Monthly Archives: November 2014

4 Bedroom Home in Orland Park with Enviable Outdoor Garden and Living Area

Yes, Winter in Chicago is here and the “white stuff” SNOW is already starting to make an appearance. BUT it is only 136 days to Spring flowers. This 4 bedroom home in Orland Park offers exceptional landscaping with great outdoor space to remind us of warmer days and outdoor living with barbeques, bonfires and enjoying a warm sunny day. This 4 bedroom home in Orland Park is for sale at $509,900 and offers easy ranch living with an open floor plan with 3 bedrooms on the main floor, including the master suite, plus a loft suite with full bath, bedroom and sitting area and a full related living suite with full kitchen, 2nd laundry, two additional bedrooms and huge open living area.

The Outdoor Garden in this 4 bedroom home in Orland Park includes an electronic Sunsetter retractable awning to shade the patio area. The patio area is surrounded by brick paver wall and decorative iron fencing.

Included Planter boxes on the brick wall of this 4 bedroom home in Orland Park can be filled with perennials or colorful annual flowers as seen in this picture.

Perennial plantings in this 4 bedroom home in Orland Park surround the patio area and exterior perimeter of the home featuring multi-seasonal plantings which will give color and look elegant and manicured in every season. This is the back yard everyone wants. It is available in this 4 bedroom home in Orland Park for $509,900 along with a 3,100 square foot upgraded executive ranch home. With granite counters, hardwood flooring, volume ceiling and decorative custom features, this home is beautiful and elegant inside and out. deerpoint garden 14

Veterans Benefits can make Homebuying Easier

Today on Veterans Day, we celebrate and thank men and women vets past and present for their service and sacrifice. But there are more tangible 24/7/365 benefits offered in housing that give an advantage to veterans buying a home.

VA loans are a huge benefit. You can use it any time, one home at a time. VA loans are currently the only NO MONEY DOWN option offered for veterans buying a home. AND for veterans buying a home with low money down usually comes with a PMI private mortgage insurance kicker that can be a couple hundred dollars per month. Veterans buying a home DO NOT HAVE ANY PMI. Huge savings and can help qualify for veterans buying a home in a different price range for the same monthly payment. Veterans buying a home need to have a 640 credit score and qualify for the loan on the debt to income ratio. There is a service fee that is tacked onto the back of the loan, so you don’t ever see it really. Also, there are condition standards that the home must meet. This can make foreclosure homes a little more difficult for veterans buying a home (but no more difficult than FHA financing) BUT not impossible. Veterans buying a home and considering foreclosures need to work with a Realtor and lender who are familiar with the requirements. You also will need a termite inspection (no other loans require) and about 45 days to close.

In Illinois, the Illinois Department of Housing also offers a program for Veterans buying a home to receive $10,000 to pay for closing costs, etc. With no down payment, after closing costs are paid for, the extra money can go to paying down the mortgage loan, which means getting a discount on the home. Great program. Doesn’t have to be done on a VA loan. Can be an FHA or conventional loan. Eligibility does have an income maximum and Veterans can not own another home at the same time to use the program. BUT it CAN be combined with other downpayment grant or assistance monies in certain state areas.
I have sold several homes with the use of these programs, both combined and separately and it enabled my
Veterans buying a home to get a home faster and get more home for the same money.

Not all lenders can do VA loans or participate in the IDHA Heroes program. And not all lenders offer the program, even if they can do it. This was the case with several of my clients. Make sure to ask your lender if they participate in the program. Information about both these programs is available online at idha.gov, hud.gov and benefits.va/gov/homeloans.

Another feature for veterans buying a home or just living in a home is the various tax exemptions offered by various counties. An exemption on your taxes is like a discount offered to certain people like homeowners, seniors, disabled people and veterans. This tax exemption or discount deducts a portion of your assessed value, which you are taxed on. Anything helps when it comes to taxes. You need to apply for the exemption with the county you are in and some you need to renew each year. Cook County, for example, offers tax exemption discounts to Returning Veterans and Disabled Veterans. More information and forms at http://www.cookcountyassessor.com/exemptions.aspx. Will County offers many Veteran exemptions including Returning Veterans, Disabled Veterans, special homeowner exemption for Disabled Veterans and tax exemption for Veteran Organizations (like VFW, American Legion, etc.). More information at http://www.willcountysoa.com/exemptions.aspx.

Buyers and Sellers – Don’t Hibernate in Winter holidays – Get ahead of the rest

Just like bears and other animals, in traditional real estate culture, buying a home and selling a home used to hibernate during the winter months, creating a market halting paradox.

Sellers take selling a home off the market because they think people buying a home will be too busy stuffing turkeys and shopping, partying and preparing for the holiday daze to look at homes or cloistered in their homes because of the cold weather.

Conversely, buyers who are buying a home think there are not enough homes on the market to have a representative showing of what is available – because there are less homes on the market.

Meanwhile, interest rates are still at record lows RIGHT NOW and there are programs out there offering free money to buyers – for how long? who knows? Buyers who are buying a home still need to find someplace to live and sellers who are selling a home still need to move into their new homes or their new lives, whatever their selling motivation is.

