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Welcome! Here You Can Find Great Information on Real Estate in all of the Chicago Metropolitan Illinois Real Estate area 

Looking for homes? Search everything the web has to offer, right here! We have a staff of Licensed Professional Real Estate Agents ready to assist you! Reach out to us and we will assign one of our professionals to help you sell and/or buy your next home.  

We have summarized much of what is important about the Chicago Suburban Metropolitan real estate market in this site. 

Need expert advice? No web site, large or small, can take the place of a top real estate agent. Not even ours! This site is filled with ways that you can contact us for one-on-one expert help and advice. That's our job. 

Contact us with confidence! We guarantee your privacy will be respected. And we offer the services on this site for free and without obligation. Why? We want to be YOUR real estate agent. As your trusted, professional real estate partner, we will help you find the best home in your area within your price range. And we will sell your home, for as much possible, and as quickly as possible. 

Buying and selling a home is one of the biggest events in your life. As top Chicago area real estate agents, we have the experience and track record to help make your buying or selling experience successful and pleasant. Please let us help. 

Dean Christofilos, Managing Broker
The Chris Kare Home Team 

 

 



Real Estate Tips
About Appraisals >Three Caballeros

When you buy a house or refinance your present home, your lender will ask you to pay for an appraisal to help ensure that the sales price and mortgage amount is consistent with the property's market value. The appraiser will look for "three caballeros" or three "comparables" -- homes that are very similar to the one you are buying -- and will make adjustments to reflect the differences between the properties.

Housing patterns tend to be homogenous, meaning that homes worth $300,000 are usually located in $300,000 neighborhoods. It is important for properties to be within the general pricing patterns of their neighborhoods because over-valued homes, even if they are exceptional, are sometimes difficult to sell at full market price.

This is not the only factor considered in determining the worth of a property, but it is an important one. The buyer or seller may view the property as a home or an investment, but lenders view it in a completely different way. To a lender, property means security in the event a borrower fails to repay a mortgage. Therefore, lenders must know real estate values in order to limit their risks.

See All Tips In The "About Appraisals" Category >
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Real Estate Trivia
Q 
Where is the world's tallest apartment block?

A 
The 100-story John Hancock Center in Chicago, Illinois is 1,127 feet high; floors 44 through 92 are residential.
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The Chris Kare Home Team, REALTOR®, real estate agent and broker for Orland Park, Frankfort and Tinley ParkIllinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Chris Kare Home Team
Dean Christofilos, Managing Broker Owner

Volo and Tinley Park Offices
Phone: 815-385-1500
Fax: 708-633-9341
Email: Dean@ChrisKareRealty.com

We are Real Estate Buying and Selling Experts. All our services are geared to help you, our valued client have a successful and pleasant experience.

Equal Housing MLS REALTOR


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