest home inspection franchisors in North America. “Our experience and research shows that approximately 40% of resale homes have at least one defect that can cost a home buyer a minimum of $500 to repair,” said Kathleen Kuhn, President of HouseMast ... Full Article...

posted in General at Wed, 21 Apr 2010 15:23:16 -0500

Wednesday, April 21, 2010 - 4 Things 1st-Time Home Buyers Need to Know about Home Inspections

A professional home inspection can not only provide a great education about the home’s systems, but also be a crucial tool in negotiating the most equitable price on the home, according to HouseMaster, one of the first and largest home inspection franchisors in North America. “Our experience and research shows that approximately 40% of resale homes have at least one defect that can cost a home buyer a minimum of $500 to repair,” said Kathleen Kuhn, President of HouseMast ... Full Article...

posted in General at Wed, 21 Apr 2010 15:23:16 -0500

Wednesday, April 21, 2010 - 4 Things 1st-Time Home Buyers Need to Know about Home Inspections

A professional home inspection can not only provide a great education about the home’s systems, but also be a crucial tool in negotiating the most equitable price on the home, according to HouseMaster, one of the first and largest home inspection franchisors in North America. “Our experience and research shows that approximately 40% of resale homes have at least one defect that can cost a home buyer a minimum of $500 to repair,” said Kathleen Kuhn, President of HouseMast ... Full Article...

posted in General at Wed, 21 Apr 2010 15:23:15 -0500

Tuesday, April 20, 2010 - Color Trends for 2010 - Back to Basics

Just as the clothing fashion industry has its trends, so too does the window treatment industry. Colors have ranged from bold print patterns, to stripes, but 2010 is the year for a back to basics mentality. Upgrading window treatments is one of the fastest and most inexpensive ways to increase property values. However, using bold colors can deter potential buyers. When a person enters a home with intent of buying, they need to be able to see themselves in that home. Using neutral colors and rem ... Full Article...

posted in Trends at Tue, 20 Apr 2010 12:35:50 -0500

Tuesday, April 20, 2010 - 5 Golden Steps to Lowering your real estate property taxes

More and more real estate property owners are appealing their property taxes. Most of them find that the appealing an assessed value of the property is simple and easy. In most cases the assessor comes back with an adjustment notice via mail or the differences are settled through an informal hearing. Very few of the disputes end up in court cases. Follow these 5 steps to appeal your property tax. 1. Compare the assessed value of your real estate property with the purchase price or the latest h ... Full Article...

posted in General at Tue, 20 Apr 2010 12:28:39 -0500

Tuesday, April 20, 2010 - Real estate in retirement portfolio has several attractions

Direct investment in real estate as part of a retirement portfolio has several attractions: the opportunity to buy a property in your own backyard that you can have direct control of; the chance to participate in a once-in-a-lifetime buying opportunity as a result of the devalued real estate market; the potential of generating tax-deferred income and capital gains independent of stock and bond market fluctuations; and the advantages of diversifying a retirement portfolio. Turn $300K investment ... Full Article...

posted in Investing at Tue, 20 Apr 2010 12:20:27 -0500

Monday, April 19, 2010 - New Law - Investors / Contractors

A new Renovation, Repair and Painting lead law goes into effect April 22, 2010.The new law requires contractors, property managers and others paid to replace windows or renovate residential houses, apartments and child-occupied facilities built before 1978 to be certified by the U.S. Environmental Protection Agency. This new law is designed to protect children from leaded dust that may result from disturbing lead-based paint. Our remodeling crews are certified to renovate foreclosure real estat ... Full Article...

posted in Investing at Mon, 19 Apr 2010 14:12:23 -0500

Monday, April 19, 2010 - ATTENTON INVESTORS!!! We need one (1) 3 bedroom and one (1) 2 bedroom NOW! For Immediate Occupancy!

INVESTORS! We have two (2) openings NOW to contract one (1) 3 bedroom unit - $1372 a month guaranteed rent and one (1) 2 bedroom unit - $1132 a month guaranteed rent! These properties MUST be located in DuPage County! Call or Text DerrickTODAY! 630-631-8380 Derrick Jackson II - Chase Real Estate derrick.jackson@mychaseagent.com (Email) 630.631.8380 (Phone) 630-701-1159 (Fax)

posted in Investing at Mon, 19 Apr 2010 14:05:58 -0500

Friday, April 16, 2010 - Loan Delinquency Rate Takes a Notable Dip

USA Today reports the percentage of delinquent mortgages declined to 6.57 percent in the first quarter from 6.60 in the last quarter of 2009, according to Equifax and Moody’s Economy.com. This is the first decline in the delinquency rate since the first quarter of 2006. "It portends a peaking of the foreclosure crisis," says Mark Zandi, chief economist for Moody’s. Reasons for the decline include tougher lending standards, mortgage modification efforts and a more stable job market, ... Full Article...

posted in Market News at Fri, 16 Apr 2010 14:37:40 -0500

Friday, April 16, 2010 - Mortgage Rates Fall

The first decline in five weeks drove mortgage interest back down to near historically low levels once again as the 30-year fixed rate averaged 5.07 percent for the week ended April 15, down from 5.21 percent a week ago. Freddie Mac also reports: • The 15-year fixed rate averaged 4.40 percent, down from 4.52 percent. • The one-year adjustable-rate mortgages averaged 4.13 percent, down from 4.14 percent. • Interest on the five-year ARM came in at an average of 4.08 percent compa ... Full Article...

