Let's Talk! Gene Mundt, Chicago-area Mortgage Blog

  Don't You Think I'm Sexy???If Not, You Should  Americans are fascinated with houses.  The internet, advertising, magazine racks, and TV viewing schedules revolve around them.  No matter whether it's buying, building, repairing, remodeling, decorating, flipping, investing, improving, beautifying...

     Taxes May Be Inevitable for Property Owners ... But Tax & Assessment Surprises are NOT      “Tis impossible to be sure of anything but Death and Taxes.”                        Christopher Bullock, an English actor, and dramatist, 1716     For property owners in Will County, IL, the inevitab...

  A Decade of Housing Healing: Has it Created Opportunity for You?  It's now been around a decade since the big housing market crash ...   While many housing markets have cooled a bit, as of late ... the Home Equity Report for the last quarter of 2018 (and a quarterly overview of the distribution...

  Thinking About Buying Your First Home?How to Prepare Buying a home ...   While the end result ... a home of your own ... is an exciting thing to ponder, it also can be a bit nerve-wracking, can't it?   All sorts of questions race through your mind once you decide to buy ...  What do I need to d...

 PUD VS Condominium: Serious Differences Exist  PUD and Condo (Condominium) ... I'm sure you've heard or read these terms when talking or reading of something real estate-related.  They're kind of odd sounding.  Hard to forget. But beyond their rather funny names, what are they? What are their ch...

 Want an Advantage When It's Time to Buy?Be Ready With Your Mortgage Pre-Approval  A scenario I'm all too familiar with played out once again over this last weekend ... A phone call came in from a prospective home buyer.  They wanted to get pre-approved for a mortgage.  Their realtor had advised ...

  Easter Egg Hunts in the Lincoln-Way Area - 2019 The Lincoln-Way area, located in the far southwest suburbs of Chicago, is made up of 4 main communities ... Manhattan (my hometown), Mokena, New Lenox, and Frankfort.   Each of these four towns and their surrounding areas has seen major population...

 Do You Have Pets?  Need Room for Them to Roam?  Our son, John, and his family recently added a new member to our family ... Lily.  A sweet playful beautiful black puppy. Lily is now Marilyn's and my "furry grandchild" and is quickly establishing her place in our lives.   As with all our grandchi...

  What CAN Go Hand-in-Hand? Home Buying & Student Loans! Conduct a search on the topic "Home Buying with Student Loans" and pages and pages or articles, information, advice, and opinions pop-up ...  "Do Student Loans Affect Buying a House?" "How Student Debt Can Ruin Home Buying Dreams"  "Here's ...

  The Language of Mortgage ... What You Need to Know Possessing a knowledge and understanding of the terminology you will use while seeking and securing a mortgage loan is immensely important ... Being familiar with the words heard and used also makes the process flow more fluidly and easily for ...