Friday, July 8, 2016

How You Can Afford One of My Chicagoland Condos


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Today I’ve brought in David Bowen with imortage to discuss how to buy one of my listings. Today we’re sitting in one of my downtown listings, a beautiful building in The Regatta just under 1,000 square feet with everything upgraded - marble baths, granite countertops, 42-inch cherry wood cabinets, hardwood floors, assessments under $570, and an unobstructed view of the Chicago area.

So, how can you buy this property? The condo is reasonably priced, but if you want to know the amount, just give me a call. According to Dave, in a building such as this, you’re typically looking at 5% to 10% down. The building is also Fannie Mae-insured, which basically means you can get a Fannie Mae insurable loan. This opens up the realm to a lot of different buyers.



This condo is Fannie Mae-insured.



If you need to know anything else regarding financing, just give Dave a call at 708-705-7911. If you have any questions regarding this condo or know someone who wants to buy it, call me at 312-497-1651.

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