Real Estate Consumer Info.com

Pet Lovers - Low Cost Microchip and Rabies Clinic in Schaumburg IL

Low Cost Microchip/Rabies Clinic                     Sponsored by Cook County Department of Animal and Rabies Control

Save on rabies shots and microchip ID

1 year Cook County Rabies Shot $7

3 year Cook County Rabies Shot $21

Microchip ID $10

Where:   PetSmart parking lot, 140 N. Barrington Road (Corner of Barrington and Schaumburg Roads) in Schaumburg

When:  Wednesday, August 13

Time:  10:00 am to 3:00 pm

Service is available to dogs, cats, and ferrets (3 months or older) only. Pets must be secured on a leash or in a carrier.  It's OK if owners are running wild!

Open to All Cook County Residents

Valid State ID or Driver's License required

CASH OR CHECK ONLY ACCEPTED               (No Credit/Debit Cards)

*~*~* Updated 6/29/2008   Downloadable PDF of Cook County Schedule in case you miss this opportunity!

Explanation of Cook County Program

Interested in Helping 'Vest' our Illinois Police Dogs?   IL-Vest-A-Dog Program Info

Thinking of buying a home in Hoffman Estates?            Thinking of selling your home in Hoffman Estates?

Read why Hoffman Estates is a great community to live!

Lyn Sims (847)230-7324   RE/MAX Suburban     www.LynSims.net

Northwest Suburban Chicago areas of Schaumburg, Hoffman Estates, Elk Grove Village, Medinah, Itasca, Roselle, Bartlett, Bloomingdale, Hanover Park, Streamwood IL.

 

                       
    © 2007 - 2010 Lyn Sims

       

Glens of Schaumburg Sales, Lyn Sims, Schaumburg Area Real Estate, Northwest Suburban Chicago IL

Sale summary about the Glens of Schaumburg Manor homes/Coach homes in Schaumburg IL. The Glens is a popular area with commuters because it is close to the Schaumburg Train Station which you can walk (if your athletic) or drive.  The complex was built in 1986 and at the time offered very contemporary floor plans with 9 ft ceilings on the 1st floor units & vaulted ceilings thruout on 2nd floor units.  The subdivision has put on some new "lipstick" with new roofs, gutters, new siding etc. over the last few years. Because of this great planning, no special assessments are planned here.

2BR 1BA Hampshire Models, $179,000

2BR 2BA Somerset Models, $176,000 to $191,000

2BR 2BA Stratford Models, $195,000 to $207,000

3BR 2BA Burnham Models, $200,000 to $210,500

There have only been a total of 7 sales thru May 15, 2008 so far.  Please let me know if I can help you with any more information on this area that I specialize.  There are a few homes on the market now that I would love to show you.

Lyn Sims at Re/Max Suburban, Schaumburg IL Real Estate  847-230-7324

Look for homes here at my website www.LynSims.net  I can show you ALL PROPRTIES FOR SALE in Bloomingdale, Carol Stream, Elk Grove Village, Itasca, Medinah, Hoffman Estates, Schaumburg, Roselle, Bartlett, Hanover Park, South Elgin, Streamwood, Elgin, Bloomingdale.

I am looking for a home, please contact me!

Lyn Sims Re/Max Suburban (847)230-7324

 

                       
    © 2007 - 2010 Lyn Sims

       

Why Now is a Smart Time to Buy!

Now is a great time to buy a home, say the financial gurus at the Wall Street Journal.

The Journal calls it a buyers market and offers these suggestions for first-timers getting their feet wet. While their advice is solid, it's not revolutionary, but some potential customers might find it reassuring.

Remember this is a place to live not a stock market investment, they say. Lenders want buyers to spend no more than 28 percent of their gross monthly income on mortgage payments, real estate taxes, and home insurance. Buyers shouldn't count on stretching further because lenders won't approve their loans.

• Cash is king.  Having enough money in the bank to pay closing costs that are typically an additional 2 percent to 3 percent of the price of the home is necessary.

