Wednesday, August 15, 2018

North Shore Yard Projects That Could Help Sell Your Winnetka or Glencoe Home


There is still plenty of summer weather left to enjoy and trust me, buyers are still out in droves searching for their dream homes! So does that mean all you need to do is stick a For Sale sign in the yard and sit back to wait? Absolutely not! There are a few projects that can help you increase your chances of landing a buyer and some of the most important are outdoors!

Below are five yard projects that could help you sell your home in Deerfield, Highland Park, Glencoe, Winnetka, Northbrook, and the surrounding areas:

Remove Debris and Overgrowth
There is nothing that can stop a North Shore homebuyer from coming to your door quicker than the appearance of an overgrown yard. Set aside a weekend to simply clear away debris like weeds, sticks and dead flowers, as well as give the lawn a good mowing.

Clean the Driveway
The elements can take a serious toll on your driveway and leave signs of dirt, grime, and even oil or grease from vehicles. Consider renting a power washer to clear away the stains from the driveway and pathways outside your home.

Remove Yard Clutter
Your home should present its best possible self when buyers arrive for a showing, so start by removing all clutter. This includes picking up kids toys from the yard, storing all lawn tools like rakes, hedge trimmers, and shovels, and even moving your vehicles to the garage. This helps your property to look as tidy as it possibly can.

Cater to the Buyer
If your home is in a great area, note that families may be looking to move in with their children and do your best to cater to them. Do you have a play set in the backyard? Now is the time to clean it up, so these family buyers can envision themselves living in your home.

Set the Scene
Buyers want to imagine entertaining their family and friends in the property and you can help them do so by setting the scene. Arrange your deck furniture in an inviting manner, complete with a clean grill, and maybe even a simple table setting with a candle and flower pot.

Ready to sell, but don't know if your home is ready? As your North Shore real estate expert, I will be your guide to prepping your home and seeing it through the sale! Give me a call today to get started on the selling process!

I look forward to hearing from you!

Janie Bress
Your North Shore Real Estate Expert


North Shore Real Estate
View North Shore Listings
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Local Expert... with National Connections!

Locally or across the country, think of me as your national connection. I can help you with all your real estate needs anywhere in the United States. 

Wednesday, August 8, 2018

4 Reasons North Shore Lenders Will Reject Your Mortgage Application

When you've found your dream home on Chicago's North Shore, the next step is meeting with your local lender to submit a mortgage application. Pending you've already been pre-approved, this next milestone in the homebuying process should be smooth sailing, but there are a few factors that can send you right to the rejection pile.

Below are four reasons why a North Shore lender might reject your mortgage application this year:

You've changed jobs
Lenders like to see two solid years of consistent employment before they will agree to approve a mortgage loan. And while you may not always be in charge of a career move—for instance, if you are laid off—it is best to wait until after your closing to change if you can.

You don't have enough credit
You may think credit cards are a no-go when it's time to buy a home and you are right— somewhat. Your credit score and history are major factors lenders will observe in their decision process, but a lack of credit can be just as troubling as poor credit. If you have yet to build a credit history, it is fine to carry some debt via credit cards, as long as you pay it off on time.

You have poor credit
Lenders will look at your credit score to confirm you are capable of managing debt and paying on time. However, if your credit score is low, not only will you not qualify for favorable loan programs with reasonable rates, you could risk being rejected altogether. Take the time to look into your credit score and clean it up before applying for a loan, if possible.

You opened a new line of credit
Just as I mentioned above, it's important to have credit established, but you'll want to avoid opening anything new while you're in the process of buying a home. This is a red flag to lenders who will want to see that you are responsible with your debt management and opening a new line of credit will both ding your credit and suggest that you might be more of a spender.

Ready to begin searching for your dream home in Winnetka, Highland Park, Deerfield, Glencoe, or Northbrook? Contact me today!

Janie Bress
Your North Shore Real Estate Expert


North Shore Real Estate
View North Shore Listings
Visit My Website


Local Expert... with National Connections!

Locally or across the country, think of me as your national connection. I can help you with all your real estate needs anywhere in the United States. 

Wednesday, August 1, 2018

Common North Shore Homebuying Myths to Ignore

If you're on the fence about buying a home on Chicago's North Shore, you might be surprised to know that what's been holding you back is a complete myth! There are dozens of myths flying around the real estate market surrounding everything from necessary credit scores to the documents you need to qualify for a mortgage.

I'm debunking some of the most common North Shore homebuying myths below so you can buy a home with confidence this year!

Myth: You need a perfect credit score
Many would-be homebuyers are held back from the process simply because they don't think their credit score is high enough. According to real estate industry resource Keeping Current Matters, the average credit score of all approved loans in June 2018 was 726. Don't assume you won't be approved! Your first step should always be meeting with a lender to determine which home loan programs you qualify for on the North Shore.

