Real Estate Consumer Info.com

If I sell my house, I'll be saving $500 per month!

This is what one seller said to me recently at a listing appointment.  Due to the economy being the way that it is things have definitely changed around!  This seller has been downsized now with no guarantee of overtime which she needed and expected to keep her household afloat every month.  So ... if this seller sells her townhome she would obviously get rid of her mortgage payment, the assn. fee of $165.00 and a water bill.  Sounds like a good deal huh?

If you are faced with this decision, having to sell or get into future financial trouble, please give me a call!  The time to plan is BEFORE you get into a disasterous financial position.  Do you see that lone headlight coming down the tracks? Then now is the time to do something about it!

With the overabundance of rentals and rental communities in our area now, competition is fierce and has brought the monthly rents down - alot!  For a nice 2BR 2BA unit she can rent for $800 a month which includes water.  No garage available but I'd put up with a cold car in winter to save $500 a month!

So what's your situation?  If you are deciding on whether to buy, sell, or would like to see if owning vs. renting would work for you, please feel free to give me a call.  There are many factors and variables to decide on.  I'd be glad to help.

I proudly serve and sell real estate in the Northwest Suburbs of Chicago.  If you are thinking about purchasing or selling your home in the communities of Schaumburg, Elk Grove Village, Hoffman Estates, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.

All data and information provided on this blog is for informational purposes only.  Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.

I'll be saving $500 a month ©2009 Lyn Sims - RealEstateConsumerInfo.com and RealEstateBuyMe.com

These are the scheduled 'Tea Parties' held near Schaumburg IL on the July 4th, 2009 weekend.  When this originally started there was only one 'Party' to attend and that was in Lisle.  So the movement is spreading and there are a few more areas that you can go to as your having fun on the July 4th weekend.  I have included a link for all of Illinois also.

See you there around 12:00 or so!

Palatine Tea Party                                    Illinois Tea Party Information

Elgin Tea Party

Algonquin Tea Party

Carpentersville Tea Party

Crystal Lake Tea Party

Lisle Tea Party

  

 

This just makes my blood boil - what happened to personal responsibility and ethical conduct in this country!  

Everyone wants to blame someone else down the chain for their problems.  Today I was reading Richard Zaretsky's post about the mortgage industry and sellers asking 'Should I pay my mortgage or not?'

We live in extremely trying times and everyone is pressed financially and mentally to make the best decisions for their family and future.  There are no stereotypical people involved with today's mortgage mess.  When I read today about the special compensation that the lenders get from the O'Bama Bailout Plan I almost burst a blood vessel in my head!  Here I was wondering and beating my head against the wall with lenders that wouldn't help with a voluntary loan modification BEFORE the borrower went into default - NOW I KNOW WHY!

Lenders are given added compensation to people in default first and I quote Richard:

"While this is contrary to what has been published by the government about the plan, keep (in) mind that following the plan and any of its various aspects is entirely voluntary and up to the Lender or servicer.  They can pick and chose from this plan as they see fit for their own internal reasons.  Here is a more interesting twist - a servicer that modifies a delinquent loan is paid more under this incentive plan than if the borrower were to modify while the loan is current!  If the borrower is current, the servicer can receive up to $3,500 in incentive fees from the government.  If the borrower is delinquent, the servicer can receive up to $4,000 in incentive fees from the government.  Thus it seems that it pays ($500 to)the servicer to encourage a borrower to be delinquent!"

You know when it walks like a duck, quacks like a duck, it must be a duck right?  The whole program smelled like limburger cheese to me and all for $500!  What was the benefit to the lenders for lowering an interest rate for homeowners?  What was their financial gain to help homeowners?  

Well there it is!  The curtains are now open for all to see!  

This should be a crime in my opinion!  

 

I proudly serve and sell real estate in the Northwest Suburbs of Chicago.  If you are thinking about purchasing or selling your home in the communities of Schaumburg, Elk Grove Village, Hoffman Estates, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.

All data and information provided on this blog is for informational purposes only.  Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.

 

Something Smells - Is it Limburger Cheese or your Lender? ©2009 Lyn Sims - RealEstateConsumerInfo.com and RealEstateBuyMe.com

A new Buyers Broker Business Model?  Scared this buyer right away!