• Location, Location, Location.  As any good real estate professional knows, homes in good school districts where the crime is low are much more likely to hold or increase their value.

• Compare.   Besides just looking at the comps(houses that sold), buyers should examine what it would cost to rent a similar house in the same area and they might consider what it would cost to buy land and build a comparable home.

• Think long haul.  It will probably take at least six or seven years of living in the house to be able to sell and come out ahead.

So this is how the my market graphs work.  Let's say that your pre-approved purchase price is in the $250,000 to $275,000 range and you would like to start looking for a townhome, condo, duplex, etc.  There are currently 14 home selections in that range in Itasca.

Area Market Survey Criteria Lyn Sims at RE/MAX Suburban (847)230-724                                                         5/21/2008

Active Listings for Itasca IL

List Price Range # Listings Avg. Days on Mkt Less than $149,999 8 127 $150,000 - $199,999 2 56 $200,000 - $249,999 3 17 $250,000 - $299,999 14 141 $300,000 - $349,999 12 176 $350,000 - $399,999 5 188 $400,000 - $449,999 1 21 $450,000 - $499,999 3 42 $500,000 - $549,999 5 95 $550,000 - $599,999 8 95 $600,000 - $699,999 1 24

Active Listings Summary

# Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 62 123 $317,400 $347,851 $619,900 $108,900

Like the article said, this is a great time to start looking for a new home, purchase a larger home, or retire to something more manageable!  Interest rates are expected to be lowered soon which makes it even more affordable.

My homesearch website makes it easy to get started finding your new home!  My site offers purchasing advice, selling advice, mortgage calculators, mortgage advice and dictionary, home inspection advice, school district info, METRA info, community & town info too!  No need to jump from site to site - all the homes listed in the MLS for sale are in this site! 

Having someone in your corner with over 20 years experience will ensure every detail of your purchase is handled smoothly!  Looking forward to hearing from you!

Lyn Sims at RE/MAX Suburban (847)230-7324          www.LynSims.net

Northwest Suburban Chicago IL homes for sale in Schaumburg, Hoffman Estates, Elk Grove Village, Bartlett, Roselle, Medinah, Itasca, Carol Stream, Bloomingdale, Palatine, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles.

Lyn's Email:  LynSims@remax.net

 

                       
    © 2007 - 2010 Lyn Sims

       

Medinah IL Real Estate, Single Family Homes Available, Lyn Sims RE/MAX Suburban (847)230-7324

THIS IS THE TIME FOR BUYERS - GET READY TO POUNCE!  There is a large amount of inventory thruout the Chicago Northwest Suburban Market which includes the MEDINAH IL area.  SMART PEOPLE ARE BUYING REAL ESTATE NOW!  Sellers are hot to compete and make their home standout above their competition. 

Sellers are flexible!  Lots of Inventory = Buyer Benefits!   SO WHY NOT GET IN THE GAME?  This is a great time to get your first home, move to a smaller home or get that larger home of your dreams!

Here is a chart of ACTIVE homes in Medinah with the MARKET TIMES posted as "Average Days on the Market". 

There are currently 34 homes in various styles and types available with the Average Market Time of 215 days.  The median price is $470,000 and the highest price is $1,425,000. 

Area Market Survey Criteria Lyn Sims at RE/MAX Suburban (847)230-7324

Active Listings for Medinah IL                                                                                     5/21/2008

List Price Range # Listings Avg. Days on Mkt $300,000 - $349,999 9 217 $350,000 - $399,999 4 153 $400,000 - $449,999 3 255 $450,000 - $499,999 3 196 $500,000 - $549,999 1 638 $550,000 - $599,999 2 13 $600,000 - $699,999 5 146 $700,000 - $799,999 4 359 $800,000 - $899,999 1 33 $900,000 - $999,999 1 358 $1,000,000 - $1,999,999 1 161

Active Listings Summary

# Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 34 215 $470,000 $545,422 $1,425,000 $300,000

As you can see the average bracket of pricing for the Medinah IL Area is between $300,000 to $399,900.  To search for homes up-to-the-minute on the market in the Northwest Suburban IL area, please go directly to my MLS search website at www.LynSims.net. 

