Bob Reilley
August 2019
Buying or Selling? I can save you Time and Money

Daily News And Advice
Today's Feature Stories

Three Needless Seller Worries

Starting with the initial decision to sell, worry is often a major issue for sellers; however, once a listing agreement is signed, sellers are no longer alone with their worries. PJ Wade explains Three Needless Worries and how real estate professionals remove stress and worry for sellers.


Where Are the Best Places to Own an Airbnb? It Depends on the Revenue, and the Rules

Count Los Angeles as the latest city to impose new restrictions on Airbnb rentals. Owners must now register their property with the city and also pay a fee of $89.

In addition, “Hosts can only register one property with the city at a time and the property must be their primary residence (where they live at least six months out of the year),” said Curbed. “Rentals are limited to a 120-day annual cap, and rent-stabilized units are no longer allowed to be used for home-sharing—even if the host owns the unit.”


Six Creative Ways to Drum up Interest in Your Home

A perfectly updated home at the right price in a highly coveted neighborhood may sell right away, but what about the rest of the homes that hit the market? You should be able to depend on a well-connected, experienced real estate agent to create a solid marketing plan, network with fellow agents, and hold open houses. But is there something you might be able to do to help get your home sold? There sure is.


Smart Tips to Pay Your Mortgage off Early

New data shows that nearly 40 percent of all homes in the United States are owned free and clear, with “the highest share” in West Virginia at 54%,” said Bloomberg. “Maryland and the District of Columbia were on the other end of the spectrum with rates of 27% and 24%, respectively.”


Why This Might Be the Time to Buy a Condo

Is a condo in the cards for you? Or have you crossed it off your list because it’s too hard to get a decent loan? We have some good news. 

New guidelines from the Federal Housing Administration (FHA) means more homebuyers may be eligible for a government-backed mortgage. That could mean a lower down payment and easier qualifying than what is required for conventional loans for condos. 

“The federal agency released new guidelines Wednesday for FULL STORY->

Why You Should Replace Your Roof Before Selling Your Home

Are you thinking about putting your home on the market for sale? It doesn't matter if you've been living there for 50 years or five. You want to do everything you can to get the most from your initial investment. Find out why a residential roof replacement is one thing to consider to help get the most out of your house that's for sale.

New roof installation will help with the selling of your home for several reasons. You can increase the asking price, prevent potential FULL STORY->

Seven Next Steps to Becoming Favorably Known as a Trusted New Home Advisor With Credentials (And a Marketing Plan)

Your New Home Co-Broker (NHCB) designation gives you professional credentials to separate your services from your competition, or can if you take the following steps to make it happen. Bookmark this page and refer to it often.

Step 1. Announce your credentials in Realty Times. Free. See sample.

Before you do anything else, announce to the world that you earned your designation. All you have. Send a high-resolution .jpg of your photo and your contact information to FULL STORY->

Millennials Compete With Seniors for Prime Real Estate

The percentage of Toronto-area homes owned by seniors is rising, putting more pressure on an already tight real estate market.

A recent report from Canada Mortgage and Housing Corp. (CMHC) says that rising homeownership rates among seniors in the Toronto area is making it tougher for younger generations to get into the market.

Author Inna Breidburg says that as Toronto’s senior population grows at a faster pace during the next decade, “the conventional FULL STORY->

Generation X Turns 55: How Are They Prepping for Retirement?

It may be hard to believe, but the generation that worshipped Kurt Cobain and witnessed the birth of Hip Hop is at a crossroads. Gen Xers, born in the early to mid 1960s through the early 1980s, have reached a point in their lives where the kids have flown the coop and retirement is creeping around the corner. 

This generation, often typecast as angst-ridden and cynical, is in fact extremely driven and focused on their long-term goals. They’re always FULL STORY->

Mortgage Rates
Averages as of August 2019:

30 yr. fixed: 3.75%
15 yr. fixed: 3.18%
5/1 yr. adj: 3.47%

Buyers Advice

Sellers Advice

Homeowners Advice

Advice For Borrowers

Homeowner Association News

Bob Reilley,Real Estate Broker CREA
Cell: 630-533-0011
ARNI Realty Inc.
21 Broadway St
Des Plaines Il.60016

Equal Housing Opportunity