Posts tagged "Crain's"

Don't take FHA approval for granted

In 2006 the Federal Housing Administration (FHA) insured only 1 in every 50 new mortgage loans in Chicago. In 2009 the FHA insured one in every 5 new loans, and in 2010 one in every 7 was FHA-insured, according to Mortgage Bankers Association data reported by Crain’s. The availability of an FHA-backed mortgage is still... Read more »

Evanston mansion slated for foreclosure sale

Crain’s Chicago Real Estate Daily is reporting that a recently-built home at 925 Edgemere in Evanston is headed for auction in a Cook County Sheriff’s sale next month. According to Crain’s the 11,000 square foot lakefront has 5 bedrooms, 7 baths, an outdoor pool and lakefront access. It was originally listed for $9 million and... Read more »