Lake County Notes

Commit To Splitt

Eastlake Farms & South Creek Market Watch

Elizabeth Splitt’s

 

 

“Eastlake Farms & South Creek Market Watch”

 

 

“Here’s Helpful Information To Help You

Understand The Value Of Your Biggest Investment.

         

 

Homes Currently For Sale…

Address

Bdrms

Baths.

Style

Bsmt

Asking Price

408 Yorkshire Ct 4 2.1   Finished 260,000
435 Wicks St 4 2.1   Finished 299,000

 

Properties Under Contract…

Status Address  Bdrms Bath Model Bsmt Asking Price
CTG 513 Trestle 4 2.1   Finished 189,000

 

Recently Sold Properties…

Address  Model Asking Price Sale Price Closed Date
498 Yorkshire   270,000 255,000 11/19/2010

 

The above Market Analysis includes the following subdivision:  Eastlake Farms & South Creek

Provided as a consumer service by Elizabeth Splitt, Team Splitt    

Search the all the homes on the market today at esplitt.com

 

February 3, 2011 Posted by | Area Market Watches, Buying a Home, Eastlake & South Creek, Real Estate For Sale, Selling a home, The Splitt Times Newsletter | , , , , | Leave a comment

Eastlake Farms & South Creek, Grayslake IL 60030

Elizabeth Splitt’s
 
 
“Eastlake Farms & South Creek Market Watch”
 
 
“Here’s Helpful Information To Help You
Understand The Value Of Your Biggest Investment.
         
 
Homes Currently For Sale…
Address
Bdrms
Baths.
Style
Bsmt
Asking Price
408 Yorkshire Ct
4
2.1
 
Finished
275,000
433 Sommerset
4
2.1
 
Partially Finished
330,000
 
Properties Under Contract…
Status
Address
 Bdrms
Bath
Model
Bsmt
Asking Price
CTG
513 Trestle
4
2.1
 
Finished
189,000
CTG
498 Yorkshire
4
2.1
 
Finished
270,000
 
Recently Sold Properties…
Address
 Model
Asking Price
Sale Price
Closed Date
454 Iron Horse
 
159,900
169,901
10/04/2010
 
The above Market Analysis includes the following subdivision: Eastlake Farms & South Creek
Provided as a consumer service by Elizabeth Splitt, Team Splitt    
Search the all the homes on the market today at esplitt.com
 

November 21, 2010 Posted by | Area Market Watches, Eastlake & South Creek | , , , , , , , , , , , , , , , , , , | Leave a comment

Eastlake Farms and South Creek Market Watch

To view the current homes available in Eastlake Farms, Grayslake, please visit our web page Eastlake Farms.
To view the current homes avialbe in South Creek, Grayslake, please visit our web page South Creek

Ake Elizabeth Splitt’s

 

“Eastlake Farms & South Creek MarketWatch”

 

 

“Here’s Helpful Information To Help You

Understand The Value Of Your Biggest Investment.

         

 

Homes Currently For Sale…

Address

Bdrms

Baths.

Style

Bsmt

Asking Price

454 Iron Horse 4 2.1   Partial 216,000
513 Trestle 4 2.1   Finished 249,000

 

Properties Under Contract…

Status Address  Bdrms Bath Model Bsmt Asking Price
CTG 499 Wicks St 4 3 Custom Finished English 235,000

 

Recently Sold Properties…

Address  Model Asking Price Sale Price Closed Date
568 Trestle Ct Custom 283,000 265,000 5/27/2010
301 S Sommerset Dr Vintage 210,000 153,000 6/29/2010
428 Signal Ln   289,000 267,500 6/2/2010

 

The above Market Analysis includes the following subdivision:  Eastlake Farms & South Creek

Provided as a consumer service by Elizabeth Splitt, Team Splitt    

Search the all the homes on the market today at esplitt.com

 

July 8, 2010 Posted by | Area Market Watches, Eastlake & South Creek, Real Estate For Sale | , , , , , , , , , , , , | Leave a comment

Eastlake Farms & South Creek Market Watch May

Elizabeth Splitt’s

 

“Eastlake Farms & South Creek MarketWatch”

 

 

“Here’s Helpful Information To Help You

Understand The Value Of Your Biggest Investment.

