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If you are looking for some down home country music this weekend in Champaign-Urbana then you are in luck!
 
Amazing fans with the unparalleled energy of his live shows and his honky-tonk country sound, Jared Ashley has been one of the top touring acts in the country for more than 6 years, playing over 150 shows a year since moving to Nashville 9 years ago. Jared Ashley has made his mark in this business with his hard work and dedication to his live shows and his cult like following fan base. Jared Ashley is here to stay, and we can see him here in Champaign, IL!  Make plans to see him March 23rd at 8:30 at The Stop located at 3515 N Cunningham Ave, Urbana, IL 61802

The Stop is very excited to have Jared in Champaign, IL as you can see from their Facebook page.

Thank you News Gazette for the event information!

 

 

Rose Price, CIPS, CRP
Prudential Landmark Real Estate
Champaignrose.com

 

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Your Credit Report

by Rose Price

Having your credit report is an important step in buying a Champaign, Illinois home.  You should know your credit report before your lender views it. You can get the information by calling and requesting it. Once you have the report in your hand, check the “high credit limit”, total loan,” and “past due” columns.  It is a very good idea to get copies from all of the reporting agencies. 

Credit reporting companies:

Experian (800) 682-7954 www.experian.com

Equifax (800) 685-1111 www.equifax.com

TransUnion (800) 888-4213 www.transunion.com

You can also get a copy of your credit history at the following online locations:

http://www.transunion.com

www.creditreports.com

What if I find a mistake in my credit history?

You can correct simple mistakes by writing to the reporting company, pointing out the error, and providing proof of the mistake. You can also request to have your own comments added to explain problems.

For example, if you made a payment late due to illness, explain that for the record. Lenders usually understand about legitimate problems.

What about my overall (or FICO) score?

What does it mean? Prior to the late 1990's, credit scoring had little to do with mortgage lending. When reviewing your credit worthiness, an underwriter would make a subjective decision based on past payment history. Then things changed.

Lenders studied the relationship between credit scores and mortgage delinquencies and found a definite relationship. Almost half of those borrowers with FICO scores below 550 became ninety days delinquent at least once during their mortgage. On the other hand, only two out of every 10,000 borrowers with FICO scores above eight hundred became delinquent.

When can I stretch the percentages?

In the  Champaign housing market, lenders sometimes will allow you to stretch their allowable debt ratios. One of the best ways to encourage your lender to do so is to increase your down payment.

 Underwriters sometimes also will stretch the ratios for other "compensating factors," including:

  • Strong cash reserves after close of escrow
  • New payment that’s only slightly higher than current rent or mortgage payment 
  • History of increasing earning capabilities 
  • History of an ability to save money 
  • Large cash down payment

 Contact me today to check out what's available in the Champaign Urbana area!

 

 

Rose Price, CIPS, CRP
Prudential Landmark Real Estate
Champaignrose.com

 

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Wildlife Refuge this Saturday in Champaign County!

by Rose Price

Saturday, March 17, join Champaign County Audubon Society members on a field trip to Emiquon Wildlife Refuge on the Illinois River. Meet at 8 a.m.at the Anita Purves Nature Center parking lot, 1505 N. Broadway, Urbana.  Emiquon is popular with migrating waterfowl.

The first day of Spring is right around the corner and with the beautiful weather lately it's the perfect time to enjoy the nature and beauty of Champaign County!

Visit the Champaign County Audubon's website by clicking here to register and for more information about this event. Thank you to the News Gazette for the information!

 

 

Rose Price, CIPS, CRP
Prudential Landmark Real Estate
Champaignrose.com

 


 

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Four Short Sale Myths

by Rose Price

The nations economy has been faced when financial challenges, and Champaign, IL has been affected as well. This has unfortunately has made foreclosures and short sales common place in today's real estate market. Even though it's very common to see short sales and foreclosures on the Champaign, IL market, much of the information regarding these types of homes is outdated or simply untrue!

Here are some of the top misconceptions of short sales:

Short sales can take up to a year to close. This is simply not true. It can take 7-10 days for the lender to acknowledge receipt of the complete short sale package, which consists of personal seller documents and related real estate items, including the buyer's short sale offer. Once a negotiator is assigned it can take an additional 30 to 45 days for a BPO or appraisal. After this has been completed usually another 2 to 3 weeks for management / investor review and short sale approval.

