The subzero weather shouldn’t prevent the US Postal Service from delivering 1st installment property tax bills to Cook County homeowners. Yours may have arrived in the mail by now, or it will shortly. The first installment of your 2013 property tax bill, due on March 4th, equals 55% of your 2012 tax bill. For more information, visit the Cook County Treasurer’s Office web site:
See all these folks?
They’re looking up at the clock in the town square and realizing they all arrived at work an hour early!
So . . . Don’t forget to turn back your clock at 2am on Sunday, November 3rd!
Evanston Fire & Life Safety Services is proactively reminding everyone to also remember to change the batteries in all your home’s smoke and CO detectors.
As an incentive to get on board with this safety measure, Evanston’s firefighters/paramedics will be handing out batteries at the Central St. CTA station and the Davis St. and Main St. commuter train stations from 5:30-6:30pm on Fri., Nov. 1.
Smoke detectors save lives and approximately two-thirds of home fire deaths resulted from fires in homes with no smoke detectors or no working smoke detectors. To learn about the best detectors to have in your home and safety tips, click here.
Stabilization of interest rates and a continuation of a variety of mortgage programs will be key factors in sustaining momentum in the housing market. Regarding interest rates, one way to gain some perspective is to look at the average interest rates over the last few decades. I don’t know about you, but I sure am glad it’s not 1983 . . .
For home sellers in Evanston, Time is on Your Side! The average number of days on market was 63 YTD through August 2013, and 50 for the month of August. What’s also encouraging is that other market indicators that typically favor sellers are remaining resilient: inventory remains low, and prices are gradually rising. The accompanying graph illustrates how much inventory has dropped over the past few years, as the market continues to stabilize.
So the lesson for right now is that positive indicators are in your favor if you feel that now is the time to sell. Please give me a call to discuss your needs, and how I can help you achieve your goals!
SO YOU JUST REFINANCED your fixed-rate mortgage within the past six months. Maybe you knocked a half point or more off your interest rate, lowering your monthly payment to leave more money in your pocket for other monthly expenses or savings.
Let’s say you previously had a 20 year fixed-rate loan with a balance of about $175,000 on your home at 5.3875%. You’d been seeing much lower rates out there and wanted to take advantage of a great opportunity to save money, but were either too busy or didn’t see a low enough rate to warrant taking action. Or maybe you assumed that the closing costs would be more than you wanted to pay and it would take too long to recoup the up-front investment.
Then you spoke to a great Mortgage lender who explained to you that you could lower your rate to 4.25% with no closing costs, knocking thousands off the cost of your loan over time and reducing your monthly payment by about $30. So you gather together a bunch of paperwork, fill out some forms, close on your new loan and enjoy your savings.
Then about 5 months after you began the re-fi process, your lender calls you and suggests that you refinance….AGAIN! With no closing costs. Most of the paperwork is still on file with the lender; you probably just need to produce current pay stubs and a few other miscellaneous items, and then fill out more papers and attend another closing.
At this point, your interest rate is 4.25%, and you have a little less than $175,000 left on your mortgage and maybe a small 2nd loan, such as a home equity line of credit with a balance of a few thousand dollars. About $80,000 of your remaining loan is interest.
You learn that you can qualify for a 20-year fixed loan at 3.75%, which would eliminate nearly $8,000 in interest over the life of the loan, and further reduce your monthly payment by about $65. With NO CLOSING COSTS. You also are able to subordinate the balance of your home equity line of credit, rolling it into your new mortgage, just as you did when you last went through the re-fi process. For no cost, other than the expense of time you devote to some paperwork and file gathering.
Yes, there is a lot of stuff to do around the house that you want to get to….painting the garage, refinishing the front porch steps, cleaning out the basement and selling a bunch of obsolete stuff on craigslist, etc. etc. There is always a myriad of tasks, projects, chores and other diversions that can serve as convenient excuses to put off this type of opportunity. But then you realize….you could buy the paint and other supplies with a couple months of savings from doing another re-fi! $65 dollars per month could pay for lots of things! In our family’s case, it would pay for about 6-7 hours of ice time for our daughter, the competitive figure skater. It could even buy you a nice dinner for the family to celebrate your new lower monthly mortgage payment! Ask me how you can accomplish this; I can point you in the direction of a great lender who can get the job done for you!
Now, about that peeling paint on the garage….
AN OASIS! Great flow in this roomy 2BR, 2BA modern condo. Relax, entertain, dine in style. Light streams into the flexible “great room.” Maple kit w/granite counters & island. Hardwood floors, 6′ x 3′ pantry, in-unit washer/dryer. Master suite includes flat-panel TV. 11′ x 10′ basement storage. Huge yard w/brick patio. Pet friendly, near trains, buses, shops, Bill’s Burgers. Covered parking. Make It Yours! More information here. To request a showing, please visit my web site.
Spectacular Top-Shelf, Top-Floor 2-Bed, 2-bath Modern Condo w/Garage Parking and In-Unit Laundry! Pets Welcome!
Condo buyers, look no further than 1300 Central Street, Unit #404! Here’s the top-shelf, top-floor Northeast Evanston home you’ve been seeking!
Fall in love immediately with this sleek 2-bedroom, 2-bath unit with all the in-unit amenities you want at an incredible price. Located on the top floor of this distinctive, modern elevator building (built in 1996), here’s a comfortable, spacious home with a flexible, open floor plan to accommodate your lifestyle.
A skylight illuminates the 11’ x 9’ kitchen, which features cabinets galore, ceramic tile flooring, space-saver microwave oven, and 26” deep Corian counter tops. A total of 23 square feet of counter space affords plenty of room for culinary delights, as well as a work area and space for a breakfast bar. All kitchen appliances are stainless steel, and the Frigidaire oven/range was purchased in early 2012. The inviting 18’ x 15’ Living / Dining area offers plenty of flexibility to suit your lifestyle and entertainment needs. The modern fireplace features a marble tile hearth and gas starter for convenience. The Living Room leads out onto a Balcony to enjoy treetop views, cool breezes, and there’s ample room for table and chairs, to relax and enjoy outdoor meals. The Master Suite features a generous 9’ x 5’ walk-in closet, with plenty of room for extra storage. The Master Bath has ceramic tile flooring as well as shower tile surrounding a full tub. An oasis at the end of the hall, this huge Master Bedroom measures 20’ x 11’ with three windows.
The unit comes with one heated garage parking space, conveniently accessed from the stylish lobby. In-unit washer and dryer are tucked into a closet in the Foyer off the kitchen.
1300 Central Street is conveniently located near trains, shops, schools, parks, golf course, Evanston Hospital, and if that isn’t enough, Lighthouse Beach on Lake Michigan is just a few blocks to the east.
Who could ask for anything more?
A quick close is possible on this unit, so don’t wait too long or you could miss out on a fantastic value for such quality.
There is no street sign in front; the building is located on the southwest corner of Central Street and Asbury Avenue.
Make a point to come see it; you won’t be disappointed!
To request a showing or see more of my listings, visit 4salebyandy.com