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Plainfield, IL Real Estate News

Event Date(s): 03/28/2009 - 03/28/2009Weekdays: SaturdayEvent Time: 10 p.m. to 1 a.m. Event Location: Pioneer Lanes, 150 S. Joliet Rd., PlainfieldContact Name: Cheryl CrismanContact Phone: (815) 436-8812 Web site: www.plainfieldparkdistrict.com Event Details: The cost is $25 per bowler and includes three games, shoe rental, and one pizza per lane. The event will also feature door prizes and a raffle, with all proceeds benefiting the Friends of the Plainfield Park District Foundation. Tickets may be purchased at the Recreation/Administration Center, 23729 W. Ottawa St. (formerly 100 W. Ottawa St.), Plainfield. Call LaNita Cates of REMAX of Joliet at 630-341-1545 or visit www.lanitacates.com
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Event Date(s): 03/19/2009 - 03/19/2009Weekdays: ThursdayEvent Time: 6:30 p.m.Event Location: The Timbers of ShorewoodContact Name: JudyContact Phone: 815-609-0669Web site: www.timbers-shorewood.com Event Details: Singer and entertainer Chris Colletti performs at 6:30 p.m. Thursday, March 19, at The Timbers of Shorewood, 1100 N. River Rd., Shorewood, IL.  Colletti is a popular Chicagoland entertainer, performing at area restaurants, hotels, conventions, festivals and in musical theater. His repertoire includes big band standards, ballads, Broadway classics and Italian love songs. Colletti has appeared in numerous roles in musical theatre including "Bye Bye Birdie," "Jesus Christ Superstar," "A Chorus Line," "The Music Man" and "Little Shop of Horrors."The Timbers of Shorewood is a rental...
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By LaNita Cates
(REMAX of Joliet)
Event Date(s): 03/13/2009 - 03/27/2009Weekdays: FridayEvent Time: 6 p.m.Event Location: Lockport Street GalleryContact Name: Chere BatesContact Phone: 815 436 0370Event Details: The 14th annual Plainfield Central Student Art Show will be held at the Lockport Street Gallery in Downtown Plainfield.  Twentyfive students will display their art at the opening reception March 13th between 6 - 8 p.m.  The Gallery is located at 24028 Lockport Street and everyone is invited.  The show will continue for two weeks during which you may come in a view the art.  You may also view the art at the Gallery's web-site: lockportstreetgallery.com/Artshow1.htm Call LaNita Cates at REMAX of Joliet for your home buying and selling needs. 630-341-1545 or www.lanitacates.com
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By Julie Ferenzi, Julie Ferenzi
(john greene Realtor)
The most recent real estate closings in the Caton Ridge Subdivision in Plainfield are: 6512 Cascade Ridge Dr. closed on 11/5/08 at $194,000 2217 Country Ridge Dr. closed on 12/3/08 at $215,000 2215 Cedar Ridge Dr. closed on 10/3/08 at $218,000 6501 Breckenridge Dr. closed on 2/27/09 at $252,450 If you want to know what your home in the Caton Ridge subdivision is worth, or have a property in another subdivision in Plainfield, contact me at the tab on the top of this page or call me at 630-673-6233. It would be my pleasure to help you with any of your real estate questions. Are you behind in your mortgage payments?  You may qualify for a loan modification or short sale.  Call me at 630-673-6233 to find out if you qualify for either of these programs. Julie Ferenzi | Realtor® Plainfield Re...
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By Julie Ferenzi, Julie Ferenzi
(john greene Realtor)
  The most recent home sale closings in the Wesmere Subdivision in Plainfield are: 1702 Whispering Oaks Dr. closed on 1/29/09 for $120,000 2121 Willow Lakes Dr. closed on 9/12/08 for $173,000 2049 Winding Lakes Dr. closed on 10/31/08 for $180,000 5808 Lake Pointe Dr. closed on 1/16/09 for $190,000 1905 Prairie Ridge Dr. closed on 2/20/09 for $203,000 2200 Brindlewood Dr. closed on 3/3/09 for $206,000 1881 Westmore Grove Dr. closed on 12/19/08 for $208,000 5310 Floralwood Ct. closed on 12/15/08 for $211,000 1907 Spring Ridge Dr. closed on 1/30/09 for $215,000 5208 Brindlewood Dr. closed on 9/25/08 for $222,750 5406 Maple Glen Ct. closed on 9/10/08 for $228,000 5301 N Brier Glen Dr. closed on 10/17/08 for $255,000 1920 Chestnut Grove Dr. closed on 9/29/08 for $255,000 1714 Sierra Highland...
