In Real Estate, the Details You Ignore Are Usually the Ones That Cost You

Buying, selling, financing, or inheriting a home involves a lot of paperwork. Most people understand that in theory. The problem is that once the process gets moving, it becomes very easy to rely on someone else to handle the details. The attorney will check the numbers. The real estate agent knows what was agreed to.…

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Smart Ways to Use Your Home Equity Without Giving Up a Great Mortgage Rate

Owning a home gives you options, but not every option is automatically a good one. You may be thinking about selling while buyers are still active. You may need access to the equity you’ve built. You may simply be looking for ways to reduce rising household expenses. Whatever the situation, the goal shouldn’t be to…

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Student Loans and What Nobody Tells You about Buying Your First Home

If you’ve decided you’re ready to buy a home, there’s a lot that you need to know! You might have concerns about your credit, or your student loan debt, or even the down payment! No matter what your concerns are, you need to make sure you’re talking to someone who actually wants to help you.…

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Three Financial Missteps and How You Can Avoid Them

Pay Your Bills… On Time! This first step may seem obvious, but one late payment could result in a 20-100 point drop in your credit score! That means that by having one 30 day late payment could result in an extra $50 a month on an average mortgage payment. Paying your bills on time is…

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Real Estate Today: Four Things You Should Know

Every so often it’s important to take a look at the real estate market to look for the best tips and practices. Today’s market is constantly changing, but there’s a few key points that you can keep in mind if you are looking for your first home, your fiftieth home, or looking to refinance your…

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My First Time: How to Know When You’re Ready to Buy a Home

They say you never forget your first time, and I agree. You never forget the first time you buy a home. What did you think I was talking about? Today’s real estate market is constantly changing, and to enter into this market can seem immediately overwhelming. Having said that, half of millennials attend to enter…

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2018 Chicago Pride Parade

Team Hochberg was honored to take part in the Chicago Pride Parade! Thanks to our partners at WCPT Radio and to our co-workers at Homeside Financial, LLC.! To close out my WLS Radio Show, Home Sweet Home Chicago, I responded to a caller who questioned why my team would participate in the Pride Parade and…

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Interest Only Loans: The Right Loans for The Right Borrowers

There are a few different loan products that have been unfairly blamed for the financial calamity that most of lived through in 2007-2008. Blaming a loan for something that scumbag lenders did is a lot like blaming a bank robbery on a crowbar rather than the actual criminals. Interest only loans can be a great…

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Mortgages in 2018: The Good the Bad and the Highly Regulated

To secure a mortgage in 2018 there are several basic concepts to keep in mind depending on your situation. The economy is strong: This means that more and more people are staying in one place, which limits new inventory coming into the market. Millennials are here to stay: More and more millennials are finally moving…

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