An out of town client recently contacted me regarding becoming his niece's buyers broker for a townhome in the area.  After asking many prequalifying questions of this gentlemen I was a little hesitant to meet with him and his wife who would be leaving that day and flying back to Tennessee.   A plethora of questions on representation and 'who works for who' so I decided that maybe a face to face meeting was just the thing we needed to clear things up.

So upon arrival at my office, the whole story unfolded about a new buyers broker program that these folks stumbled upon on the internet.  They understood the concept of a buyers broker being a benefit for any buyer in today's market which was great.  The program with the other agent was anything but simple!   Here's what I could get from the other agents contract:

Doesn't really seem like a bad business practice does it?  But ...  the whole program was presented in such a confusing manner the buyer's uncle didn't want anything to do it.  There were more additions and complications -  If they do this 'I get this' thruout the entire agreement.  They wanted to be compensated somehow 'above and beyond' the normal commission rate for the sale.

'KISS' - my business model.  Keep It Simple Stupid.  This is a classic example of an 'engineer type' writing up and complicating an all encompassing buyers agreement!  

The buyer just didn't feel comfortable and didn't want the hassle.  Isn't it complicated enough already?

 

I proudly serve and sell real estate in the Northwest Suburbs of Chicago.  If you are thinking about purchasing or selling your home in the communities of Schaumburg, Elk Grove Village, Hoffman Estates, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.

All data and information provided on this blog is for informational purposes only.  Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.

 

 Buyers Broker ©2009 Lyn Sims - RealEstateConsumerInfo.com and RealEstateBuyMe.com

There has to be another way to get an FHA appraisal raised!  Anyone know how to do it?

Here's the story behind my situation!  A few short sales, foreclosures in a particular community and throw in a few divorces and we've got some low sales prices.  The market is slightly turning around and most of the inventory has now been marked under contract.  Great - except that there are now not enough closed comps!

The only one we can use that is decent is $218,000 with no location, no 6 panel doors, no skylite.   The appraiser adjusted +1000.  

How flippin' generous!  Is that in 1970's prices?   Wait it gets better!

No fireplace on one comp - adjust +2000.  Where can you get a fireplace ANYWHERE for $2000?   So let's talk about the location adjustment where one townhome backs to other units and the other backs up to a nice nature sanctuary with no neighbors behind.  Appraiser says +1000.  That's it?  Is that in 1960's prices?

In fact I went thru all the comparables and NOT ONE of his adjustments was what any appraiser I contacted would have done.  All lower obviously than what they would have used.  So we are $5000 off the mark on the sales price.  That's alot of money to a seller of an average townhouse.  So let's see the market kicked the seller in the groin this year 10% or so.  Yeah, let's be sure he's really doubled over and take another 5K off the price.  Yeah, yeah!  He can't afford to have any kids now!

So somehow Lyn has to deal with it!  Where do I go to complain if I've already taken it up with the owner of the appraisal company?

Suggestions?  

Appraisal Nightmares!

 

I proudly serve and sell real estate in the Northwest Suburbs of Chicago.  If you are thinking about purchasing or selling your home in the communities of Schaumburg, Elk Grove Village, Hoffman Estates, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.

All data and information provided on this blog is for informational purposes only.  Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.

 

How can we sell anything if we can't get it to appraise!  ©2009 Lyn Sims - RealEstateConsumerInfo.com and RealEstateBuyMe.com

FFF ......  Obviously foreclosures pose problems for a neighborhood but today I was watching Fox News during a tornado (yes, that's right) and they were reporting these numbers:

Where do those numbers come from?  I've been doing this for some time and I have never met anyone that could come up with a percentage to decide that!  Who's @&& or hat are they pulling these figures from?  Is it in the new appraisers handbook freshly dated June 2009?

Where does this stuff come from!  

Who makes this up?  Now granted, uninsured foreclosed properties, particularly condominiums, can be risky for property owners in nearby homes.  If anything happens there is no one there in case a problem does occur.  Neighbors just have to be more vigilant and 'participate' in their neighborhood or association.  When things like this happen you have to pull together and help yourself by unfortunately taking care of the neighbors home or just watching out for trouble.  Noticing water coming out from under a door in a vacant condo would be a good clue!

Vacant houses are vulnerable to vandalism, theft, squatters and accidental fires. If the property has an adjoining wall, the damage can be significant to your own home as well!

