Britta Rivera Venture

CHICAGO REAL ESTATE NEWS & MORE

HOW TO AVOID REAL ESTATE DEAL KILLERS

A great article was publised on Trulia this week called TOP 3 DEAL KILLERS  covering issues being seen during a real estate transaction.  It outlines many of the main issues buyers and agents are now dealing with on a daily basis.  If you are interested in buying anytime soon, this is a MUST READ.  

Often move-up are shocked to find these new obstacles when deciding to buy another home.  If you know what to look for when beginning your search, it will save you a lot of time and aggravation. 

As a real estate agent, these are some of the challenges faced in my dealings as well so I fully agree with their findings.  The best way to avoid real estate “deal killers” is to know in advance the possible issues hit them head on and use a professional real estate agent to assist with your purchase.

Searching for a great deal on a Chicago home?  Start viewing incredible homes or register here for your FREE list of available residences.

September 23, 2011 Posted by | REAL ESTATE NEWS | , , , , , , , | Leave a comment

BRITTA RIVERA VENTURE GROUP ALIGNS WITH KOENIG & STREY REAL LIVING; CHICAGO TEAM OF REAL ESTATE PROFESSIONALS

BRITTA RIVERA VENTURE GROUP has launched; assembling a team of experienced agents aligned with the premier real estate firm, Koenig & Strey Real LivingBRV offers clients and developers superior service by a group of real estate professionals, dedicated to the real estate industry.  BRV team members have many years of experience in new construction sales & marketing, as well as renting, listing and selling resales in the Chicagoland area.

The unique aspect of this new venture is the level of experience and professionalism the team offers.  The list of team members include, team leader, Britta Rivera who has been involved in real estate sales and leasing since 1993.  During her many years in the real estate industry, she has held the position of General Manager and Vice President of Sales for multiple local, National and international brokerage firms.  Rounding off the team is, Catherine Hughey, Lona Reiling, and David Silverman.

BRV assists buyers, sellers and  renters with their housing needs.  They specialize in the sales & marketing new construction developments, condo conversions, resale listings, and buyer/renter representation.  BRV team members have also been involved in launching dozens of successful multi-million dollar developments in Chicago and the surrounding suburbs.  BRV also works with a short sale negotiation team to streamline the process, for clients involved in a short sale transaction.

Let this professional team of agents provide the extraordinary service you deserve.  Please contact team members at 312.475.1400.  Visit our website for a list of available homes in Chicago and contact information.

Ask about our City of Chicago Employee Incentive Program!

RENT, BUY, SELL…WE CAN HELP!

Looking to grow your business?  Experienced Real Estate agents with extraordinary service standards, team spirit and Illinois RE license, please contact brivera@koenigstrey.com or call 312.475.4548.  

BRV is growing our team and have only two more openings available.  Limited opportunity.

July 16, 2011 Posted by | CHICAGO REAL ESTATE, REAL ESTATE NEWS | , , , , , , , , , , , , , , , , , , , , , , , | 32 Comments

2011 GROUPON REAL ESTATE DEALS; AGENTS RECEIVE THE COLD SHOULDER

Groupon has surged as a leader in website discount platforms.  It even attracted a large Chicago-based real estate firm, who reportedly received 200 new buyers with its $1000 Groupon rebate.  But as other real estate agents and brokers decided to follow suit, they say Groupon was not too eager to work with them.

It has been reported that Groupon allegedly canceled plans by a Manhattan-based brokerage firm, to also offer specials back in May.  Groupon said very little about the accusations that they are shying away from future real estate group buys, except that the company would like to ensure specials benefit consumers and the companies making the offer.

Well, it is still not clear why both parties would not find an incentive for buying and selling a home beneficial, so it will interesting to hear the real issue.  I guess we will need to stay tuned.

Searching for a great deal on a Chicago home? Start viewing incredible homes or register
here
for your FREE list of available residences. 

July 5, 2011 Posted by | REAL ESTATE NEWS | , , , , , , , , , , | 1 Comment

(Video) SHORT SALE VS. FORECLOSURE? DO YOU QUALIFY?

