Tag Archives: Real Estate Investors

Are You Turning Down Free Money?

Turn Down Money

Interest rates on home loans are at or near record lows, and there has been a corresponding boom in refinancing. However, the level of refinancing isn’t near where some believe it should be, given the market conditions. This CNNMoney.com article, in fact, says many people are basically turning down free money.

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When the real estate market shifts, it creates opportunities. There is money to be made in every real estate market. What are the opportunities for you or someone you may know? As your community economic and real estate expert, I look forward to helping you or someone you care about explore these opportunities.

Please call me or pass along my name to a friend.

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Don’t miss out on this GREAT NEW PRICE!! Commercial Investment Opportunity in McLeansboro, Illinois!

Currently utilized as an auto repair service center and towing business, but has also been an operational car dealership. 7500+ sqft finished, flexible, ideal for storage/warehousing/distribution/retail/office or parts store enterprises.

Commercial investment opportunity in McLeansboro, Illinois! Located one-half block off city square of McLeansboro, in the county seat of oil/coal/and natural gas developing Hamilton County. Sale includes very large lots for additional parking, plenty of office space and a showroom floor ready for inventory.

Trade fixtures & equipment not included in sale of real estate, but Seller open to offers to purchase these items outside of closing.

For information about the TIF and Enterprise Zone Incentives available, please contact City of McLeansboro City Clerk, Rita Crain at (618) 643-2723.

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ANNOUNCEMENT: REAL ESTATE AND PERSONAL PROPERTY AUCTION THIS SATURDAY

Hey Folks, Jimmy wanted me to spread the word… He has way too many items in this sale for us to possibly see them all before Auction Day will possibly run Multiple Auction rings, don’t miss it!

REAL ESTATE AND PERSONAL PROPERTY AUCTION

SATURDAY, OCTOBER 13, 2012

STARTING AT 9:30 A.M.

110 SOUTH SILAS – MCLEANSBORO, IL 62859  

 REAL ESTATE

(No Reserve)

The South One-Half of Lots Numbered Seventeen (17) and Eighteen (18) of Block Number Eleven (11) in Heard’s Fourth (4th) Addition to the Town, now City of McLeansboro, Hamilton County, Illinois.

TERMS 

10% Down Day of Auction,  Balance due at closing.  Sale of Real Estate is NOT contingent upon buyer securing suitable financing.  Down Payment is NOT Refundable.

ANTIQUE & HOUSEHOLD ITEMS

3 PIECE BEDROOM SUITE NICE, OLD POSTER BED W/5 DRAWER CHEST, NICE CHILD CHAIR, CHINA CABINET, NICE OLD LAMP TAABLE, OLD LIVING ROOM TABLE, TALL HALL LAMP TABLE W/MIRROR, VERY NICE HULL VASE, INDIAN STATUE, VERY OLD ROCKER, 5 OLD WIRE BOUND BOXES, LOT OLD JARS, 2 KAROSENE LAMPS, PIANO, AMANA REFRIGERATOR, MICROWAVE, MAYTAG  GAS KITCHEN STOVE, MAYTAG WASHER & DRYER, WESTINGHOUSE DISHWASHER, LOTS OF KITCHEN GLASS WARE, KITCHEN ITEMS FROM SEVERAL DRAWERS, DESK, T.V., 2 3 CUSHION COUCHES, RECLINER, METAL WARDROBE, 5 DRAWER FILE CABINET, METAL BOOKCASE W/GLASS DOORS, ROUND DINING TABLE, LOT LAWN CHAIRS, LOT DRINK COOLERS, METALSHELF, AT LEAST 12 TABLE LAMPS, STAND LAMPS, PICTURES, OLD RECORD PLAYER, TYPEWRITERS, MIRROR SET (WALL), LUGGAGE , LOT PAPER TOWELS, LOT TOLIET TISSUE, LOT EMPTY PLASTIC BUCKETS, LAUNDRY WASH POWDER, POTTY CHAIRS, THIS IS A VERY PARTIAL LIST, THERE WILL BE AT LEAST 5 WAGONS OF SMALL ITEMS. THERE WILL BE LOT OF SLEEPERS AS WE CAN’T SEE ALL THE BOXES.  UNBELIEVABLE THE NUMBER OF ITEMS IN AUCTION.

