The Curse of the Cancelled Deal

Having a deal fall apart is kind of like the real estate version of the Scarlet letter. It’s a black mark that is most often perceived by other potential buyers {and agents} as a warning sign of something being wrong with the building or space that came up during the inspection. Back. Away. Slowly. But does a cancelled deal always mean that something is wrong with the building? In today’s market low inventory and high demand, it’s not always fair {or accurate} to assume that a cancelled deal means a big red flag. Yes, it very well might, but there…

How to be Successful as a Buyer

More contracts were written on properties this January than in the past nine Januaries. We’re still a few months away from spring, {or maybe not since it was 70 degrees in Chicago this weekend!} and it’s already very busy… I don’t know for sure, but right now it feels like there are even fewer places on the market than last year, or maybe there are just more early year buyers… either way, it means it’s even more competitive for buyers. That’s great for property values which continue to climb, but it can be really discouraging for people who want to buy a property and…