The Real Estate Book of Chicago West & Far West Suburbs - Vol 8#3

Jerry Hill Erin Hill Powers

HAVE MORE LISTINGS!

Buying or Selling...Contact Us TODAY To

Discuss Your Real

Changed and Your Home May Be Worth More Than You Think...Call Us TODAY! Buying or Selling...Contact Us TODAY To Discuss Your Real Estate Needs. SOLD! SOLD! SOLD! SOLD! SOLD! WE HAVE MORE LISTINGS! Call us today about our Private Listings - 630-513-1771 The Rullo Team Advantage Worked for 100+ Buyers and Sellers in 2020! Homes Are Selling Fast, Buyers Are Waiting For Homes and Interest Rates Are Historically Low! The Real Estate Market Has Changed and Your Home May Be Worth More Than You Think...Call Us TODAY! Buying or Selling...Contact Us TODAY To Discuss Your Real Estate Needs. SOLD! SOLD! SOLD! SOLD! SOLD! WE HAVE MORE LISTINGS! Call us today about our Private Listings - 630-513-1771 Advantage Worked and Sellers in 2020! Buyers Are Waiting For TODAY To Discuss Your Real SOLD! SOLD! SOLD! MORE LISTINGS! our Private Listings - 630-513-1771 630-330-7570

Great Opportunity Nice Ranch Home 3 BDR/2 BA

Sheridan | $214,900

MLS #11658369

Text RBJMVTQ to 52187

Text RBJKWHY to 52187

22 Acres 2 Homes 7 Outbuildings

Elburn | $900,000

MLS #11720499

Text RBJGHWQ to 52187

Prime Opportunity Approximately 5 Acres Zoned Ag

Aurora | $2,800,000

MLS #11608141

Call 630-896-5000

MAGDA EMMERT Buyer’s/Seller’s Agent (317) 372-8251

Beautifully Remodeled Brick Ranch

3 BDR/2 BA

Aurora | $334,900

MLS #11724369

Call 630-896-5000

Plano | $189,050

MLS #11691936

Call 630-879-9555

Heart of Austin Area Brick 2 Flat

Chicago | $375,000

MLS #11632492

Call 630-553-5060

Updated Mixed Use Property 1st Flr Comm/2nd Flr 3 Bed Unit

Aurora | $344,999

MLS #11616733

Call 630-896-5000

Plano | $253,575

MLS #11692018

Call 630-879-9555

Solid

3 BDR/2 BA

Aurora | $324,900

MLS #11719990

Call 630-896-5000

3 BDR/3.1 BA

Somonauk | $194,900

MLS #11630588

Call 815-786-3200

Somonauk | $135,900

MLS #11369169

Call 815-786-3200

4 BDR/2 BA

Sheridan | $1,500,000

MLS #11622609

Call 630-553-5060

Text RBJHRTK to 52187

Text RBJMNCW to 52187

Text RBJDXZH to 52187

Text RBJFLRP to 52187

Text RBJKWKN to 52187

Brick Ranch Unincorporated

Text RBJMNCT to 52187

2 Story Home in Illowa Farms

Text RBJGFHJ to 52187

So Much Charm & Character Built Mid 1900's

Text RBHSNSL to 52187

30 Acre Beauty - Fox River Frontage

Text RBJFTJK to 52187

HERE ARE 10 RESOURCES YOU NEED WHEN SELLING A HOME

MORTGAGE LENDER - Getting preapproved by a lender for a mortgage helps you shop for homes within your means and shows you’re a serious buyer. A lender can estimate how much mortgage you’ll likely qualify for and preliminary loan terms.

PROFESSIONAL PHOTOGRAPHER

-Homes that use a professional photographer sell faster than homes with standard photos. Homebuyers judge whether or not to walk through a property by first seeing the listing photos online.

HOME STAGER - Home staging helps to prepare your home to sell so it appeals to the most potential buyers who will pay the highest possible price. They will give you advice on decluttering and can provide furniture and accessories if needed.

HOME INSPECTOR - Having a Home Inspection prior to selling lets you know of any issues and what repairs you should make to help improve the buyer’s confidence. There is also less likelihood of price negotiations.

HOME WARRANTY - Offering a home warranty will give your buyers comfort knowing that issues that may arise, such as appliance malfunction, HVAC, plumbing etc are covered by just a small service fee (some restrictions may apply).

INSURANCE - If you are purchasing another home Mortgage lenders require homeowners insurance. You also deserve peace of mind knowing that your most expensive purchase is protected.

TITLE COMPANY - Title companies do a title search which is an examination of public records to determine and confirm a property’s legal ownership, and to find out whether there are any liens or claims on the property.

ATTORNEY - Real estate att orneys help oversee home sales, from t he moment the contract is signed through the negotiating period to closing. A seller’s attorney reviews sales contracts, communicates terms in a professional manner and attends closings to prevent mishaps.

MOVING & STORAGE - Hiring professional movers offloads the stresses of packing, heavy-lifting, and transporting and is well worth the money spent. For others, saving that money through a doit-yourself move is the way to go. There are also ways to mix-andmatch your services to get the help you really need

HOME SERVICES - You may need t o freshen up your home with minor repairs, paint, flooring or landscaping before selling your home. It is good to have some resources before selling. Your REALTOR can usually give you some home services referrals.

To Work with a Realtor®

29 Ways It Pays

DETERMINE HOW MUCH YOU CAN AFFORD.

NOW IS A GREAT TIME TO BUY OR SELL A HOME!

Consider all the steps you will personally have to complete.

Review & sign closing documents.

Negotiate terms of sale or purchase including repairs of concessions. Research neighborhoods and local amenities.

CHOOSE mORTgAgE LEnDER.

Obtain homeowners’ insurance.

