Micah, Seth and Cal sledding at South Shore Country Club, Jan. 2010
Wednesday, November 30, 2011
Monday, November 28, 2011
South Shore Country Club Golf Simulator
The South Shore Country Club has unveiled "The Tour" for members and also for the general public. The Tour will be a golf bar housing 2 PGA Tour Simulators from aboutGolf along with dart boards, a bar, TV's and a full wait staff. The PGA Tour Simulators offer a unique virtual experience that is not only enjoyable for all ages but can also improve the game of even the best players.
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Saturday, November 26, 2011
How To Buy The Perfect Home With A Good Resale Value
It's one of our biggest investments and some of us are doing it more than once during our life.
Like many things in our life that have changed dramatically, so did our habitation practices. Most of us don't stay in one house for the full duration of our lives as it used to be for many people in previous generations.
Our modern dynamic life style and economy, calls for flexibility, mobility and frequent changes, People are following their jobs and careers even if it means moving from one side of the nation to the other.
This tendency is in line with our culture of consuming society. We replace everything faster, we treat cloths, cars (some just lease), refrigerators and our dwellings like fashion items
with short longevity.
When we decide to buy a house we need to think in terms of sort to medium range periods of time and that should bring us to consider the resale value of our home in the future.
Buying a home with good resale value might take a little longer, and it might take a bit more work on your part, but you'll love the payback later, when it sells quickly and puts extra money in your bank account.
The first consideration should be your family needs but it's cleaver to keep an open mind about what might suite future buyers as well.
The most important three factors are: location, location and location... :-)
Indeed, it's first thing to consider when looking for a home. So, what makes a good location?
There are some general elements which are obvious like:
- Does the neighborhood have easy and fast access to the
schools, shopping centers and country club.
- It's wise to pick a house that is located relatively elevated
above the area, that can provide two advantages: a flow of
good air and a nicer view.
- How many neighbors are adjacent to you and/or across you in
proximity, off course the less the better.
- A house located at the end of the street will suffer less
noises from the neighbors and their guests. If the street is
a dead end it's even better. A corner house may have more
light and air.
- The positioning of the house towards the north if it's a warm
area as opposed to the south in cold areas. In general,
a rule of thumb and this one is general and found right to
many locations around the world, as strange as it may sound,
the northern neighborhoods are usually more desirable than
the southern ones exactly as the western ones are more
prestigious than the eastern ones.
- The size of the lot, its shape and the square footage of the
house itself. If the majority of buyers in your area are
young families with children, consider a house with a large
yard that's not fronted by a busy street.
- There are many other environmental aspects to consider with
respect to personal preference like a green agricultural area
vs. urban area, quality of schools and other social services
and facilities.
In addition to these external considerations there are many important internal elements that can make a house quality higher and buyers are always looking for, such as:
- Closets, lots of closets and with as much additional storage
space as possible.
- Light and bright - Homes with lots of natural lighting are
very popular.
- Split bedroom plans, with bedrooms on each end of the home,
are increasingly popular with buyers.
- If you live in a scenic area, having a view can help you sell.
- Plenty of bedrooms, baths and Rest rooms.
- Large and convenient kitchen with as many cabinets and
cooking space as possible.
- The tendency to work from home calls for a suitable room to
be set as a home office.
- Laundry and dryer machines located at the same level as the
bad rooms.
- A spacious basement is a plus.
Features to avoid
- One bath homes sell for significantly less than homes with at
least two baths and they take longer to sell.
- Electric baseboard heat and electric ceiling heat are not as
desirable as central heating systems. A fireplace in the
living room is a plus.
- Tubs and showers in outdated colors, or scratched from years
of improper cleaning, might be hard to change without ripping
out doors or walls.
- Popcorn ceilings date a house, you know, those bumpy ceilings
that were so popular in the 1970's.
Your first objective is to buy a home that's right for you, but do consider its resale value before you make the final decision, especially if you know you'll move again within three to five years. A careful purchase now will help give you extra funds to move up with the next time you buy a home.
Home Inspections
Depending on the type of financing you choose, there should be either 2 or 3 separate inspections on the home you want to purchase.
