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New Lenox, IL Real Estate News

By Cheryl Bowers, Plainfield, Naperville, IL. Real Estate
(Bowers Realty Group LLC)
Wellington, Homes for Sale in New Lenox, IL Wellington Real Estate Statistics Average Home Size: 2402 Average Property Taxes: 6775 Homes Listed: 11 Homes Sold: 7 Average Number of Days To Sell: 86 The above New Lenox real estate statistics were compiled by Team Bowers Realtors based on homes listed for sale in Wellington, New Lenox, Illinois between November 26th, 2012 and November 26th, 2013. Homes for sale in Wellington Address Beds Total Baths Total Sqft Year Built List Price 752 Bishops Gate 4 3 0 U $259,000 Sold Real Estate in Wellington - (August 28th, 2013 - November 26th, 2013) Address Beds Total Baths Total Sold Price 702 Wellington Parkway 3 2.1 $208,751 The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real...
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By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
                                               I'm often asked by First-Time Homebuyers ...            "What's the Number 1 thing I can do to help myself when considering my first home purchase?"         My answer?  Educate yourself about every step of the Mortgage and home buying process ... thoroughly.     As a Mortgage Lender, over the years I've come to see my role as educator or "teacher" vastly grow in importance.  When I first started in the Mortgage business, I instructed clients.  Actual teaching opportunities were few and minimal.  That's definitely not true anymore.       Education is now vitally important throughout the entire Home Buying transaction.  From the time you first discover your interest and desire to buy your home ... through your Mortgage processing and successf...
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By Cheryl Bowers, Plainfield, Naperville, IL. Real Estate
(Bowers Realty Group LLC)
Sanctuary Pointe, Homes for Sale in New Lenox, IL Sanctuary Pointe Real Estate Statistics Average Home Size: 2237 Average Property Taxes:   Homes Listed: 22 Homes Sold: 7 Average Number of Days To Sell: 2 The above New Lenox real estate statistics were compiled by Team Bowers Realtors based on homes listed for sale in Sanctuary Pointe, New Lenox, Illinois between October 29th, 2012 and October 29th, 2013. Homes for sale in Sanctuary Pointe Address Beds Total Baths Total Sqft Year Built List Price 987 Sanctuary Pointe Drive 4 2.1 2470 2013 $281,100 Sold Real Estate in Sanctuary Pointe - (July 31st, 2013 - October 29th, 2013) Address Beds Total Baths Total Sold Price 930 Sanctuary Drive 4 2.1 $255,075 448 Burnside Court 4 2.1 $311,143 917 Sanctuary Drive 4 2.1 $282,814 474 Superior Circl...
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By Cheryl Bowers, Plainfield, Naperville, IL. Real Estate
(Bowers Realty Group LLC)
Riivendell, Homes for Sale in New Lenox, IL Riivendell Real Estate Statistics Average Home Size: 3193 Average Property Taxes: 11658 Homes Listed: 8 Homes Sold: 5 Average Number of Days To Sell: 99 The above New Lenox real estate statistics were compiled by Team Bowers Realtors based on homes listed for sale in Riivendell, New Lenox, Illinois between October 23rd, 2012 and October 23rd, 2013. Homes for sale in Riivendell Address Beds Total Baths Total Sqft Year Built List Price 2511 Emily Lane 4 3.1 2954 1994 $439,900 Sold Real Estate in Riivendell - (July 25th, 2013 - October 23rd, 2013) Address Beds Total Baths Total Sold Price 2308 Riivendell Drive 5 3.1 $430,000 713 Jennifer Court 3 3.1 $505,000 The data relating to real estate for sale on this website comes in part from the Broker ...
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By Cheryl Bowers, Plainfield, Naperville, IL. Real Estate
(Bowers Realty Group LLC)
Laurel Meadow, Homes for Sale in New Lenox, IL Laurel Meadow Real Estate Statistics Average Home Size: 2947 Average Property Taxes: 9500 Homes Listed: 6 Homes Sold: 4 Average Number of Days To Sell: 200 The above New Lenox real estate statistics were compiled by Team Bowers Realtors based on homes listed for sale in Laurel Meadow, New Lenox, Illinois between October 18th, 2012 and October 18th, 2013. Homes for sale in Laurel Meadow Address Beds Total Baths Total Sqft Year Built List Price 218 Tonell Avenue 4 2.1 3000 2006 $340,000 Sold Real Estate in Laurel Meadow - (July 20th, 2013 - October 18th, 2013) Address Beds Total Baths Total Sold Price 260 Ian Avenue 4 2.1 $251,000 The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of M...
