Nina Rocus Schaumburg Real Estate

You may have heard the names Fannie Mae and Freddie Mac quite a lot recently with all of the housing stories in the nightly news segments. Here is a link to a page on the Freddie Mac website that talks about Foreclosures and may help you understand the process a little better and perhaps have answers to some questions you may have. ...

If you know someone who is struggling to make their mortgage payments, the best thing they can do is communicate with their lender.  Have them ask for the Loss Mitigation Department or the Work Out department.  Lenders do not want to be owners of real estate, they will try to work with you if it's at all possible.  If ...

Your credit score is something you really want to be aware of before you go out looking for a home.  It is extremely important in determining whether you'll be approved for a loan as well as determining what rate you will pay! It's a good idea to take a look at your credit score months in advance of when you are ready to buy. That ...

CNBC reported yesterday that the home prices in the Chicago area are on par with 15 yr average affordability.  What does this mean? It means that most likely Chicago area homes are at a bottom and now is the time to get back into the market.  They reported that home prices rising faster than income, along with lenders creating ...

On June 30th 2008 the Housing and Economic Recovery Act of 2008 signed into law included a tax credit of $7500 for 1st time homebuyers who purchase a home between April 9, 2008 and July 1, 2009. The tax credit is for 10% of the cost of the home, not to exceed $7,500. The tax credit must be paid back over a period of 15 years like an interest ...

Have you heard of the 203 K program that will allow you to borrow up to $35,000 for property improvements? Cash that you can use to improve your home after your purchase closes. Some of the types of improvements that can be done using these funds are: Repair or replacement of Roofs/Gutters/Downspouts Repair/Replacement/Upgrade of heating, ...

We have more National Housing stats out today..... For a quick look use this link to see the video from CNBC and additional year over year stats.... http://www.cnbc.com/id/25391625 If you have any real estate questions, e mail me nina@ninarocus.com or give me a call anytime, 630-776-5263!  

Wow!  The cost of gasoline for cars is sky high, and natural gas is most likely to follow. Now is the time to think about making some changes that will help keep your costs down both in the summer, which is finally here, and in the fall and winter. This link will take you to an article by the BBB that has some great idea money savings ...

This info is provided by the National Association of Realtors.... You might be wondering if buying a home right now is a smart financial decision. The fact is, homeownership is key to building long-term wealth, no matter when someone buys. Studies show that, over time, most homeowners will steadily build equity.For example, during the past three ...

Go Green! Save a little green and do the planet a favor, here are a few GREEN IDEASUse Energy Saving Light BulbsBag the Bag...Stop using plastic and paperUse non-toxic paint (low or no voc)The new color of Clean is Green...buy earth friendly cleaning productsSave Electricity...unplug all your charges when not in useGrow something green...plant a ...