We Support the Portage Park Baseball Association

Proud Sponsors of the PPBA

We are happy to announce that are new sponsors of the Portage Park Baseball Association!  You are going to start seeing our signs in the area.  Here are some details on what the PPBA is:

There are over 400 kids who play at our local parks throughout late spring and into summer.  Ages and league information is listed below:

T-Ball (4,5,6 years) – $165
8-Ball (7&8 years) – $195
Minors (9&10 years) – $195
Majors (11&12 years) – $200
Pony (13&14 years) – $210
Colts (15-17 years) – $210

More information can be found at https://www.ppba.us

Fall Ball and Girls Softball season start in August 13th, 2018.  For registration information please visit their site.

To keep an eye on our newest initiatives in the communities we see you can visit out Charity page:


How Much Earnest Money

How Much to Put Down for Earnest Money

There isn’t a specific amount necessary at any particular transaction.  It really depends on the market.  Is it a hot market?  Is it a slow time of year? All of those factors matter, but there are other reasons that can impact how much you should put down.  Are you in a multiple offer situation?  Are you asking for a long close of 45 days or more?   These actually have a much higher impact when deciding how much earnest money to put down.

Typically, it can be as low as $1000.   Many times it is a percentage of the actual home value.  Your Realtor will guide you through the process.  Just make sure that it is a number that you are comfortable with, but keep in mind that sellers look at this as an indication of seriousness about purchasing the home.

So, the answer to this question is this:  There is no set number.  Instead, other factors actually influence how much earnest money you should put down when buying a home.

Want to learn more?  See why you should use an agent when buying a home here.

Don’t forget that you always want get to pre-approved before buying a home.  Find out more here.

How Much Earnest Money

What is Earnest Money?

Earnest Money

You are working with your real estate agent to create a contract on the perfect home and she asks you how much money to put down for Earnest Money.  So, what is it?

Earnest money is money that you place in escrow with one of the brokerages and sometimes a lawyer.  This money is meant to represent your seriousness about purchasing a home.  What happens next?

1. Your contract is voided due to legitimate problems during the contract execution.  You couldn’t get a mortgage.  The house inspection goes horribly wrong.  You’ll get your money back quickly.

2.  You void the contract for no good contractual reason.  If the seller is really nice then you can get it back.   Otherwise, it is forfeited to the seller.

3.  You complete closing and purchase the home.  You will get the money back at closing or you can use it for things like closing cost.

To find out more of how much to put down you can visit this post:


What is Earnest Money