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Uncategorized Understanding Resdientia Property Taxes 🏡 Understanding Residential Property Taxes: What Every Homeowner Should Know Property taxes aren’t exactly the most exciting topic—but they’re one of the most important parts of homeownership. Whether you’ve lived in your home for years or you’re just settling in, understanding how your property is assessed (and taxed) can make a real difference in your […]
Uncategorized Finding a home is more than just the house. When you buy a home you’re also choosing a community.   Even if your dream house checks all the boxes inside, a poor neighborhood environment could undermine your long-term happiness and investment. Schools, safety, accessibility, and local vibe have a lasting impact—unlike paint, fixtures, or flooring, these can’t be changed.         Schools […]
Uncategorized Just a few helpful programs to lighten the load when buying a home 🏡 Illinois Down Payment Assistance Programs Program Name Assistance Offered Key Details IHDAccess Forgivable Up to $6,000 (4% of purchase price) Forgiven after 10 years—no repayment required if you stay in the home IHDAccess Deferred Up to $7,500 (5% of purchase price) Interest-free loan, repaid when you sell, refinance, or finish mortgage 1stHomeIllinois $7,500 grant […]
Uncategorized Illinois Capital Gains Tax on Real Estate (2025) w/ Calculator. Illinois Capital Gains Tax on Real Estate (2025) w/ Calculator. It walks you through: Illinois Capital Gains Tax on Real Estate (2025) w/ Calculator 🏡 What capital gains are — the profit from selling your home above its cost basis. 💸 Federal exclusions — up to $250,000 for individuals or $500,000 for married couples if […]
Uncategorized Mortgages – so many ways to get financed Types of Mortgages Conventional Home Loans The most common form of mortgage is a conventional mortgage, also known as a conforming loan. This type of home loan involves two parties: the borrower (you) and the lender. Most lenders require at least a 20% down payment on a conventional mortgage, e.g. if the home costs $300,000, […]
Uncategorized Check your real estate tax bill                   Now’s the time to check your tax bill for any increases.  If your taxes went up (and many did this year), your mortgage escrow account may not have enough to cover the difference … which could lead to a shortage and surprise increase in your monthly […]
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