posted in Financing at Fri, 16 Apr 2010 14:21:50 -0500

Friday, April 16, 2010 - Interest in Owning a Home Remains Strong

Interest in purchasing a home as an investment has more than tripled in the last year, according to a survey released today Move Inc., a company which operates Move.com and REALTOR.com. More than 17 percent of potential home buyers say they plan to purchase a home in the near future as an investment, compared to just 5.6 percent in March 2009, the survey found. Owning a residence in remains a goal for many more potential buyers: • 21 percent of consumers report they plan to purchase a hom ... Full Article...

posted in Sellers at Fri, 16 Apr 2010 14:18:20 -0500

Thursday, April 15, 2010 - Tax Refund Investment Ideas

Tomorrow is Tax Day. For procrastinators who are scrambling to meet the filing deadline — good luck. For those who have long since finished their taxes and are expecting a refund, now is a good time to consider the best use of those dollars. HouseLogic, the National Association of REALTORS’® consumer Web site, has posted some great tips for investing tax refunds in a home. Their articles outline maintenance, upgrades, and investments at different price points – and how those p ... Full Article...

posted in Sellers at Thu, 15 Apr 2010 15:19:27 -0500

Thursday, April 15, 2010 -

Tomorrow is Tax Day. For procrastinators who are scrambling to meet the filing deadline — good luck. For those who have long since finished their taxes and are expecting a refund, now is a good time to consider the best use of those dollars. HouseLogic, the National Association of REALTORS’® consumer Web site, has posted some great tips for investing tax refunds in a home. Their articles outline maintenance, upgrades, and investments at different price points – and how those p ... Full Article...

posted in Sellers at Thu, 15 Apr 2010 15:19:27 -0500

Thursday, April 15, 2010 - Naperville Sch. Dist Foreclosure

3 bed // 2.5 bath home available now. This is a HOT deal that won't last long! Contact me today for more information about this home or others like it. Derrick Jackson II - Chase Real Estate derrick.jackson@mychaseagent.com (Email) 630.631.8380 (Phone) 630-701-1159 (Fax)

posted in Listings at Thu, 15 Apr 2010 14:54:29 -0500

Thursday, April 15, 2010 - New Class - Ask The Investment Attorney

Derrick is pleased to provide his investors with a unique opportunity to have their legal questions answered concerning investing at the upcoming Chase Real Estate Seminar. Attorney Gary D., a preferred Chase attorney and specialist in representing real estate investors will be present on May 13 to take questions from you and provide you with his legal analysis which is based on over 10 years of experience on representing the most successful investors in the Chicagoland area. Gary focuses his p ... Full Article...

posted in Education at Thu, 15 Apr 2010 14:44:33 -0500

Thursday, April 15, 2010 - Foreclosure Activity Up 7% in 1st Quarter 2010

RealtyTrac, a leading online marketplace for foreclosure properties released its U.S. Foreclosure Market Report for Q1 2010, which shows that foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on 932,234 properties in the first quarter, a 7% increase from the previous quarter and a 16% increase from the first quarter of 2009. One in every 138 U.S. housing units received a foreclosure filing during the quarter. Foreclosure filings were report ... Full Article...

posted in Investing at Thu, 15 Apr 2010 14:34:28 -0500

Wednesday, April 14, 2010 - What is a Landlord Responsible For?

Sometimes it’s difficult to know, as a landlord of a Rental home, what you are responsible for and what falls to your tenants. Read on for my guide to landlord duties. Livability Mandate A landlord’s greatest obligation to his tenants is to make sure that the structure complies with all existing building, housing and health codes — the component pieces of a property that add up to “livability.” Be sure that you are educated about local, state and federal requireme ... Full Article...

posted in Investing at Wed, 14 Apr 2010 14:51:15 -0500

Tuesday, April 13, 2010 - Partnership with USRealEstate.com

Derrick is pleased to announce he has partnered with USRealEstate.com! About USRealEstate.com USRealEstate.com is by far the leading Real Estate site on the web and is a must-visit site for anyone interested in buying or selling Real Estate. USRealEstate.com connects consumers with licensed real estate professionals. Our mission is to provide the best service possible for our users. We do this by carefully choosing only the very best real estate companies in the business to work with and by ... Full Article...

posted in General at Tue, 13 Apr 2010 15:44:56 -0500

Tuesday, April 13, 2010 - Countdown Clock - Buy NOW!

Get the Countdown Creator Pro widget and many other great free widgets at Widgetbox! Not seeing a widget? (More info) Get the Countdown Creator Pro widget and many other great free widgets at Widgetbox! Not seeing a widget? (More info)

posted in Buyers at Tue, 13 Apr 2010 14:47:21 -0500

Tuesday, April 13, 2010 - Create Scent Appeal To Sell

This is a topic of much interest to investors who are buying foreclosures to fix and sell or rent. Sensory research shows that the smell of a home can affect a person’s mood, according to Terry Molnar, director of The Sense of Smell Institute, a New York-based organization that focuses on the importance of smell to human psychology, behavior, and quality of life. A light floral fragrance can put people in a more pleasant mood, while citrus scents, such as lemon and grapefruit, tend to hav ... Full Article...

