I came across this very informative link from the Federal Reserve on shopping for a loan:
Shopping around for a home loan or mortgage will help you to get the best financing deal. A mortgage--whether it’s a home purchase, a refinancing, or a home equity loan--is a product, just like a car, so the price and terms may be negotiable. You’ll want to compare all the costs involved in obtaining a mortgage. Shopping, comparing, and negotiating may save you thousands of dollars.
Here is the full link
Tuesday, May 30, 2006
Sunday, May 28, 2006
Magnolia Glen Edgewater: Two Bedroom Condo


Welcome to quality living in the Edgewater community.
Chicago's newest development to be offered for sale in the Edgewater neighborhood.
This spacious renovated Edgewater four-unit condo development has integrated contemporary features while maintaining the original vintage charm. Building features three, 3 bedroom 2 bathroom condos and one, 2 bedroom 2 bathroom residence.
The two bedroom garden residence has been completely renovated top to bottom. It includes a spacious floor plan with a sunny living room and sunroom adjacent to the beautifully appointed kitchen which includes all new stainless steel appliances, granite countertops, undermount stainless steel sinks and 42” maple cabinets. There is also an eat-in island that features a built-in wine rack.
The large master suite includes a walk-in closet and large master bathroom with nicely appointed fixtures including a whirlpool tub, granite tops and a Grohe shower head. This unit has its own new heating and air conditioning system, full-size laundry in-unit, wired security system, a limited 3 year warranty and a large secured storage room.
Located only two blocks from the red line el and four blocks to the lake and close to restaurants and shops in Edgewater and Andersonville and much more. We welcome you to view the Magnolia Glen Condominiums and see if they meet or exceed your requirements. We believe they will.
2BR 2 BA Starting at $269,000
3BR 2BA Starting at $349,000
Go here for development intro page (dsl) or visit our website at http://www.REMEMBERJIM.com and click on the featured property or download a pdf of the 3BR floor plan
These properties are being exclusively marketed by Jim Gramata, a licensed broker associate with Keller Williams Lincoln Park Realty. If you would like to make an appointment to see a residence in this development call us at 888-877-8705 ext 2035.
Magnolia Glen Edgewater Three Bedroom Condos


Welcome to quality living in the Edgewater community.
Chicago's newest development to be offered for sale in the Edgewater neighborhood.
This spacious renovated Edgewater four-unit condo development has integrated contemporary features while maintaining the original vintage charm. Building features three, 3 bedroom 2 bathroom condos and one, 2 bedroom 2 bathroom residence.
The three bedroom condominiums includes a spacious, open floor plan with a large living room and adjoining sunroom with excellent exposure to western sunlight. The Great Room includes a family room and dining area that are adjacent to the beautifully appointed kitchen which includes all new stainless steel appliances, granite countertops and undermount stainless steel sinks with 42” maple cabinets. There is also an eat-in island that features a built-in wine rack. As if that weren’t enough, the design includes a separate breakfast area off of the kitchen for informal meals or an office area.
Some interior features include restored stained glass windows, built in vintage cabinetry, crown moulding, recessed lighting and hardwood flooring. In addition to the three generously sized bedrooms are two completely updated full bathrooms with nicely appointed fixtures and finishes including Grohe shower heads. Each unit has its own new heating and air conditioning system, a security system and a limited 3 year warranty. Units also include a large secured storage room. Deeded parking is available.
Only two blocks from the red line el and four blocks to the lake and close to restaurants & shops in Edgewater & Andersonville. We welcome you to view the Magnolia Glen Condominiums and see if they meet or exceed your requirements.
We believe they will.
2BR 2 BA Starting at $269,000
3BR 2BA Starting at $349,000
Go here for development intro page (dsl) or visit our website at http://www.REMEMBERJIM.com and click on the featured property or download a pdf of the 3BR floor plan
These properties are being exclusively marketed by Jim Gramata, a licensed broker associate with Keller Williams Lincoln Park Realty. If you would like to make an appointment to see a residence in this development call us at 888-877-8705 ext 2035.
Thursday, May 25, 2006
Edgewater BUZZ: New Condo Development

