Single Family Homes
Real Estate Tax Increase - Chicago’s Elected Leaders Railroad Higher Surcharge
Selling your home just got a bit more expensive in Chicago.
The 50-member city council acquiesced to Mayor Richard Daley’s faulty logic and pressure from the goof balls in Springfield as they voted to increase the Chicago Real Estate Transfer Tax by $3 (from $7.50 per $1,000 to $10.50).
Before you dismiss this hike as simply a [...]
The Softness of a Major Winter Storm in Chicago
Lightly, lightly fell the snow. And all through the night, like soft fleecy wisps, it gathered and gathered until it coated and covered the streets and sidewalks of Chicago’s Edgewater neighborhood with a shimmering tableau of white.
I woke up this morning to the clarion of my 10-month-old son’s hunger. It was between 6 and 6.30 [...]
Buying Peace of Mind - The Home Inspection
When is a swimming pool not so cool? When it is in the middle of Montrose Avenue in the middle of winter.
That was the case a week ago Tuesday when a 100-year-old water main ruptured at about 1 in the morning, leaving a gaping 80 foot wide chasm some 15 feet deep filled with water [...]
Vexing Taxing Questions - The Ugly Truth about Chicago Transfer Tax
“How much is this going to cost me?”
That’s one of the questions my selling clients ask when it’s time to put their places on the market. They know there’s a tax involved (there’s always a tax involved), they just don’t know how much.
In Chicago the so-called Real Estate Transfer Tax is the seller’s responsibility and [...]
The First Busy Saturday in a Month of Saturdays
If today is any indication it looks like the Chicago housing market is picking up steam amid the January chill.
Unlike any of the past 30 or so Saturdays, today my schedule was jam-packed from start to finish with showings. 1934 Thomas, a new construction two bed/two bath a block south of Division in the East [...]