posted in Investing at Tue, 13 Apr 2010 14:36:01 -0500

Tuesday, April 13, 2010 - Distressed Sales Gain Greater Market Share

First American CoreLogic reports that distressed properties accounted for 29 percent of all U.S. home sales in January. Also, real estate-owned sales rose to 22 percent of homes sales from 19 percent in December, and short sales rose to 8 percent from 7 percent. Average sale prices in January were $161,600 for distressed homes, compared to the average nondistressed sale price of $247,700, $141,900 for REO properties, and $215,300 for short sales. Looking for a great deal on a home? I can defi ... Full Article...

posted in Buyers at Tue, 13 Apr 2010 14:19:38 -0500

Tuesday, April 13, 2010 - 30-Year Mortgage Rates Jump

Freddie Mac reports a jump in 30-year fixed mortgage interest to 5.21 percent for the week of April 8 from 5.08 percent the prior week. Rates are climbing now that the Federal Reserve has ended its campaign to lower borrowing costs and the economy is starting to pick up. Here’s how other rates fared: • The 15-year fixed rate climbed to 4.52 percent from 4.39 percent. • The five-year adjustable rate rose to 4.25 percent from 4.1 percent. • The one-year ARM edged up to 4.14 ... Full Article...

posted in Financing at Tue, 13 Apr 2010 14:07:12 -0500

Tuesday, April 13, 2010 - Survey: Americans Prefer Owning Over Renting

The following are highlights from Fannie Mae's recent National Housing Survey. In today's market, it's imperative to know what buyer's are looking for. Despite the challenges facing the housing market, 65 percent of Americans would still prefer to own a home rather than rent, according to a Fannie Mae national housing survey. In addition, 43 percent of respondents cite safety as a key reason to buy, while 33 percent are motivated to buy because they perceive schools to be better in neighborho ... Full Article...

posted in Sellers at Tue, 13 Apr 2010 14:04:05 -0500

Tuesday, April 13, 2010 - ATTENTION INVESTORS!!! We need one (1) 3 bedroom & one (1) 2 bedroom NOW! For Immediate Occupancy!

INVESTORS! We have two (2) openings NOW to contract one (1) 3 bedroom unit - $1372 a month guaranteed rent and one (1) 2 bedroom unit - $1132 a month guaranteed rent! These properties MUST be located in DuPage County! Call or Text meTODAY! 630-631-8380

posted in Investing at Tue, 13 Apr 2010 13:55:44 -0500

Monday, March 29, 2010 - ATTN INVESTORS: Guaranteed Government Rents Through State Rental Program!!!

I JUST RECEIVED WORD THAT THERE IS ADDITIONAL FUNDING FROM ROUND 3 OF THE RHSP PROGRAM. WE NEED 2 AND 3 BEDROOMS IN DUPAGE COUNTY ONLY - AVAILABLE FOR IMMEDIATE OCCUPANCY! THIS IS AN AMAZING OPPORTUNITY! GUARANTEED RENTS - 2 BEDROOM - $1132 AND 3 BEDROOMS - $1372 GUARANTEED RENTS. DON'T DELAY! CALL OR TEXT ME TODAY AT 630-631-8380.

posted in Investing at Mon, 29 Mar 2010 14:06:12 -0500

Sunday, March 28, 2010 - 8 Tips to Take Advantage of the Home Buyer Tax Credit before Time Runs Out

How can buyers eager to capture the tax credit streamline their home shopping? Here are some suggestions: 1. Get to Know Your Market: Buyers can do that using Internet sites that permit you to see the homes currently on the market, and by finding a realtor like me who is ready to expedite the shopping process. New listings can be emailed to buyers as they are posted, and buyers should stay on top of the market on a daily basis, seeing what properties are coming onto the market and which ones ... Full Article...

posted in Buyers at Sun, 28 Mar 2010 09:53:05 -0500

Wednesday, March 24, 2010 - Illinois Feb. Home Sales Mark 6th Consecutive Gain - Up 15.7% from a Year Ago

Read the following article published courtesy of the Illinois Association of Realtors SPRINGFIELD, Ill. — The Illinois housing market posted its sixth consecutive month of year-over-year home sales increases in February as tax credit and buyer market conditions continue to move the market toward stability. According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in February 2010 were up 15.7 percent, to ... Full Article...

posted in Buyers at Wed, 24 Mar 2010 12:41:15 -0500

Wednesday, March 24, 2010 - Home Trends - Simple Tips to Ramp up Curb Appeal

Simple and inexpensive updates can add maximum appeal to your home and help catch the eye of prospective buyers. Color Palette Use welcoming colors. Paint columns, eaves and shutters a warm brown and brighten the front door with a deep blue paint. Pair of Benches Two black aluminum benches placed on each side of the door provide a comfortable spot to sit and visit. House Numbers Updated numbers placed above the door add to an entry’s traditional appeal and complement the color scheme. ... Full Article...

posted in Trends at Wed, 24 Mar 2010 12:10:02 -0500

Wednesday, March 24, 2010 - 3 Reasons Why Those Who Don't Buy Now Might Regret It Later

Buying a home is one of the biggest decisions an individual can make. So it’s understandable that one considering a home purchase may take their time to avoid rushing into such a large financial commitment. However, several factors might leave prospective home buyers who don’t purchase a property now wishing they had taken action sooner. “Current market conditions have created a perfect storm of sorts that has made it an ideal time to purchase for first-time and trade-up buyer ... Full Article...

