Thursday, February 26, 2009

Vaughans Garden Center is Closing!!!

Hurry over to Vaughans to pick up some great bargains. Everything in the store is 40% off. Fall, Halloween, Thanksgiving and Christmas items are all 70% off. Now is the time to stock up on your holiday decorations and gifts. Vaughans is located on the corner of 47th and Commonwealth just before the overpass into Hinsdale.

Wednesday, February 25, 2009

Closed in Ridgewood Oaks of Western Springs

Closed February 24, 2009 5804 Wolf Road Unit b-1

First floor quad home with 3 br, 2 bath built in 1978. Originally listed for $269,900, lowered to $249,900. This home was on the market for 270 days. Closing price-$220,000.

Call today for a free home appraisal...Linda Hanley Kelly 708-334-5356 Charles Rutenberg Realty

Mortgage Credit Certificates MCCs

Went out to the board of realtors today for a class on MCC Programs. The village of Downers Grove is a home rule community and they have $1,634,506 available for an MCC program for first time home buyers in the village of Downers Grove corporate limits. What this is, is a federal income tax credit in an amount equal to 20% of the interest paid on the mortgage. This credit stays with you for up to 30 years if you stay in the home. It can be used with an FHA mortgage with 3 1/2% down, a VA loan with 100% financing or a conventional FNMA/FHMC product.

Call me to learn more about this. There is also money called the I-Loan Certificate Program that is Statewide MCC Program. There are income limits and other criteria but they do offer wonderful incentives to buyers who qualify.

Add to that the American Recovery and Reinvestment Act that is an $8,000 tax credit for first home buyers and it looks to be a good year to get into a home.

Linda Hanley Kelly, Charles Rutenberg Realty, 708-334-5356

Monday, February 23, 2009

Home sold and closed in Old Town of Western Springs

4208 Rose Avenue in Old Town was originally listed for $649,000 and was currently listed for $589,000. Home closed on 2/23/09 for $556,000. Home had 3 br, 2 1/2 baths, first floor family room, 50 x 132 lot. Was on the market for 256 days!
Call today for a free home appraisal. Linda Hanley Kelly
708-334-5356 Charles Rutenberg Realty

Thursday, February 19, 2009

Closing in Commonwealth in the Village

5117 Creek Drive in Commonwealth in the Village
3 Bedroom, 2 1/2 bath on the creek. Aspen model with see-through fireplace between Living room and Family room. Fireplace in Master Bedroom. Large Deck. Unfinished basement.
Listed at $469,900 sold for $447,000. Closed February 2009.
Call today for a free home appraisal.....Linda Hanley Kelly 708-334-5356

Tuesday, February 17, 2009

What is for sale in Western Springs?

Currently there are 119 single family homes for sale in Western Springs. 47 are for sale for under $500,000, 47 are listed between $500,000 and $1,000,000 and 25 are for sale for over 1 million dollars. The lowest price home is $279,000 and the highest price is $1,779,000. There are currently 9 homes with contracts pending on them. 8 of those homes were listed for $589,000 or less and 1 was over 1 million.

Call me to see any of these homes or to get your home appraised. I have over 30 years of real estate experience right here in Western Springs. Linda Hanley Kelly, Charles Rutenberg Realty, 708-334-5356.