HOUSEHOLD ITEMS

ALUMINUM DISH PAN, GRANITE DISH PAN, SMALL WOOD CABINET, SMALL METAL CABINET, 7 OLD WIRE VANEER BOXES, KAROSENE HEATER, GARDEN TOOLS, RAKES, SHOVELS, TRIMMERS AND OTHER ITEMS, WOOD STEP LADDER, LOTS OF JEWLERY, CANDY DISHES, GRANITE OLD & NEW, 2 STEP LADDERS, ALUMINUM COOKERS, ADVERTISING HAND FANS, EMBROIDERED PILLOWCASES & SCARFS, SET CHINA, CONSOLE T.V., LOT LADIES PURSES, PICTURES, SEVERAL BOXES TOYS, OLD TEACHER & CLASS BOOKS, CORNINGWARE, TUPPERWARE, AND LOTS MORE ITEMS, ASSORTMENT OF LARGE COOKING POTS, DECORATOR FLOWER POTS.

COLLECTIBLE ITEMS

BROWN STONEWARE CROCK, OLD CANE, OLD BELT BUCKLES, STONWARE BOWLS, KNIFE W/SCABBOARD, KNIVES, CAST IRON SKILLET (PIQUA), 3 SET SILVERWARE W/WOOD CASES, 2 WAGNER WARE SKILLETS, SWORD CANE, TOY CAP RIFLE, ERTL SMALL WAGON, TOY CARS & TRUCKS, 2 HAT BOXES W/HATS, OLD SLAW CUTTER (WOOD), BASKETBALL CARDS, BASEBALL CARDS, SEVERAL QUILTS & QUILT TOPS, SAD IRON, 3 BIRD CAGES, OLD WRINGER WASHER W/DRAIN TUB, LANTERN, YEARBOOK, LOTS OF BLUE CANNNG JARS, LOT OF CLEAR CANNING JARS, LARGE STONEWARE FLOWER POT, OLD TIN WATER CAN, WOOD COKE CASE, PLASTIC COKE CASE, 2 GALVINIZED WASH TUBS, SAT NIGHT GALVINIZED BATH TUB & LOTS MORE ITEMS.

JOHN W. NIPPER, P.O.A.

Jimmy Johnson, Auctioneer

Illinois License# 440.000457

Phone: 618-643-3373

For Pictures & Updated Auction Flyer go to: www.AuctionAFarm.com  

 **STATEMENTS MADE DAY OF AUCTION TAKE PRECEDENCE OVER ALL PRINTED MATERIAL, ADVERTISING, AND PRIOR STATEMENTS.

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Real Estate is making a real recovery, but there’s another housing crisis just around the corner

CHAMPAIGN, ILLINOIS — After years of sluggishness, real estate is finally starting to contribute to the overall economic recovery.

The National Association of Realtors recently reported that sales of existing homes in the United States rose 7.8 percent from July to August. The national median sales price has increased six straight months, according to the NAR, and the closely-watched S&P/Case Shiller home price index of the country’s 20 largest metropolitan areas has advanced for three straight months. Housing starts and building permit applications are also up significantly.

Although home values seem to be slowly but steadily rising, homes are still affordable. With interest rates on home loans at rock-bottom lows, affordability also exists somewhat independent of home prices in terms of monthly payment amounts. These conditions, along with pent-up demand during the years when potential buyers were not confident enough to buy, indicate that supply will lag demand.

