Extra room for rent raises questions on fair housing laws

September 3rd, 2010

Q: I own my home and have been recently widowed. I would like to rent an extra bedroom to a roomer, who will share the kitchen, living room and other common areas of the house. I want to make sure that when I advertise and interview applicants, I don’t set myself up for a fair housing claim. Do those rules apply to me?


Source: Extra room for rent raises questions on fair housing laws

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Fannie program offers excellent loan terms

September 3rd, 2010

If you fit the profile – typically buyers with little cash on hand or small-scale investors looking for a deal on a foreclosed house – a little publicized national lending program could be just what you need this fall.

Source: Fannie program offers excellent loan terms

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Median price heat map

September 1st, 2010

Check property values and price changes for up to 5 years.


Source: Median price heat map

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Ask lawyer to help with property line issue before sale

September 1st, 2010

Q. What happens when you go to sell your house and find out your neighbor’s fence is on your property? I’ve known for some time, but I have let it go to keep the peace. But now I’m looking to sell.

Source: Ask lawyer to help with property line issue before sale

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Decorating a 9,000-square-foot mansion

August 30th, 2010

Starting from scratch can be freeing, exhilarating — and scary. Interior designer Scott Sanders tells how he achieved continuity in furnishing and decorating an oversize family home

Starting from scratch can be freeing, exhilarating — and scary. Interior designer Scott Sanders tells how he achieved continuity in furnishing and decorating an oversize family home.


Source: Decorating a 9,000-square-foot mansion

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How to find a remodeling contractor who won’t cut corners

August 30th, 2010

It’s no secret that owners are staying longer in their houses these days and it’s no secret that people remain cautious about spending. Yet fixtures wear out, décor becomes outdated and home remodeling becomes crucial.

Source: How to find a remodeling contractor who won’t cut corners

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Transit Score a change of pace for Chicago homebuyers

August 28th, 2010

With its 2-year-old Walk Score product already used by more than 4,000 realty Web sites, Seattle-based software company Front Seat has expanded its data options so Chicago homebuyers can see whether a potential neighborhood is public transit-friendly as well as walkable.


Source: Transit Score a change of pace for Chicago homebuyers

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Oswego’s Hunt Club development adds affordable series of homes

August 28th, 2010

Developers of Hunt Club, a clubhouse community of single-family homes in Oswego, are excited to walk homebuyers through their new Hamilton series model homes.

Source: Oswego’s Hunt Club development adds affordable series of homes

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Chicago area home sales plunge in July

August 26th, 2010

Despite significant price declines, housing market dries up after federal tax credit ends

During three decades of working for Allstate Corp., California native Roger Parker never shed his desire to grab his surfboard and a good wave, and he thought he’d be able to return to that lifestyle when he retired 18 months ago.


Source: Chicago area home sales plunge in July

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Beware of offer that plays up falling property values

August 26th, 2010

“I received a confidential note from a firm claiming that they can eliminate my second mortgage. I am inclined to believe them because the value of our home is now less than the amount of the first mortgage. Is this an opportunity or a scam?”

Source: Beware of offer that plays up falling property values

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