If you are looking to find or sell a home in the general Medinah area, please feel free to contact Lyn Sims of RE/MAX Suburban at 847-230-7324 or 800-637-9345.  I can provide you with information on many of the areas communities.

Contact me, I'm ready to buy or sell a home!

Lyn Sims RE/MAX Suburban 847-230-7324 or 800-637-9345 Outside IL.

Northwest Suburbs of Chicago IL - Medinah, Roselle, Hoffman Estates, Schaumburg, Elk Grove Village, Itasca, Bloomingdale, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, Carol Stream and St. Charles areas.

 

                       
    © 2007 - 2010 Lyn Sims

       

Now is a great time to buy a home, say the financial gurus at the Wall Street Journal.

The Journal calls it a buyers market and offers these suggestions for first-timers getting their feet wet. While their advice is solid, it's not revolutionary, but some potential customers might find it reassuring.

Remember this is a place to live not a stock market investment, they say. Lenders want buyers to spend no more than 28 percent of their gross monthly income on mortgage payments, real estate taxes, and home insurance. Buyers shouldn't count on stretching further because lenders won't approve their loans.

• Cash is king.  Having enough money in the bank to pay closing costs that are typically an additional 2 percent to 3 percent of the price of the home is necessary.

• Location, Location, Location.  As any good real estate professional knows, homes in good school districts where the crime is low are much more likely to hold or increase their value.

• Compare.   Besides just looking at the comps(houses that sold), buyers should examine what it would cost to rent a similar house in the same area and they might consider what it would cost to buy land and build a comparable home.

• Think long haul.  It will probably take at least six or seven years of living in the house to be able to sell and come out ahead.

So this is how the attached market graphs work.  Let's say that your pre-approved purchase price is in the $250,000 to $350,000 range and you would like to start looking for a single family home.  There are currently 81 home selections in that range in Elk Grove Village  OR

You are looking for a townhouse, coach home, or condo in the $200,000 to $250,000 price range and your current selections are 32 shown in the lower graph for Multi-family homes.

Area Market Survey Criteria Lyn Sims at RE/MAX Suburban (847)230-7324                                                       5/21/2008

Active Listings

List Price Range # Listings Avg. Days on Mkt $200,000 - $249,999 7 197 $250,000 - $299,999 40 174 $300,000 - $349,999 41 185 $350,000 - $399,999 33 160 $400,000 - $449,999 10 110 $450,000 - $499,999 6 196 $500,000 - $549,999 3 141 $550,000 - $599,999 3 570 $600,000 - $699,999 3 206 $700,000 - $799,999 3 255 $800,000 - $899,999 1 30

Active Listings Summary

# Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 150 180 $339,700 $360,778 $889,000 $204,900

Area Market Survey Criteria Lyn Sims at RE/MAX Suburban (847)230-7324                                               5/21/2008

Active Listings for Elk Grove Village, IL      Multi-Family Selections

List Price Range # Listings Avg. Days on Mkt Less than $149,999 31 244 $150,000 - $199,999 56 198 $200,000 - $249,999 32 96 $250,000 - $299,999 35 145 $300,000 - $349,999 5 175

Active Listings Summary

# Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 159 174 $192,500 $202,439 $344,900 $100,000

Like the article said, this is a great time to start looking for a new home, purchase a larger home, or retire to something more manageable!  Interest rates are expected to be lowered soon which makes it even more affordable.

My homesearch website makes it easy to get started finding your new home!  My site offers purchasing advice, selling advice, mortgage calculators, mortgage advice and dictionary, home inspection advice, school district info, METRA info, community & town info too!  No need to jump from site to site - all the homes listed in the MLS for sale are in this site! 

Lyn Sims at RE/MAX Suburban (847)230-7324          www.LynSims.net

Northwest Suburban Chicago IL homes for sale in Elk Grove Village, Schaumburg, Hoffman Estates, Bartlett, Roselle, Medinah, Itasca, Carol Stream, Bloomingdale, Palatine, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles.