Local real estate broker Josh Gidcumb said: “I’m not an economist, but most people can understand simple supply and demand, and it’s easy to see that turning around the other way. When you combine affordability with the return of buyers’ confidence in real estate, demand grows. It’s a legitimate concern that supply won’t be able to keep up. We’re not in immediate danger of another real estate bubble, but you can expect that prices will rise steadily in the short term and have a real chance of spiking if supply can’t keep up.”

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Josh has since transitioned in the Real Estate industry with a personal goal of providing his expertise to his clients.  In addition to his financial services experience, his wealth of knowledge in all aspects of Finance has proven to be the most valuable service his clients are able to leverage by utilizing his services.

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 CU REALTY GROUP, LLC is currently expanding operations to meet the demands of customers in our Illinois markets, and if you are as excited and motivated as we are we want you to be a part of it!  Don’t just simply take our word for it, see for yourself why Keller Williams is positioned at the top of the real estate market and recognized as the 2nd largest firm in the United States before you decide to join another firm.

 

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IMPORTANT ANNOUNCEMENT: Abundant TIF & EZ Incentives in the Coal/Oil/Natural Gas Developing area of Hamilton County!

TIF/Enterprise Zone incentives may apply if developed/utilized for commercial use. For more information contact Rita Crain, City of McLeansboro City Clerk at (618) 643-2723.

Commercial Properties Available in Hamilton County, IL

Offical Links to  TIF and Enterprise Zone sites

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Filed under Business, Buyers & Sellers, Community Information, Hamilton County Community, Investment Property, Valuable Information

CU Realty Group brings another business to the Square

Courtesy of McLeansboro Times Leader

Hamilton County Chamber of Commerce welcomed two new businesses to McLeansboro’s downtown square with ribbon-cutting ceremonies last week. In top photo, Tina Craddock, owner of Splash Ink, a custom shirt shop, cuts the ribbon for the business which opened July 19 at 110 E. Market St.; directly behind Craddock is Splash Ink employee Maggie Abbott, and to Abbott’s left are Craddock’s son, Garrett, and husband, Scott. Keith York, fourth from left, and Karen Edwards, fifth from right, were contractors on the remodeling project.

If you or your business are intersted in relocating to the McLeansboro area, click here to view and search our active listings or contact Josh directly at 217-202-0571.

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For Sellers, Farmland Provides Windfall of Their Dreams

According to a recent article from the Springfiled State Journal, some investors are buying the farm… literally.The record farmland prices that are shaking up rural America offer a potential bonanza for sellers.

A $13,000-an-acre sale in Christian County last fall was the latest sign the record run-up in Illinois farmland prices has a ways to go, based on a sales-trend update released this week.

The average price for all types of land was $7,330 per acre for 2011, up 21 percent compared with 2010, according to the annual report from the Illinois Society of Professional Farm Managers and Rural Appraisers.

“A good part of this tremendous move in Illinois cropland values is based on increasing farm income returns and expectations of strong income into the future,” survey general chairman Don McCabe said in the report.

Prime land sold for about $10,500 an acre, good land at nearly $7,500 and average land at a little more than $7,300 an acre.

Farmland prices in Illinois have increased an average of 12 percent a year since 2005

Money from recent farmland sales is helping families pay off debt, buy second homes or make other investments, auctioneers say. Some finance education for their families.

But not everyone who owns farmland is fully aware of the opportunity, over the past decade, U.S. farmland has returned an average of 15.5 percent a year, according to a widely watched index from the National Council of Real Estate Investment Fiduciaries. That compares with about 4.1 percent for the Standard & Poor’s 500 stock index and about 1.8 percent for 90-day government bonds.

Gold? About 19 percent.

Farmland generates not only regular income but also capital appreciation and can be used as a hedge against inflation. Another benefit: farmland returns tend to be immune to stock or bond fluctuations, making it a good diversification too!

So, if you are interested in buying or selling farm land in Central or Southern Illinois, contact me today 217-202-0571 to schedule a consultation.

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