posted in Market News at Wed, 24 Mar 2010 12:06:03 -0500

Friday, March 19, 2010 - Housing Experts Say Real Estate is Recovering

Some of the nation’s top economists believe the housing market has turned and better days are on the way for the housing industry. Increases in jobs, credit, and affordable homes will overcome impediments such as rising interest rates, and the expiration of the Federal stimulus program to push the housing market toward recovery, says Dean Maki, chief U.S. economist for Barclays Capital. “I would bet even odds that we’re at a bottom and that we’re going to see improvement ... Full Article...

posted in Market News at Fri, 19 Mar 2010 13:33:54 -0500

Wednesday, March 17, 2010 - Tax Saving Tips for Investors

As the deadline for Tax Season approaches it is important to know that there are myriad ways to reduce your tax liability to the Federal Government. The Government Accountability Office (GAO) reports that about 25 percent of rental owners OVER-report their net income from rental real estate, by overstating rent received or understating expenses and losses. The estimated amount of net income overstated by misreporting rental property owners was $2.1 billion. Don't let yourself pay too much i ... Full Article...

posted in Investing at Wed, 17 Mar 2010 11:26:30 -0500

Wednesday, March 17, 2010 - Fewer Sellers Are Cutting Prices

The prices on 19% of homes for sale as of March 1st have been reduced at least once, the lowest percentage in the last year, according to Trulia.com. In October and November, when the market was feeling the effect of the tax credit, 26% of sellers cut their asking prices. “Better pricing is leading to less time on the market, less price reduction, and in a lot of markets we're starting to see bidding wars on lower end properties," said Ken Shuman, spokesperson for Trulia. CLICK HERE fin ... Full Article...

posted in Sellers at Wed, 17 Mar 2010 11:05:26 -0500

Wednesday, March 17, 2010 - Changes That May Affect You - 3/17/10

Congress is presently debating on changes to FHA loans that may affect you. FHA loans made up almost 30% of single-family mortgages in 2009 and more than 50% of first-time buyer loans. “Historically, FHA’s market share has hovered between 10 and 15 percent of all loans” says FHA Commissioner David Stevens. Whether you are a buyer or seller, it’s important to understand these proposed changes and how it will affect you going forward. The proposed changes are as follows: D ... Full Article...

posted in Financing at Wed, 17 Mar 2010 10:54:51 -0500

Wednesday, March 17, 2010 - Home Warranty 101 - Learning about the Home Warranty - Part 2

Feel safe knowing anything that may go wrong after you purchase your home is covered by a home warranty. I purchase a top-of-the-line warranty from HWA for each of my clients. It's one of the ways I say thank you to you because your business is important to me. Watch the video in "Part 1" and find out how HWA can help you get the most out of your home warranty!

posted in General at Wed, 17 Mar 2010 09:41:44 -0500

Wednesday, March 17, 2010 - Home Warranty 101 - Learning about the Home Warranty - Part 1

posted in General at Wed, 17 Mar 2010 09:35:42 -0500

Tuesday, March 16, 2010 - FREE Home Buyers Fair

You are invited to attend the 18th Annual FREE Home Buyers Fair Information for buyers of all types Free Workshops on mortgages, credit, short sales & much more! Exhibits by Lenders, Realtors, Home Inspectors, HUD & other services Prizes & Giveaways ***Be sure to visit me to hear more about the following topics: $8,000 tax credit for 1st-time buyers $6,500 tax credit for move-up buyers Foreclosure property for investors & home buyers Chase Process -- A 1-stop shop for buyers, sellers, inv ... Full Article...

posted in Education at Tue, 16 Mar 2010 09:39:42 -0500

Tuesday, March 16, 2010 - Keep Illinois Municipal Code Amendment Bill SB3564 Moving Forward!

INVESTORS - Your help is urgently needed! The Illinois Rental Property Owners Association has been working on Senate Bill 3564 with State Senator Haine over the past few months. SB3564 is the Code Enforcement Bill that IRPOA introduced to rectify a few problems that were introduced with the Realtor License Law that was passed last December. We were assured that it would be on the agenda to get fixed this year. State Senator Haine is reluctant to move this bill forward unless he sees that it has ... Full Article...

posted in Investing at Tue, 16 Mar 2010 08:39:47 -0500

Tuesday, March 16, 2010 - Top Kitchen Trends for 2010

So what’s cooking in the kitchen this year? The National Kitchen & Bath Association surveyed designers to reveal the top design trends for 2010. Among the trends gaining popularity this year: Hide your appliances in kitchen drawers, whether dishwashers-in-a-drawer or undercounter refrigeration (drawers being used as refrigerators). More home owners are opting to tuck their appliances away so they don’t interfere with the design. Also part of the appeal to dishwashers-in-a-drawer is ... Full Article...

posted in Trends at Tue, 16 Mar 2010 08:21:37 -0500

Thursday, March 11, 2010 - Class: Meet the Remodeling Team

Learn about the new materials we are using, how to streamline the remodeling process, and cost saving strategies. Our lead contractor will be present with samples for viewing. He supervises a team of 25-30 and is available for work anywhere in the Chicago-land area. This class is great for:Investors who are flipping and renting should attend Buyers looking at property needing some TLC Owners looking to best position there home for a quick sale at the highest price Class Date: 3/11/2010 T ... Full Article...

