Tags: sell a home

Home sales in Chicago area start to show more signs of life.

Optimism grows as sales increase slightly, median price up from previous month. By Mary Ellen Podmolik | Tribune reporter In the past few weeks, agents say an undeniable scent of sales is in the air, and data released Thursday gave credibility to their talk. March sales of previously owned single-family homes and condominiums in Illinois… READ MORE

How long do bankruptcies and foreclosures stay on a credit report?

Bankruptcies and foreclosures can remain on a credit report for seven to 10 years. Some lenders will consider a borrower earlier if they have reestablished good credit. The circumstances surrounding the bankruptcy can also influence a lender’s decision. For example, if you went through a bankruptcy because your employer had financial difficulties, a lender may… READ MORE

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