East Randolph Street – Call Kristine 312-933-1894

Observations and insights into real estate happenings along E. Randolph St. in downtown Chicago

East Randolph Street, Chicago

Entries from October 6th, 2009

Two showings at the 8 E Randolph unit 2107

October 6th, 2009 · No Comments · Uncategorized

Today I had two showings for rent at the 8 E Randolph at unit 2107. This is a one bedroom unit with nice new kitchen, new bathroom, kitchen features gas stove, granite counter, nice cabinet and track lights. The bathroom has marble floor and it is so spacious, the bedroom has lots of closet space […]

[Read more →]

Tags: ····

Mortgage guideline with renters to owners ratio

October 6th, 2009 · No Comments · Uncategorized

Just want to clear some important mortgage guideline of the condo buildings, the FHA/VA /conventional guideline is the renter to owner ration in the building is less than 50% for existing buildings and 30% for new construction buildings. And there are less than 15% of the owner is short on payment to the associations. So […]

[Read more →]

Tags: ··

Just contracted – Two bedrooms at the 450 Waterside unit 908

October 6th, 2009 · No Comments · Uncategorized

This unit is pending now, this is a great two bedrooms unit over looking the lake, facing south with a large balcony, the unit features new kitchen, new bathroom, with nice floor to ceiling windows. nice wood floor in the living room. The price has been reduced from $578,000 in Sep 2008 to $499,000 in […]

[Read more →]

Tags: ·····

U.S. Treasury set to finalize home “short sales” plan

October 6th, 2009 · No Comments · Uncategorized

Not so many people understands “short sale”, when I ask my clients if they understand the meaning of the words and the process, very seldom could tell and for those who understand very well, they have specifically mentioned that they do not want to bid on any “short sale”. I do not blame them, I […]

[Read more →]

Tags: ·

Just closed foreclosure one bedroom at the 222 Columbus Dr – unit 2807

October 6th, 2009 · No Comments · Uncategorized

This one bedroom has just closed yesterday, with the listing price of $199,000 and the closing price of $195,ooo. This price is about $100,000 lower than the people paid in 2007. I have showed this unit to a potential buyer, the unit looks nice, although it is a foreclosure, it has maintained very well, even […]

[Read more →]

Tags: ······