Another issue is that insurers can be very reluctant to offer insurance in condominiums or neighborhoods where there are empty buildings.  Some [condo] buildings have such a stigma from the number of vacant units that insurers will not insure occupied units for fear of increased claim and assessment costs if a loss were to occur.  

I'm sure to admit that it's not a good thing for ANY foreclosures to be in your neighborhood or on your block!  I won't say that your property value goes down 6% with each one!  

That just can't be veri'fff'ied!

 

I proudly serve and sell real estate in the Northwest Suburbs of Chicago.  If you are thinking about purchasing or selling your home in the communities of Schaumburg, Elk Grove Village, Hoffman Estates, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.

All data and information provided on this blog is for informational purposes only.  Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.

 

Foreclosure Figuring Formula or the 'FFF' ©2009 Lyn Sims - RealEstateConsumerInfo.com and RealEstateBuyMe.com

New exemption will allow homeowners residing in their homes 10 years or more to receive additional tax relief if the following requirements are met:

 

• Homeowner with a total household income of $75,000 or below will have an increase limited to 7% over the prior year’s taxable value, with no maximum exemption amount.
• Homeowner with a total household income greater than $75,000, but not exceeding $100,000 will have an increase limited to 10% over the prior year’s taxable value, with no maximum exemption amount.

So an example would be:  Your taxes are $3500 per year - the most they could increase would be $245 and you would have to make less than $75,000 per year.

So an example would be:  Your taxes are $3500 per year - your income is above $75,000 but below $100,000 your taxes could only increase $350 per year.

 

 

Please note the Long-Time Occupant Exemption cannot be received with the 7% Expanded Homeowner Exemption (in layman's terms, this is the regular homeowners exemption that one receives) or the Senior Freeze Exemption.  The most beneficial exemption (the one that takes off the most amount of money) will be applied to the property.

 

If you would like additional information regarding this new exemption or any other exemption, please go to www.cookcountyassessor.com or your local assessor's office for a thorough explanation.

 

 

Be sure that you are applying for your exemptions so that you only pay what is necessary every year!

 

Be vigilant!  The county is not making this information readily available to all that need to know!

 

 

 

Exemption Forms

 

 

 

 

 

 

 

Long-time Occupant Homestead Exemption (LOHE) – Cook County Only
Public Act 95-644 that passed into law in 2007 created a new homestead exemption for counties that are subject to the AGHE (currently only in Cook County).  The new exemption is in effect in Cook County beginning with 2007 tax year for residential property that is occupied as a primary residence for a continuous period by a qualified taxpayer with a total household income of $100,000 or less.  The property must be occupied for 10 continuous years or 5 continuous years if the person receives assistance to acquire the property as part of a government or non-profit housing program.  This exemption limits EAV increases to a specific annual percentage increase that is based on the total household income of $100,000 or less.  A total household income of $75,000 or less is limited to a 7% annual percentage increase in EAV or a total household income of over $75,000 to $100,000 is limited to a 10% annual percentage increase in EAV. The minimum limit is the same amount calculated for the GHE with no maximum limit amount for the exemption. Properties cannot receive both the LOHE and the AGHE, GHE or SCAFHE.  Properties that qualify for the SCAFHE will receive the same amount calculated for the GHE.  For information and to apply contact the Cook County Assessor's Office.

 

I proudly serve and sell real estate in the Northwest Suburbs of Chicago.  If you are thinking about purchasing or selling your home in the communities of Schaumburg, Elk Grove Village, Hoffman Estates, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.

All data and information provided on this blog is for informational purposes only.  Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.

 

Hanover and Schaumburg Township Exemptions ©2009 Lyn Sims - RealEstateConsumerInfo.com and RealEstateBuyMe.com

Well is this good news?  We shall see.  Don't forget to look for this assessment change in your mailbox coming soon.  Don't forget that every Illinois homeowner has the right to protest their taxes if they feel they are being overvalued and over taxed. Just wanted to be sure that you were informed as the county doesn't seem to be getting the word out like it should.  This will effect all homeowners in Cook County!

Cook County Assessor Announces First-Ever Downward Market Adjustment for Homeowners  (released 5/11/09)

Cook County Assessor Jim Houlihan announced that residential properties not being reassessed this year will receive a market adjustment reflecting the real estate downturn. Residential properties in 30 suburban townships will receive reductions in their assessed value. 

