goldenarrowrealty

Posts Tagged ‘Foreclosure Assistance’

Helpful Tips: Mortgage Payment Assistance & Chicago Public Schools Portal

In Avoid Foreclosure, Avoid Mortgage Fraud Scams, Buying Real Estate, Chicago Public Schools, Chicago Real Estate, Chicago Realtor, Chicagoland Real Estate, Chicagoland Real Estate Agent, Chicagoland Realtor, Real Estate, Real Estate Agent, Selling Real Estate, Uncategorized on 09/23/2011 at 9:16 pm

I would like to pass on some important information about the Illinois Hardest Hit Fund which provides temporary mortgage payment assistance for homeowners as part of a joint effort by the Illinois Housing Development Authority (IHDA) and the U.S. Department of Treasury.  You WILL NOT be asked to pay for any eligibility determination services related to this application.

The Chicago Public Schools Parent Portal is another useful link.  Features include email or text messages if a child misses a class or drops below a desired grade percentage.  You will also be able to:  1.) View all absences and tardies; 2.) Have access to recently completed and upcoming assignments with due dates; and 3.) Online access to communicate with your child’s teachers.  Before signing up, you will need your child’s CPS ID# and your unique school-issued PIN #.

We hope you and your family enjoy a happy and safe school year.

As always, let us know if we can help you with any of your real estate questions or concerns.

Visit our website at:  www.ownchicagorealty.com.

Email us at:  honestlyblog@goldenarrowrealty.com.

Advertisements

Helpful Info for Struggling Homeowners & Free Things to Do in Chicago

In Avoid Foreclosure, Buying Real Estate, Chicago Events, Chicago Real Estate, Chicago Realtor, Chicagoland Real Estate, Chicagoland Real Estate Agent, Chicagoland Realtor, Investing in Real Estate, Real Estate, Real Estate Agent, Selling Real Estate, Uncategorized on 09/02/2011 at 10:08 pm

I recently read an article about a struggling homeowner with a happy ending, so I wanted to share it with you.  Not only is it great to hear when someone is able to save their home, but it provides a resource for others overwhelmed by the same types of problems.

This organization helped the homeowner find a non-profit that provided a one-time house payment, another resource which assisted her with her heating bill, and also helped her win an exemption from a recent property tax increase.  To read the entire article, click here.

For anyone looking to save a little money, I found a website with free things to do in Chicago.  You can also send it to friends and relatives in other parts of the country since they provide information for all U.S. cities.  You can check it out here.

Remember, to be extra careful when you’re out on the road this Labor Day weekend.  Until next time, I hope you, your family and friends enjoy a happy and safe holiday.

As always, let us know if we can help you with any of your real estate questions or concerns.

Visit our website at:  www.ownchicagorealty.com.

Email us at:  honestlyblog@goldenarrowrealty.com.

Help Improve Our Economy by Spreading the Word

In Buying Real Estate, Chicago Real Estate, Chicago Realtor, Chicagoland Real Estate, Chicagoland Real Estate Agent, Chicagoland Realtor, Investing in Real Estate, Real Estate, Real Estate Agent, Selling Real Estate on 06/17/2011 at 9:20 pm

Small businesses have the greatest potential to transform our economy.  If you know any business owners who would like to buy a business property, please let them know there are opportunities available with SBA loans with as little as 10 percent down. 

There is also an SBA Express loan which requires less paper work and hassle.  The maximum loan amount is up to $1 million temporarily until 9/26/11.  After that the maximum loan amount will be $350,000.

If a Bank is a Preferred Lender with the SBA, the Bank can usually do a loan without getting approval from SBA. 

If you or someone you know would like more information about this, we can refer you to one of the SBA preferred lenders in our network. 

Click here for a list of SBA business loans.

Let us know if we can ever help you with your real estate needs.

Visit our website at:  www.ownchicagorealty.com.

Email us at:  honestlyblog@goldenarrowrealty.com.

