Your Chicago Real Estate Consultant:

Mike Frank
May 2018
Real
Making Your Move Matter






The First Offer May
Be The Best Offer


  Sometimes when everything goes right we have trouble accepting that fact. Perhaps nowhere is this phenomenon more clearly illustrated than in the case where a seller receives a good offer right away.
   The annals of real estate are well stocked with stories of sellers who refused to take a good, but not perfect, first offer, and who then waited a long, long time before finally accepting something else at a considerably lower price. And most agents who have been around for a while know to shudder when


Mortgage Rates
U.S. averages as of April 26, 2018:

30 yr. fixed:   4.58%
15 yr. fixed:   4.02%
1 yr. adj:        3.74%




View current rates





a good strong offer is made almost at the outset of a listing; for the seller's reservations are almost inevitable. "Did we list it too low?" "If someone will offer



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Three Big Things Homebuyers Are On The Look-Out For

     As a seller, you have a lot more control in pleasing buyers than you think. If you start the selling process by learning what buyers really want, you can prepare your home to come as close to their dreams as possible.
      Here are the five biggest turn-ons for homebuyers and what you can do to please buyers.
      Curb Appeal: You only get one chance to make a first impression. Your home should sell to the buyer from the curb. That's how important curb appeal is. Your buyer should be so impressed, so charmed, so delighted that they want to leap out of the car and run inside.
      How do you create curb appeal? Show attention to detail. Your home has to be prettier, cleaner and in better condition than its neighbors.
      Start with sweeping the drive, walkway, and porch or entry of dirt and debris. Get rid of leggy bushes, wilted flowers and broken tree limbs. Plant fresh flowers in the front garden or in containers at the entry.
      Power-wash the exterior and hand-wash the windows. Touch up paint around the windows, if needed. Paint the front door a fresh, modern color. Replace the door hardware and porch sconces.
      Space: The number one reason why




Saying 'I Do' To Your House Before Your Spouse

     A home of your own complete with a white picket fence, the realization of the "American Dream." If you're unmarried, though, you might feel this dream is out of your reach. After all, aren't wedding bells supposed to proceed house hunting? Well, according to recent stats, there are many couples who are reversing the order of things and opting for home ownership before marriage.
      Stats on Home Ownership Before Marriage According to a study by NAR, one in four couples, between the ages of 18 and 34 years-of-age bought a house together prior to marriage. Another poll performed by MONEY discovered that 40% of millennials feel it is a good idea to put home ownership before marriage. Perhaps, you agree and would like to realize the American dream of homeownership before saying "I Do." Read the helpful tips listed below for turning your dream of home ownership into a reality:
      Learn Your Credit Scores: While married couples are often viewed as a single unit, you have the advantage as an unmarried couple to decide which person best fits the home buyer profile. This of course means, which of you has the best credit score and the most assets. You can choose to cosign or own your home jointly if you prefer. Keep in mind, though, that if one of you has a less than stellar credit rating, it could reduce the amount of money you qualify to borrow.
      Title Your Home Properly: There are three main options you can use to



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Inside Tips On Outdoor Kitchens

     Outdoor kitchens make dining al fresco at home more appealing than ever. A rebounding trend in outdoor living reveals more and more properties feature outdoor kitchens that once were the province of only the very wealthy.
      Today, moving the home’s indoor central meeting place outdoors creates an open-air living space that’s both accessible and inviting as any indoor room. Great for gatherings and socializing, having a kitchen and dining area outdoors also eliminates some of the indoor mess and hassle of food preparation and makes for a more inclusive cooking experience.
      You can create outdoor living space that is an organic part of your yard or a discrete, open-air self-standing room or suite for your home. With features ranging from simple and functional to



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Read about the events shaping the Real Estate market today, find current interest rates, or browse the extensive library of advice and how-to articles written by some of the top experts in Real Estate. Updated each weekday.



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Mike Frank, GRI
E-mail: mikefrankkw@gmail.com
Web: http://www.mikefrankrealtor.com
773-251-8963

Keller Williams Preferred Realty
773-251-8963
939 W. North Ave. Suite 750
Chicago, IL 60642


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Michael J Frank
Michael J Frank
GRI, Broker