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By Julie Ferenzi, Julie Ferenzi
(john greene Realtor)
Clearwater Springs and Aspen Falls most recent closings in Plainfield: 6983 Paradise Cir. closed on 10/14/2008 for $174,989 2709 Abode Dr. closed on 11/24/2008 for $211,000 6800 Bazz Dr. closed on 2/24/2009 for $260,000 During this time 16 neighborhood listings expired without selling.  Keep watching for more updates on neighborhood closings and market prices.  Do you want to know what your home is worth?  Click on the tab at the top of this page and submit your information. Julie Ferenzi | Realtor® Plainfield Real Estate 630-673-6233
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By Julie Ferenzi, Julie Ferenzi
(john greene Realtor)
There were 16 closings on Plainfield town homes from February 8th through March 8th, 2009. They range in price from $90,000 all the way up to $305,000.  The property that sold for $90,000 was a foreclosure in the Carillon subdivision near I-55 and Weber Rd.  The property that sold for $305,000 was in the Creekside Crossing subdivision near Drauden and Indian Boundary Rds. In addition to the one foreclosure closing, 2 additional properties closed as short sales, which brings the total amount of distressed property sales for the last month to 18.7% in Plainfield. For an updated list of property closings in Plainfield, or for a complimentary Comparative Market Analysis, please contact me either by phone or by e-mail.  If you or someone you know are having trouble making your mortgage payme...
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By Julie Ferenzi, Julie Ferenzi
(john greene Realtor)
In the past 30 days, 53 single family properties have closed in Plainfield, ranging in price from $114,000 to $644,000. Out of the 53 closings that took place, 20 homes, or 37.8%, were listed as short sales on the MLS.  Not surprising, the main bulk of the short sales took place on the lower price range homes under $200K. Of the homes that closed in Plainfield over the last 30 days, not included in the 37.8% were the actual bank-owned homes.  The MLS does not require special notation on homes that were bank-owned or REO's, and that information is most often determined by reading the agent remarks section of the listing.  In my opinion real estate seems to picking up, though many buyers are still on the fence about whether this is the really the right time to buy a house in Plainfield.  ...
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By Julie Ferenzi, Julie Ferenzi
(john greene Realtor)
    The governments plan to help homeowners in foreclosure may leave you looking for answers as the specifics of the plan are hard to sift through.  Loan modifications through the private sector may be a better a better solution for homeowners in Plainfield and the surrounding communities. I have been working with Dan Garcia over the last 4 years in the foreclosure arena.  Dan performs both loan modifications and short sales for homeowners in foreclosure. The answer to turning this economy around is the ability to help the real estate market recovery from foreclosures.  In my opinion, there are two ways to do this: Clearing short sale properties from the market to keep them from competing with the regular real estate market by selling them quickly. Find a way for homeowners to renegotia...
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By Julie Ferenzi, Julie Ferenzi
(john greene Realtor)
  Plainfield market times are creeping up as the inventory of homes exceeds the demand from buyers. In the last 3 months the average market time for a detached single family home in Plainfield was 166 days, but the break down of market time by the number of bedrooms is  a little more specific: 2 bedroom homes in Plainfield have an average market time of 148 days. 3 bedroom Plainfield homes sold in an average of 126 days, considerably shorter than the group average. 4 bedroom homes in Plainfield have an average market time of 184 days. 5 bedroom Plainfield homes sold in an average  of 209 days. From my interpretation of these numbers is that it seems that 3 bedroom homes sell faster than larger or smaller homes by a little over a month, which could be attributed to buyers entering the ma...
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Fourty-three Plainfield homes closed in the month of January, 2009. The lowest price was a short sale that sold for $100,000 and was a 4 bed/1 bath split level. The highest sold for $450,000 which was a 4 bed/3.1 bath 2 story home. Last year for the month of January, fourty-nine homes sold with the lowest sold at $169,900 with 4 bed/1.1 bath and was a 2 story. The highest sold for $685,000 and was a 5 bed/2.2 bath 2 story home. If you are looking to buy or sell in the Plainfield or surrounding area, please call LaNita Cates at REMAX at 630-341-1545 or visit www.lanitacates.com.
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By Julie Ferenzi, Julie Ferenzi
(john greene Realtor)
  My phone has been ringing off the hook with families looking for rental homes here in Plainfield.  The Spring market is certainly in full swing as real estate heats up in the area. As of today there are 53 single family homes available for rent in Plainfield ranging in price from $1,275 up through $3,500 per month.  Most of the 3 bedroom homes range in rent from $1,450 to $1,600 with the price points for 4 bedroom homes jumping up from $1,650 to $2,500 on average. Many of these homes are available as a lease options, or the owners are willing to consider a sale at a later date. The process for signing a lease for a home in Plainfield can be done in just a few easy steps. 1. Fill out a Credit Check and Lease Application (which I can e-mail to you directly.) 2. Next we have to run a cre...