posted in Education at Thu, 11 Mar 2010 14:03:15 -0600

Thursday, March 11, 2010 - Warren Buffett sees housing market bouncing back by 2011

The following is an excerpt from USA Today: Billionaire Warren Buffett said the U.S. will recover from the residential real estate slump by 2011 as demand for houses catches up with the supply that accumulated during the bubble. "Within a year or so, residential housing problems should largely be behind us," Buffett wrote Saturday in his annual letter to the shareholders of his Berkshire Hathaway. "Prices will remain far below 'bubble' levels, of course." Record foreclosures flooded a U.S. rea ... Full Article...

posted in Market News at Thu, 11 Mar 2010 12:25:25 -0600

Thursday, March 11, 2010 - The Color of the Year

So what’s the “it” color for 2010?According to Pantone, it’s turquoise’s year to shine. Look for this vibrant blue-green color to pop up in many fabrics, textiles and home interiors this year. It’s a color that many people respond positively to, according to Pantone, which predicts the hot color each year by surveying designers. Many people associate the color with a pleasant and inviting form of escape, such as a tropical paradise, according to word-associat ... Full Article...

posted in Trends at Thu, 11 Mar 2010 09:27:22 -0600

Wednesday, March 10, 2010 - Real Estate Renegades

Crain's Chicago Business profiled real estate investor and developer Patrick Landrosh, who has still been able to locate profitable locations, develop them and turn them around despite intense market pressure. Watch the video found by clicking the link below: http://link.brightcove.com/services/player/bcpid62129015001?bctid=71033595001 There is money to be made as long as investors make wise decisions based on solid research and fundamentals. Contact me today to locate the core neighbor ... Full Article...

posted in Investing at Wed, 10 Mar 2010 12:07:53 -0600

Monday, March 8, 2010 - HOT Foreclosure Deals!

These deals are HOT & only for my clients. They won't last long so... CLICK HERE to view the Foreclosure Property Hot Sheet I've already received calls and shown several of these so NOW is the time to move! To move forward, you must complete the following: Schedule a showing Provide a Proof of Funds Letter, Pre-Approval Letter or call Jesse Byrer to get Pre-Approved at 312-839-6530 Drive through the neighborhood to get a feel for it Feel free to call or email me with questions. Derri ... Full Article...

posted in Investing at Mon, 08 Mar 2010 14:59:15 -0600

Monday, March 8, 2010 - 90-Day Rule Lifted - Part 1

HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS Measure to help bring stability to home values and accelerate sale of vacant properties WASHINGTON – In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high, HUD Secretary Shaun Donovan today announced a temporary policy that will expand access to FHA mortgage insurance and allow for the quick resale of foreclosed properties. The announcement is part of the Oba ... Full Article...

posted in Investing at Mon, 08 Mar 2010 13:59:51 -0600

Monday, March 8, 2010 - Sell Faster With Web Syndication

A key step to selling a property faster than a traditional Realtor is the use of syndication. Realtors all post to the MLS and Realtor.com but few use the ”syndication” system. This is the best and most effective way to get your remodeled property sold fast. Syndication will get your property listed on the most visted websites and regional/local sites as well. So, when talking with a Realtor ask them do they “syndicate”? A pro will always syndicate!I ... Full Article...

posted in Sellers at Mon, 08 Mar 2010 13:53:59 -0600

Monday, March 8, 2010 - 90-Day Rule Lifted - Part 2

Many of you heard FHA suspended it’s 90 day seasoning rule. A few questions I get regarding this issue: 1. What is the 90 day rule? 2. Why 90 day seasoning on flips? 3. What caused the rule to be suspended? Let me explain-this is critical information for the real estate investor. The federal government created a 90 day seasoning rule to combat illegal “flips”. This is where an investor purchases a property in foreclosure, then sells to a new FHA borrower at an inflated price. ... Full Article...

posted in Investing at Mon, 08 Mar 2010 13:50:08 -0600

Monday, March 8, 2010 - State Rental Program - Guaranteed Government Rents!!!

RHSP is the nation's largest state rental assistance program! Chase Real Estate is very excited to announce Round 4 of the program will be available for KENDALL, DUPAGE and GRUNDY Counties with move-in dates in approximately 60-90 days! We need 2, 3 and 4 bedroom properties!! Guaranteed rental payments for a two (2) bedroom property - $1132; three (3) bedroom property - $1372; Four (4) bedroom property $1500. This is exclusive to Derrick's clients! If you have a vacant property or a pro ... Full Article...

posted in Investing at Mon, 08 Mar 2010 11:51:58 -0600

Friday, March 5, 2010 - Buyers Who Wait May Lose a Lot

Potential home buyers who delay have a lot to lose. First-time home buyer and move-up tax credits worth $8,000 and $6,500, respectively, expire April 30. Buyers who qualify get a dollar-for-dollar reduction in taxes or a cash payment if they don’t pay enough taxes to cover the credit. Other factors that should spur buyers: Low mortgage rates. If the Federal Reserve stops buying mortgage-backed securities at the end of March, 30-year rates will almost certainly rise to more than 6 pe ... Full Article...