Lyn's Email:  LynSims@remax.net

 

                       
    © 2007 - 2010 Lyn Sims

       

Low Cost Microchip/Rabies Clinic                     Sponsored by Cook County Department of Animal and Rabies Control

Save on rabies shots and microchip ID

1 year Cook County Rabies Shot $7

3 year Cook County Rabies Shot $21

Microchip ID $10

Where:   PetSmart parking lot, 140 N. Barrington Road (Corner of Barrington and Schaumburg Roads)

When:  Wednesday, August 13

Time:  10:00 am to 3:00 pm

Service is available to dogs, cats, and ferrets (3 months or older) only. Pets must be secured on a leash or in a carrier.

CASH OR CHECK ONLY ACCEPTED

Open to All Cook County Residents

Valid State ID or Driver's License required

Updated 6/29/2008 ** Downloadable PDF of Cook County Location in case you miss this one.

Explanation of Cook County Rabies Program

Interested in Helping Police Dogs with Kevlar Vests?   IL-Vest-A-Dog Info Here

Thinking of buying a home in Schaumburg?  Thinking of selling your home in Schaumburg?

Lyn Sims (847)230-7324   RE/MAX Suburban     www.LynSims.net

Northwest Suburban Chicago areas of Schaumburg, Hoffman Estates, Elk Grove Village, Medinah, Itasca, Roselle, Bartlett, Bloomingdale, Hanover Park, Streamwood IL.

 

                       
    © 2007 - 2010 Lyn Sims

       

Cost of Freedom 2008

From May 23 - 26 the Cost of Freedom Exhibit will be displayed at Alexian Field. This exhibit includes tributes to those men and women who have given their lives in the line of duty as soldiers and public safety officers. The event will feature the Vietnam Traveling Wall and exhibits honoring veterans from conflicts in Iraq, Afghanistan, Korea, and World War II, as well as special tributes to public safety heroes.

May 23 - 26

Alexian Field

1999 S. Springinsguth Road

8 am to 10 pm daily

Program

Friday: 10 am: Education Day

All parochial, elementary, junior & senior high schools

Wayne Messmer will sing the national anthem

Friday: 7 pm: Opening Ceremonies

Allan Lynch, Congressional Medal of Honor Recipient: Guest Speaker

National anthem to be sung by Georgene Beazley

Saturday: 7:15 pm: Tammy Duckworth, Director, Illinois Department of Veterans Affairs:

Guest Speaker

Saturday: 8:15 pm: Candlelight walk-by of the Cost of Freedom

Sunday: 3 pm: Patriotic Service: Sr. Pastor David Hudak/Pastor Bill Cate

Rev. James Behnke, Vietnam Special Forces Chaplain: Guest Speaker

Monday: 11 am: Memorial Day Observance

Memorial Day service: Alexian Field

Don Allen, co-owner, Cost of Freedom: Guest Speaker

For more information, visit the website at www.costoffreedomtribute08.org.

Great things to do in Schaumburg!   Thinking of buying or selling a home in the area? 

Please give me a call.  24+ year "veteran" of the area serving Schaumburg, Hoffman Estates, Elk Grove Village, Bartlett, Bloomingdale, Medinah, Itasca, Carol Stream, Hanover Park, Streamwood.

Lyn Sims at RE/MAX Suburban (847)230-7324    www.LynSims.net

 

                       
    © 2007 - 2010 Lyn Sims

       

How an agent can help you ....

If you are currently in the market for your first home, you may be interested in how a real estate agent can help you.  You are about to make a great investment of both money and time.  I have a wealth of experience helping first time buyers like you make sound, informed decisions.

Did you also know that we don't cost you a thing?  That's right - zip, nada, zilch!

Here are some ways that a real estate professional can help you:

• Agents can help establish a plan for a home that fits your needs. Style, size, amenities, and other preferences will help determine what kind of home is best suited for you. They are familiar with all the floorplans and styles.
  
