Annoucing Property Maintenance Class

Presented by Lake County Property Investors Association
Saturday, October 18, 2008
9:00 am to Noon
Century 21 Market Place (basement meeting room)
700 N. Lake Street (corner of Route 45 and Route 176)
Mundelein, Illinois 60060
In our series of 2008 seminars you have learned how to acquire properties with short sales, the legal aspects of owning property, how to screen [...]

I never met a real estate agent I liked, until…

I’ve worked with Mel on purchasing two single family homes, so far. In November of 2007 I decided to try investing in real estate and be a landlord.
I spent a few months getting money together, searching for properties, start to learn about the business and trying to find an agent to represent me with my [...]

Lake County May Buy Foreclosed Homes

New source of affordable housing
August 7, 2008 | By Jim Newton | News Sun 
A new federal housing law signed by President Bush last week may increase affordable housing opportunities in Lake County.
The law, aimed at stabilizing ongoing problems in the housing market, includes almost $4 billion in block grants that will allow states and local [...]

REO inventory increased in July

In my market area, active REO listings increased 4.7% over June
Pending listings (under contract, no contingencies) decreased 9.4%
Closed listings decreased 2.0%
Previous month trends hinted at a foreclosure slowdown; but that hope was shortlived.