Analyze comparable home sales and make offer on new home.

Schedule appointments to show current home or to see new ones.

ORDER TITLE SEARCH.

Find attorney to draft contract.

Host open houses to sell existing home.

Review and approve contract.

CONDUCT FINAL WALK-THROUGHS OF HOME.

Investigate school system.

Consider offers for current home.

COORDINATE CLOSING WITH LENDER, TITLE COMPANY AND CUSTOMER.

PuT ExISTIng HOuSE On mARkET.

Arrange home and pest inspections on new home.

Price existing home without the input of market expert.

gET SIgnED COnTRACT TO SELLER.

Obtain title insurance.

Decide where to advertise to reach best potential buyers.

Hire attorney or title company to complete closing research.

FIND NEW HOME WITH ALL THE FEATURES YOU WANT.

Review homeowners’ association documents for new home.

HIRE SURVEYOR TO SURVEY PROPERTY.

Review and approve closing costs.

Meet home and pest inspectors for review of current home.

Debbi Brinegar

Kathy Koca Keller Williams Inspire Elgin,

Patricia became a licensed REALTOR® in 2006. She is passionate about helping people. Patricia is an expert negotiator always working to help her buyers and sellers make the best decisions. Continuing education is a priority for Patricia. She has earned numerous industry designations and awards including PMN, C2EX, AHWD and CDPE.

Patricia is involved in several professional organizations. She is currently President Elect of The REALTOR® Association of Fox Valley and serves on numerous committees. She is past President of The Women’s Council of REALTORS® Fox Valley, and was awarded REALTOR of the Year in 2022.

Patricia raised her 3 sons as a single mom and is the proud Grandma to 2 girls and 2 boys. She is married to her wonderful husband of 23 years and has 2 Labrador Retrievers. She recently adopted a cat because her client was unable to take him when she moved. Patricia keeps in touch with her past clients and has remained friends with many of them. In her free time she enjoys volunteering her time, being with friends and traveling.

With Spring Around the Corner, I Bet You Would Love a New Home!

Spring is all about planting roots and new growth. Moving into your dream home will warm the hearts of you and your family for many years to come.

Buying and selling a home can be scary. That is why you need to hire a professional REALTOR to guide you through the process. From prepping your home to sell to the closing table, your REALTOR will be there every step of the way.

Check out page 8 and 9 to read this months article

“29 Ways It Pays To Work With a REALTOR”. This issue is packed with REALTORS, and other real estate related service providers who are the best in the business! Be sure to tell them you found them in The Real Estate Book Home & Lifestyle Guide.

Happy Spring!

Publisher/Owner capture media, inc 630-464-2245

SHOULD YOU FIX UP A HOME OR SELL ‘AS IS’?

home warranty?

By Ilyce R. Glink and Samuel J. Tamkin

By Ilyce R. Glink & Samuel J. Tamkin

Some readers felt we never fully answered the question recent sales of homes that the agents think are comparable to yours and take a deep dive when looking at the listing descriptions. (Due to some recent changes in how websites list properties that have recently sold, you may not be able to see photos of homes that have already closed. You should spend more time chatting with the agents about these homes, so you have an understanding of what condition they were in when they were for sale.)

4. How does your home compare to those that are selling? It doesn’t matter what the identical home would sell for in a different neighborhood, because you can’t move your house. So if, like our correspondent, you find your home is located in a declining neighborhood, you’re less likely to get more for the property whether you’re selling in “as is” or topnotch condition. If homes that are renovated or are at least updated are selling and homes in “as is” condition are sitting, you may have your answer – particularly if you

But if you live in a gentrifying neighborhood, where property prices are rising, developers might be looking for homes to renovate and flip for a quick profit. In that case, you could probably get a better multiple for doing a moderate upgrade yourself (provided you have the cash) but could still sell quickly in “as is” condition. Now,

basic plan typically plumbing and heating with many appliances. items from the list sure that you buy However, most home add coverage for Some warranties of a specific period and you pay for a days later, you won't same problem. For example, if may include additional freezers, pools and appliances and home specific costs for each plan. You may also platinum, gold or Be sure to read the specifically under Keep in mind that year and you'll pay plan. But the home working order on agreed to). They broken) at closing. machine is on its buy a home warranty machine the week

5. How much fixing up will you

Ask the agent if your home would sell for more if fixed up and what the agent thinks you should do to improve both the home sale timeline and ultimate net price you receive. Do you need to do a major or minor remodel of the kitchen and bathrooms, or can you get away with spending a few thousand bucks to repaint, replace a few light fixtures, regrout bathroom tiles, and clean the carpet and floors? The agents you interview should be able to give

Interestingly, for plans now cover the locks. With this rekey home will have new warranty from day

Before you whip reviews about these them online, check long they have been that do business in minimum, their registrations should be current. pay close attention a pattern indicating

6. How much profit can you

If you're looking your favorite internet warranty companies." comparisons of various ©2021 Ilyce R. Glink and

If it turns out that your neighborhood is improving and all sorts of renovated and unrenovated homes are in demand, then it’s about the price differential: How much more money you could sell your home for if you renovate, and will the net profit you earn on those renovations be worth the time, trouble and risk that things might not turn out as planned? While these are tough questions to answer, you’re better off facing them now, before you start writing checks.

©2022 Ilyce R. Glink And Samuel J. Tamkin. Distributed By Tribune Content Agency, LLC.

“Erin and Jerry are the actual “Dream-Team” for realty. They are quick, efficient, reliable, and have great connections, making the whole process, whether buying or selling, straight-forward and less stressful. We have worked with them twice now and have nothing but good things to say about them; we would not put something as important as our home in anyone else’s hands. Highly recommend.” Andrea Koenig, Montgomery, IL