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Chicago Mortgages

A collection of news and information related to Chicago Mortgages published by this site and its partners.

Top Chicago Mortgages Articles

Displaying items 241-252
  • Can you sell your home through short sale?

    A short sale is anything but an easy real estate transaction for sellers. It requires more work, often involves negotiators, and is characterized by the seller asking the lender to make a concession to allow the sale to proceed. But there is good...
  • Tax credit, low rates favor home buyer

    Tax credit, low rates favor home buyer
    Spring 2010 is shaping up to be an excellent time to buy a newly constructed home. But you have to move fast. All indicators point to an opportune environment that the smart buyer can't - and won't - ignore. "Today is a great time to buy a newly...
  • $20 million in loans to felons

    $20 million in loans to felons
    The family bank of Democratic Senate candidate Alexi Giannoulias loaned a pair of Chicago crime figures about $20 million during a 14-month period when Giannoulias was a senior loan officer, according to a Tribune examination that provides new details...
  • Builders likely to offer incentives after federal tax credits expire

    With the April 30 deadline looming, home buyers need to get a move on if they hope to qualify for the federal tax credits of $8,000 for first-timers or $6,500 for owners wishing to move up. But even if you don't have a binding contract in place by the...
  • White-hat "hero" or mortgage scammer?

    White-hat "hero" or mortgage scammer?
    The accusations that have piled up against Eliseo Carrillo run counter to the image the Chicago entrepreneur cultivated as a champion of Latino immigrants. As the housing market weakened in recent years, Carrillo's smiling face appeared on billboards...
  • 10 tips for downsizing Baby Boomers

    10 tips for downsizing Baby Boomers
    Many Boomers tired of waiting for the real estate market to improve to sell their homes might want to consider making a move now. The housing market appears to be stabilizing and home sales are picking up. And, while owners may not get as much for their...
  • Buyers scramble to close deals by June 30 deadline to get federal tax credit

    Buyers scramble to close deals by June 30 deadline to get federal tax credit
    Reporting from Washington — For home buyers who scrambled to meet the April 30 federal tax credit deadline for completed contracts, there's a new challenge looming: Can they nail down their mortgage financing and get to closing before the program...
  • Time for homebuyers to get savvy about appraisals

    Time for homebuyers to get savvy about appraisals
    If you haven't bought or sold a home since May 1, 2009, you may not be aware that there have been drastic changes to a part of the process previously considered perfunctory: the appraisal. Last year, a new regulation called the Home Valuation Code of...
  • "Fix Your Mortgage" Foreclosure Prevention Event

    "Fix Your Mortgage" Foreclosure Prevention Event
    June 5--Neighborhood Housing Services of Chicago is hosting the FREE "Fix Your Mortgage" Foreclosure Prevention Event At Curie Metro High School on Chicago's South Side (9 S. Archer Ave, Chicago, IL 60632) from 9:30am to 2pm. br> The "Fix Your Mortgage"...
  • Renting what you can't sell

    Renting what you can't sell
    When Ed Amaya put his Oak Park bungalow up for sale in mid-2007, homes in his neighborhood sold in a matter of days, weeks at the most. "We had some showings; got close to a deal," recalled Amaya. But as the housing market soured, a sale proved elusive....
  • Facing foreclosure?

    Facing foreclosure?
    Attention owners who are in danger of losing your homes: Your fate is in your own hands. Sadly, there may be no way out for the worst off of you. If you have lost your job and have no prospects for another one, for example, there may be no getting around...
  • Special Treatment Keeps Them Under the Radar

    One Nevada judge was nearly indicted on blackmail charges. Another ruled repeatedly for a casino corporation in which he held more than 10,000 shares. Still another overruled state authorities and decided in favor of a gambling boss who was notorious as a...