If you purchase a short sale, you will end up paying too much.  Some listing agents may set a short sale below market value, this is a tactic used to attract multiple offers. Remember that a listed price on a short sale is fabricated, because you won't know how much a bank will accept until the offer is submitted. However, most banks will consider a price at a minimum of 90% of market value.

Lenders of a short sale won’t accept a discounted payoff. Many sellers are often surprised to learn that in markets where prices have fallen over a 5-year-period, a home might be worth 50% or less of its original value when the seller bought it. Lenders know about these declining markets and will do their own research about value and typically come to the same conclusion. The value of the home is not based on the amount of the mortgage; it's based on recent comparable sales.

Short Sale Sellers Must Be in Default Before the Bank Will Approve a Short Sale. The lender will approve a short sale based on the seller's hardship and the value of the home. Many sellers may struggle to make the monthly mortgage payment, but have not fallen behind in their payments. It is true that sellers in default receive immediate attention, but a seller can also pay a mortgage payment on time each and every month and still qualify for a short sale.

Do you have questions about a short sale? Contact your premier Champaign IL real estate professional today to see if this type of purchase is a good fit for you and your family!

 

Rose Price, CIPS, CRP
Prudential Landmark Real Estate
Champaignrose.com


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Come join the Community Center for the Arts in Urbana, IL at their Annual Faculty Showcase Concert and Silent Auction. Check out the website for all the details.

Live Music, great food, and a Silent Auction! All under one roof in Champaign, IL!

Make plans this Sunday, March 11th, 2012 from 4pm until-6:30 pm at the Unitarian Universalist Church, 309 W Green St., Urbana 

Single: $15 general/$10 C4A members, students and seniors ,family: $45

For information or to reserve tickets:info@c-4a.org

Why I Work by Referral in Champaign, IL

by Rose Price

Relationships Are More Important Than Transactions.

If you are shopping for a home in Champaign, IL, you may have noticed that many real estate agents take a transactional approach to sales-identifying clients, closing the deal, and then moving on to the next one. I choose not to work that way because I believe you deserve more from the professional you decide to work with. That is why I work by referral and have testimonials from happy clients here in Champaign, IL.

Since my primary source of new business is referrals from people who know and trust
me, I don’t have to spend precious time prospecting and promoting myself. I can dedicate
myself fully to the activities that benefit you most, and always deliver truly exceptional
service.

You Control My Business

I know that I must earn your future referrals, so I aim to exceed your expectations. I
have vested interest in making sure that you are completely satisfied at the end of our
transaction together. I want you to be so “fired-up” that you can’t wait to tell your friends
and family about me and the fantastic service you received.

When you come across an opportunity, I appreciate you referring me to great people like
yourself, who would benefit from the excellent service and personal attention I provide.

Service After the Sale

I devote myself to serving the needs of my clients before, during and after each sale.
Instead of disappearing after the closing, you can expect me to keep in touch. I will be
sending valuable information to you each month, and will also be calling from time to
time just to check in and see if you need anything.

I hope you will turn to me for help with any of your real-estate-related needs because it is
such a privilege to work exclusively with people like you who I admire and respect, and
who value the service I provide.

Working by referral is all about trust. And let’s face it, when we are seeking any
service we are looking for someone we can trust-someone proven who comes highly
recommended and is already on our side.

Are you ready to find your dream home in Champaign, IL? Contact me today - I would be happy to help!

 

Rose Price, CIPS, CRP
Prudential Landmark Real Estate
Champaignrose.com


    Search for Homes in the Champaign Area 

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Bon Appetit!

by Rose Price

Hungry and looking for some fun? Make plans to attend Bon Appetit! This Saturday, March 3, 2012 - 7:30 pm at City View at Illinois Terminal, Champaign. This is a fun and special fundraising concert with food and wine tasting with Dawn Harris as the “French Chef.” Also the opening act will be Songs About Food with local theater singers Lee Hoiby.

The top floor of the Illinois Terminal in downtown Champaign  will provide a dramatic nighttime setting for this intimate fundraising event. The highlight of the evening will be Hoiby’s 18-minute one-woman opera with small chamber ensemble, the text of which comes from a recipe for chocolate cake by Julia Child. The evening will conclude with the cake itself served up to those in the audience. Sounds delicious, hope to see you there at this local event for a good cause! Call 355-9077 to reserve tickets.

