Good news for those who purchased a property in anticipation of closing by June 30 and claiming the Homebuyer Tax Credit! The most recent Federal Homebuyer Tax Credit stipulated that the buyer must have a contract on a property on or before April 30, 2010 AND CLOSE ON THE PROPERTY by June 30, 2010. However, a new piece of legislation has been introduced that would extend the required closing date to September 30, 2010, due to the number of homebuyers that were under contract by April 30 but are - for various reasons - not yet able to close by June 30. With so many mortgage applications in the pipeline, many lenders have notified their buyers that they won’t be able to close by June 30 as initially expected. This problem has affected an estimated 180,000 people. If this affects you or anyone you know, please let your senators know that you support the amendment to this tax credit.
Extension of Closing Date for Tax Credit
2434 N Greenview, Chicago IL 60614. Possibly one of the most mysterious buildings I have ever seen. Does anyone know what this is? All windows are above eye-level and made from glass block… there is no doorbell on the “front door” which is actually a fenced entryway. Protective metal bars cover most windows and the roofline. There are videocameras surrounding the building. There is no sign on the building whatsoever. Tax records tell me it is owned by a Robert Goldman, and a simple Google search indicates he is some sort of a doctor who’s patented a “brain resuscitation and organ preservation device” (OK, I’ll admit, I’m getting a little creeped out). A Google search of the address tells me that this building houses not only the “American Academy of Anti-Aging Medicine”, but also “Organ Inc”, “High Technologies Research Instutite”, and the “Institute Museum”!? The biggest clues on the building are the symbols in gold decorating the front that appear to be some sort of insignia. However, I have no idea what these mean. Help me solve this mystery! Robert Langdon, where are you when I need you?
Hmmm… what do we do with the hole that was dug out for the foundation of the now-defunct Spire development? The answer is obvious, of course - use it to store a hot air balloon that carries a circular-shaped swimming pool. Then surround the hole (where the pool is stored) with sand. How amazing would this be?!
The sales center for the Spire was truly impressive. I mean, for $10 million bucks what do you expect? Sadly, we say goodbye to it today.
There’s been a lot of talk recently about what hotel is going to land itself in the Aqua building on the New East Side. Today we find out it’s going to be the country’s first Radisson “Blu” hotel. For those who don’t know which building Aqua is… it’s the one that you look up at from Millennium Park and say “what’s with those curvy balconies?”. Those curvy balconies actually look pretty cool when the light is shining the right way. Kind of like water. Hence, “Aqua”.
Light Up Trump »
My fiance Zack always talks about how the Trump building should light up all night, just like the rest of the iconic skyscrapers in Chicago. And I totally agree. This article gives us a little more information about what’s going on…
This unit in the former Playboy mansion was just put up for sale. Anyone with $2.9 big ones interested in a piece of Hef history?
Lincolnwood Court is progressing! Al of the trim and main floor walls are painted, built-ins painted and installed, and the paper is being taken off the hardwood floors.
I’ve shown this house in Skokie twice today already… We’ve had tons of showings since we listed it only a few weeks ago. A lot of home for $329,900…. Hope we get an offer soon!
AWESOME condo in Little Italy. Seriously this place is beautiful. And huge, too… two levels with an amazing private deck that overlooks the city like no other. Just a block from Taylor Street. Mmmmm, spaghetti….
Afraid of Losing Your Home? »
Read about this new federal program that started 3 days ago. It’ll be of interest to anyone facing foreclosure.
Mortgage Rates Begin To Rise »
If you were waiting to buy until the market hit rock-bottom… it might be now. Mortgage rates have started to inch back up, as expected…. if you want to take advantage of low rates, now might be the time for you.. This Chicago Tribune article says that “Many analysts forecast rates will rise as high as 6 percent by early next year.” Right now you can still find rates in the 5s… sometimes even high 4s….
Move-in ready townhome…. it’s THE lowest priced townhome in St. Charles… great layout… and in STC school district!