Myth: You need 20 percent down
Another common myth in real estate is that you need 20 percent down to buy a home or the loan won't be approved. Think again! Many homebuyers today can purchase homes with as little as 3 percent down— even zero down depending on the type of loan! According to Keeping Current Matters, first-time homebuyers put down an average of 6 percent in June.

Myth: You should wait for interest rates to drop
By historical standards, today's interest rates are still incredibly low! Consider this— in the 1980's, interest rates were hovering around 12.7 percent; in the '90s, 8.12 percent! Locking in today's rate of 4.5 percent is still a smart decision if you're planning to buy a home!

Have more questions about buying a home in Northbrook, Highland Park, Glencoe, Deerfield, Winnetka or the surrounding areas? Give me a call today! As your local expert, I am happy to answer everything from first steps to financing to home closings!

Happy house hunting!

Janie Bress
Your North Shore Real Estate Expert


North Shore Real Estate
View North Shore Listings
Visit My Website


Local Expert... with National Connections!

Locally or across the country, think of me as your national connection. I can help you with all your real estate needs anywhere in the United States. 

Wednesday, July 25, 2018

5 Things in Your Glencoe, Winnetka Kitchen That Will Deter Buyers

When you're selling your home on Chicago's North Shore, you will want to take every precaution to ensure you are hooking buyers, not deterring them from putting in an offer. There are dozens of factors that come into play to keep buyers interested in your home. Pricing the property well and getting familiar with home staging are all important, but there's one place you will want to focus your attention on a little more prior to listing— the kitchen.

Below are five things in your Glencoe, Winnetka, Highland Park, Deerfield, or Northbrook kitchen that could be putting buyers off:

Household pests
Especially if you live in an older home, you will likely have an encounter or two with household pests like ants or flies. However, this is the last thing buyers want to see when they tour your home! Make sure you're rid of these bugs (or worse, mice!) before buyers arrive at the front door and at the very least, remove all traps from view.

Clutter
Kitchens are a major selling point for North Shore homes and you want to make sure yours looks as large and clean as possible. One way to do so? Remove all clutter from countertops. When you have small appliances, jars, plates, or knick knacks littering the counters, it can make the space feel smaller than it is.

Litter boxes
If you own a cat, make sure the litter box isn't housed in the kitchen. Of course you love your cat, but not all buyers are cat people. Leaving cat litter, litter boxes, or pet food bowls around can be a red flag to buyers and instantly turn them off.

Your trash 
We all have trash cans somewhere in our kitchen, but no one wants to focus on that when they're touring a North Shore home. If your trash can is out in the open, make sure the can is empty to avoid odors and ensure the space looks as clean as possible.

Dishes
Just as I mentioned that buyers could be turned off by your trash and kitchen clutter, the same goes for dirty dishes. Before buyers arrive, take care to do the dishes in the sink and leave the sink as fresh looking as you can. Dirty dishes give off the impression that you haven't kept up the rest of the property— even if you have.

Curious if your home is ready to sell on the North Shore? Give me a call today for more information and helpful tips to prepare your property for buyers!

I look forward to hearing from you!

Janie Bress
Your North Shore Real Estate Expert


North Shore Real Estate
View North Shore Listings
Visit My Website


Local Expert... with National Connections!

Locally or across the country, think of me as your national connection. I can help you with all your real estate needs anywhere in the United States. 

Wednesday, July 18, 2018

Winnetka Real Estate Market Stats for June 2018

City Active Listings: There are a total of 167 properties actively on the market with the average price of $1,908,936 in Winnetka.

City Sold Listings: 39 properties closed last month in Winnetka with an average sales price of $1,371,167. The average time on market for these properties was 44 days. 


To view the complete report including additional detailed data, charts ad graphs, please view the Winnetka market statistics

Janie Bress
Your North Shore Real Estate Expert


North Shore Real Estate
View North Shore Listings
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Local Expert... with National Connections!

Northbrook Real Estate Market Stats for June 2018

City Active Listings: There are a total of 365 properties actively on the market with the average price of $715,629 in Northbook.

City Sold Listings: 78 properties closed last month in Northbrook with an average sales price of $567,748. The average time on market for these properties was 38 days. 


To view the complete report including additional detailed data, charts ad graphs, please view the Northbrook market statistics

Janie Bress
Your North Shore Real Estate Expert


North Shore Real Estate
View North Shore Listings
Visit My Website


Local Expert... with National Connections!

Highland Park Real Estate Market Stats for June 2018

City Active Listings: There are a total of 361 properties actively on the market with the average price of $912,686 in Highland Park.

City Sold Listings: 61 properties closed last month in Highland Park with an average sales price of $532,584. The average time on market for these properties was 53 days. 


To view the complete report including additional detailed data, charts ad graphs, please view the Highland Park market statistics

Janie Bress
Your North Shore Real Estate Expert


North Shore Real Estate
View North Shore Listings
Visit My Website


Local Expert... with National Connections!