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By Cheryl Bowers, Plainfield, Naperville, IL. Real Estate
(Bowers Realty Group LLC)
Country Creek, New Lenox Homes for Sale Country Creek Real Estate Statistics Average Home Size: 1850 Average Property Taxes: 4723 Homes Listed: 20 Homes Sold: 8 Average Number of Days To Sell: 63 The above statistics were compiled by New Lenox real estate agents based on homes listed for sale in Country Creek, New Lenox, Illinois between October 8th, 2012 and October 8th, 2013. Homes for sale in Country Creek Address Beds Total Baths Total Sqft Year Built List Price 1914 Heatherway Lane 2 1.1 1000 1978 $120,000 1914 Heatherway Lane 2 1.1 1000 1979 $122,500 1605 Stonebridge Drive 4 3 2400 1978 $222,900 1021 Andrea Drive 3 2 2100 U $199,900 Sold Real Estate in Country Creek - (July 10th, 2013 - October 8th, 2013) Address Beds Total Baths Total Sold Price 1405 Delmar Drive 4 3.1 $259,900 ...
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By Cheryl Bowers, Plainfield, Naperville, IL. Real Estate
(Bowers Realty Group LLC)
Windemere East, New Lenox Homes for Sale Windemere East Real Estate Statistics Average Home Size: 1820 Average Property Taxes: 4620 Homes Listed: 13 Homes Sold: 8 Average Number of Days To Sell: 98 The above statistics were compiled by New Lenox real estate agents based on homes listed for sale in Windemere East, New Lenox, Illinois between October 7th, 2012 and October 7th, 2013. Homes for sale in Windemere East Address Beds Total Baths Total Sqft Year Built List Price 799 Tauber Court 4 3 2200 1996 $228,000 751 Bon Terre Road 2 2 1200 1994 $130,000 741 Brockwood Road 2 2 0 1997 $139,900 Sold Real Estate in Windemere East - (July 9th, 2013 - October 7th, 2013) Address Beds Total Baths Total Sold Price 782 Amanda Road 5 3.1 $272,000 725 Bon Terre Road 2 2 $133,000 The data relating to ...
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By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
  Pre-Approvals:  Are They Mortgage Zombies?        A recent Wall Street Journal article discussed the decline of Pre-Approval applications among top Lenders and Banks.  The statistics they offer show that Pre-Approvals have pretty much died as a tool or service offered by many Banks and Lender.  Just like Zombies, they are dead, but still walking.     For purposes of defining a Pre-Approval used within that WSJ article, a Pre-Approval is deemed to be:        A full Loan Application.  Signed, documented with Credit Reports, Paystubs, W-2's or 1099's, Federal Tax Returns, Bank Statements, processed by a Lender, and submitted to an Underwriter for review.         What is NOT included within the Pre-Approval is:        A Sales Contract, Appraisal, Title Report, Flood Certification, and any...
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By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
  Saying Yes to that New Store Credit Card:  Can it Derail Your Dreams of Buying a Home?         My wife and mom went shopping together one day this last week.  Both have already started thinking about Christmas shopping.  Seems they're not alone.        If you've watched much TV over the past few weeks, you've probably caught a commercial or two heralding the approaching holiday retail shopping season.  Holiday decorations to put you in a holiday shopping mood have begun to pop up in stores too.       Yep ... the "push" for your holiday shopping dollars has officially begun and we haven't even seen Halloween yet .  And boy, do I mean ... push ...           Both my mom and wife related that they'd received the inevitable invitations to open up new credit cards and "save" on their purcha...
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By Cheryl Bowers, Plainfield, Naperville, IL. Real Estate
(Bowers Realty Group LLC)
Thunder Ridge, New Lenox Real Estate Thunder Ridge Real Estate Statistics Average Home Size: 2448 Average Property Taxes: 6719 Homes Listed: 14 Homes Sold: 6 Average Number of Days To Sell: 83 The above statistics were compiled by New Lenox real estate agents based on homes listed for sale in Thunder Ridge, New Lenox, Illinois between September 27th, 2012 and September 27th, 2013. Homes for sale in Thunder Ridge Address Beds Total Baths Total Sqft Year Built List Price 3304 Navajo Drive 4 3.1 3000 2001 $325,000 3211 Navajo Drive 3 2.1 2800 2000 $309,500 3216 Apache Drive 5 3.1 2650 2000 $326,500 Sold Real Estate in Thunder Ridge - (June 29th, 2013 - September 27th, 2013) Address Beds Total Baths Total Sold Price 3301 Apache Avenue 3 2.1 $300,000 The data relating to real estate for sal...