The first should be your own basic inspection (see the bottom of this page for what to look for), the second should be a professional whole-house inspection by a reputable person. Should you select a government loan (FHA or VA), the third inspection should come at the time of the appraisal, which to some degree amounts to a "mini-inspection." Do not, however, rely on this appraisal as your only inspection of the property!
We cannot emphasize enough the value and necessity of an extensive home inspection. Many home purchasers, either in the desire to save the 0 to 0 that a good inspection costs, or due to simple ignorance, have spent enormous sums of money repairing items that any good home inspector would have pointed out.
Any offer to purchase you make should be contingent upon (subject to) a whole house inspection with a satisfactory report. Do not let anyone not the agent, not your family or friends, and especially not the seller--dissuade you from having the property thoroughly inspected!
Not only will you sleep much sounder after you have moved into the house, a professional inspection can give you an escape hatch from a contract on a defective house. If the contract is written contingent on an acceptable inspection, any defects in the home must be either repaired or monetarily compensated for.
If you are not satisfied, you have the option to cancel the contract.
Wednesday, November 23, 2011
Sledding in Hingham 1
Micah, Aaron and Adam sledding at South Shore Country Club
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Monday, November 21, 2011
Real Estate Investing Information For Chicago's South East Side Neighborhoods
Are you looking for wholesale deals in Chicago South Side? With so many neighborhoods and areas to choose from, I know it can get quite tricky. For any investor looking to purchase real estate in Chicago's south side, the first thing they should know is the various pockets of neighborhoods. The reason most investors look towards the South Side of Chicago is because there is a large portion of middle to low income neighborhoods with great houses. The south side for consists areas like high-end Hyde Park (where Obama lives), quintessential blue-collar areas like Chattam, Burnside, Chicago heights, and lower end neighborhoods like Englewood and West Pullman.
When looking at Chicago's South Side, the best way to point an investor is to break it up into 4 areas. Below are short descriptions that will give you an idea for what to look for and where to start.
South East - If you drive down from Lake Shore Drive past downtown, you begin to hit very historical areas of Chicago. As soon as you pass McCormick Place you are in Bronzeville. After Bronzeville, you will quickly be in Hyde Park. These two areas are historical and well kept condos and single family homes sell for 300K and up. You may find a multi unit for fewer than 100K, but that's very rare. Chicago University has is own campus and is lodged closely to the Hyde Park neighborhood, making it a very desirable area for young urban professionals. Unlike the North side, prices take a cliff dive in specific areas. If you go West of University of Chicaog, into Washington Park, you will find REO's in the low 40's. This area is was prime for change if Chicago won the Olympics, but we didn't. I would start looking farther South, past 55th, and into the 6800 South blocks.
If you keep going down Lake Shore Drive, you will hit South Shore and then South Chicago. South Shore is a beautiful area and you will find some of the cheapest lake side property in Chicago. There are pockets within South Shore, but the best real estate will be multi units. Last year saw some of the lowest prices for 3-4 unit buildings in South Shore. Although purchasing a property for 50-60K is ideal for investors, every building should undergo a full rehab. Section 8 loves these areas and properties will cash flow, ,200 for a 3 bedroom all day.
If you pass 85th, you're in South Chicago. The character of South Chicago is a lot different than South Shore; you have a lot more frame single family houses and a lot of board ups. This is not all that bad when you consider that you can get the same amount of rent for these properties. If you are looking for a buy, fix, and flip, I suggest you stick with brick single family homes for no more than 50-60K. But, if you find a brick multi-unit property, take advantage of it. I have seen prices for multi units a tad bit over single family homes, so don't think the prices are that much higher.
Basically, you want single family brick homes under 50K east of the Dan Ryan. If you are looking to buy multi-unit property in Chicago's South Side, just make sure you calculate your repairs high because the cheaper they are, the worse condition they may be in.
For more the latest real estate deals and wholesale property in Chicago's south side, go to http://www.ChicagoCashFlowProperties.com
Saturday, November 19, 2011
South bank Country Club Wedding video, Hingham ,roland video and photo services
www.rolandvideoandphoto.com South shore country club wedding; raffaels - created
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