Five important tips when buying a property

When you find your potential “dream property” it is very tempting to

rush in and close a deal as quickly as possible. Some buyers have

regretted rushing in so quickly with issues such as mortgage

applications, credit scores, the neighborhood, a lack of understanding

of the area and potentially leaving themselves open to being galumphed.

Buying a property can be challenging but do your homework and make it as

easy as possible.

Patrick Kavanagh Chicago passionate about the Chicago Property market,

offering property for sale in a niche market. Patrick Kavanagh Chicago

have excellent contacts in the Chicago banking and wholesaler markets.

Experienced Chicago realtor. I always strive to offer excellent value

for money with high yields rental homes. I care for each of my clients. I

offer excellent after sale service. I deliver on what I promise.

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Property investors regain their appetite for real estate as first home buyers also return

In seasonally adjusted terms, the value of investor loans jumped 4.2 per cent over the month to $12.6 billion despite higher interest rates and tighter bank restrictions in the sector. Total home loans were up 2.1 per cent, which was ahead of market expectations for a flat result. New owner-occupier loans were up 0.9 per cent. First home buyers have continued their return to the property market , taking advantage of stamp duty exemptions announced in recent state budgets . First home buyers staked out a 17.2 per cent share of the owner-occupier market , the highest level in more than four years and well up from near-historic lows of 13.4 per cent at the start of the year. The average loan size for first home buyers dropped marginally by $400 to $321,000 , while the overall loan size for owner-occupiers was down $900 to $369,600. The total number of loans edged up 1 per cent, driven by new and established property purchases, while the number of loans for construction fell 2.4 pe...

Patrick Kavanagh Chicago - California real estate goes to pot

Monday Morning Cup of Coffee takes a look at news coming across the HousingWire weekend desk, with more coverage to come on bigger issues. Patrick Kavanagh Chicago Property California is set to legalize marijuana trading next year and it’s already leading to an economic uptick in the Golden Bake , um, I mean Golden State. According to this great article in National Real Estate Investor : “This highly anticipated event is attracting private real estate investors from across the U.S. who want to take advantage of the opportunity opened with the legalization of cannabis use in the sixth largest market in the world,“ writes Patricia Kirk . For a more comprehensive look at the impact of legalizing marijuana on the national real estate markets , see this marijuana feature by HousingWire 's own Caroline Basile, exclusive to Housing Wire subscribers only. Basile notes: “With recent changes, banks are finding an opening to serve lucrative marijuana businesses. Nationally, 29...

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