• They will help you to determine realistic spending limits. They can often explain alternative financing options or introduce you to a mortgage counselor. Agents can arrange to have you "pre-approved", which can help improve your positioning in negotiations.
  
• Access to all home listings all in one place within the multi-listing system (MLS) enables them to evaluate homes based on your affordability and the qualities you desire.
  
• They have access to information on taxes, real estate values, and municipal services, all of which can aid you in your decision to buy.
  
• They can work for you as a buyer's agent, helping to negotiate the best terms and price for you.
  
• They can make you comfortable with the closing process and they will obtain closing figures in advance for your review.
  

They can recommend home inspectors and go with you during the process to explain any concerns or repairs. These are just a few ways that a veteran real estate agent, like myself Lyn Sims, can help you in your journey towards buying your very first home. More information for first time buyers can be found on my website or by calling me directly. I'm confident that I can provide the kind of exceptional service that will make this process an exciting one. Please don't hesitate to call or e-mail me with any questions you may have.

Lyn Sims RE/MAX Suburban (847) 230-7324   OR  Email her:   LynSims@remax.net

Having someone in your corner with over 20 years experience will ensure every detail of your purchase is handled smoothly!  Looking forward to hearing from you!

Northwest Suburbs of Chicago - Schaumburg, Hoffman Estates, Palatine, Elk Grove Village, Itasca, Medinah, Roselle, Bloomingdale, Carol Stream, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles.

 

                       
    © 2007 - 2010 Lyn Sims

       

                                                             Market Update 5/15/2008

Lexington Green is a large coach home community located off Meacham Road just south of Schaumburg Road on both the east & west sides of the street.  The community does offer a pool and clubhouse for the residents and exterior maintenance, snow removal, scavenger service and common area insurance is included in the monthly assessments.  A great golf driving range is located nearby along with the Fox Run Golf Course.  Close to Woodfield Mall, great restaurants and fast access to 355 North or South.

There are 4 models to choose from and could be either on the 1st (patios) or 2nd floors (balconies).  Each model has something unique to offer with "C" and "B" units having closet pantries and are middle units.  "A" and "D" units offer larger eat-in Kitchens and a formal Diningroom space.  A one car garage is included with each home.

C Units 2BR 1BA, Low price of $143,000 to the High Price of $180,000   5 total units closed

B Units 2BR 2BA,                                                                                      0 total units closed

D Units 2BR 2BA, High Price of $223,000                   1 total units closed

A Units 3BR 2BA, High Price of $214,000                   1 total units closed

If you are looking to sell your coach home in Lexington Green or looking to purchase a home in Schaumburg, please don't hesitate to begin your search at my Home Search Website.  You can search for ALL homes listed on the market in the MLS in Northern Illinois and beyond regardless of who it is listed with.  I bet there are a couple of homes on the market right now for us to look at!

Having someone in your corner with over 20 years experience will ensure every detail of your purchase or sale is handled smoothly!  Looking forward to working with you!

LYN SIMS      RE/MAX Suburban (847)230-7324

or Email her at LynSims@remax.net with any questions you might have on Lexington Green or purchasing a home in general.  She's got over 20 years experience in the area!

Closed Sales MLSNI Jan-April 2008, this article published 5/16/08

 

                       
    © 2007 - 2010 Lyn Sims

       

Why Now is a Smart Time to Buy!

Now is a great time to buy a home, say the financial gurus at the Wall Street Journal.

The Journal calls it a buyers market and offers these suggestions for first-timers getting their feet wet. While their advice is solid, it's not revolutionary, but some potential customers might find it reassuring.

Remember this is a place to live not a stock market investment, they say. Lenders want buyers to spend no more than 28 percent of their gross monthly income on mortgage payments, real estate taxes, and home insurance. Buyers shouldn't count on stretching further because lenders won't approve their loans.

• Cash is king.  Having enough money in the bank to pay closing costs that are typically an additional 2 percent to 3 percent of the price of the home is necessary.