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Tony and I don’t get to go out alone very often.  Other than the occasional weddings over the last 2 1/2 years since our youngest son was born, I think we’ve been out without the kids only a handful of times.  Thanks to my in-laws, this past weekend was one of those rare occasions. We were celebrating Tony’s birthday so I left all the choices up to him.  He had no problem picking the movie, but dinner was up for grabs…  and we both refused to spend a night without kids cooped up in a booth a Applebee’s. (Don’t get me wrong, I love any eating establishment in which I don’t have to cook A while back a vendor for Passport Unlimited visited my real estate office and I bought a couple of these cards that offer a free entree with the purchase of another entree at participating restaurants.  ...
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    Let’s face it, good credit is hard to come by these days, and most real estate investors know this.  Even if you have bad credit, chances are there is an investor/owner out there that will be willing to rent you their property, but not without conditions. If you have a bankruptcy, low credit scores, or a foreclosure on your credit report, it will require more on your part to successfully negotiate a lease agreement.  If you aren’t sure what your credit score is, you need to run a credit report and compare that number with the FICO, Fair Isaac Scoring system. Just as with financial lending, a credit score indicates the risk level involved in extending credit.  As a general rule… past behavior predicts future behavior.  As a means to protect their investments, investors will ask for m...
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By Julie Ferenzi, Julie Ferenzi
(john greene Realtor)
Forget buyers...  These days I feel more like a leasing agent,  but I’m certainly not complaining. Right now the Plainfield rental market is hot, Hot, HOT! The amount of investors in the market that are helping to clean up the foreclosure mess have created a great inventory of homes that renters have to chose from.  Most of my weekly phone calls are from families recovering from low credit scores and looking to get into a single family home that they will have an opportunity to purchase later through a lease option, or through the right of first refusal. Investors that have purchased in this market with the intent to buy and hold their real estate investments have a steady supply of consumers that are in demand of their product, but it is not without risk.  Due to the recent events in t...
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By Cheryl Bowers, Plainfield, Naperville, IL. Real Estate
(Bowers Realty Group LLC)
Short Sale will in NO Way affect your Credit as much as a Foreclosure will!! Don't let the bank force you into foreclosure, a defiency judgement, wage garnishments, asset liens, and bankruptcy. My Service is totally FREE to You -- The Bank Will Pay Me!I operate in Will, DuPage, Kane, and Kendall Counties Your credit will recover in as little as 2 years. This is far better than the 7 to 10 years that most homeowners in your situation will face. Below is the most common elements of the short sale process. List the homeBank authorization forms signedSend bank authorization to the bank(s)Market the homeFollow up with bank(s)Fill out financial form(s)Gather proof of financial informationSend BPO, financial form and financial information to bank(s)Find a buyerNegotiate purchase price/terms wi...
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Exactly two hundred townhomes (or attached single) closed in Plainfield Illinois in 2008. The lowest price was sold at $68,000 and the highest closed at $528,000 which had 11 rooms (3 bedrooms and 4.1 bathrooms). If you are looking to sell or buy in the Plainfield area (or surrounding areas), please call LaNita Cates with REMAX at 630-341-1545. Or you can visit my website at www.lanitacates.com. Make sure you read my testimonials so you know the type of agent I am! If you are a first-time homebuyer and close by June 30, 2009, I can tell you about the $7,500 tax credit.
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471 single family homes closed in Plainfield IL from the closing price of $250,000 and under in all of 2008. The lowest price was listed at $107,000.  405 single family homes closed from $251,000 all the way up to the highest priced closed home at $838,500. If you are wanting to sell or buy, please call LaNita Cates with REMAX. You can reach me at 630-341-1545 or please visit my website at www.lanitacates.com. Make sure to read my testimonials so you know the type of agent I am!
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Fifty seven single family homes closed in Plainfield for the month of December, 2008. The lowest was closed at $132,000 and the highest at $460,000.  Fifteen of those homes were foreclosed homes. Compare 57 homes closed in December of 2008 to December of 2007 when 58 homes closed. Not too much of a difference actually. The lowest price was $160,000 and the highest was $580,000. If you are looking to list your home, please call LaNita Cates at REMAX. I serve the Plainfield, Naperville, Joliet and Crest Hill areas as well as surrounding areas. Call 630-341-1545 or visit www.lanitacates.com.  If you are looking to buy, call me!
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By LaNita Cates
(REMAX of Joliet)
46 single family homes sold in the month of November (2008) in Plainfield IL. The lowest was a short sale sold at $143,000 and had a market time of 90 days. The highest home sold for $609,900 and was also a short sale. The market time on this home was only 12 days. Compare to November 2007 when 59 single family homes sold. Lowest sold at $179,843 and the highest sold at $740,000. If you are looking to buy or sell in the Plainfield IL area, please call LaNita Cates at REMAX of Joliet at 630-341-1545 or visit www.lanitacates.com
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