“The situation we are facing is extraordinary. Foreclosures and declines in sale prices and volume have taken a toll on home values,” Houlihan said. “After careful analysis of market sales and foreclosure data, we determined these townships should not have to wait until their next reassessment for the impact to be reflected."

“Homeowners are already getting less protection from the 7% Expanded Homeowner Exemption this year,” Houlihan added, noting the General Assembly’s decision to phase it out.  “That makes the adjustment even more urgent.”

As part of this historic step, the Assessor’s Office will mail notices to every property owner in Cook County this year. Normally, properties are assessed every three years and receive notices only then. The north suburbs are not scheduled to be reassessed until 2010; the south and west suburbs will be reassessed in 2011.

This year, each suburban township will receive an adjustment percentage, which will lower the existing assessed values of all residential properties in that township, Houlihan said. The reductions will likely range from 4% to 15%.

“Areas hit hard by foreclosures and market drops will see the biggest reductions. We will continue to monitor the market. The percentage reductions will change if the conditions warrant it,” Houlihan said.

The first notices will be sent to River Forest Township in May and will reflect a 5% reduction for residences there.  Cicero Township, burdened by a high foreclosure rate and a battered sales market, will receive a 15% reduction, Houlihan said.

The market reductions come as the Assessor’s Office is implementing the 10/25 Ordinance, a measure simplifying assessment levels passed by the County Board last year. Under the ordinance, the assessment level of residential properties is 10% of market value; for industrial and commercial properties, it is 25% of market value.

Cook County Appeal Forms

 

I proudly serve and sell real estate in the Northwest Suburbs of Chicago.  If you are thinking about purchasing or selling your home in the communities of Schaumburg, Elk Grove Village, Hoffman Estates, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.

All data and information provided on this blog is for informational purposes only.  Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.

 

Cook County Assessment Reduction ©2009 Lyn Sims - RealEstateConsumerInfo.com and RealEstateBuyMe.com

The 60th Old Town Art Fair 2009

This weekend I went and enjoyed one of the most popular events of the summer for me.  I really love to go thru the Old Town Art Fair and see all the wonderfully gifted and talented exhibits (260 artists) that the nation (not only Chicago) has to offer.  I also love the neighborhood and being close to Lincoln Park and the lakefront.  

This year we decided to take my dog, Bella, to see if she would enjoy it.  I was a little reluctant to say the least as she is a total 'gad fly'.  According to her, the entire Fair is held in her honor.  She totally surprised me and I was very proud of her.  She was friendly as usual, but she also decided to be well behaved!   No stealing ice cream from little ones in strollers!  Everyone thoroughly enjoyed her!  

I'm a big fan of the older homes in that area and all the great architecture which I decided to show you in pictures.  Can't see that kind of stuff in Schaumburg!  There were also several 'gardens' on display for all to enjoy.  This is a city phenomena that I think is hilarious!  Let's check out everyone's 3x5 plot of 'green' and see what they have done with plants and bushes.  Most were absolutely gorgeous even by suburban standards and again I was laughing with all the camera buffs trying to take pictures.  Not much green space but what they have they try and play up to the best of their ability!

Try and make it a great day next year.  Here's more information on the Fair!

 

I proudly serve and sell real estate in the Northwest Suburbs of Chicago.  If you are thinking about purchasing or selling your home in the communities of Schaumburg, Elk Grove Village, Hoffman Estates, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.

All data and information provided on this blog is for informational purposes only.  Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.

 

Old Town Art Fair ©2009 Lyn Sims - RealEstateConsumerInfo.com and RealEstateBuyMe.com

 

The journey to purchasing a home is an enjoyable time in one's life. But it is one that will bring many additional responsibilities. Having the assistance of a competant real estate agent can make all of the difference during this process.

Often appearing in roof shingles, popcorn ceilings, piping and insulation, asbestos became one of the most popular building applications of the 20th century. Due to its flame resistant and highly durable qualities, asbestos was the ideal form of insulation for many industries.

One of the main things that can go unnoticed is taking simple precautions to avoid asbestos exposure. Homes built prior to 1980 may still harvest asbestos materials. This should not make you jump out of your chair because asbestos exposure is easily avoidable by taking simple precautions.

