freddie mac

Freddie Mac and Fannie Mae Loans When You Acquire More than 10 Properties

Freddie Mac and Fannie Mae only allow 10 properties…right? Right…and wrong. It depends on the loan value of the asset. For instance, if an investor purchases 10 properties (maximum of 40 units) that are considered residential (4 units or less), then that investor is capped and can not put any Freddie or Fannie properties in […]

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investor

Why Being A Real Estate Investor is Better than Being a Real Estate Agent

Investor Lessons… If there’s one thing I’ve learned, it’s that real estate investors are constantly in an internal struggle to understand if they should obtain the real estate broker license or not. Reasons include: Access to the multiple listing service A better understanding of real estate documents and contracts A means to earn real estate […]

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Understanding Escrow Accounts and Prepaid Mortgage Interest

As part three of our series in understanding the buckets of cash involved in a home purchase transaction, we cover the escrow accounts and prepaid items involved in the purchase of a home.  Setting aside multiple months of prorated insurance premiums and property taxes play into this equation. Now, don’t let these $$$ intimidate you! […]

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sell my home

Best Websites to Review School Performance and Ratings

We all want the best for our kids and to assist in their personal development by getting the best education available, but, are the school ratings really what they are cracked up to be?  As a Realtor, while we can not steer any consumer in the direction of a school or discuss which may be […]

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MORTGAGE CALCULATOR

Register for Pocket Listings List of Homes

Register for our First Quarter “Non-Exclusive Pocket Real Estate Listings” Report Numerous sellers, throughout the Kane and DuPage county areas, are willing to notify us of their interest in selling their home although they may not wish to broadcast the sale to the general public in the most effective manner.  These are called “pocket listings” […]

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downpayment assistance

Homeowner’s Edge Loan Plus (HELP) Program

Homeowner’s Edge Loan Program (HELP) Earn 5% Downpayment Assistance or Up to $20,000 in Downpayment Assistance! HELP has no income maximums to qualify. Can be used in a refinance or purchase transaction in Illinois or Wisconsin. Must purchase within certain census tracts in either state. Available through Compass Mortgage! Learn more by Clicking Here

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