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By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
  The Modern Chicagoland Real Estate Transaction & Mortgage Process:  A Cast of Thousands           Hollywood is known for promoting its epic movies as having "a cast of thousands".  "Ben Hur", "The Ten Commandments", "Dances with Wolves", "Cleopatra" ... all are great examples of mega-movies that had large numbers of cast members and extras within them.      Well, Hollywood has nothing on the modern Home Buying transaction and Mortgage Process when it comes to the number of players involved in its "productions".  Stop to think of the many people or "cast members" now involved in Real Estate transactions and a Mortgage Process from start to finish:  Buyer Seller Listing Agent/Broker Selling Agent/Broker Mortgage Lender Credit Bureau Title Company Underwriter Mortgage Processor End Lende...
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By Cheryl Bowers, Plainfield, Naperville, IL. Real Estate
(Bowers Realty Group LLC)
Waters Chase, Homes for Sale in New Lenox, IL Waters Chase Real Estate Statistics Average Home Size: 3218 Average Property Taxes: 7171 Homes Listed: 11 Homes Sold: 3 Average Number of Days To Sell: 128 The above statistics were compiled by Team Bowers Realtors based on homes listed for sale in Waters Chase, New Lenox, Illinois between September 18th, 2012 and September 18th, 2013. Homes for sale in Waters Chase Address Beds Total Baths Total Sqft Year Built List Price 1983 Water Chase Drive 4 2.1 3475 2013 $449,900 1989 Water Chase Drive 4 2.1 3100 2013 $399,900 1985 Edgeview Drive 5 4.1 2767 2008 $449,900 2123 Viewside Drive 4 2.1 3300 2009 $429,500 Sold Real Estate in Waters Chase - (June 20th, 2013 - September 18th, 2013) Address Beds Total Baths Total Sold Price 681 Edgewater Court...
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By Cheryl Bowers, Plainfield, Naperville, IL. Real Estate
(Bowers Realty Group LLC)
Palmer Ranch, Homes for Sale in New Lenox, IL Palmer Ranch Real Estate Statistics Average Home Size: 2716 Average Property Taxes: 8338 Homes Listed: 19 Homes Sold: 5 Average Number of Days To Sell: 145 The above statistics were compiled by New Lenox Realtors based on homes listed for sale in Palmer Ranch, New Lenox, Illinois between September 12th, 2012 and September 12th, 2013. Homes for sale in Palmer Ranch Address Beds Total Baths Total Sqft Year Built List Price 1075 Grand Mesa Drive 4 2.1 2741 2001 $269,900 2315 Palmer Ranch Drive 4 2.1 2900 1997 $369,900 2385 Palmer Ranch Drive 4 2.1 2800 U $324,900 2647 Barcoo Bend 4 3.1 2525 2003 $349,900 2337 Cattleman Drive 4 2.1 3300 2001 $324,900 1163 Yamma Ridge 4 2.1 2450 2003 $299,900 1080 Coyote Trail 5 3.1 2500 1998 $315,000 2438 Box C...
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By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
  Chicagoland's Mundt Mortgage Moments  September 4, 2013 Edition September 4, 2013 Edition Here's this week's mortgage-related info and articles I thought would be of particular interest and assistance to you ...   Just as a reminder ... many of our local area's property taxes have come due or were due.  Here's important dates:     2nd Installment of 2012 Taxes are/were due in the following Chicagoland Counties: DuPage - Sept. 4th - Wednesday Kane - Sept. 3rd - Tuesday Will - Sept. 3rd - Tuesday Lake - Sept. 6th - Friday Kendall - Sept. 5th - Thursday McHenry - Sept. 5th - Thursday Grundy - Sept. 6th - Friday    The COST of a Home: Last Year, This Year & Next Year ...   The cost of a home is determined mainly by two components: price and mortgage rate. Today, we want to show how the mo...
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By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Why Math is Important to Your Chicagoland Home Buying and Mortgage Process        My Dad was raised during the Great Depression.  An excellent mathematician, he became an Accountant for a living.  Both because of his experiences while growing-up and I believe because of his own nature, he was a frugal man.            Now that's not to say that Dad wouldn't buy anything.  There's a difference between frugal and cheap.  When something had value or he thought it would grow in value, he'd buy or invest.       When the time came that I expressed an interest in buying a home for myself and my wife, even though I was already a Mortgage Lender at the time, it should come as no surprise that I talked it over with Dad.  I bounced some numbers off him to get his reaction and input.  We did the mat...