Yes, during this holiday time, everyone has a few extras things to do and yes, it is often cold, snowy and unpleasant to be running around looking at homes. BUT if we think out of the pretty holiday bowed and glittered box, we will see that buyers who are buying a home still need to find someplace to live and sellers who are selling a home still need to move on to their next adventure. This doesn’t stop because of the holidays or winter weather.

Sellers – buyers looking during this time are serious. They are more motivated. With less homes on the market, yours will stand out with a spotlight on it by default. Yes, you will be inconvenienced at a busier and you will gain market time during the slower winter months, BUT with less competition you will get the attention of serious buyers and are more likely to sell faster.

Buyers – Yes, it is cold out and you have a lot of things to do, but you need to live somewhere and buying is a priority. With low interest rates you can save money. There are sometimes less properties out there but for the ones out there during the winter months, you will find less competition from other buyers who stopped looking during this time. So, less multiple offer situations, less times when homes you like are gone before you can get them. AND sellers on the market at this time are smart and motivated.

Whether you are a buyer or seller, one thing is the same. You want to move forward with your plans. Why wait months just because of the weather? The faster you get done, the faster you can save money and/or move onto your future.

4 bedroom home in Orland Park, Ranch with Related Living, Open House Sun. Nov. 4 from 1-3 pm

Upgraded Kitchen in open floor plan 10848deerpoint.greatcustomhome.com

Upgraded Kitchen in open floor plan 10848deerpoint.greatcustomhome.com

On Sunday November 4 from 1 to 3pm., there will be an Open House at 10848 Deer Point Drive in Orland Park featuring the 4 bedroom Orland Park ranch home.

This 4 bedroom Orland Park Home located at is a unique ranch design that will fit many people’s needs. Located in Deer Point Estates in Orland Park, this 4 bedroom Orland Park home is an executive flexible and expandable ranch with 3 bedrooms ranch living on the first floor, a loft guest suite on the second floor and a huge related living suite in the basement, and 3-car attached garage.

Just minutes away from the Orland Park Centennial School District 135 School in Orland Park and within the Carl Sandburg High School District 230 in Orland Park, this 4 bedroom Orland Park home features an open floor plan ranch home design with easy flow between the kitchen, family room and breakfast room.

This 4 bedroom home in Orland Park is being offered at a list price of $509,900 by Suzanne Hamilton,managing broker of RE Homes Source. Information and pictures on this 4 bedroom home in Orland Park can be obtained on the private website at www.10848deerpoint.greatcustomhome.com or by texting “6593381″ to 79564

4 bedroom Orland Park Ranch Home For Sale – Just Listed

overlook to open family room from loft guest suite

overlook to open family room from loft guest suite

This 4 bedroom Orland Park Home located at 10848 Deer Point Drive in Orland Park is a unique ranch design that will fit many people’s needs. Located in Deer Point Estates in Orland Park, this 4 bedroom Orland Park home executive ranch is flexible and expandable with 3 bedrooms ranch living on the first floor, a loft guest suite on the second floor and a huge related living suite in the basement, and 3-car attached garage.

Just minutes away from the Orland Park Centennial School District 135 School in Orland Park and within the Carl Sandburg High School District 230 in Orland Park, this 4 bedroom Orland Park home features an open floor plan ranch home design with easy flow between the kitchen, family room and breakfast room.

The formal areas of the 4 bedroom home in Orland Park feature a living and dining room with high volume and decorative ceilings. The living room has a tray ceiling and the dining room has a high ceiling with dentil and crown mouldings.

The related living area in the basement of this 4 bedroom ranch home in Orland Park offers a inlaw arrangement which is a perfect apartment for elderly parents or adult children returning to the nest. It can even be used for out-of-town guests. With a full kitchen, two large bedrooms, which makes 6 bedrooms in the home, huge sitting area and full bath and laundry, this level offers a private complete living space. All the doorways and the bathroom were built with handicapped access in mind. Each doorway is 3 foot to allow wheelchair access and the bathroom is wheelchair accessible. A stair lift could be used to go in and out of the basement.

The large master bedroom of this 4 bedroom home in Orland Park features a tray ceiling, walk-in closet and huge bath with separate shower, whirlpool tub and two separate his and hers long sink vanities.

The loft guest suite of this 4 bedroom home in Orland Park offers a nice loft sitting area overlooking the family room, kitchen and breakfast area and contains a bedroom and full bath. Would be a great area for an office or computer area with tons of natural light streaming through the skylights or easy guest suite.

The curb appeal of this 4 bedroom home in Orland Park is exceptional with upscale landscaping in the front and in the back, a large patio area surrounded by a paver brick wall. An electronic sunsetter awning provides a great space for outdoor living and enjoying the all season floral garden.

This 4 bedroom home in Orland Park is being offered at a list price of $509,900 by Suzanne Hamilton,managing broker of RE Homes Source. Information and pictures on this 4 bedroom home in Orland Park can be obtained on the private website at www.10848deerpoint.greatcustomhome.com or by texting “6593381” to 79564