posted in Buyers at Fri, 05 Mar 2010 15:04:42 -0600

Friday, March 5, 2010 - Foreclosed Borrowers May Get Loans Again

Will people who currently face foreclosure or short sales or who walk away from their underwater properties ever be able to get financing to buy another home down the road? Banks haven’t been very forthcoming on this issue. However, knowledgeable observers of the situation say that while it may take some time, the situation will right itself for most people. Because bankrupt borrowers have eliminated their debts, they should "constitute attractive fodder for mortgage lenders," says Un ... Full Article...

posted in Financing at Fri, 05 Mar 2010 14:55:26 -0600

Friday, March 5, 2010 - It's Getting Easier to Get a Jumbo Loan

The jumbo loan market is starting to thaw, making it easier for move-up buyers to borrow. Rates on jumbo loans of more than $729,750 in highest-priced markets rose during the financial crisis and lending standards tightened to the point where borrowers couldn’t refinance or get a new loan. In the last couple of weeks, the average interest rate on a 30-year fixed-rate jumbo fell to 5.79 percent, a five-year low, according to rate tracker Informa Research Services. Rates are even lower ... Full Article...

posted in Financing at Fri, 05 Mar 2010 14:53:09 -0600

Friday, March 5, 2010 - Great Tips for Staging Your Home

Your Realtor is knowledgeable in marketing your home to prospective buyers. The Stager is knowledgeable in highlighting your home’s best features so that buyers, appraisers, and inspectors see the highest value. While some see staging as unnecessary, according to a study done by federal government, a staged home will sell in about 1/2 the time and quite often for more money. These results can be easily achieved and at a reasonable cost. CLICK HERE for quick tips on staging your home. W ... Full Article...

posted in Sellers at Fri, 05 Mar 2010 14:40:55 -0600

Friday, March 5, 2010 - 3 Tips to Stall Foreclosure

posted in Education at Fri, 05 Mar 2010 14:38:41 -0600

Friday, March 5, 2010 - How NOT to Sell a House

10.) Price it higher than what your agent recommends. 9.) Make your home unavailable for showings. 8.) Sell it yourself. 7.) Display family pictures and religious items (Also, consider leaving delinquent IRS statements on coffee table). 6.) Leave your barking dog in a crate in the kitchen. 5.) Leave the toilet seats up. 4.) Smoke in the house (especially before the “Open House”). 3.) Stay for the “Open House” (after all, you can show it better than your agent). 2.) Stop ... Full Article...

posted in Sellers at Fri, 05 Mar 2010 14:37:18 -0600

Monday, February 22, 2010 - SELLERS: Follow the Builders

How do you know when it's time to sell your home? It often helps to know and follow what builders are doing. Nationwide housing production hit its strongest pace in the last six months this January, posting a 2.8% gain to a seasonally adjusted annual rate of 591,000 units, according to figures recently released by the U.S. Commerce Department. “Builders are starting to see the positive impacts of home buyer tax credits and other favorable buying conditions in terms of consumer demand, and ... Full Article...

posted in Sellers at Mon, 22 Feb 2010 19:50:49 -0600

Wednesday, February 17, 2010 - 4 Reasons to Sell Now

Look what Kate Forgach from the McClatchy Tribune had to say: Selling a property in this tough market can seem like a challenge. Here are four factors that actually make this a good time to post a For-Sale sign. 1. Sell low and buy low. Because all property values are down, the sellers' loss on a property is really only a paper loss because the next property they buy also will be a bargain. If they buy smartly, when prices come back up in a few years, they’ll be in better shape. 2. ... Full Article...

posted in Sellers at Wed, 17 Feb 2010 18:28:18 -0600

Wednesday, February 17, 2010 - SAVE at Lowe's

I've partnered with Lowe's to help you SAVE MONEY. CLICK HERE to email me and I will send my e-coupon directly to your inbox. Why work with Derrick? I go above and beyond by making the connections and relationships that save you TIME and MONEY. CLICK HERE to find out more. Navigation: Close My Store Derrick Jackson II Chase Real Estate 630-631-8380 (Phone) 630-701-1159 (Fax) derrick.jackson@mychaseagent.com (Email)

posted in General at Wed, 17 Feb 2010 18:05:24 -0600

Wednesday, February 17, 2010 - Market News

The following was written and posted by the Illinois Association of REALTORS® (IAR): SPRINGFIELD, Ill. – Fueled by the tax credit incentive, home sales rebounded in the latter half of the year with Illinois buyers gaining some long-awaited confidence bolstered by low mortgage interest rates and moderating home prices. According to the Illinois Association of REALTORS® (IAR) fourth quarter 2009 report, Illinois home sales (which include single-family homes and condominiums) totaled 29,82 ... Full Article...

posted in Market News at Wed, 17 Feb 2010 17:43:43 -0600

Wednesday, February 17, 2010 -

Just as your eyes are the mirror to your soul, the “soul” of your house is mirrored by your windows. Make sure you don’t neglect them when preparing a property for sale. In fact, Feng Shui principles view the windows as the eyes of a home. Here are a few pre-listing tips for making the most of your windows: 1. Make sure that every window sparkles — both inside and out. Not only will it give a property that well-kept look, it will also let more light into each room which ... Full Article...

posted in Sellers at Wed, 17 Feb 2010 17:38:20 -0600

Wednesday, February 17, 2010 - CALL TO ACTION: Real Estate Investors

HUD has proposed to eliminate ALL seller financing unless the seller lives in the home or becomes a licensed mortgage originator. The proposed HUD Rules interpreting the federal SAFE mortgage act can be viewed at www.regulations.gov. Use the search parameter "HUD" and the keyword "safe". Please review and comment regarding the impact of this broad interpretation of the law. "In addition to establishing HUD's responsibilities under the SAFE Act, through this rule, HUD proposes to clarify or i ... Full Article...

