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Maintaining Good Credit While Purchasing a New Chicago Home

You’re buying a Chicago new home, and you’re far enough along in the process to have your loan application approved. In a recent post on the Equifax Personal Finance Blog,  real estate expert Ilyce Glink reminds us that now is not the time to party. You need to do everything you can to protect your [...]

Gerstad Builders Helps You Save ON Your Home and AT Home

Gerstad Builders is always ready to help you save on your McHenry County new home, but sometimes, people need help saving money while they’re preparing to buy a new home or after they’ve just moved. Actually, these days, most of us find ourselves needing to save money at home whether we’re in the homebuying market [...]

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Super Borrowers Can You Still Use the Equity in Your Chicago New Home?

If you have just purchased a new home in this environment of stricter lending regulations, you may just have your own super power. Rather than subprime loans of late, lenders are now extending certain loans only to “super-prime” consumers, according to a recent article in the Equifax Personal Finance blog.
The tighter standards are not just [...]

Low Down Payment Programs Still Available for Certain Chicago Home Buyers

The Equifax Personal Finance Blog gives information and links for two types of programs that do not require the higher down payments that have become typical in today’s market. Most lenders are requiring at least 5 percent down, but loans are still out there for $100 or even zero down.
Real estate expert Ilyce Glink talks [...]

Different Kinds of Insurance Required for Different Disasters

Tornados! Hurricanes! Floods! Oh, My! With so many news stories about natural disasters, what’s a Chicago homeowner to do?
In “Natural Disaster Insurance Claims: What To Do Whan A Natural Disaster Strikes,” expert Linda Rey describes four types of insurance homeowners should consider. They may not all be needed by Chicago home buyers, but it’s important [...]