         

 

Homes Currently For Sale…

Address

Bdrms

Baths.

Style

Bsmt

Asking Price

513 Trestle Ct 4 2.1   Finished 249,000

 

Properties Under Contract…

Status Address  Bdrms Bath Model Bsmt Asking Price
CTG 301 S Sommerset Dr 4 2 Vintage Unfinished 210,000
CTG 428 Signal Ln 4 2.1   Full 289,000

 

Recently Sold Properties…

Address  Model Asking Price Sale Price Closed Date
568 Trestle Ct Custom 283,000 265,000 5/27/2010

 

The above Market Analysis includes the following subdivision:  Eastlake Farms & South Creek

Provided as a consumer service by Elizabeth Splitt, Team Splitt    

Search the all the homes on the market today at esplitt.com

 

May 31, 2010 Posted by | Area Market Watches, Eastlake & South Creek, Real Estate For Sale | , , , , , , , , , , , , , , , | Leave a comment

Grayslake Illinois-Do you have to do a short sale?

Are you a seller in trouble? Are you behind in mortgage payments? Here are some of the answers you have been looking for.

A short sale is when the home’s current value is less than the mortgage and the closing costs that a seller will incur when selling a house. The seller does not have the funds available to make up the difference. A short sale is different from a foreclosure where the bank takes the necessary steps to take the property from the owner through legal action.

Consider contacting your lender to arrange a loan modification. Your lender may have programs available to help you. You may be able to lower your interest rate for a period of time or the length of your loan. Another option may be to refinance the loan.

If you are not able to do a loan modification or this is not enough to help and you need to sell your home, look for help with an experience Realtor. When you interview agents make sure to ask if they have experience with short sales. Have they taken any classes to learn about the process to help you get through it? There are currently a few designations available to Realtors to learn about what the process is and how to best help a client. You will also need the help of an attorney that has handled short sales before.

You will need to show some sign of distress to the bank. Distress could be loss of a job, divorce, or in some way your income is not great enough to make the payments on the loan.  Gather your information before an offer comes in. You will need to have a distress letter written to the bank explaining your situation, your past two years of your federal taxes that have been filed, along with proof of your assests and income. These will be delivered to the bank once your have an accepted contract with a buyer.

Buyers will need to be prepared to wait for the bank approval. This typically can take anywhere from 2 months to 9 months depending on the lender. Your realtor and attorney will help you along the way. The bank will review the papers and order an appraisal to verify the price of the home compared to the purchase agreement.

The lender has approved the contract and typically will responsd with a time frame to close within. This is usually within 30 days. While going through this process you usually can stay in the home. Make sure your attorney reviews the banks response so you know how the short sale will effect you. They do effect your credit, although less than a foreclosure will. You may also have to pay taxes on the mortgage forgiveness.  Having experience people help is key.

If you have more questions, we can help. We have experience with short sales, foreclosures, and are also CDPE (Certified Distresses Property Expert) certified.

Visit us at Team Splitt and give us a call to learn more.

May 5, 2010 Posted by | Chesapeake Farms, Countryside Manor, Eastlake & South Creek, English Meadows & The Links, Haryan Farms, Heatherwood, Hunters Ridge, Lake County News, Normandy Woods, Oakwood, Real Estate For Sale, Real Estate News, Southridge, Tanguray Meadows | Leave a comment

Eastlake Farms & South Creek Marketwatch April 2010

Elizabeth Splitt’s

 

“Eastlake Farms & South Creek MarketWatch”

 

 

“Here’s Helpful Information To Help You

Understand The Value Of Your Biggest Investment.

         

 

Homes Currently For Sale…

Address

Bdrms

Baths.

Style

Bsmt

Asking Price

301 S Sommerset Dr 4 2 Vintage Unfinished 210,000
428 Signal Ln 4 2.1   Full 289,000

 

Properties Under Contract…

Status Address  Bdrms Bath Model Bsmt Asking Price
CTG 568 Trestle Ct 4 3.1 Custom Finished 283,000

 

The above Market Analysis includes the following subdivision:  Eastlake Farms & South Creek

Provided as a consumer service by Elizabeth Splitt, Team Splitt    

Search the all the homes on the market today at esplitt.com

 

April 28, 2010 Posted by | Area Market Watches, Eastlake & South Creek, Real Estate For Sale | Leave a comment

Eastlake Farms and South Creek 02/2009

Elizabeth Splitt’s

 

 

“Eastlake Farms & South Creek MarketWatch”

 

 

“Here’s Helpful Information To Help You

Understand The Value Of Your Biggest Investment.

