If you live in or around Chicago then you know that a huge ‘buzz’ in the real estate industry lately is the new ‘606 Trail’ aka ‘Bloomingdale Trail’. It’s a section of an abandoned railroad line that has been converted to a very pleasant hiking/biking trail. If you live in or around Chicago you also know that our politicians have a long history of taking advantage of real estate opportunities. Continue Reading →
Normal bathroom activities such as showering, bathing, etc. can significantly raise your indoor humidity levels. In fact, studies have shown that the typical family of four converts three gallons of water into water vapor every day, and it only requires four to six pints of water to raise the indoor relatively humidity of a 1,000 square foot home from 40 to 60 percent. In turn, this excess moisture is a complex problem that can cause a number of undesirable conditions such as the following: Continue Reading →
If you’re a Seller, then you should be aware of several things that may make the inspection process more efficient. Home inspections usually vary in times from two to five hours, depending on the size of the house.
The following tips will help you be prepared for your home inspection. Continue Reading →
- New construction – Builders often will not allow an “inspection contingency”. Once you sign a contract to buy the home that they are building, you are usually locked-in to the purchase, except for some instances when you cannot obtain financing. Such contracts are definitely slanted in favor of the builder, but the logic here is pretty easy to understand. Builders will offer limited warranties on their homes and any issues that surface during an inspection will likely be covered by such a warranty. Continue Reading →
In Chicago condominiums are abundant, we often have occasion to speak with buyers who are anguishing over whether they need an inspection or not. Just like buyers who are purchasing a newly built home, condominium purchasers often feel that it’s not necessary to get a home inspection. The main reason for condos is that new buyers often believe that anything wrong with the unit is the responsibility of someone else – namely the condo association. Continue Reading →