Good News for Buyers & Ethics Legislation for IL

In Buying Real Estate, Chicago Events, Chicago Real Estate, Chicago Realtor, Chicagoland Real Estate, Chicagoland Real Estate Agent, Chicagoland Realtor, Ethics Bill, Investing in Real Estate, Real Estate, Real Estate Agent, Selling Real Estate, Transparency bill on 05/27/2011 at 7:34 pm

 National Rept Says in Chicago it’s “MUCH LESS EXPENSIVE TO BUY THAN TO RENT”

Credit Scores As Low As 500 Can Qualify For Financing

Out of 50 U.S. cities analyzed by Trulia, their recent quarterly report shows that Chicago is among 36 cities that are considered “MUCH LESS EXPENSIVE TO BUY THAN TO RENT.”

You may be thinking, “What does that mean for me?”  It means you should consider buying residential property even if you’re thinking about buying property as an investment.  As we all know, prices are pretty depressed right now, but they will be going up.  If you buy at these prices, you’ll be glad you did when prices go back up.

Don’t think you can?  Why wonder when you can just give it a shot?  You won’t know until you try.  Getting pre-qualified is a quick and easy process.  You just go to a bank or mortgage company and bring your ID and proof of income.  With a credit score as low as 500, I can advise you where you can go to qualify for financing.  If you need a referral, just let me know.  Remember, if you know someone already in foreclosure we might be able to help.  Tell them to call me anytime.

Ethics Legislation You Might Want to Consider Supporting

If you’re fed up with pay-to-play politics, I have good news.  U.S. Rep. Mike Quigley, a Northwest Side Democrat, and Republican, U.S. Sen. Mark Kirk announced ethics legislation on Monday. 

According to the Chicago Sun-times, “One bill would allow Illinois to ban those who hold or bid on large transportation contracts from giving campaign contributions to statewide officeholders who have influence over those contracts. It closes a loophole on a ban that already applies to all other large state contracts.”

“The other ethics measure…would respond to a 2010 U.S. Supreme Court ruling that limits the ability of prosecutors to criminally charge public officials and executives with a failure to deliver ‘honest services.’”

“The measure backed by Kirk and Quigley would restore other definitions of theft of honest services, such as financial self-dealing. It would prohibit an officeholder, the officeholder’s spouse and the officeholder’s private business from benefitting financially from the officeholder’s elected office. ”

For information on these current US bills, click here, look in the middle section for “Legislation in Current Congress” and type in the corresponding bill numbers.

  • Introduced 3/17/11, the transparency bill is:  HR1144. 
  • Introduced 5/13/11, the ethics legislation is:  HR1924. 

Registered voters in the 5th Congressional District can go to Congressman Mike Quigley’s contact page on his website to voice their support for these two bills.  Here’s the link.

Let us know if we can ever help you with your real estate needs.

Visit our website at:  www.ownchicagorealty.com.

Email us at:  honestlyblog@goldenarrowrealty.com.

Foreclosure Assistance in Chicago

In Buying Real Estate, Chicago Events, Chicago Real Estate, Chicago Realtor, Chicagoland Real Estate, Chicagoland Real Estate Agent, Chicagoland Realtor, Investing in Real Estate, Real Estate, Real Estate Agent, Selling Real Estate on 04/26/2011 at 8:31 pm

As good neighbors, we would like to pass on important information about two upcoming events created to help residents needing assistance in order to avoid foreclosure.  We hope you will pass this information on to as many people as possible in hopes that it can help those in distress. 

On Saturday, April 30, 2011 from 10 am – 2pm at Wright College, 4300 N. Narragansett Ave. in Chicago (map), Congressman Mike Quigley (5th District) has organized a Housing Information FairFor details, please click here.

On Saturday, May 14, 2011, Governor Pat Quinn’s Mortgage Relief Project is coming to Lincoln Park High School in Chicago where homeowners will be offered immediate assistance.  For all event information, please click here

For additional information or to receive immediate assistance in advance of the Mortgage Relief Project’s May 14th event, please call IDFPR’s toll-free consumer hotline:  (800) 532-8785 during regular business hours or visit www.idfpr.com or www.ihda.org.  A list of HUD-approved housing counseling agencies in Illinois can be found at www.hud.gov.

Please be sure to let us know if we can be of further assistance.

Visit our website at:  www.ownchicagorealty.com.

Email us at:  honestlyblog@goldenarrowrealty.com.