posted in Market News at Wed, 17 Feb 2010 17:37:01 -0600

Saturday, February 13, 2010 - 10 Things to Consider When Purchasing a Foreclosure Home

It’s easy pickings out there for many potential homebuyers. Housing prices are at their lowest in more than a decade, inventories are high, analysts are predicting a new wave of foreclosures and the government is offering two substantial tax credits for which many homebuyers qualify. But bargain buyers beware - Buyers need to educate themselves about the potential pitfalls of purchasing distressed property. It’s not so much what damage occurred, but the source of that damage and how ... Full Article...

posted in Buyers at Sat, 13 Feb 2010 13:52:10 -0600

Friday, February 12, 2010 - When Will the Market Bottom? Poll

When Will the Market Bottom? See what others are saying by casting your vote and viewing the results Wisdom of the Crowd Get this widget Naperville real estate market info

posted in General at Fri, 12 Feb 2010 15:16:34 -0600

Friday, February 12, 2010 - Do you Qualify for the $8,000 Buyer Tax Credit?

Do I Qualify Get this widget

posted in Buyers at Fri, 12 Feb 2010 15:09:02 -0600

Friday, February 12, 2010 - FREE Home Buying and Investing Seminar

FREE Home Buying & Investing Seminar Discussing the Following topics: + Tax Credits for 1st Time Home Buyer & Existing HomeOwners + Where to Buy Now + Low Down Payment Opportunities + Current Interest Rates + Credit Repair Tips & More! February 27th, 2010 10:00 a.m. - 12:00 noon Wheaton Christian Center Church 610 E North Avenue Carol Stream, Il 60188 RSVP by sending an email to: realestateseminars2010@yahoo.com ***INVITE YOUR RELATIVES, FRIENDS & ANYONE ELSE YOU THINK MAY BE IN ... Full Article...

posted in Education at Fri, 12 Feb 2010 15:07:31 -0600

Saturday, February 6, 2010 - Real Estate CEOs Say Business Is Improving

The 110 members of the Real Estate Executive Roundtable are MORE POSITIVE about their industry in the first quarter of 2010 than they were in 2009 with the sentiment index at 73, up from 63 in the fourth quarter of 2009. The sentiment index measures confidence in real estate market conditions. However, a common concern of respondents is the employment picture. As one CEO commented, "There are 20 million or more people who are underemployed or unemployed. Businesses are being very cautious. Th ... Full Article...

posted in Market News at Sat, 06 Feb 2010 12:26:47 -0600

Saturday, February 6, 2010 - The Tax Credit Impact

Buyers who have a contract in place to purchase a primary residence by April 30, 2010, have until June 30, 2010, to finalize the transaction to qualify for a tax credit of up to $8,000 for first-time buyers and $6,500 for repeat buyers. Lawrence Yun, Chief Economist for the National Assoc. of Realtors, projects the extended and expanded tax credit will encourage 2.4 million households to take the credit in 2010. If you are a seller, this means it's time to sell now to capture this group of bu ... Full Article...

posted in Market News at Sat, 06 Feb 2010 10:50:44 -0600

Saturday, February 6, 2010 - 10 Home Features Buyers Want

Home designers and builders speaking at the recent International Builders Show in Las Vegas say that buyers are seeking cost-effective features and rejecting things that don’t have lasting value. “It's all about family togetherness – casual living, entertaining and flexible spaces," says Carol Lavender, president of the Lavender Design Group in San Antonio. Paul Cardis, CEO of Avid Ratings, which conducts an annual survey of buyer preferences, identified these must-haves ... Full Article...

posted in Sellers at Sat, 06 Feb 2010 10:34:47 -0600

Wednesday, February 3, 2010 - ATTENTION INVESTORS! Come here Paul Esajian from Flip this House!!!

Paul Esajian is one of the nation's premier young real estate investors. He is an experienced project manager who specializes in personnel management and incentive based motivation for contractors. Paul and his brother JD manage over 25 projects with five teams of over 50 contractors in nine cities and three states. Paul has a wide breadth of knowledge about running an efficient, productive company, from the accounting books in the office to the foundation of a house on site. Join us on Feb ... Full Article...

posted in Investing at Wed, 03 Feb 2010 18:00:59 -0600

Wednesday, February 3, 2010 - ATTENTION INVESTORS! Come here Paul Esajian from Flip this House!!!

Paul Esajian is one of the nation's premier young real estate investors. He is an experienced project manager who specializes in personnel management and incentive based motivation for contractors. Paul and his brother JD manage over 25 projects with five teams of over 50 contractors in nine cities and three states. Paul has a wide breadth of knowledge about running an efficient, productive company, from the accounting books in the office to the foundation of a house on site. Join us on Feb ... Full Article...

posted in Investing at Wed, 03 Feb 2010 18:00:59 -0600

Thursday, January 28, 2010 - Evidence it's TIME TO SELL!