Asbestos

If you locate any suspected asbestos in the home, most experts suggest leaving it un-disturbed until a home inspector can examine your property, take evaluations and determine the safest course of action. Sometimes the best action is no action at all. Disturbing asbestos in good condition may cause its fibers to be released into the air.

Long term exposure to damaged airborne asbestos fibers can lead to the development of a severe lung ailment known as mesothelioma. The amount of asbestos-related incidents in the last few decades has lead to mesothelioma lawyer firms advocating victim rights around the U.S. The negligence involved with the asbestos scandal has been one of greed and dishonesty. Manufacturers of asbestos were aware of its toxic qualities, but repressed this information from the public.

Healthy Tips

Removal of asbestos in public facilities, workplaces and homes should be performed by licensed abatement contractors as long as the National Emissions Standards for Hazardous Air Pollutants (NESHAP) are not violated. They must wear protective equipment such as masks and gloves to avoid any exposure. The materials should be removed in as large pieces as possible and places in disposable bags. 

If asbestos is removed, green forms of insulation should be used as replacements. These include the use implementation of recycled building materials such as lcynene foam, cotton fiber and cellulose. These alternatives not only allow for a healthy and safe home, but can bring down annual energy costs. 

For example, the use of cotton fiber foam has demonstrated to reduce energy costs by 25% per year. As education and technology of green sustainable practices increase, the numbers will continue to rise. Recently, congress passed the American Recovery and Reinvestment Act into law. Included in this act were extensions to the tax incentives placed for energy efficiency in 2005, as well as new credits for homeowners who remodel or build using eco-sustainable methods. Existing homes are eligible for a series of efficiency measures that pertain to the home shell (Insulation, Windows, Sealing) worth 30% of the installed cost (materials only, labor is not included in the credit basis).

Common Asbestos Locations in the Home

 

I proudly serve and sell real estate in the Northwest Suburbs of Chicago.  If you are thinking about purchasing or selling your home in the communities of Schaumburg, Elk Grove Village, Hoffman Estates, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.

All data and information provided on this blog is for informational purposes only.  Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.

 

Asbestos Prevention and Healthy Tips ©2009 Lyn Sims - RealEstateConsumerInfo.com and RealEstateBuyMe.com

* Used with permission from the IL Asbestos Awareness, Mesothelioma Cancer Center and Asbestos.com - Educating the Consumer!

There's money in your old working second refrigerator.

If you've got an older, working second refrigerator or freezer keeping your soda pop or ice cream cold, chances are it's an energy hog. In fact, most second refrigerators or freezers are 15 years or older and use up to 5 times more electricity than newer models. That means you could be wasting as much as $150 a year in electricity!

 

For a limited time, through ComEd's Smart Ideas for Your Home program, ComEd will pay you $25 for your old, working fridge or freezer, pick it up for FREE and recycle it in an environmentally responsible way (View our recycling process video to learn more). We'll also pick up and recycle your old working room air conditioners when we come to get your refrigerator or freezer.

To qualify, you must be a ComEd residential delivery services customer, and your fridge or freezer must meet these minimum requirements:

• Between 10 and 30 cubic feet in size.
• Empty and working at the time of pick-up.
• Accessible with a clear path for removal by contractor*.

So get rid of these old inefficient appliances - and the costs that go with them. Enroll online or call us to schedule a pick-up at 1-888-806-2273.

*ComEd has contracted with JACO Environmental, the nation's premier appliance recycling contractor, to collect and recycle refrigerators, freezers and room air conditioners.

Program funding is limited. Participation will be on a first-come, first-served basis until funds are exhausted.

 

I proudly serve and sell real estate in the Northwest Suburbs of Chicago.  If you are thinking about purchasing or selling your home in the communities of Schaumburg, Elk Grove Village, Hoffman Estates, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.

All data and information provided on this blog is for informational purposes only.  Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.

 

Recycle your old refrigerator and get $$$ ©2009 Lyn Sims - RealEstateConsumerInfo.com and RealEstateBuyMe.com

Get your exercise rain or shine in a nice safe environment at Woodfield Mall.  I knew the mall was big but I didn't know that you could get 2.2 miles in just by doing both levels.   More info on how to join the Woodfield Walkers Club is easy, I've added the link below or just go to the main information court and join.