         

 

Homes Currently For Sale…

Address

Bdrms

Baths.

Style

Bsmt

Asking Price

335 Sommerset Dr 4 2.1 Newcastle Unfinished 290,000
490 Wicks St 3 3.1   Finished 349,900

 

Properties Under Contract…

Status

Address

Bdrms

Baths.

Style

Bsmt

Asking Price

A/I 473 Wicks St 4 3.1 Custom Unfinished 285,900

 

The above Market Analysis includes the following subdivision:  Eastlake Farms & South Creek

Provided as a consumer service by Elizabeth Splitt, Team Splitt    

Search the all the homes on the market today at esplitt.com

 

March 13, 2009 Posted by | Eastlake & South Creek | Leave a comment

Eastlake Farms and South Creek 01/2008

Elizabeth Splitt’s

 

 

“Eastlake Farms & South Creek MarketWatch”

 

 

“Here’s Helpful Information To Help You

Understand The Value Of Your Biggest Investment.

         

 

Homes Currently For Sale…

Address

Bdrms

Baths.

Style

Bsmt

Asking Price

454 Iron Horse 4 2.1 2 Story Unfinished 310,900
580 Trestle Court 4 3.1 2 Story Unfinished 375,000

 

Properties Under Contract

Status
Address
Bdrms
Baths Style Bsmt Asking Price
A/I 437 Yorkshire 4 2.1 Churchill Finished 309,900

 

Recently Sold Properties   

Address  Model Asking Price Sale Price Closed Date
484 Iron Horse  2 Story 309,900 295,000 01/04/2008

 

The above Market Analysis includes the following subdivision:  Eastlake Farms & South Creek

Provided by Elizabeth Splitt and Team Splitt

Search the all the homes on the market today at esplitt.com

 

January 19, 2009 Posted by | Eastlake & South Creek | Leave a comment

Eastlake Farms and South Creek 12/2007

Elizabeth Splitt’s

 

 

“Eastlake Farms & South Creek MarketWatch”

 

 

“Here’s Helpful Information To Help You

Understand The Value Of Your Biggest Investment.

         

 

Homes Currently For Sale…

Address

Bdrms

Baths.

Style

Bsmt

Asking Price

427 Yorkshire 4 2.1 Churchill Finished 309,900
454 Iron Horse 4 2.1 2 Story Unfinished 312,900
580 Trestle Court 4 3.1 2 Story Unfinished 375,000

 

Properties Under Contract

Status
Address
Bdrms
Baths Style Bsmt Asking Price
A/I 484 Iron Horse 4 2.1 2 Story Unfinished 309,900

 

The above Market Analysis includes the following subdivision:  Eastlake Farms & South Creek

Provided as a consumer service by Elizabeth Splitt, Coldwell Banker    

Search the all the homes on the market today at esplitt.com

 

January 19, 2009 Posted by | Eastlake & South Creek | Leave a comment

Eastlake Farms and South Creek 11/2007

Elizabeth Splitt’s

 

 

“Eastlake Farms & South Creek MarketWatch”

 

 

“Here’s Helpful Information To Help You

Understand The Value Of Your Biggest Investment.

         

 

Homes Currently For Sale…

Address

Bdrms

Baths.

Style

Bsmt

Asking Price

301 Sommerset 4 2 Vintage Unfinished 269,900
484 Iron Horse 4 2.1 2 Story Unfinished 309,900
454 Iron Horse 4 2.1 2 Story Unfinished 312,900
580 Trestle Court 4 3.1 2 Story Unfinished 375,000

 

 

Recently Sold Properties  

Address  Model Asking Price Sale Price Closed Date
479 Yorkshire   324,900 315,000 08/24/07

 

The above Market Analysis includes the following subdivision:  Eastlake Farms & South Creek

Provided as a consumer service by Elizabeth Splitt, Coldwell Banker    

Search the all the homes on the market today at esplitt.com

 

January 19, 2009 Posted by | Eastlake & South Creek | Leave a comment

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