Are you confused about the current state of the market? The reports coming out about sales rates for residential real estate are all over the place. Case Shiller says one thing, your local realtor and MLS sales report says another and contradicts it. The East Coast is slowing the West Coast is taking off. Remember these reports are all 30 to 90 days old and are very local in nature, reflecting real estate practice. I have found that inventory data is a better predictor of future real estate p ... Full Article...

posted in Market News at Thu, 28 Jan 2010 07:50:49 -0600

Wednesday, January 27, 2010 - IL Home Sales in Dec. Log 4th Consecutive Gain

The Illinois Association of Realtors reported the following today: Illinois Home Sales in December Log Fourth Consecutive Gain Year-End Home Sales Down 1.5 Percent in 2009 SPRINGFIELD, Ill. — Illinois housing markets show signs of stabilizing as low interest rates and the tax credit stimulus helped to reduce inventories through the end of 2009 while more markets reported median price increases in December. According to the Illinois Association of REALTORS® latest report, statewide to ... Full Article...

posted in Market News at Wed, 27 Jan 2010 19:13:24 -0600

Wednesday, January 27, 2010 - Is Your Home Ready for the Spring Buying Season?

It’s time to get those listings ready for the spring! A recent article in U.S. News & World Report by Luke Mullins, 10 Cheap Ways to Boost Your Home’s Sales Price by Spring, offers up some affordable ideas for getting a property in selling-ready shape in time for the spring sale season. Among the ideas in the article: 1.) Touch up the paint on the front door—it’s one of the first places buyers will look! 2.) Paint the interior a light yellow or cream color that creates ... Full Article...

posted in Sellers at Wed, 27 Jan 2010 19:10:54 -0600

Friday, January 22, 2010 - Tax Credit Ignites Early Spring Selling Season

Here's an interesting read from USA Today. The homebuying season is starting early this year, thanks to the expanded first-time and move-up homebuyer tax credit. Typically, the busiest time for home shopping starts in March and continues through May, but this year buyers who want to take advantage of the tax credits have to hold a signed contract by April 30 and close the deal by June 30. That is getting people off the couch. "The tax credit will absolutely have an effect," says Pe ... Full Article...

posted in Sellers at Fri, 22 Jan 2010 14:25:16 -0600

Friday, January 22, 2010 - Derrick in the News!

Someone once told me it's through unpaid service and kindness to others "that we see the world in more positive light and learn and grow ourselves." I'm committed not only to helping, assisting and consulting with clients but also to serving my community. I believe in giving back and helping those who are less fortunate than myself. CLICK HERE to see a copy of the article CLICK HERE to the online version CLICK HERE to read more about my involvement in the community I would encourage you t ... Full Article...

posted in Press at Fri, 22 Jan 2010 14:05:23 -0600

Wednesday, December 9, 2009 - Tools to Sell Your Home Faster!

Looking to sell your property faster and for more money? Everybody wants to - but not everyone does. When you list one of your investment properties for sale or rent with me, your property is entered into my showing feedback system. All agents and their buyers set up showings through our showing service, immediately after showing a email is sent to the showing agent requesting feedback on that showing. This feedback report is then sent to my office and directly to you via email. This data is cr ... Full Article...

posted in Sellers at Wed, 09 Dec 2009 19:34:05 -0600

Wednesday, December 9, 2009 - You Missed These GREAT DEALS!

We have entered one of the best buy and sell markets in the past 12 years. As property prices begin to stabilize there is a window that allows my clients an opportunity to buy property very low and sell at still below market prices, leaving a nice room for profit. Let’s look at just a few deals my clients purchased from us recently to flip. Some people are hesitant but these clients did not and they are reaping the rewards! Read’em and weep! Van Gogh, Bolingbrook Chase Client Pu ... Full Article...

posted in Investing at Wed, 09 Dec 2009 18:59:13 -0600

Tuesday, November 24, 2009 - President Obama signs bill to extend and expand the homebuyer tax credit into 2010.

Watch a short descriptive video by CLICKING HERE Go over FAQ’s by CLICKING HERE Compare the NEW tax credit to the first credit that will expire November 30, 2009 by CLICKING HERE Call Derrick today for more information or to start the process of taking advantage of the NEW & IMPROVED tax credit! Derrick Jackson II Chase Real Estate 630-631-8380 (Phone) derrick.jackson@mychaseagent.com (email)

posted in Buyers at Tue, 24 Nov 2009 13:31:51 -0600

Wednesday, November 18, 2009 - Home Sales Rise for Record 8 Straight Months!

Pending home sales rose again, marking eight consecutive monthly gains – the longest streak since measurement began in 2001, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contracts signed in September, rose 6.1 percent to 110.1 from a reading of 103.8 in August, and is 21.2 percent higher than September 2008 when it stood at 90.9. The gain from a year ago is the largest annual increase on record, and the index is ... Full Article...

posted in Market News at Wed, 18 Nov 2009 05:51:09 -0600

Saturday, November 7, 2009 - PREDICTED HOME BUY TAX CREDIT BETTER THAN EXPECTED

November 6th 2009: Congress just extended and added more eligible buyers to what started as the $8,000 first time home buyer tax credit. This credit was due to expire November 30. This extends the likelihood of stimulating the housing market as more people are eligible for these credits. The existing tax credit of $8,000 was for home buyers who have not owned a primary residence in their own name in last three years. It now offers a $6,500 tax credit for move-up home buyers. The example fro ... Full Article...

posted in Buyers at Sat, 07 Nov 2009 12:24:18 -0600