Distance

Upper Level	1.007 miles	5,318 feet
Lower Level	1.015 miles	5,360 feet
Middle Level North	x	150 feet
Middle Level South	x	312 feet
Hallways to Deck (Nordstrom Wing)	x	225 feet

Total miles = 2.2
Total feet = 11,365

Mile markers are posted on the neutral piers on the walls between stores.

Woodfield Walking Hours
Monday - Saturday: 7 a.m. - 9 p.m.
Sunday: 7 a.m. - 6 p.m.
Closed Easter, Thanksgiving and Christmas Day

BECOME A WOODFIELD WALKER!
As over 40 million Americans have discovered walking can help you get on the road to personal fitness. You will find a host of worthwhile health and retail-related benefits when you register to become a member of the FREE Woodfield Walkers Club, co-sponsored by Alexian Brothers Hospital Network.

As a Woodfield Walker member, you will enjoy walking in a safe, climate-controlled environment year round.

In addition, you will have the opportunity to meet new people, attend health education seminars, gain valuable health related information in AlexianConnects HealthLife, and take advantage of Woodfield merchant discounts.


Who Can Walk
Woodfield Walker is a free club open to everyone. If you are over 40, have been treated for cardiovascular conditions or have high blood pressure, heart, lung or vascular disease, you should consult your physician before beginning any exercise program. If you don't have a physician, contact AlexianConnects at 1-866-ALEXIAN (1-866-253-9426) and they can provide a referral.

How Do I Join?
Woodfield's Guest Services, located next to Comcast Connections Court, is the information station for Woodfield Walkers.

To sign up for Woodfield Walkers, simply fill out a form at Guest Services after 10:00 a.m. Monday through Saturday and after 11:00 a.m. on Sunday. Your membership entitles you to receive a Passport to Savings booklet for valuable discounts to numerous Woodfield stores and restaurants.

Tracking Efforts
When you register, you will receive a mile manager. Each day you walk, fill in the date, time and miles that you walked that day. All miles and minutes should be sub-totaled monthly. Once the mile manager has been filled out you can pick up a new one at Guest Services.

You could also keep track online.

Membership Benefits
Woodfield Walkers members enjoy number benefits in addition to getting in shape and feeling great! As a member, you will receive a monthly breakfast, giveaways and information on other Woodfield Walker special events.

The Passport to Savings booklet entitles members to valuable discounts to numerous Woodfield stores and restaurants.

• The Woodfield Passport to Savings must be presented at the time of purchase.
  
  
• The Passport to Savings is valid through December 31, 2008.
  
  
• The Passport to Savings cannot be redeemed for cash and is not transferable.
  
  
• Discounts cannot be applied to previously purchased merchandise.
  
  
• Discounts and offers may be changed or canceled at any time without notice by participating merchants, prior to the expiration date of the Passport.
  
  
• Discounts and special offers apply to Woodfield store locations only.

History of Woodfield 

Why Schaumburg is a great place to live!

Schaumburg Park & Ride

 

 

I proudly serve and sell real estate in the Northwest Suburbs of Chicago.  If you are thinking about purchasing or selling your home in the communities of Schaumburg, Elk Grove Village, Hoffman Estates, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.

All data and information provided on this blog is for informational purposes only.  Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.

 

Woodfield Mall Walkers - Schaumburg Illinois ©2009 Lyn Sims - RealEstateConsumerInfo.com and RealEstateBuyMe.com

WOODFIELD HISTORY

It's hard to imagine that 37 years ago Woodfield Mall opened with just 28 specialty shops and three department stores. Now, it houses nearly 300 stores and restaurants and five anchors and is the core of the entire northwest suburbs.

Woodfield is named for former Sears board chairman General Robert E. Wood and Marshall Field and Company founder Marshall Field I. It debuted on September 9, 1971, on 191 acres of prairie land, previously farms, cows, and a village tavern. Singer Carol Lawrence, actor Vincent Price, and two marching bands entertained at the debut.

By the end of September 1971, another 28 stores and restaurants had opened and that first business year finished with 138 specialty retailers. Many of those retailers -- Johnston & Murphy, The Limited, Stride Rite, and Fredericks of Hollywood -- are still at Woodfield today.

