Archive for October, 2006

Virtual Food Drive10.23.06

The Chitownproperty team is sponsoring a virtual food drive to benefit the Greater Chicago Food Depository. You can visit the website to purchase a number of food items to be donated, or contribute cash donations. It’s a simple as shopping online, no more need to haul cans of food around to do your part. The money raised will buy much-needed food for the hungry men, women and children in Chicagoland.

Every week, the Food Depository provides emergency and supplemental food to nearly 90,000 people in Cook County—33% of which are children—through a network of 600 pantries, shelters, soup kitchens and childcare centers. As staggering as this number is, the demand for food continues to rise. The generosity of just a few of our friends, family, and clients can make a big difference in the lives of Chicago’s hungry families and individuals. Even a small donation goes a long way in helping the Food Depository get nutritious food to those in need since the Food Depository can purchase food at prices three times lower than what we pay at the grocery store. All the items on our food drive have been identified by the Food Depository as ones that are in high demand. Please join us in the fight against hunger in our community.

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Getting Things Done, Homestyle10.16.06

Life doesn’t stop when you sell your home, so you have to be able to continue to manage your day-to-day routine while tackling the big issues of getting your house ready. This article in the Tribune breaks down a number of to-do’s for busy families preparing for a sale. None of it is earth-shattering or even specific to real estate, but it provides a good checklist to get started on all the repairing, painting, packing, and throwing out that you’ll have to do to make your home look its best.

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520 W. Huron #21010.11.06

520 W. Huron #210

Price: $545,000
Take a Virtual Tour

Experience fine loft living in this rarely available North East corner condo with soaring timber ceilings and expansive windows. This split floor plan two bedroom loft includes a stunning chef’s kitchen with an 8’ granite island, maple cabinets and stainless steal appliances. This wide open floorplan (almost 1600 square feet) is ideal for versatile furniture placement. Enjoy views of the Chicago skyline and multi million dollar homes from the private balcony and living area. The master bedroom suite has three organized closets, separate shower, soaking tub and double bowl vanity. A beautiful and gracious entryway and in unit washer and dryer complete the package. Un-covered garage parking – 20K. Loft living at it’s best!

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Successful Negotiations Require Compromise10.09.06

Negotiating a purchase price is hard enough these days, but many real estate deals break down during the second round of negotiations over inspection issues. Both buyers and sellers have to be willing to compromise, and perhaps forfeit a little money or pride in the name of closing the deal. This article from the Sun-Times article looks at both sides of the problems that can arise during post-contract home inspections

Posted in Buyers, Repair and Renovation, Sellerswith Comments Off

The Pricing Game Gets Harder10.09.06

Pricing your home in a cooling real estate market can be tricky, because you can no longer rely solely on the sales prices of comparable properties in your neighborhood. When all was going well, sellers and their agents could count on finding recent sales data, adding a time-appropriate increase to that price, and getting offers at or near that level. But now with increasing inventories, homes sit longer on the market, and some people are looking for more creative ways to entice buyers (and no, we’re not talking about offering a free H2 Hummer).

Posted in Sellers, The Marketwith Comments Off