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Bartlett
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Bartlett 

Bartlett IL Real Estate
 

Bartlett is easy to love. With a current population of over 35,000, it retains a warm, small-town atmosphere. Well-maintained homes line village streets, and shopping can be done at locally owned and operated stores and businesses, where the style is friendly and relaxed. Bartlett is a youthful community, with a median age of 31.6 years. Residents enjoy a broad range of recreational programs with limitless activities to pursue, from sporting events to cultural outings. Concerts, festivals and parades are scheduled year-round, all designed for family appeal.  

The village offices are located in the Municipal Center. Careful planning by Village officials throughout more than 100 years of growth has assured essential services for all residents and made our town a great place to live and raise a family. A village with charm and a bright future, Bartlett surely lives up to its motto: "Progress with Pride!" 

The wooded Bartlett landscape is filled with a rich diversity of housing types. In the historic center of the community, homes range from elegant Victorians to cozy bungalows. Around this central area, is a ring of attractive ranches and split-levels, and near the outer boundaries of the community, current developments boast custom-built homes. Multi-story apartment buildings are conveniently located near shopping and major traffic arteries.  

The settings for Bartlett homes are as varied as the houses themselves. Older homes line streets shaded by mature trees. New developments feature gently curving streets, which limit traffic and enhance security. Through all its stages of growth, Bartlett has retained its small-town warmth and character, assuring friendly neighbors and pleasant surroundings. 

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Real Estate Tips
Financing Your Home >Mortgage Terms

New mortgage loan products offer a more complex selection of terms. Lenders now offer mortgages that are blends of short-term ARMs and 30-year fixed-rate loans with a lower fixed-rate of interest for a period of five, seven or ten years. Be sure that you understand what happens at the end of the initial term before you sign on the dotted line for such a loan.

Many of these loans revert to a 1-year adjustable rate loan at the end of the initial term and can be adjusted once a year based on an index tied to the cost of money. You should know how much over the index your rate will be set and the limit or cap on how much your payments can increase. A "balloon" note requires the entire balance to be paid to the lender after the initial period of the loan ends. Most of these loans require the lender to guarantee to refinance the note at that point if payments have been timely. The lender should spell out how the re-finance rate will be determined and what costs will be involved. These loans can help you buy a more expensive house than you could afford with a 30-year fixed rate mortgage, but be sure that you understand the terms and the potential risks.

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Real Estate Trivia
Q 
During what great land boom (1919) did investors pay up to $25,000 for lots that had not yet been dredged up from the ocean?

A 
The Florida Land Boom--Carl Fisher founded Miami Beach that year and brought hundreds of investors to the state.
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Joe Stacy, REALTOR®, real estate agent and broker for Schaumburg, Hoffman Estates and Bartlett, Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Joe Stacy
Koenig & Strey Real Living

2570 W. Schaumburg Rd
Schaumburg, IL 60194
Main: 847-874-6731
Fax: 866-835-1124
Cell: 847-913-2606
Joe@JoeStacy.com


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