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Archive for the ‘West Town’ Category

Joe Dimaggio Got Home, But For How Long?

Posted by Phil Buoscio On September - 2 - 2010

Financial Troubles are rocking the Italian Sports Hall of fame. I pulled up and went in recently and put some money in the jar there… trying to help… but I hope someone really big steps in.
Maybe Mario can donate his ice sales for a few weeks or something.. one gives and the other gets you know.
My Grandfather Angelo Buoscio migrated from Italy and ended up on Taylor before he swung down to the 10th ward and dug ditches near the stell mills in the Hegewisch area.
He would be upset to see that he non profit group holding the hall of fame is hurting. The organization it seems is regrouping to keep the association alive. It would be a big blow to the Taylor street area to see such a collection of history in one place gone… poof to the economic downturn.
I hope someone out there with the ability can stop in and drop off more than a few bucks in the jar.

Ouch. No Morgan El Stop. Bad Feds.

Posted by Phil Buoscio On September - 2 - 2010

You bought ‘cuz you loved the scene….
The busy Randolph and Fulton market area.. which is lovely for it’s dichotomy of grungy fish smelling trucks backing up and blocking streets against hi-end galleries or shops… love it.. essential Chicago fix is gotten on a mid-day bike ride through here(highly recommended).
Here was this wonderful loft with ceilings you could bounced ideas around and enjoy the west setting son after work with a chardonnay chilled in your hand on your deck… but you didn’t plan on the long walk to the el… or to be clad to the bus for that long.. cuz you were banking on all the Realtors’ chatting up the probability of the el stop going in.
So if you bought a condo.. like a few I know counting on that Morgan street el stop of the green line materializing.. you bet wrong. But don’t worry you’ll meet more people walking and stay in shape walking to the further el stop east. The Morgan station (at 1000 west) was to be the first of a few stations between Clinton and Ashland.. to cover the rich creamy filling of the n’hood between.
Danny Davis says the station will be built… but don’t take that to the bank. Official said it would be open in 2012.. but now bets are off for it to be soon with the funding crisis in all directions.

Do you want to buy a condo. Do you want someone who is born and raised here and personally closed 90 million and has a opinion and will lay it out for you and not be a pushover?

Send me an e-mail at myrealtorphil@gmail.com. I will contact you for a free consultation. When we talk, I will explain how the buying and/or selling process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (312) 953-6725.

If your a short seller or know anyone in that position.. please hook us up.. I’m good at that too. Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.
Click here to request a copy.

Thanks for reading this, I love what I do and hope to serve you too… Phil Buoscio.

Phil is a Real Estate Agent at Better Living Realty – Buoscio Brokerage, Inc..

Phone: (312) 953-6725. myrealtorphil@gmail.com.

Chicago IL – I know a guy that wiped out 300k in mortgage debt. I’ll call him Tom. The name and some of the details have been changed to protect his privacy. Tom owed a lot of money on his house. He owed 600k on a first mortgage and then another 300k on a second mortgage.

<a href=”http://stopchicagoforeclosure.info/Short_Sale.html”>Discover how other sellers successfully did a short sale and request a free consultation by clicking here.</a>

Tom’s income dropped dramatically. He almost lost his home. He finally got a new job and was able to pay the first mortgage payment. Because they were closer to foreclosing, he found a way to pay them. But, he didn’t have enough money to pay the second mortgage.

So Tom didn’t pay the second mortgage. He was doing everything he could to save his home. The second mortgage called Tom a lot. “If you don’t pay us, then we will file for foreclosure”, they would say. <strong>Twelve months went by and no one filed for foreclosure.</strong>

Tom was quite surprised. “I had no idea when the sheriff was going to come out and kick us out”, Tom told me. We told him that most second mortgages never file for foreclosure. (Here is why they hardly ever do. In a foreclosure, the first mortgage gets paid off before the second mortgage gets a dime.)

In Tom’s case, his home’s value had dropped below the 600k he owed to his first mortgage. This meant that if the second mortgage did foreclose, then they would only lose more money. That is not a winning business proposition.

We also told Tom that he could probably settle with his second mortgage for five to ten cents on the dollar. That means he can eventually settle for $10,000 to $20,000. We first talked to him over a year ago.

Today, Tom still hasn’t made a single payment on his second mortgage. He has caught up all the payments on his first mortgage. In addition, he has been able to get back on his feet financially. <strong>He expects that he will settle with the second mortgage in a year or two.</strong> The first priority is getting all his other finances completely in order.

This story illustrates that you are not doomed. Many people owe more than their home is worth. They are able to short sale and get rid of the debt. Or, they can use creative strategies to reduce the level of debt. <strong>You can get your finances back in order with a little work and time.</strong>

Do you want to short sale your property and never pay the bank another penny? I can help you do that. Call me at (312) 953-6725 for a free consultation. When you call, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can e-mail me at <a href=”mailto:myrealtorphil@gmail.com”>myrealtorphil@gmail.com</a>.

