How to Buy a New Home Before Selling Your Current One
Amy Kite Blog
by Amy Kite
2w ago
These programs will help you have a seamless transition to a new home. In today's real estate market, many homeowners face the challenge of buying a new home while needing to sell their current one. With sellers often rejecting offers contingent on the sale of another home, it's crucial to find solutions that make your offer more competitive. One effective strategy is utilizing a Buy Before You Sell program. These programs, offered by various lenders, guarantee the sale of your current home, allowing you to confidently move forward with purchasing a new one. Key features include: Guaranteed sa ..read more
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How a Private Network Revolutionizes Real Estate Sales
Amy Kite Blog
by Amy Kite
3w ago
Get the upper hand on the competition by using a private network. In today's real estate market, a private network within the MLS is proving to be a valuable tool for both buyers and sellers alike. Let's delve into why this private network is gaining traction and how it benefits those involved. Firstly, what is a private network? It's essentially a platform within our MLS where properties are listed before they hit the public market. This allows agents, especially those like myself who frequently sell properties, to introduce upcoming listings to a select audience. For sellers, utilizing the p ..read more
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What’s The Best Way To Buy a Home Before Selling?
Amy Kite Blog
by Amy Kite
1M ago
What homeowners need to know about buying a home before selling. Selling your current home before buying a new one is the conventional way to move. However, depending on your situation, there will be times when buying before you sell is the better option. Whatever your reason, you should know that buying first comes with additional risks, such as paying two mortgages, if your current home takes a long time to sell. If you’re in a situation where you must buy first before selling, don’t worry. It’s not impossible, but it takes some strategic planning to make it happen. Here are three things tha ..read more
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Winning Strategies for Bidding Competitive Multiple-Offer Situations
Amy Kite Blog
by Amy Kite
1M ago
These tips will make your offer stand out from the crowd in a bidding war. Securing your dream home often means navigating through multiple-offer situations. With three to 10 offers becoming increasingly common, it's crucial to craft an offer that stands out and increases your chances of success. Here are some winning strategies to consider: 1. Understand the seller's priorities. The first step is to understand what matters most to the seller. This information is key in tailoring your offer to their preferences. Whether it's the closing date, specific terms, or price, clarity on the seller's p ..read more
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Why You Need a Real Estate Pro
Amy Kite Blog
by Amy Kite
1y ago
Why You Need an Experienced Real Estate Team If you're considering buying or selling a home, you'll want an experienced real estate team on your side. From contract negotiations to closing, we're here to assist you from start to finish, ensuring you have the best possible experience throughout your sale or purchase! If you're considering buying or selling a home near Chicago, give us a call today ..read more
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Build Your Net Worth With Home Ownership
Amy Kite Blog
by Amy Kite
1y ago
How Owning Real Estate Builds Your Net Worth Investing in real estate is a significant milestone and both a financial and personal achievement to take pride in. The equity you build as a homeowner gives your net worth a big boost, and if you own multiple properties, you can look forward to monthly rental income as well. With interest rates and inflation at record highs right now, the link between owning real estate and building wealth is critical. “On average some properties in the Chicagoland area have seen their values increase by 30% since 2019.  That means that a house that was v ..read more
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Should I Sell My House Now or Wait?
Amy Kite Blog
by Amy Kite
1y ago
It’s no secret that we’re seeing changes in the Chicagoland housing market as interest rates climb and buyer demand slows. Fortunately, there are benefits to selling in a slowing seller's market. We’ve put together our top reasons selling your Chicagoland home now may be a better option than waiting to see what happens in the new year. Benefit: You Have Great Options For Your Move We’ve all seen the growing housing inventory in Illinois and throughout the country this year, as rising mortgage rates slowed the post-COVID lockdown real estate frenzy. While this seems like a negative for anyone g ..read more
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How Real Estate Can Help You Build Wealth
Amy Kite Blog
by Amy Kite
1y ago
Everyone should invest in real estate if they can: Here’s why.  Investing in real estate is one of the best ways to build long-term wealth, so it’s no surprise that I have a passion for it. I invest in real estate in pretty much every way I can, including flipping. However, I prefer to hold onto my properties. Look at it this way. Housing appreciates by 4% every year on average. That means that if you invest in real estate, your wealth will double every 10 years. As an example, I recently purchased a property for about $43,000. I put $15,000 into fixing it up and rented it. However, I dis ..read more
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The Importance of Wills and Trusts
Amy Kite Blog
by Amy Kite
1y ago
If you haven’t written a will yet, there’s no better time to write one. I recently had a family member pass, and they didn't have a will or an estate. Now, the kids all have different ideas about what to do with the property, so there's a lot of bickering. None of this had to happen—it all could have been planned for and handled in a will. Everybody needs a will, and if you own real estate, you also need a trust. You want to stay out of probate because that costs more than creating the will and trust. Having things planned out will also reduce stress during an emotional time. Having a set plan ..read more
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Best Chicago Suburbs for Families
Amy Kite Blog
by Erin Jones
1y ago
Having a family often means that when you look for a place to settle, there are different criteria for the area. It needs to be more family-friendly to ensure your kids get the most out of their childhood. Some of the things considered for this list include great schools, diverse populations, plenty of recreation options, and other factors that make an area great for families of all sizes and ages. Here are some of the best Chicago suburbs to raise a family in no particular order. Elmhurst Starting off our list of best suburbs of Chicago for families, Elmhurst has an excellent school system. I ..read more
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