Chicago HomeBUZZ: Magnolia Glen Condos about to hit the market.
There is a four unit development I am about to exclusively market that has not even been made public (except for here on the BUZZ!).
Read the description below taken from the flyers we are preparing or call 888-877-8705 ext 2029 (2BR) or ext 2039 (3BR) for a free recorded description of the property (beware I will get your phone number!) Or simpy visit our website at http://www.REMEMBERJIM.com and click on the photo on the left. There are downloads of floor plans and lots more coming soon!!
Video podcasts, flyers, photo gallery, etc
These are going to be some really nice reidences in a great neighborhood. Call me for to make an appointment or pass this post along to your friends (they'll love that you knew the BUZZ FIRST!)
Welcome to quality living in the Edgewater community.
This spacious renovated Edgewater four-unit condo development has integrated contemporary features while maintaining the original vintage charm. Building features three, 3 bedroom 2 bathroom condos and one, 2 bedroom 2 bathroom residence.
The three bedroom condominiums includes a spacious, open floor plan with a large living room and adjoining sunroom with excellent exposure to western sunlight. The Great Room includes a family room and dining area that are adjacent to the beautifully appointed kitchen which includes all new stainless steel appliances, granite countertops and undermount stainless steel sinks with 42” maple cabinets. There is also an eat-in island that features a built-in wine rack. As if that weren’t enough, the design includes a separate breakfast area off of the kitchen for informal meals or an office area.
Some interior features include restored stained glass windows, built in vintage cabinetry, crown moulding, recessed lighting and hardwood flooring. In addition to the three generously sized bedrooms are two completely updated full bathrooms with nicely appointed fixtures and finishes including Grohe shower heads. Each unit has its own new heating and air conditioning system, a security system and a limited 3 year warranty. Units also include a large secured storage room. Deeded parking is available.
Only two blocks from the red line el and four blocks to the lake and close to restaurants & shops in Edgewater & Andersonville. We welcome you to view the Magnolia Glen Condominiums and see if they meet or exceed your requirements. We believe they will.
Starting at $349,000
Property characteristics
3 Bedrooms, 2 Bathrooms
Large, Sunny Living & Sun Rooms
Renovated eat-in Kitchen
Large, open Great Room
Stainless Steel appliances
Built-in Wine Rack
Hardwood flooring throughout
In-unit oversized laundry
Restored stained glass windows
Large secured storage room
Deeded parking available for $25,000
Red line “El” Stop two blocks
Four blocks to Lake Michigan
Close to downtown Andersonville
3 Year Home Warranty
Security system
Visit http://www.REMEMBERJIM.com and click on featured property.
Economy Grows in First Quarter

Emerging from a year-end rut, the economy dashed ahead in the opening quarter of this year at a 5.3 percent pace, the fastest in 2 1/2 years.
The new snapshot showed gross domestic product was even stronger during the January-to-March period than the 4.8 percent annual rate first estimated a month ago, the Commerce Department reported Thursday.
Gross domestic product measures the value of all goods and services produced within the United States and is considered the best barometer of the country's economic fitness.
The upgraded reading on GDP, based on more complete information, mostly reflected stronger U.S. exports and better inventory building by businesses.
Economists, however, were predicting an even bigger upgrade to the first-quarter reading. Before the release of the report they were forecasting economic growth to clock in at a 5.8 percent pace. Even though the revised figure fell short of that, it nonetheless made clear that the economy had snapped out of its end-of-year lull.
In the final quarter of 2005, the economy grew at a feeble 1.7 percent pace. Fallout from the Gulf Coast hurricanes, including high energy prices, prompted people and companies to tighten their belts.
Consumers and businesses regained their appetite for spending and investing in the first quarter, a major factor underpinning the brisk pace of growth logged for the overall economy.
Their appetite, though, was a tad less hearty than initially estimated.
For a full look at this article click here
Economy Dashes Ahead at 5.3 Percent Pace
By JEANNINE AVERSA
AP Economics Writer
Published May 25, 2006, 7:38 AM CDT
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