Monthly Archives: June 2013

Woodstock Institute report identifies recommendations for vacant building data collection in Chicago region

WASHINGTON, D.C. - June 25, 2013 - (RealEstateRama) -- Enhanced data collection by municipalities in the Chicago six county region will help the region address the problem of vacant buildings, a new report by Woodstock Institute found. The report, Deciphering Blight: Vacant Buildings Data Collection in the Chicago Six County Region, recommends several steps municipalities can take to improve and standardize data collection.

FEMA Mitigation Outreach June 25 through June 30

AURORA, IL - June 25, 2013 - (RealEstateRama) -- Individuals who sustained damages during the recent severe weather can gain valuable information about repairing and rebuilding their damaged property in a stronger, safer and smarter way by visiting one of the FEMA mitigation teams located at home improvement centers throughout the area.

Has a FEMA Housing Inspector Assessed Damage to Your Dwelling?

AURORA, IL - June 25, 2013 - (RealEstateRama) -- A FEMA-contracted housing inspector must visit your damaged dwelling before a determination can be made that you are eligible for an Individual Assistance grant to help repair damage caused by the storms of April 16 to May 5.

Quigley: T-HUD Appropriations Bill Drastically Cuts Critical Infrastructure and Housing Programs

WASHINGTON, D.C. - June 21, 2013 - (RealEstateRama) -- Today, U.S. Representative Mike Quigley (IL-05) released the following statement in response to yesterday’s T-HUD Appropriations subcommittee markup of the FY 2014 Transportation, Housing and Urban Development Appropriations bill

Governor Quinn Signs Legislation to Help Illinois Families Stay in Their Homes

CHICAGO, IL - June 21, 2013 - (RealEstateRama) -- Governor Pat Quinn today signed a bill into law that will ensure struggling homeowners in Illinois have a grace period of up to 90 days before foreclosure - giving families extra time to get back on track and stay in their homes. The bill extends an existing law the governor first signed in 2009 and is part of his commitment to keeping Illinois families in their homes and driving our economy forward

No Coverage for Damaged Wells and Septic Systems? Try FEMA or SBA

AURORA, IL - June 21, 2013 - (RealEstateRama) -- Homeowners may be eligible for disaster assistance for repairs to private wells and septic systems damaged or contaminated by the spring storms between April 16 and May 5.

May home sales up 24.4 percent from a year ago; Statewide median price at...

SPRINGFIELD, IL - June 20, 2013 - (RealEstateRama) - Illinois home sales increased 24.4 percent over previous-year levels in May and median prices increased 6.9 percent, according to the Illinois Association of REALTORS

New Affordable Housing Developments to Serve Kane County Families and Seniors

EAST DUNDEE - June 10, 2013 - (RealEstateRama) -- The Illinois Housing Development Authority (IHDA), on behalf of Governor Pat Quinn, celebrated the grand opening of River Haven Place and Gardiner Place apartments – which will create an affordable housing campus serving families and seniors in Kane County. River Haven Place and Gardiner Place apartments stimulated the economy of East Dundee by creating nearly 300 construction and ongoing jobs, and will enable generations of families to live near each other in their home communities.

FEMA Mitigation Outreach June 10 Through June 16

AURORA, IL - June 10, 2013 - (RealEstateRama) -- Individuals who sustained damages during the recent severe weather can gain valuable information about repairing and rebuilding their damaged property in a stronger, safer and smarter way by visiting one of the FEMA mitigation teams located at home improvement centers throughout the area.

Protect Your Home from Contractor Scams This Summer

SPRINGFIELD - June 6, 2013 - (RealEstateRama) -- There is always a possibility of severe weather during the summer months – weather that can and often does cause major damage to homes and businesses. Once the storm is over, Illinois homeowners are likely to face the arrival of unscrupulous contractors who seek to prey on desperate owners

Free Advice on Rebuilding Stronger, Safer, Smarter

AURORA, IL - June 6, 2013 - (RealEstateRama) -- Whether or not your home was damaged by the recent severe weather, FEMA mitigation teams are available at six locations throughout the area to provide free advice on how to rebuild stronger, safer and smarter.

Lee & Associates Negotiates Four Leases for Red Robin for $8.9 Million

Torrance, CA - June 6, 2013 - (RealEstateRama) -- Rick Scardino, Director of Retail Brokerage of Lee & Associates of Illinois, LLC, represented Red Robin in four new leases in Illinois, two in Northern Illinois and two in Central Illinois.

TWO ATTORNEYS AMONG FOUR DEFENDANT S INDICTED IN TWO SEPARATE MORTGAGE FRAUD SCHEMES INVOLVING...

CHICAGO, IL - June 5, 2013 - (RealEstateRama) -- Two attorneys are among four defendants who have been indicted in two separate mortgage fraud cases, federal law enforcement officials announced today. In one case, an attorney, a real estate investor, and a loan originator were charged with allegedly participating in a scheme to fraudulently obtain at least five residential mortgage loans totaling approximately $1.5 million from various lenders. In the second case, an attorney was charged with allegedly participating in a scheme to fraudulently obtain at least 12 residential mortgage loans totaling nearly $3.75 million from various lenders.

Renters with Flood Damage May Be Eligible for FEMA Help

AURORA, IL - June 5, 2013 - (RealEstateRama) -- Renters who had damage from the severe storms and flooding between April 16 and May 5 may be eligible for FEMA disaster assistance

Mount Prospect Welcomes First Supportive Housing Development in Northwest Suburbs

MOUNT PROSPECT - June 4, 2013 - (RealEstateRama) -- For the first time in the northwest suburbs, a new supportive housing development will open its doors to provide people with disabilities or special needs with quality apartments that will enable them to find stability and live independently.

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Investigation by CHA and HUD Inspectors General ends with guilty plea...

The Chicago Housing Authority will receive restitution for money stolen by a former contractor and her husband after the pair pleaded guilty to stealing funds intended for the Housing Choice Voucher (HCV) program, a crime that was exposed following an investigation by the CHA’s Office of the Inspector General.

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Make Your Garage Door Quieter

How to Make Your Garage Door Quieter

Did you know that the structural noise from a garage can be anywhere from 5 decibels to 20 decibels above the background noise levels? And if you are wondering how much change would a 20-decibel increase make, then consider this – with a rise of 20 decibels, the sound energy increases by a factor of 100!