• Location, Location, Location.  As any good real estate professional knows, homes in good school districts where the crime is low are much more likely to hold or increase their value.

• Compare.   Besides just looking at the comps(houses that sold), buyers should examine what it would cost to rent a similar house in the same area and they might consider what it would cost to buy land and build a comparable home.

• Think long haul.  It will probably take at least six or seven years of living in the house to be able to sell and come out ahead.

So this is how the my market graphs work.  Let's say that your pre-approved purchase price is in the $250,000 to $275,000 range and you would like to start looking for a single family home.  There are currently 104 home selections in that range in both Schaumburg and Hoffman Estates.  OR

You are looking for a townhouse in the $250,000 to $275,000 price range and your current selections are 68 shown in the lower graph for Multi-family homes.

Area Market Survey Criteria Status: Active Single Family Homes                                                       5/16/2008 Lyn Sims at RE/MAX Suburban (847)230-7324

Active Listings for Schaumburg & Hoffman Estates IL

List Price Range # Listings Avg. Days on Mkt $150,000 - $199,999 1 162 $200,000 - $249,999 16 235 $250,000 - $299,999 104 158 $300,000 - $349,999 109 141 $350,000 - $399,999 84 117 $400,000 - $449,999 52 184 $450,000 - $499,999 48 156 $500,000 - $549,999 27 115 $550,000 - $599,999 17 141 $600,000 - $699,999 25 146 $700,000 - $799,999 13 170 $800,000 - $899,999 5 81 $900,000 - $999,999 8 176 $1,000,000 - $1,999,999 2 90 $2,000,000 - $2,999,999 1 97

Active Listings Summary

# Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 512 149 $368,250 $418,604 $2,495,000 $199,900

Lyn Sims at RE/MAX Suburban   (847)230-7324        TOWNHOMES, CONDOS, ETC.

Active Listings for Schaumburg & Hoffman Estates, IL

List Price Range # Listings Avg. Days on Mkt Less than $149,999 147 139 $150,000 - $199,999 209 131 $200,000 - $249,999 190 115 $250,000 - $299,999 68 118 $300,000 - $349,999 19 206 $350,000 - $399,999 14 120 $400,000 - $449,999 6 187 $450,000 - $499,999 3 129 $500,000 - $549,999 5 145 $550,000 - $599,999 4 185 $600,000 - $699,999 1 143

Active Listings Summary

# Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 666 130 $198,700 $207,407 $674,900 $82,000

Like the article said, this is a great time to start looking for a new home, purchase a larger home, or retire to something more manageable!  Interest rates are expected to be lowered soon which makes it even more affordable.

My homesearch website makes it easy to get started finding your new home!  My site offers purchasing advice, selling advice, mortgage calculators, mortgage advice and dictionary, home inspection advice, school district info, METRA info, community & town info too!  No need to jump from site to site - all the homes listed in the MLS for sale are in this site! 

Having someone in your corner with over 20 years experience will ensure every detail of your purchase is handled smoothly!  Looking forward to hearing from you!

Lyn Sims at RE/MAX Suburban (847)230-7324          www.LynSims.net

Northwest Suburban Chicago IL homes for sale in Schaumburg, Hoffman Estates, Elk Grove Village, Bartlett, Roselle, Medinah, Itasca, Carol Stream, Bloomingdale, Palatine, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles.

Lyn's Email:  LynSims@remax.net

 

                       
    © 2007 - 2010 Lyn Sims

       

Need a Reason to Sell Your Home? 

American home owners sell and move, on average, every five to seven years.  Why do they move?  People who have lived in the same home for the past 30 years have a hard time understanding this phenomena. They are shocked that people move so often, but I know one thing for certain: Their day to sell and move will come as well.

Here are the top 15 reasons why people sell and move:

1) Home is too small.   First-time home buyers often outgrow their "starter" homes.  Increased family size is the main reason home owners say they need a larger home.

