Your Chicago Real Estate Consultant:
Mike Frank
September 2019
Making Your Move Matter

Daily News And Advice
Today's Feature Stories

Why an Investment Property Should Be Your First Real Estate Purchase

Not ready to buy a home for yourself but want to take advantage of great market conditions? Consider buying an investment property! It’s a trend that’s taking over real estate as savvy investors look to put their money in an appreciating asset. Here are seven reasons to make this smart move.


Which Type of Loan Is Best? We’re Doing an Apples-To-Apples Comparison.

FHA. 30-year conventional. 15-year term. With so many loan options out there, how do you know which is best? There is not one across-the-board winner because everyone’s situation is different. But there are pros and cons of each that might make one loan work better for you. We’re comparing and contrasting some of the most popular options to help you make the best choice when buying a house. 


What’s More Important: A Large Floor Plan or the Right Layout?

More. More. More. That’s what we want in life, and certainly in a home. Right? We’re conditioned to reach for the stars, and, in the real estate world, that means going for the biggest home you can. But is bigger always better?


Bold Patterns: Tips for Using the Trend in Your Home

Like florals? Great! Graphic patterns. Awesome. Stripes? Fantastic. Choose your poison. It’s all about graphic patterns today. The trick to making them look fresh is in the scale. Modern patterns are all about the oversized. 


The Many Steps You Can Take to Start Saving For Your First Home

A first home is a special milestone. This is a chance to leap into the first steps into full fledged adulthood. One of the most important aspects of buying a new home is finding the funds for a down payment. Most lenders require the prospective applicant to demonstrate they have saved a certain amount of money in order to qualify for a home loan. Fortunately, there are many ways to save that sum.

Find Out How Much You Should Save

Many potential first time home buyers do not FULL STORY->

Clever and Simple Ways to Reduce Your Carbon Footprint

If you are concerned about climate change and global warming, then you may be thinking about reducing your carbon footprint. Your carbon footprint is the amount of carbon dioxide emissions you produce over a period of time. No matter how large or small your carbon footprint is, every little bit you reduce can help the environment. Fortunately, there are many ways you can lower your carbon dioxide emissions without drastically altering your lifestyle.


A Checklist for the New Homeowner

Congratulations on your new home! It’s been a long stressful journey getting to where you are now. You’ve had to give up your old home, decide whether you can afford a new one, and then move your entire life to a new state or a new neighborhood. It’s been stressful, but you’re almost through. Most people wish that they could have a checklist as they’re settling in. So, to help, here is a 5 step checklist.

1. Notify the Post Office and the Bank FULL STORY->

Are You Ready for Some Football? Move to One of These Top NFL Cities

Yeah, things like jobs and real estate values are important, but you know what really matters? The strength of your football team. 

Yes, for some people, there is no greater motivator to move to a city than whether or not there’s an NFL team to root for, and the chances of them actually ending up in the Super Bowl. Now that the new NFL season has started, we’re taking a look at the best places to live for football fans. 

We used FULL STORY->

How Lenders View Retirement Income

If you or someone you know is retired or retiring soon and planning on buying a “forever” home, there are some things to know as it relates to qualifying income. For most, retiring means living on less and essentially downsizing financially. The regular 1st and 15th paycheck is in the rear view mirror and now it’s time for other income to come into play. For most, monthly income comes from social security, interest and dividends and retirement accounts.


Mortgage Rates
Averages as of September 2019:

30 yr. fixed: 3.55%
15 yr. fixed: 3.03%
5/1 yr. adj: 3.32%

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Keller Williams Preferred Realty
939 W. North Ave. Suite 750
Chicago IL 60642

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