Here's the content of the first column! Keep in touch
Residential SPACES:
Made possible by Eva Bergant, @Properties Realtor
Made possible by Eva Bergant, @Properties Realtor
Fulfilling one of my many New Year Resolutions, this is my first column for The Pipeline. If one of your goals for 2011 is to buy, sell, or rent real estate, the first thing you should do is confirm your Credit Score.
AnnualCreditReport.com provides access to all three of the major credit bureaus. You can do each one free once each year, so the best way to stay on top of your score is to do one free search every 4 months. If you want your FICO credit score (FICO is the score lenders use to determine your credit risk) you will have to pay $7.95. If your report shows what you know to be true, you are on the right track.
Repairing or improving your credit score takes months or years. Empower yourself by knowing your score in advance. Recently, a buyer client did not know until she applied for a mortgage that someone had used her good credit to open and run up a store charge card. It took four months to get the store to agree to remove the delinquency and for the credit score to start to move up.
WHAT'S SOLD LATELY? In Bucktown/Wicker Park, six detached properties closed in the last two weeks of 2010**:
2340 W Charleston $265,000 (foreclosure);
2152 W Caton $885,000 (Short Sale);
1938 N Wood $1,025,000;
1652 N Bell $1,380,000;
1549 N Honore $1,600,000
1858 N Leavitt $1,994,891
Five attached properties closed**:
2233 W Shakespeare #1F, 1bed/1 bath, $147,500
1735 N Paulina #421, 1bed/1bath loft w/garage, $245,000
1870 N Oakley #1870, 3bed/3.5 bath Townhouse w/garage $334,000 (Foreclosure);
1944 W Evergreen #A 2bed/2bath Condo w/garage $340,000;
1737 N Paulina #306 2bed/2bath Condo w/parking $412,500
1945 N Wilmot #3 3bed/2bath Penthouse w/garage $454,000.
Market Times on said listings ranged from 21 to 261 days, with an avg. selling price of 94% of the final listing price. If you'd like details on any of these properties, or ones that are on the market, drop me a note, or call 312-543-6819.
** Information sourced from MREDLLC; closed properties from 12/20/2010 - 12/31/2010 as of 1/3/11. Attached Property and Detached Property residential Bucktown (Ashland, Western, Fullerton, North) and WickerPark (Ashland, Western, North, Division)
WHAT'S NEXT? - You tell me! Send your ideas, questions, and suggestions, and I'll incorporate them into future columns.
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