Originally 1.9-million square feet of retail space, Woodfield today is 2.7 million feet of retail space, making it the nation's fifth largest shopping center and Illinois' top tourist attraction with 27 million visitors each year. In 1973, Lord & Taylor opened and brought along 50 additional new retailers and a whole new wing. In celebration of its 20th anniversary in 1991, Woodfield added 23 more stores and then in 1996, Woodfield grew again with a $110-million wing. This new wing included a three-level Nordstrom, an expanded Lord & Taylor, and 50 new specialty stores. Of these new stores, nearly 40 debuted flagship concepts and designs, with about 27 of them the largest in their chains.

While all of this expansion continued at Woodfield, the surrounding Village of Schaumburg grew as well. In 1970, the population was 19,000; in 1980, it mushroomed to 55,000; and, according to the U.S. Census Bureau, Schaumburg had over 75,000 people in 2000. Schaumburg Mayor Al Larson observed that, "Woodfield established a focal point for development throughout all of the northwest suburbs. Without Woodfield, we wouldn't have office towers in Itasca or corporate development in Hoffman Estates."

Throughout the area, hotels continue to open to accommodate visitors from across the United States and Canada and as far away as Japan and Germany. In order to continue this momentum, Woodfield has partnered with local hotels to create World Class Shopping Excursions. As Tom Rivera, former president of the Greater Woodfield Convention and Visitors Bureau, noted, Woodfield is "such a high quality product that people not only want to come for a first time, they want to come in frequently thereafter. It's such an integral part of the tourism industry that hotels in the area run buses to Woodfield as part of their packages."

Get your Exercise at Woodfield Mall

Why Schaumburg is a great place to live!

Woodfield's Park and Ride System

 

 

I proudly serve and sell real estate in the Northwest Suburbs of Chicago.  If you are thinking about purchasing or selling your home in the communities of Schaumburg, Elk Grove Village, Hoffman Estates, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.

All data and information provided on this blog is for informational purposes only.  Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.

 

 First Time Home Buyer Tax Credit ©2009 Lyn Sims - RealEstateConsumerInfo.com and RealEstateBuyMe.com

Procrastination can cost you alot more than you think.  This wonderful post is additional food for thought on why coupled with great prices and low interest rates, now really is the time to buy.

Sitting on the fence can be costing you more than you know!  Please call me with any questions you might have.

I would like to thank and give exceptional credit to this loan officer, Darrell Walters in Georgia for this advice.

 

Looking for a home in the Elk Grove Village area?   This is a great time to get your first home, move to a smaller home, or move to a larger home.  Interest rates are the lowest they've ever been in 40 years!  

These are the current market numbers and availability for single family homes in Elk Grove Village, Illinois.  Lots of great selections below the $350,000 range and we've got great custom construction for price ranges above that!  The median listing price for Elk Grove is $309,950.  Some "handyman specials, foreclosures and fixer uppers" are available for buyers trying to get "instant equity" in the market by doing the work themselves!  There probably is a deal out there waiting for you!

Lowest Price is $194,900 (DEAL ALERT!) and the Highest Price is $949,900 with the Average Days on Market of 204.

To search for homes currently up to the minute in the surrounding Elk Grove area, please go directly to my homesearch page to get started.  Other interesting articles for sellers or buyers are also available at www.LynSims.net to make you market "savvy" before you start your home search!

 

If you are looking to buy or sell a home in the Elk Grove Village area, please feel free to contact me, Lyn Sims of RE/MAX Suburban at (847)230-7324.  I can provide you with copious amounts of information on many of the area communites and show you the latest homes that are available!

 

I proudly serve and sell real estate in the Northwest Suburbs of Chicago.  If you are thinking about purchasing or selling your home in the communities of Schaumburg, Elk Grove Village, Hoffman Estates, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.

All data and information provided on this blog is for informational purposes only.  Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.

 

Elk Grove Village Illinois - Homes for Sale ©2009 Lyn Sims - RealEstateConsumerInfo.com and RealEstateBuyMe.com

If you are currently in the market for a new home in Itasca IL, 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 buyers of all categories 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 Buyers Agent 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 floor plans 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 MLS enables them to evaluate homes based on your affordability and the qualities you desire.  You can also have custom searches of multiple areas on my website until you make a final choice on a particular town.  Not all companies offer this service!
  
• 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.
  