A short sale is a sale of real estate in which the proceeds fall short of the balance owed on the property’s loan.  In simple terms, your home value is no longer above what you paid for it, so banks may allow you to sell it for the current market value.  Seller’s are first encouraged to try for a loan modification, but if that fails, a short sale is definitely a better option than a foreclosure.

Many have heard that short sales are complicated and take months to close.  Well, in some cases this may be true, but the process can be simplified when using an experienced short sale real estate agent and a short sale negotiator.  A negotiator has relationships with many top banks, which allows them to know exactly how to present the offer.  They also have the time required to stay on top of your file, to streamline the process.

Who truly qualifies for a short sale may surprise you.  It is not just the homeowner’s who have fallen behind on their mortgage payments.  In most cases it is anyone showing the financial inability to catch up on their payments or who may fall behind in the near future.  The banks will require a “hardship letter” which explains why a homeowner may qualify.  It could be due to illness, divorce, job loss, relocation, excessive debt or other similar situations.

Bottomline, if you cannot sell your home for what you currently owe on the loan and are suffering from a hardship, it would be wise to seek help.  Chances are, you may qualify for a short sale.  It is better to find out now, then to wait for the foreclosure to occur.

Chicago Real Estate: If you are interested in a FREE private short sale consultation with a Chicago negotiator, and realtor Register Here or contact Britta Rivera Venture at 312.475.4548.  Visit my website to learn more about us.

WATCH VIDEO TIPS ON BUYING AND SELLING A SHORT SALE.

May 29, 2011 Posted by | CHICAGO REAL ESTATE | , , , , , , , , , | 10 Comments

NAR INCREASES DUES BY $40 ANNUALLY; MAY BE NEEDED BUT AT A TOUGH TIME

During a time when agents are struggling to survive, an increase of any kind is painful.  But despite polls showing members clearly opposed a rate hike, and local associations warnings of a decline, The National Association of Realtors board of directors approved a $40-per-year dues increase.

The increase was implemented to allow NAR to boost political activities. The  NAR began talks of raising the national association’s dues by 50 percent, from $80 to $120 earlier in the year.  NAR President Ron Phillips released at statement regarding the increase.  He went on to say, “The increase will allow NAR to provide millions of  dollars in additional support to state and local boards, which are facing a cadre of policy proposals that would restrict private property  rights and drain homeowners’ pocketbooks.”

While they continue to fight for the rights of real estate agents around the nation, it just could not have come at a worse time.  Unfortunately, $40 dollars is $40 dollars.

May 26, 2011 Posted by | REAL ESTATE NEWS | , , , , , , | 1 Comment

CHICAGO SHORT SALES TRENDING UP

Short sales are rapidly surpassing traditional sales in the Chicagoland area.  Just a few years ago many agents and seller’s were clueless as to what a short sale really was, and how to complete the transaction. But in today’s market real estate agents and the general public is more savvy about how they work.

A short sale is a sale of real estate in which the proceeds fall short of the balance owed on the property’s loan.  In simple terms, your home value is no longer above what you paid for it, so banks may allow you to sell it for the current market value.  Seller’s are first encouraged to try for a loan modification, but if that fails, a short sale is definitely a better option than a foreclosure.

Many have heard that short sales are complicated and take months to close.  Well, in some cases this may be true, but the process can be simplified when using an experienced short sale real estate agent and a short sale negotiator.  Their relationship with the banks allow them to know exactly how to present the offer.  They also have the time required to stay on your file to streamline the process.

Who truly qualifies for a short sale may surprise you.  It is not just the homeowner’s who have fallen behind on their mortgage payments.  In most cases it is anyone showing the financial inability to catch up on their payments or who may fall behind in the near future.  The banks will require a “hardship letter” which explains why a homeowner may qualify.  It could be due to illness, divorce, job loss, relocation, excessive debt or other similar situations.

Bottomline, if you cannot sell your home for what you currently owe on the loan and are suffering from a hardship, it would be wise to seek help.  Chances are, you may qualify for a short sale. It is better to find out now, then to wait for the foreclosure to occur.

Chicago Real Estate: If you are interested in a free private short sale consultation or market analysis, visit my website and email me at brittarivera@comcast.net.

May 18, 2011 Posted by | CHICAGO REAL ESTATE | , , , , , , , , | Leave a comment

   

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