BRONZEVILLE PROPERTIES LLC South Side Realtors

Bronzeville Properties LLC


Bronzeville Properties is a small, independent real estate brokerage. We specialize in residential real estate on the south side of Chicago, with particular focus on the communities of the South Loop, Near South Side, Bronzeville, Kenwood, Hyde Park, South Shore, Woodlawn, Pill Hill, and Chatham, but we also cover nearby neighborhoods, such as Bridgeport and the West Loop.

We recently welcomed a new broker to Bronzeville Properties, Darren Pollard. Darren joins Tennille Winfrey, Broker, and Pam Dempsey, Managing Broker.

Technology and the internet has leveled the playing field, with small independents like Bronzeville Properties and the large brokerage firms able to compete effectively. What we can offer you, whether you are a buyer or a seller, is our individual attention, extensive experience, and focus. We are homeowners and investors ourselves, and seasoned real estate professionals.

The real estate market is constantly changing and constantly challenging. For buyers, in particular, there are numerous hurdles and frustrations which we can help you navigate. We particularly encourage those thinking about buying to attend one of our Home Buyer Workshops. These are conducted periodically at a local Chase branch, on Saturdays from 10:30 am to 1:30 pm. This is a great way to learn a lot about the current market and the buying process in a short period of time.

If you are considering selling your property, we would be happy to meet with you and provide a no-cost evaluation of your property, providing you with our opinion of its value in this market. As the market is constantly changing, its value right now may be quite a bit different than it was a year ago.


Tips for Home Buyers


Buying a new home is not an easy process these days. It can be time-consuming and frustrating. Here are a few tips to keep in mind:

  • You must be pre-qualified or pre-approved for a mortgage (assuming you are not a cash buyer) before looking at any property.
  • If you are an owner-occupier, you may find yourself competing for properties with investors, most of whom are cash buyers. If you are trying to purchase a very low priced property that is attractive to investors, you will most likely need to offer more than a cash buyer for your offer to be considered by the seller.
  • List price may not mean a whole lot. We are seeing some properties priced below market and some priced over market, some on purpose and some not. It is really important to know the market and what the “comps” are before making an offer.
  • The type of financing you use to purchase a property may be dictated by the type of property. And you may need a different lender for a different type of financing. The key is to remain flexible. The bank that provides your initial pre-qualification or pre-approval may not be the lender that ends up financing your purchase.
  • If you are planning to purchase a condo on the south side of Chicago with FHA financing, you will have limited options; very few condos are approved for FHA.
  • Understand the short sale process and the pros and cons. We spend a lot of time on this subject in our Home Buyer Workshops. There are some great opportunities now in short sales, but lots of uncertainty as well.
  • The inventory of properties available for sale has gone down and prices are going up. There are fewer properties on the market and more buyers in the market. This is classic supply and demand - prices are rising.

If you have any questions about particular properties, the buying or selling process, or the market in general, please don’t hesitate to contact me or Tennille.

We specialize in working with home buyers and sellers on the south side of Chicago.

Please give us a call!

 


Pam Dempsey, ABR SFR E-Pro
Managing Broker
312-560-8498 cell
pamdempsey@msn.com

Tennille Winfrey
Broker
773-710-4061 cell
tennille@tennillewinfrey.com

Darren Pollard
Broker
312-508-9710
dpollard4341@gmail.com

 

BRONZEVILLE PROPERTIES LLC
4823 S Langley Ave Unit 1
Chicago, IL 60615
773-548-3300
(By Appointment Only)
 

www.BronzevilleProperties.com


Hyde Park 2-Flat


NEW PRICE - $509,000

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Bronzeville 3-Flat


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