The median list price for a home in Itasca is $474,450 with the average market time of 334 days.  The lowest priced home available is $179,900 (DEAL ALERT!) and the highest is $2,350,000 for custom construction.  The best supply of homes available is in the $250,000 to $350,000 price range which you can see.

The above are just a few ways that a veteran buyers agent, like myself Lyn Sims, can help you in your journey towards buying your new home.  More information to prepare 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

I proudly serve and sell real estate in the Northwest Suburbs of Chicago.  If you are thinking about purchasing or selling your home in the communities of Schaumburg, Elk Grove Village, Hoffman Estates, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.

All data and information provided on this blog is for informational purposes only.  Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.

 

Itasca Illinois Homes for Sale ©2009 Lyn Sims - RealEstateConsumerInfo.com and RealEstateBuyMe.com

It better shine!

Recently I was contacting a seller back and forth about the condition and markability of her property.  It's the situation where we have no 'wow' factor.  It's not that her home isn't clean - it's just OK.  Everything in every room of the house is just OK.

No pizazz, no sparkle, no shine.  

To better attract an offer, I began to have the worn out discussion with the seller that we've got to punch it up to the next level - add that shine!  Everywhere!  I want everything scrubbed - polished - brushed and then shined again!  

The drill sargeant's (that's me) directions were very specific:  all chrome fixtures - I want to be able see my face in it!   All appliances in the kitchen sprayed and cleaned with windex to remove all the cooking grime - I want sparkle!  I want it to shine!  

Fluffy towels and super clean bathrooms!  I want it to shine!

To punch it up that added notch - I'll bring over my own duvet cover and we'll redo your Master Bedroom into a 'relaxing retreat' instead of the current 'college dorm' motif.  We'll add pillows and do the best we can with the budget that we have - which is $zero$.  Clean is a huge factor to add - shine is even better!

So to my surprise the weekend came and went and no word from the seller on the house.  Was she overcome by cleaning products and windex fumes?   When can I come over and see the 'transformation' of my plans?  

Well, when I went to the house I found it only partially completed.  Like the balloons bursting at a children's party - no shine!  Waaaa Waaaa Waaaa Waaaa .... my shoulders beginning to droop.  The transformation I was hoping for just wasn't there.  An email finally came from the seller saying she was going to work on it again tonight after work.  What's to work on?  

We've got to get that shine - do I have to send Jack over?

Sellers just don't seem to understand that the competition in today's marketplace is fierce.  In fact, there are 5-6 homes similiar in this sellers subdivision alone.  What would make a buyer choose hers?

 

Leave the Driving to Metra

Schaumburg's beautiful Metra commuter station located at 2001 S. Springinsguth Road is one of Metra's 20 most used stations throughout its entire network of 225 stations.  Service from the station goes east to Chicago's Union Station and west to Elgin.       

There are several ways to get to the Metra station ~~

• Walking:    A pedestrian pathway leads to the station along Springinsguth Road. Please walk ONLY along Springinsguth Road south of Irving Park Road.  Elgin-O'Hare access roads are not designed or recommended for pedestrians.

• Bicycling:    The same path that serves pedestrians also serves bicyclists. Enclosed bike lockers and traditional bicycle racks (under covered shelter) are provided for bicycle parking convenience. Lockers can be leased from the village free of charge but require a refundable lock and key deposit. Request a bike path map or call for questions regarding bicycle parking at 847.923.3861.

• Bus Route 602:    provides two morning (eastbound to Chicago) and two evening (westbound from Chicago) rush hour shuttles to the station from its origin at Salem Drive and Higgins Road. Another option is Schaumburg's Dial-A-Ride Transportation (DART) for those traveling to locations exclusively within Schaumburg.

• Driving:    Schaumburg's commuter rail station has 1,268 parking spaces available in the lot. There are 591 spots dedicated to permit parking, with the remaining 677 spots available for daily parking.

• Parking:    For permit parking, monthly or quarterly parking permits may be purchased through the Finance Department or online at https://secure.assurebuy.com/91320/91320.htm.   The monthly permit fee is $21 and the quarterly fee is $53. Daily parking is available for $1.25 per day.

 

Schaumburg's Metra station features:

• Restroom facilities open during the early morning, afternoon, and evening

• "Coffee Beans," open Monday through Friday between 5:30am - 9:30am

• Comfortable interior seating area

• Sheltered external area

• Kiosks in the station where riders leave used books and newspapers