Paul N. Paterakis's (lakezurichrealestate) Blog

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RECENT BLOG POSTS
Lake Zurich Real Estate Statistics More about Lake Zurich real estate Get this widget Click here to see a list of Lake Zurich Homes for Sale with Photos, Videos, Property Addresses and Home Details. Search for foreclosures, single family homes, townhomes and condominiums, multi-family units, vac...
10/11/2010
Lake Zurich Real Estate Statistics More about Lake Zurich real estate Get this widget Click here to see a list of Lake Zurich Homes for Sale with photos, virtual tours, property addresses and home details. Specific details on single family homes for sale and sold in Lake Zurich, can be found on ...
10/11/2010
What started out within a few lenders has now turned into a major halt to the nation’s REO and foreclosure business by Freddie Mac, Fannie Mae, Bank of America, GMAC, JP Morgan Chase, Wells Fargo and many other large and small lenders. For HomeSteps ,a foreclosure program,properties with Sales P...
10/11/2010
  By now, most of us have already noticed that our credit card statements have taken on a more reader friendly look than they have in prior years.  Information such as when payments are due, the amount owed, the consequences of making late payments and how much we are paying in fees and interest ...
10/04/2010
Foreclosure Rescue Scam “Rescuers” promise home owners who are in financial trouble that they can save their home from foreclosure. Their goal is to make a quick profit through fees or mortgage payments they collect. Red Flags: • The “rescuer” guarantees to stop the foreclosure process – no matte...
09/20/2010
More and more people tell me happy real estate endings that started while doing an open house; yes, the old fashion your time only/zero out-of-pocket: your live office in someone else’s home. If you did an open house and no one showed up, do it again in another home that may have more traffic; yo...
09/14/2010
3/18/09 Feds announced a significant increase in the amount of Mortgage Backed Securities that they intend to buy.  In addition to the earlier pledge to buy $500 billion between now and June, they indicated that they are intending to purchase an additional $750 billion in MBS.  Moreover, the Feds...
03/18/2009
As part of the American Recovery and Reinvestment Act of 2009, the IRS has officially released Form 5405 -- better known as the First-Time Homebuyer Credit Form. True to tax code standards, the 10-field form is accompanied by 3 pages of instructions. Form 5405 is a helpful, go-to resource for hom...
03/16/2009
Having done a lot of questioning and research on why "Short Sales" are taking soooo long, I have discovered the following that may prove helpful as you consider the opportunities available to your buyers or sellers.  Q: What is a short sale? A.  With real estate prices currently at 2005 levels, m...
03/13/2009
With Congress reaching agreement on a $789 billion stimulus package for Americans, the clock is ticking for this year's home buyers and homeowners. The package contains important benefits related to housing.One provision gives first-time home buyers an $8,000 tax credit provided they purchase a h...
03/06/2009
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Paul N. Paterakis

Lake Zurich, Long Grove, Hawthorn Woods, Kildeer Real Estate
local_phone(847) 388-7551
smartphone(847) 366-3455
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