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REAL ESTATE News

Freddie Mac & Fannie May Takeover Explained

Treasury Secretary Henry Paulson announces a rescue plan for mortgage finance giants Fannie Mae and Freddie Mac at a news conference in Washington, D.C., on Sunday (AP).

Top Ten Ways Sellers Can Guarantee
Their Home Won't Sell

A sage once quipped, "Money is only important when you don't want something enough." Real estate expert R. L. Brown said that if half of the 58,000 sellers in Maricopa County removed their for-sale signs, we'd be at normal inventory levels.

Property Taxes In IL...Know Your Rights

As a homeowner, there are some important things to know about taxes on real property and about tax bills in order to ensure that your property is assessed appropriately and fairly.  Note: This article is in PDF format and will open in a new window

You're Not Alone If You're Having Trouble Paying Your Mortgage

The housing boom led to a record home-ownership rate of nearly 70 percent, but some homeowners now face problems making their mortgage payments and can’t refinance their loans. Note: This article is in PDF format and will open in a new window

Realtor.com and Remax Top Search Terms

A recent study by Hitwise, an online competitive intelligence service, ranks ‘realtor.com' and ‘remax' as the two most frequently used real estate search terms on the Internet.

New Radon Law

Effective date is January 1, 2008, the Illinois Radon Awareness Act will go into effect, requiring disclosure upon the sale of residential real estate.

RE/MAX Website: Best In Chicago 2006

The RE/MAX website for Northern Illinois, www.illinoisproperty.com, was named the Best Real Estate Website in the Chicago area by suburban real estate agents in the 2006 agent poll.

Buyer's Incentives for a Slow Market

In a slowing market, sellers can find it tempting to believe in magic solutions. With unsold inventories growing in most areas, some sellers resort to offering flashy incentives for buyers.

Homeowners: Can't Pay? Just Walk Away

More and more borrowers are watching their house values sink while the cost of their loans skyrockets. What to do? Skip out on the mortgage all together.

 

 



 

     
   
     
 
     
 

FREE Homebuyer's Toolkit

Click here to get your FREE copy
 

 
     
 

GUIDE TO
McHenry County

This handy guide was developed by to assist homeowners and potential home buyers in finding shopping, restaurants, golf courses, hotels, services, etc., in Northern McHenry County.  Click the link below to open the guide in a new window:

Shopping & Services Guide for McHenry County
 

 
     
 

When to Start
Looking For a Home

Don't wait until you have the money! Most buyers aren't aware of all the financing options available to them that require little or no down payment. Ask your "Buyers Agent" to recommend qualified & reputable lenders.

Check into your mortgage options. You'll want to obtain a written "Pre-Approval" from a mortgage lender indicating the amount you will be qualified to borrow.

Where would you like to live? Do you want to be in a certain school district? Need to be close to major highway or train? Concentrate your beginning point there.

Think about your household needs. How many bedrooms you need, floor plan or design, size of garage, etc…

Are you renting? Allow enough time so that when you are ready to move, you will be able to go right into your new home. Your "Buyers Agent" can help you time it just right!

Begin researching the market before you intend to buy. Start 6-9 months early! Ask your "Buyers Agent" to start sending you listings. Through the internet & your e-mail you can receive automated "up to the minute" notice on homes that fit your criteria and price range as soon as they become available to the market. Through "Connect MLS" (A direct link to the Multiple Listing Service of Illinois which services 1000's of listings from all it's member offices)

Learn about disclosures and contracts.  Last but certainly not least, have your "Buyers Agent" sit down and educate you on the many forms and documents you will be asked to sign. It is a complex process that has many potential pitfalls and glitches that demand the undivided attention and involvement of a Real Estate Professional who has been trained in the intricacies of negotiating and finalizing a transaction to completion. For many people, buying a home is an extremely emotional experience. Technology is a wonderful and powerful too, but that's precisely what it is. It cannot and never will be able to offer the assurance, guidance and friendship that are unique to the kind of personal interaction which a "Buyers Agent" and their clients enjoy. It's important to have someone to guide you through the process, strongly negotiate on your behalf and ensure you're playing with the market, not against it!

We work hard for you!

 
     
 

agent profile

Mary Opfer
Managing Broker, E-Pro, ABR, ASP Buyer & Seller Representation

Mary Opfer is the leader of The Mary Opfer Team at REMAX Unlimited Northwest in Cary, Illinois.  Dedicated to providing service with quality, value and integrity to all, Mary has been buying and selling homes and real estate in the Village of Cary and the Cary Grove area since 1989, and has closed in excess of 118 Million Dollars in career sales …and counting.

 
     
   
 
     
   
     

Mary Opfer, Managing Broker, Team Leader, ABR, ASP, SFR, Buyer & Seller Representation

REMAX Unlimited Northwest
7107 Pingree Road
Crystal Lake, Illinois 60014

Serving the Northwest Suburbs