Discover how other sellers successfully completed a short sale and request a free consultation by <a href=”http://stopchicagoforeclosure.info/Short_Sale.html”>clicking here</a>.

Thinking about a loan modification? Our Chicago Loan Modification Kit has the instructions you will need to get a loan modification approved with your lender. <a href=”http://stopchicagoforeclosure.info/Loan_Modification_Secrets.html”>Click here to request a copy.</a>

Thanks for reading this, Phil Buoscio.

Phil is a Real Estate Agent at Better Living Realty – Buoscio Brokerage, Inc..

Phone: (312) 953-6725. <a href=”mailto:myrealtorphil@gmail.com”>myrealtorphil@gmail.com</a>.

View My homes for sale at <a href=”http://”></a>.

Phil Buoscio specializes in short sales in Chicago Illinois. Chicago Loan Modification Help can be referred to you. Chicago Short Sales. Chicago Short Sale Realtor. Chicagoland Short Sale Realtor. Chicago IL Short Sales. Chicago Realtor. Pilsen. McKinley Park. Bridgeport. Wicker Park. West Town. Ukranian Village. Lincoln Park. Logan Square.

Copyright 2010 SFI Marketing Institute, LLC. All Rights Reserved.

West Town Caps Meeting – Here’s what they are like

Posted by Phil Buoscio On August - 13 - 2010

WEST TOWN CAPS MEETING
In living in the middle of the city I love going to CAPS meetings now and then. I have been to them for the 12th, 13th and 1st districts.

If you have not seen it yet you should see the police stats on the city website… you go to these meetings you get a printout of them and a verbal explanation of what’s going on in your local beat…

Once in awhile there is a CAP meeting on the street.
This was the first one I went to like this….
The officers show up and do a roll call on the street and they did so on August 12th at the corner of Erie and Ashland.
Here are my quick observations…
Wow… 20 + officers are on the beat at one time… for this little area….

An Alderman, the commander…

Alderman Burnett spoke — he was loud and clear…
A big walk away from this…I was surprised to know that Jesse White sits in an office each week and just meets people. And that Alderman Burnett does the same…

Community concerns can be input into system online . At this beat meeting there were twelve.
They are this type of thing:
For example one was a house on west Erie. 1848 Erie. Teenagers and gangs hanging out 1659 Erie report of prostitution.
At 1859 Huron narcotics concerns were registered and they are buzzing by alot and eyeballing the guys now. etc.
We are encouraged to go online to city website and register community concerns.

This is cool… very high tech. You don’t just call 911 now you actually go online..

And the next caps meeting in Sept will show us exactly how to do this… cool.
Wow… in one month there were only 29 arrests on my beat. That’s not bad. But lets get it down to 0. That would be a utopia.
When the sign in sheet came to me there were 56 names on it… cool… but I counted at least 70 people there… outside of the 20 cops ….

Sgt Claus gave a quick report…
8 threatened officer on Grand avenue.
They got all of them… Supposedly…these are the local gang guys that bop around with hats to the side. It turns out I can help out.
On the 19 Th of August looking for court advocates. 9 am Belmont and Western and be a “community advocate” and stand up and show the judge that people care and to lock these guys up for their actions.

Turns out I can borrow an engraver from the station to engrave my initials and last four digits of social on my bike… incase it’s stolen it wont go at the auction. This is cool.

Then the community members spoke up and asked alot of questions and let them know other problemos …

Cool meeting and a show of force.

And best yet.. we all signed in and the caps citizen leader is going to give us all a phone tree by email to organize us so we can call each other now…. Look out gangbangers… we have blackberry’s and iphones and were going to be all over you guys now.

West Town is on the rise!!

Check out a website Foreclosure Rates Are Rising Now-Banks Are In Actionthat focuses in on the city area’s foreclosure rates and find some tuff news. That wave of foreclosures we thought was about to hit — it’s hitting now.  Woodstock Institute ( a Chicago based housing research and policy organization) says that 131 foreclosure actions against mortgagees were filed between January and June on the Near South Side. This is the 1200 to 3100 south area(south loop). This is up by over 50% year-on-year comparision. And… the West loop  area covering University Village, to 400 north and from I94 west to 2800 west shows that 227 cases were filed and that is up almost 75% from the first half of 2009!

Our New Short Sale Blog Is Up!