 

   

Rose Price, CIPS, CRP
Prudential Landmark Real Estate
Champaignrose.com


    Search for Homes in the Champaign Area 

    Featured Champaign Properties 

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Annual Two-Day Community Center for the Arts Giant Garage Sale

by Rose Price

Are you wanting to do some shopping this weekend with friends? Make plans to shop in Champaign for a good cause!

It’s time for the Annual Two-Day Community Center for the Arts giant Garage Sale, featuring a wealth of cool gently-used stuff!

FIRST DAY:  The pre-sale is Friday, February 24, 7-9p.m. (There is a $5.00 admission for non-C4A members.)

 SECOND DAY:  The second sale is on Saturday, February 25, from 8 a.m. – 1p.m, and admission is FREE.

The sale will take place at Good Shepherd Lutheran Church,  2101 S. Prospect Ave, Champaign, IL.

Getting a head start on your spring cleaning and want to get rid of some unwanted items? They are looking for items to sell.  All donations are tax-deductible (and you get the satisfaction of supporting this wonderful effort to share the arts in our community!)

Furniture, household goods, books, CDs, DVDs, toys, clothing, and baby equipment (no baby furniture, electronics or VHS tapes please!)

To donate, call 384-5051 or email susan@c-4a.org.

Rose Price, CIPS, CRP
Prudential Landmark Real Estate
ChampaignRose.com

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Time Saving Tips for an Upcoming Move

by Rose Price

Buying a new home is exciting! There is so much to look forward to with your new space, you have probably mentally even started decorating! But, to get to the new place you have to pack up your current home first. If you have ever moved before, you know that it can be time consuming, overwhelming and frustrating. Even a good moving plan can hit a snag. Being flexible is key when you are planning a move.

Here are some tips that will help you get organized and make moving day a lot easier in Champaign!

1. Change your address and notify companies before you move. Start by filling out a change of address form in advance of your move. Doing this ahead of time can help you to avoid hassles like past-due bills, service lapses and even identity theft. It is also a good idea before you move to set dates to discontinue your utilities at your old address as well as arrange for these services to be turned on at your new address. .

2. Create a moving schedule.
It is a good idea to set up a moving schedule a few months before you move. Set it up as a week-by-week checklist to manage the process and help to stay on track. A moving schedule helps you to keep track of the little details or things that may be over looked, thus helping you to avoid last minute headaches. 

3. Establish a packing system.
Packing is a major time consumer so think about coming up with a packing system so all of your boxes end up in the right rooms when they get to your new home. Many professional movers recommend that you use the color code system where you color code each box with a particular room to avoid any confusion with the movers. It is also helpful to give your movers a floor plan of your home with each room labeled.

4. Get rid of unnecessary items.
The less boxes you pack the less you have to move and finally unpack. So it makes sense to thoroughly go thru your items and get rid of the things you just don't need. Items such as unread books, half-empty cleaning products, clothes that you know you wont wear again should be given away or sold at a garage !sale. You don't want to bring the clutter to your new home!

 Are you ready to find and move into your dream home? Contact me today to see how I can help!

 

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“Fragments: Recent Paintings by Kenneth Hall”

by Rose Price

If you love art and are looking for something to do this weekend then take a look at local Champaign art during this exhibit.

Recognizable figures from famous paintings in art history take on new meaning in artist’s Kenneth Hall’s paintings, to be featured in a Parkland Art Gallery exhibit opening Monday, February 13.

“Fragments: Recent Paintings by Kenneth Hall” will run in the gallery through Tuesday, March 27. An artist reception takes place from 6-8 p.m. on Thursday, February 16, with gallery talk by Hall at 7 p.m. and music by the Urbana High School Jazz Band. Hall will provide an additional lecture in the gallery earlier on February 16, at 1:15 p.m.

Support local Champaign artists by checking out this lecture and exhibit!

 

 

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Displaying blog entries 51-60 of 83

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Photo of Rose Price Real Estate
Rose Price
Landmark Real Estate
One East Main Street, Suite 200
Champaign IL 61820
217-202-8843
217-352-1933
Fax: 217-378-1281