What Is Mortgage Insurance, or PMI?

Private mortgage insurance (PMI), is a way for many homebuyers to be able to purchase their dream home, with a lower downpayment than many may expect.

If you want to make your dream of home ownership a reality, it may be important to understand PMI — including what it is, how it works, and when borrowers do and do not need it.

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Lola Schalekamp
The Differences Between a Short Sale and a Foreclosure (And What They Mean for Buyers)

For buyers looking at every possible home option in their chosen market, it’s important to understand foreclosures and short sales. Both foreclosures and short sales are types of distressed sales, meaning that a property is being sold urgently, and often at a significantly lower price than it might otherwise go for. How do these two types of sales work?

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8 Fun Ways to Ring In the New Year Around Chicagoland

As the year draws to a close, it’s time to look ahead to a bright future — while sending off the last twelve months with a bang. Here in Chicagoland, New Year’s Eve is a big deal. As we wind down 2019 and head for 2020, there are going to be parties and special New Year’s events popping up all over the city and suburbs, so revelers can dance, sing, and celebrate all night long. 

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Lola Schalekamp
MIES VAN DER ROHE | 2400 LAKEVIEW | 2 BED

Our two bedroom, recently renovated listing in the historic 2400 North Lakeview, Mies van der Rohe designed condominium building sold in less than a day. The unit is positioned in the Southeast tier, offering dramatic park, lake and urban views.

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LISTING: Sono West meets Zhou Brothers

Art & real estate runs deep in my family so I always hope to find a way to fuse the two. We grew up bouncing between my mom’s Wicker Park antique shop and dad’s art studio. I spent my childhood rollerblading, Razor scootering, and running through the hallways of the Flat Iron building, Zhou B Art Center, and galleries in between, playing mini-curator and art critic since the beginning of time.

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8-time Top Workplace Winner. 1-in-a-million Workplace.

We talk about our culture a lot, but that’s because it really is one-in-a-million. The truth is, we’re not here just to build a thriving business. We’re here to empower each other to do our best and deliver service that goes above and beyond for our clients every single day. We invest in each other, and that culture of support and collaboration is why people love being part of the Baird & Warner family.

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Lola SchalekampComment
From Contract to Closing, What Do Sellers Need to Know?

The period from contract to closing is thought of as the time when sellers and their real estate teams “seal the deal” with the buyer. After contract acceptance, buyers and sellers will need to come together to work through the attorney review process (including establishing clear title on the property and resolving contract questions and disputes), having an inspection performed, securing financing, and more.

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