2) Upgrade. The grass is greener on the other side.  People often want what they don't have and long for a bigger, more expensive and grander, upscale home. It's the American way!

3) Fix purchase error.  Owners might believe they made a mistake when purchasing their present home and want to rectify that mistake.  Maybe they thought they could get by without a backyard but now want to garden, or the dining room in the center of the house annoys them, or they no longer enjoy the underbelly of planes flying overhead within miles of the airport.

4) Job transfer.  Relocation makes it necessary for many to pull up roots and move.  If the commuting distance exceeds an hour, most people would prefer not to spend two hours in traffic every day.   Now that gas is knocking at $4.00 per gallon, people are definitely rethinking their commute!

5) Personal Relationships.  Moving in with a partner or getting married can mean one of the parties will need to sell, especially if both owned homes prior to the commitment. On the other hand, break-ups cause owners to sell as well for three basic reasons.

• One party may need to buy out the other and not have the cash available.
• The home may not be affordable to sustain on one person's income.
• The home holds bad memories, making a fresh start more desirable.

6) Neighborhood changes.  The neighborhood might have changed for the worse, economically, socially or physically.  For example, maybe a freeway was constructed nearby.  Maybe the next-door neighbors receive visitors who arrive wearing striped pajamas at 2 AM.  Or they have hung sheets over their windows while a skunk-like odor permeates the air.

7) Empty nest.  The kids have grown up and moved out. The owners want a smaller home. The older you get, the harder it is to keep a big house clean.

8) See family more often.  Some people want to be closer to their family as they age and will move to be near relatives.  Parents want to be near children. Grandparents, near their children and grandchildren.

9) See family less often.  To put more distance between the home owners and relatives.  Some might move out of state to keep harmony within the family.  Dysfunctional and fractured families have been known to blossom being separated.

10) Retirement.  Active-adult communities are attracting many buyers over the age of 55.  These planned communities have golf courses, club houses, workout facilities, week-end social gatherings, back-yard barbecue parties and more, all designed for people over 55.   No more yard work - woo hoo!

11) Health problems.  Physical ailments such as knee or back problems make it difficult for an aging population to climb stairs in a two-story, so a one-story home may be more practical.  A trade-off solution for many elderly people who don't require round-the-clock care is to buy a condo or move into assisted living housing.

12) Deferred maintenance.  Some people don't want to put on a new roof, replace the siding or buy a new furnace, so it's easier to buy a newer home.  When you figure the life of most home systems is about 15 years, it could make sense to get out before everything goes haywire.

13) Home improvement perfection.  A small segment enjoys fixing up and selling, spending time, money and effort on remodeling, and once the work is completed, these people become restless because there is nothing left to do.  Some of you may call these people obsessed, but for some, it's a way to maintain balance while mastering a hobby.   This is also a good way to build equity quickly for young or newer homeowners who enjoy the work and take pride in their accomplishments.  Fixer-uppers here they come!

14) Cash in equity.  Some home owners can't stand the fact their home is worth all that money because that money is not in their pocket.  These people would prefer to stare at their passbook savings than stare at four walls with empty pockets.  They. Just. Want. The. Money.

15) Lifestyle change.  Others are simply tired of owning a home and would prefer to travel, pursue a hobby or be less responsible.  We used to call these people misfits or boomers, but many past a certain age want to find a calling that is meaningful to them.  So, for these people, home ownership loses its priority status and turns into the ticket for realizing dreams.

Thinking of moving soon?  Whatever the circumstance, I'll be able to get you on your way!  20+ years experience in the Northwest Chicago Suburbs.

Website Presence:  www.LynSims.net          Email me:  LynSims@remax.net

Lyn Sims at RE/MAX Suburban (847)230-7324  

Northwest Suburbs of Chicago:  Hoffman Estates, Schaumburg, Elk Grove Village, Medinah, Itasca, Bloomingdale, Palatine, Carol Stream, Hanover Park, Bartlett, Streamwood, Elgin, South Elgin, St. Charles.

 

                       
    © 2007 - 2010 Lyn Sims