Posted by Phil Buoscio On July - 26 - 2010

We just launched a blog strictly dedicated anything short sale related www.chicago-shortsaleblog.com The site will offer loads of knowledge and details about the whole short sale process.  There will be personal stories regarding short sales our office handles, articles explaining the basic principles behind short sales and even stories from other brokerages and agent across the Country.  Given current economic conditions, we feel that shorts sales are already a major force in the real estate market.  Now you have a Team you can trust that works on short sales daily and knows how to get your deals closed.  So if you or anyone you know are having trouble hanging onto a property, give us a call or at least visit our new blog www.chicago-shortsaleblog.com and get educated on short sales.  Considering distressed sales (foreclosures and short sales) are probably going to make up the majority of what closes in the next 2 years, you need to be in the know, whether buyer or selling.  So visit www.chicago-shortsaleblog.com often, as we will be making new postings every day.

What if you could pick up the phone, call you Alderman/woman and influence them to move 872,000 cars from the streets of Chicago?

What if you could help stop 41 deaths a year in Chicago from air pollution?  What if you could help 18,000 cases of Asthma be relieved in Chicago?  What if you could help stop two of the largest single carbon monoxide pollution sources in Chicago by lobbying your Alderman?  Those of you on the North Side may not know that the power plants at Fisk and Crawford are polluting your air.  Your bad days of breathing, well, just blame the plants in Pilsen and Little Village.  If you have asthma, all of a sudden, thank Midwest Generation.  These plants are from 1914 and are not anywhere near the state of the art technology.  They are old, dirty coal burners dumping fine particulates all over our city that can immediately enter your blood stream they are so small.  They are smog producers and climate warmers.  There is both a health issue here and a climate warming issue.  And intertwined is an environmental justice issue.

If these plants were located in Wicker Park do you think they would still be open?  I think not.

Well this is your time.  The Chicago Clean Power Ordinance is before the city council and it’s growing in support and we must continue the momentum.  Call your Alderman, because chances are out of the 13 that have signed on as of July 21st, yours is one of the 37 who have not signed on.

If your Alderman is one of the “bad” ones like Dick Mell, Aldreman Solis or Munoz call them and ask them, How can you be on the wrong side of history and environmental justice on this one?

My office is literally 5 blocks east of Fisk station at 2202 S. Halsted.  I was diagnosed with Asthma this year.  I carry my trusty inhaler with me.  I honestly believe that my eight years in Pilsen have caught up with me.  The environmental injustice this community is treated with, has now impacted me directly.

I don’t know how Alderman Solis can have a clear conscience, not being a leader out-front on this issue.

Now I can understand Dick Mell, the rules committee chair who is sitting on this ordinance.  Or Ed Burke, who is likley upset that he didn’t get to sponsor this one like the one that went down in flames in 2002.  But how can you rationalize Alderman Solis’ opposition?  He lives here.  His family does.  His friends.  His community inhales this pollution first, they are the closest to it. And they have a lower median income than most other communities, which means he should be working that much harder to make sure they have a healthy environment and not a dirtier one.

Fisk and Crawford  coal power plants are two of eleven in the state.  What’s amazing is that these two coal power plants are the closest to this large of a population!

Other cities have built them farther away.  Others have closed them.  Not only are these two plants still operating, they  are completely outdated!

How they have been allowed to continue to dump their pollution on Pilsen, Bridgeport, McKinley park is a secret I would like to know.

Let’s try and put some daylight on that.  Could it be that Charlie Parnell, Midwest Generations lobbyist who is a co-host for Alderman Solis’ (25th ward Alderman) upcoming fundraiser, has gotten Alderman Solis and other Alderman like him so much money that they have just lost their minds?  Could it be that community groups like the Resurrection Project who rely on the Alderman to give/get them free city land to build affordable units on doesn’t want to upset the hand that feeds them?  How does the Resurrection project cry foul about “gentrification” and not about the single largest pollution source in their community!  They are not signed onto this ordinance as sponsors.  This is a group of churches and community leaders in Pilsen.  This is not right.  Someone needs to put some daylight on the connection between where the Resurrection project gets its funding/support and why they are not supporting the Fisk stations regulation and closure.

I know Alderman Solis.  I like him personally, so much so that I supported him in his last election and think he’s a thinker not a order taker.  He has been involved with UNO (which by the way what’s their position on the Clean Power Ordinance).  But you would think that driving around Pilsen each day the Alderman goes down Cermak and eyeballs those smokestacks and is concerned that the asthma rates are so high here.  You would think he has those 50,000 lungs on his mind under the age of 15 that live within a mile of this plant!

You would think that he would balance that 41 deaths a year that are caused by the power plants surrounding his community and might outweigh the 180 jobs that will be lost if these plants close (Midwest threatens this if they have to update the plants).

