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Borrower paid compensation vs lender paid compensation in Chicago for 2025

Borrower vs Lender Paid Compensation 2025

Hey there, future homeowner! If you’re diving into the homebuying process for the first time, you’re probably finding that mortgage terminology can be a bit confusing, almost like learning a new language.  One common topic for first-time homebuyers is the difference between borrower paid compensation and lender paid compensation. This updated guide for 2025 will help you understand everything you need to know. Don’t worry – we’ve helped hundreds of first-time homebuyers through this process, so we’ll break everything down into plain English. Understanding the difference between the two could…

Spotlight on Sustainable Homes: Green Living in Chicago

Sustainability has become a priority for many Chicago homeowners as they look for ways to reduce their carbon footprint, live more comfortably, and potentially increase resale value. From eco-friendly building materials to innovative rooftop gardens, green living is reshaping how people think about housing.  In this post, we will explore the growing trend of sustainable homes in Chicago, focusing on green roofs, efficient heating systems, and environmentally responsible construction methods. We will also take a closer look at the impact these features can have on property values and highlight specific…

Best Coffee Shops In Logan Square Chicago

Top Rated Coffee Shops In Logan Square

Hey there, coffee lovers! If there’s one thing we Chicagoans take seriously (besides our real estate, of course), it’s where to find the perfect cup of coffee. And when it comes to exceptional coffee culture in Chicago, Logan Square has quietly become the neighborhood that serious coffee lovers can’t stop talking about. We’re the Ben Lalez team, and while we spend most of our days helping folks buy and sell homes across Chicago’s 77 neighborhoods, we’ve also become experts at knowing where to grab the best cup of coffee in…

A Comprehensive Guide to Buying Your First Home in Chicago’s Hot Markets

Entering the Chicago real estate market for the first time can be both exciting and overwhelming—especially in highly sought-after neighborhoods like Logan Square and Lincoln Park. With competitive bidding, increasing home values, and a dynamic local economy, understanding the purchasing landscape is crucial for any first-time buyer. This guide lays out key considerations to help you navigate financing options, prepare an offer in busy markets, and negotiate a fair purchase price, all while focusing on steps to maximize your home’s value using resources like Compass Concierge. Understanding the Chicago Real…