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South Loop Scoop
August 19, 2010
Chess Lofts, located in the south loop, began specials last month and many are cashing in on the huge savings! Over a dozen homes sold quickly when the developer, of these heavily upgraded loft units, were ALL given ONE PRICE for each unit type. Living on the 3rd or 7th floor, with or without a lake and city view, was up to the buyer at incredible pricing. If you are looking for a great deal, it would be wise to visit the sales center, before you miss out! You can call the sales center at 312.225.1300, for more information or to schedule your showing.
August 3, 2010
Everyday I get a new e-blast or hear an advertisement promoting how low interest rates currently are and how they will not remain that way forever. While you can conjecture all day long about how long these low rates will last the fact that these rates are at historic lows can NOT be argued. These low rates make owning a home much more affordable.
Take a $250,000 condo where you put 20% ($50K) down. Assuming you secure a 4.5% 30 year fixed rate your monthly payment will be approximately $1,023 per month. Now assume your interest rate jumps to 6% suddenly your payment becomes $1,210 per month – an increase of nearly 20%!!! If you put less money down the increase in the monthly mortgage payment will be even more substantial.
Point being – if you are in the market for a new home, strike while the iron is hot and take advantage of these historically low interest rates. The advertisements in this are not misleading.
June 22, 2010
Chess Lofts located in the south loop (320 E. 21st Street) is offering special ONE PRICE ONLY EXTENDED this weekend, Sat. 6/26 & Sun. 6/27 from 12pm – 5pm. The developer’s special pricing is on ALL units released in phase II. ALL one bedroom units will be $169,900 and ALL two bedrooms are an incredible $229,900! Even residences with incredible skyline & lake views, corners, and high floors will receive these incredible savings! DEVELOPER RELEASED 10 ADDITIONAL UNITS! BUYERS SHOULD ARRIVE EARLY FOR FIRST PRIORITY! With savings of over 50% off on select units, you will not want to miss this! All residences have been upgraded with exceptional finishes.
Call Sales Center for appointment 312.225.1300.
ATTENTION ALL STUDENTS! Fall Semester will be here sooner than you know, so why not have a worry free summer and find your housing now rather than waiting until the last minute?
Roosevelt Student Apartments, on the corner of Roosevelt and Wabash, is the perfect location if you are attending any college in Chicago. Steps away from the CTA buses and train lines ensure quick and easy transportation all across the city.
Now you can receive $250 off 1st month’s rent if you sign your lease this week! Hurry the offer expires soon! Don’t wait ‘til it’s to late call 312-225-9700 now!
June 17, 2010
The Senate has amended a bill to give homebuyers who were under contract on a home purchase by April 30 an additional three months to close the deal and claim the federal homebuyer tax credit.
Extending the deadline for closing from June 30 to Sept. 30 would allow lenders more time to clear a backlog of 180,000 homebuyers nationwide, said amendment sponsor Sen. Harry Reid, D-Nev.
The amendment to HR 4213, the “American Jobs and Closing Tax Loopholes Act of 2010″ — which primarily extends unemployment insurance benefits — was approved in a vote on Wednesday.
For more information please contact a Weichert Realtors, Frankel & Giles Agent.
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South Loop Scoop