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By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
  The City of Chicago's and Chicagoland Housing Market is Gaining Strength        Back in January of this year, a report from Standard and Poor's/Case-Shiller showed that Chicago and the Chicagoland Suburbs housing market was "lagging behind" other U.S. metropolitan cities as it related to the housing recovery.  And through my contact with other real estate and mortgage professionals outside of our area, I certainly agreed with that assessment at that time.        Although our Chicago and Chicagoland housing market did seem healthier to me at that point than it had previously, I didn't sense that I was seeing the number of interested Home Buyers or the rebound in sales and prices that professionals in other markets were reporting.  I remained hopeful that changes were coming.    And aft...
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By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
  Questions and Attention to Detail Make for Successful Mortgage Closings   "It's the little details that are vital. Little things make big things happen" ...  John Wooden               As of late, I've been blessed with some very intelligent and engaged Mortgage clients.  From our very first communication, each of these clients has been completely immersed in the details of their mortgage process and becoming thoroughly educated about it.  They've questioned me about every step of their process.  Why this?  Why that?  And it has been welcomed ...          One of my clients, after receiving his Appraisal Report, actually took the time to read the full Report in its entirety.  He asked me detailed questions about the terminology used within the Report, specifically terminology that perta...
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By Cheryl Bowers, Plainfield, Naperville, IL. Real Estate
(Bowers Realty Group LLC)
Walker Country Estates, New Lenox, Illinois Walker Country Estates Real Estate Statistics Average Home Size: 3130 Average Property Taxes: 6598 Homes Listed: 14 Homes Sold: 7 Average Number of Days To Sell: 91 The above statistics were compiled by Team Bowers Realtors based on homes listed for sale in Walker Country Estates, New Lenox, Illinois between August 20th, 2012 and August 20th, 2013. Homes for sale in Walker Country Estates Address Beds Total Baths Total Sqft Year Built List Price 885 Stirrup Lane 4 2.1 3050 2005 $419,000 1031 Regan Road 4 2.1 2850 2006 $449,000 1701 Edmonds Avenue 4 2.1 2963 2006 $329,000 Sold Real Estate in Walker Country Estates - (May 28th, 2013 - August 26th, 2013) Address Beds Total Baths Total Sold Price 681 Lenox Street 4 2.1 $346,000 1225 Hickory Creek...
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By Cheryl Bowers, Plainfield, Naperville, IL. Real Estate
(Bowers Realty Group LLC)
Wildwood Club Estates, New Lenox, Illinois Wildwood Club Estates Real Estate Statistics Average Home Size: 2865 Average Property Taxes: 8835 Homes Listed: 12 Homes Sold: 4 Average Number of Days To Sell: 71 The above statistics were compiled by www.TeamBowersRealtors.com based on homes listed for sale in Wildwood Club Estates, New Lenox, Illinois between August 8th, 2012 and August 8th, 2013. Homes for sale in Wildwood Club Estates Address Beds Total Baths Total Sqft Year Built List Price 104 Gear Drive 4 5.1 3200 1995 $425,000 709 Beech Lane 5 3.1 3000 1994 $354,900 605 Heartland Drive 3 2.2 2700 1996 $328,500 343 Joliet Highway 4 2.1 3200 2002 $340,000 508 Wildwood Drive 3 2.1 0 1997 $247,000 Sold Real Estate in Wildwood Club Estates - (May 10th, 2013 - August 8th, 2013) Address Beds...
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By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
  New Lenox School Dist. 122 Kids Heading Back to Class for School Year 2013-2014      Hard to believe, but over 5,700 kids in New Lenox School District 122  (Pre-School through 8th Grade) will be heading back to school soon.  The first day of school is August 21st, 2013. (A downloadable 2013-2014 school year Calendar can be found  HERE.)      The Schools located within the New Lenox School District 122 include:   Cherry Hill Early Childhood Center Haines Elementary School Arnold J. Tyler Elementary School Nelson Prairie Elementary School Oster-Oakview Elementary School Caroline Bentley Elementary School Nelson Ridge Elementary School Alex M. Martino Jr. High School Liberty Jr. High School Spencer Trail Kindergarten Center Spencer Pointe Elementary School Spencer Crossing Elementary Sch...
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