Mortgage & Real Estate Info from Tim Ireland

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By Amanda Okker, RE/MAX Times Online Editor U.S. homebuyers who are eligible for a Homebuyer Tax Credit now have until Sept. 30 to close the transaction and receive the credit.Congress has extended the closing deadline, which had been June 30, by an additional three months. President Barack Obama...
Homebuyers could get more time for tax credit NEW YORK ( -- First-time homebuyers looking to land an $8,000 federal income tax credit may have a little more time to close on their purchases if a Senate amendment unveiled Thursday makes it into law. As it stands now, homebuyers must h...
Tim Ireland | RE/MAX All Properties | 815-215-4018 18001 S Oak Park Ave, Unit G, Tinley Park, IL Beautiful Tinley Park Condo - SHORT SALE!!! 2BR/2BA Condo offered at $110,000 Year Built 1973 Sq Footage Unspecified Bedrooms 2 Bathrooms 2 full, 0 partial Floors Unspecified Parking 2 Lot Size Unspe...
  $120,000  Tinley Park Short Sale!!!  This complex is FHA approved and you'll start off with A LOT of instant equity!  Short Sale was previously approved already in the past so the wait on this lender approval should be quicker than average. Brand new carpet in all 3 bedrooms. 3 Bedroom & 1-1/2...
Just read this post by Dominick Pallini.  Great information that everyone thinking of doing a short sale as well as agents working in short sales needs to know!We knew this was comming. Bad news for all those Short Sellers.   Lenders unload mortgages to collection agencies ORLANDO, Fla. - April 2...
The New Lenox Village Board has passed an ordinance which would require the registration and inspection of properties that are vacant and/or foreclosed. The draft ordinance requires any foreclosed property and/or a declared vacant property - unoccupied for six (6) consecutive months or greater or...
Illinois home sales up 35.6 percent in 4th Quarter. Statewide home sales increased 35.6 percent in the fourth quarter, while statewide median home prices were down 5.5 percent during the same period, according to the latest IAR home sales report. Year-end sales for 2009 were down 1.4 percent and ...
You may have heard or read in the news about ‘strategic defaults' as a possible foreclosure-avoidance option. However, of the millions of homeowners in distress, more than 70% of homeowners proceed without seeking assistance or getting the facts about their situation. At our Foreclosure Help web ...
I just recieved an interesting email from a local BOA loan officer.  He gave reference to a HUD article talking about the recent or upcoming changes for FHA.  Here are some cliff notes on the article: Cliff's notes from the article below: 1. The UFMIP will be increased from 1.75% to 2.25%, they m...
Illinois home sales see fourth consecutive gain in December. Statewide total home sales in December 2009 were up 20.1 percent from the year before, while year-end home sales for 2009 were down just 1.5 percent, according to the latest IAR home sales report. Get market talking points and the U of ...

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