RSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page.

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 100-110
  • Now's the time to take advantage of price reductions, other incentives

    Now's the time to take advantage of price reductions, other incentives
    Often, the most enticing incentive for a home buyer is a lower priced house. That lesson hasn't been lost on builders in the Chicago area and nationwide. In the wake of the expiration of the Federal Home Buyers Tax Credit on April 30, the most popular...
  • 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....
  • Where's relief for homeowners who played by rules?

    Where's relief for homeowners who played by rules?
    The misdeeds on Wall Street that worsened the financial crisis have created a legion of angry homeowners asking, "Where's my bailout?" Some homeowners feel justified in walking away from their mortgages. After all, banks and other financial companies...
  • Buying a foreclosure

    Buying a foreclosure
    One way to help an ailing housing market regain its health is to clear the books of foreclosures. Buying foreclosed properties can help mitigate this sad chapter and turn to a promising new one by ensuring a neighborhood maintains its value and property...
  • The long and short of short sales

    The long and short of short sales
    On an afternoon in late May, Chicago real estate agent Gary Lucido, president of Lucid Realty, glanced at the chicagohousingstats.com website. Among the stats grabbing his attention was one showing Chicago-area home prices had fallen 27.3 percent from...
  • 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...
  • Moral bankruptcy?

    Moral bankruptcy?
    Cash-strapped, jobless and denied a loan modification, Del Phillips faced the same straits as millions of homeowners who risk losing their homes to mortgage lenders. Some have struggled unsuccessfully to keep their homes, and others have just walked...
  • 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...
  • 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...
  • Text of President Obama's State of the Union address

    Text of President Obama's State of the Union address
    Text of President Barack Obama's State of the Union address, as provided by the White House: Mr. Speaker, Mr. Vice President, members of Congress, distinguished guests and fellow Americans: Last month, I went to Andrews Air Force Base and welcomed...
  • Obama gets economic tour underway

     
    by John McCormick RALEIGH, N.C. - The general election presidential campaign debate over pocketbook issues got underway in earnest today, as Sen. Barack Obama's economic policy team teed-up a speech he is about to give here. (The speech, as prepared......