West Town Market Update – July 2010

Posted by Phil Buoscio On July - 21 - 2010

The entire area of West Town has seen price appreciation over the last year!  Real estate markets are local and continued news about properties losing value on a national level are completely meaningless for the most part.  Real estate is local and that’s where you should be getting your data.  Let’s face it, values in Vegas or L.A. don’t mean squat here.  If you want to know how the values of your property have held up over the last 2 years, give me a call at 312-953-6725 for a free CMA on your property.

The chart below shows the number of properties for sale, under contract and sold for the last 2 years in the entire neighborhood of West Town (MLS area 8024).  As you can see over a 2 year period there has been a 6% decrease in the value of sold condos and single family homes.  Compared to other neighborhoods across the city, that decline is actually very stable in today’s market.

Click to view larger image of graph

Although a 6% decrease in values over 2 years is by no means good news to anyone who owns a home or condo in the area, there is good news in the last 12 months of data.  The median sales price in West Town for a single family home and condo rose 5.4% from 7-12 months prior! To see the chart showing the values click here.

For more information on the market around your home, give me a call for a free market analysis:  312-953-6725

West Town Events I recommend

Posted by Phil Buoscio On March - 9 - 2010

WEST TOWN EVENTS  those of you who are n’bors and live in the West Town or mid city area.. here are some life improvement options.. .

Phil Buoscio

Game Days at Nail Fetish: Thursdays : 12 p.m. – 9 p.m. Fridays : 10 a.m. – 7 p.m. Play DVD editions of the game shows “Deal or No Deal” on Thursdays and “Who Wants to Be a Millionaire?” on Fridays before or after your treatment. Prizes for winners include nail polish, lotion and $10 manicure gift cards.

Nail Fetish

525 N. Ashland Ave.

Chicago, IL 60622

312-738-3101

Feb-March 2010

THE CABINET

Redmoon Theater remounts its 2005 “spectacle in miniature” featuring small-scale mechanicals and puppets. The story was inspired by the silent 1920 German Expressionist film,”The Cabinet of Dr. Caligari,” about a murderous carnival hypnotist and his sleepwalking slave.

When: Thursdays and Fridays : 8 p.m. (ends March 7)
Saturdays : 6 p.m. and 9 p.m. (ends March 7)
Fridays : 10 p.m. (ends March 7)
Sundays : 3 p.m. (ends March 7)

Price: $15-$25

Redmoon Central

1463 W. Hubbard St.

Chicago, IL 60622-6353

312-850-8440

February 18th @ 5:00-7:00pm
Networking Event & Informational Seminar on Assisting Local High Schools through Internship/Work Programs
Hosted by two local chamber of commerce, the WTCC and Wicker Park and Bucktown Chamber of Commerce Meeting in the bar area. Materials distributed regarding the high school work programs with representatives attending to answer questions. Complimentary appetizers and cash bar.
Folklore

2100 W. Division St.

March 7th, 2010 @ 5pm

ACUMEN NATION

Christ Analogue, Cyanotic, The Gothsicles, Sheriff Scabs, Xuberx, Millipede, DJ Hiem.

Price: $12-$15

Darkroom

2210 W. Chicago Ave.

Chicago, IL 60622

773.276.1411

March 11, 2010 @ 9:00pm

BOUTROS

Price: $8-$10

Event Phone Number: 312-371-0779

Darkroom

2210 W. Chicago Ave.

Chicago, IL 60622

773-276-1411

March 12th, 2010 @ 7pm-1am

SPECTACLE LUNATIQUE GALA: A BOMBASTIC BIRTHDAY CELEBRATION

Performance installations highlight Redmoon Theater’s annual spectacle-filled benefit. This year’s 20th anniversary celebration includes appetizers, cocktails, dinner, cake, balloons, hats, songs, games, costumed performers, mechanical devices, shadow projections and more. An optional package for two costs $625 and includes a VIP reception (7 p.m.)

Price: $150

Redmoon Central

1463 W. Hubbard St.

Chicago, IL 60622-6353

312-850-8440

April 9th, 2010 @ 8:00pm

RED OR WHITE BALL

The eighth annual event features cocktails, dinner, live entertainment, swag bags, a silent auction and raffle. An optional VIP package ($250) includes a 7 p.m. cocktail reception with Steppenwolf ensemble members and enhanced swag.

Price: $125-$250

Event Phone Number: 312-654-5672  http://www.steppenwolf.org/rowb

Salvage One

1840 W. Hubbard St.

Chicago, Il 60622

312-733-0098

Dig Deep To Get Local News

Posted by Phil Buoscio On September - 30 - 2009

4 local Chicago news blogs to keep an eye on… Each have built their base largely on highlighting local news for Chicagoans. Whatever neighborhood your digging unto check em out.

Gapers Block,
Chicagoist,
the Beachwood Reporter,
the Windy Citizen,

Everyblock

ChicagoNow

Huffington Post Chicago

VIDEO

TAG CLOUD

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