Wednesday, August 22, 2012

216 Pardridge Place, Dekalb, IL

Monday, April 18, 2011

Fannie Mae brings back REO buyer incentives

Fannie Mae is once again offering closing-cost assistance for buyers who close on a home in the mortgage giant's real-estate owned (REO) inventory.

Buyers who put in initial offers on or after April 11, and close on the sale of a Fannie Mae HomePath property by June 30, will be eligible to receive up to 3.5 percent in closing-cost assistance.

The offer is only good for buyers who intend to occupy the home they are purchasing as their primary residence -- second homes and investor properties are not eligible.

Offers submitted before May 15 have the best chance of qualifying, Fannie Mae said, as offers submitted after that "are particularly questionable for closing" by the June 30 deadline.

In its most recent annual report to investors, Fannie Mae said it acquired 262,078 homes in 2010, up 80 percent from 2009. REO sales picked up 51 percent, to 185,744, leaving Fannie Mae with REO inventory of 162,489 homes valued at $14.9 billion at the end of the year. The company also said $212.8 billion in mortgages guaranteed by the company were delinquent by 60 days or more.

"Given the large number of seriously delinquent loans in our single-family guaranty book of business and the large current and anticipated supply of single-family homes in the market, we expect it will take years before our REO inventory approaches pre-2008 levels," Fannie Mae warned.

Wednesday, March 9, 2011

Sycamore Named A Top in Affordability for Retirement

You may find it hard to believe, but Sycamore, Illinois was named one of the top ten places to retire according to U.S. News & World Report. Anyone who lives here or just passes through can appreciate the charm and personality of this small town complete with a historic and thriving downtown district. And now they have been recognized nationwide. Mayor Ken Mundy doesn’t seem to be one bit surprised. “We’ve got a growing number of retirees here”, Mundy said. “I know people who have left and come back”.

Sycamore, Illinois was the only city from the Midwest to be represented on the list. Sycamore is in the company of many cities that are in warmer climates such as Arizona, California, Hawaii and Florida just to name a few. Sycamore, Illinois is a desirable location due to its free busing transportation for senior citizens and close proximity to major retail shopping, an 18 – hole golf course, a public library, bicycle friendly nature trail, recreation and the I-88 corridor.

For more information, check out the full article: http://money.usnews.com/money/retirement/articles/2011/02/22/10-bargain-retirement-spots_print.html

For help with finding your new home in Sycamore.  Contact me today!  I would love to help you make your dream of a new home come true! 

Jennifer Daring
815-761-6592
jennifer@jenniferdaring.com
http://www.jenniferdaring.com/ 

Friday, December 31, 2010

HAPPY NEW YEAR

Happy New Year to All!

I love looking back at 2010 to see all the great things that have happened.  The year was filled with ups and downs.  But with every down there must be an up to follow.  I hope that your year was filled with great times spent with family and friends. 

One of the most rewarding things about being a Realtor is being able to meet new people and help them with the buying or selling of a home.  The satisfaction that I feel personally when the right home is found is indescribable. Every time I meet someone new I feel my life has been blessed by their presence.

I hope that 2011 will be just as full at 2010.  I wish everyone the best of luck and may all your dreams and wishes come true!