Northwest Home Equity Assurance Program

07/30/2021

Summertime Chicago! 🌝 - https://mailchi.mp/nwheap/summertimechi

Summertime Chicago! 🌝 - https://mailchi.mp/nwheap/summertimechi

07/05/2021

The Northwest Home Equity Assurance Program is financed by an annual levy of not more than .12% of the total equalized assessed valuation on all single- through six-unit residential properties within the Northwest Home Equity District. The only precincts taxed are those involved in the Program—and those precincts voted overwhelmingly to participate.

#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues

The Northwest Home Equity Assurance Program is financed by an annual levy of not more than .12% of the total equalized assessed valuation on all single- through six-unit residential properties within the Northwest Home Equity District. The only precincts taxed are those involved in the Program—and those precincts voted overwhelmingly to participate.

#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues

07/02/2021

About
Home Equity is a neighborhood-funded, neighborhood-run program. It was approved in 1988 by an overwhelming majority of voters on the northwest side of Chicago. When it comes to fostering stability in your community, the Northwest Home Equity Assurance Program provides protection that you and your neighbors can live with…literally! Created by state statute, Home Equity guarantees you won’t lose any money if your property falls below its current fair market value. This unique program has established an outstanding record for helping neighborhoods to:
. Put a stop to panic peddling
. Discourage rapid property turnover
. Build homeowner confidence
. Encourage home investment
. Promote the appreciation of home values

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#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues #homeownership #homebuying #realestategoals #realestatetips
#taxpreparer #stability #communityspirit #homeimprovement #plantcommunity #itsfree #comingtogether #grantwriting #loan #propertymanagers #propertyservices #faq #thursdaythoughts

About
Home Equity is a neighborhood-funded, neighborhood-run program. It was approved in 1988 by an overwhelming majority of voters on the northwest side of Chicago. When it comes to fostering stability in your community, the Northwest Home Equity Assurance Program provides protection that you and your neighbors can live with…literally! Created by state statute, Home Equity guarantees you won’t lose any money if your property falls below its current fair market value. This unique program has established an outstanding record for helping neighborhoods to:
. Put a stop to panic peddling
. Discourage rapid property turnover
. Build homeowner confidence
. Encourage home investment
. Promote the appreciation of home values

.
.
.
.
.
#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues #homeownership #homebuying #realestategoals #realestatetips
#taxpreparer #stability #communityspirit #homeimprovement #plantcommunity #itsfree #comingtogether #grantwriting #loan #propertymanagers #propertyservices #faq #thursdaythoughts

06/30/2021

Established in 2019, the low to no home interest loan program offers members of the Northwest Home Equity Assurance Program access to Home Equity Lines of Credit to be used for home improvement starting at 0%

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#nwheap #homeprices #equity #expertanswers #tuesdaythoughts

Established in 2019, the low to no home interest loan program offers members of the Northwest Home Equity Assurance Program access to Home Equity Lines of Credit to be used for home improvement starting at 0%

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#nwheap #homeprices #equity #expertanswers #tuesdaythoughts

06/29/2021

61.4% of the average American family’s net worth is in their home’s equity. Buying a home today ensures your family’s financial wealth for generations to come!

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#nwheap #homeprices #equity #expertanswers

61.4% of the average American family’s net worth is in their home’s equity. Buying a home today ensures your family’s financial wealth for generations to come!

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#nwheap #homeprices #equity #expertanswers

06/27/2021

Established in 2019, the low to no home interest loan program offers members of the Northwest Home Equity Assurance Program access to Home Equity Lines of Credit to be used for home improvement starting at 0%.
When a prospective applicant – who has been determined to be eligible – requests information on the HILP, the staff of Northwest Home Equity Assurance Program will provide a list of participating financial institutions as well as brochure further detailing additional requirements and describing the loan program.

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#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues

Established in 2019, the low to no home interest loan program offers members of the Northwest Home Equity Assurance Program access to Home Equity Lines of Credit to be used for home improvement starting at 0%.
When a prospective applicant – who has been determined to be eligible – requests information on the HILP, the staff of Northwest Home Equity Assurance Program will provide a list of participating financial institutions as well as brochure further detailing additional requirements and describing the loan program.

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#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues

06/26/2021

The mission of the Northwest Home Equity Assurance Program is to provide community stabilization.

Established in 2019, the low to no home interest loan program offers members of the Northwest Home Equity Assurance Program access to Home Equity Lines of Credit to be used for home improvement starting at 0%

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#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues

The mission of the Northwest Home Equity Assurance Program is to provide community stabilization.

Established in 2019, the low to no home interest loan program offers members of the Northwest Home Equity Assurance Program access to Home Equity Lines of Credit to be used for home improvement starting at 0%

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#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues

06/25/2021

The Home Improvement Loan Program is a membership benefit offered by the Northwest Home Equity Assurance Program. An individual and/or household desiring to make an application to the program must first become a member of the Northwest Home Equity Assurance Program.

An eligible applicant may not borrow more than the amount of equity value in her or his residence; that value is established by an independent appraisal.

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#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues

The Home Improvement Loan Program is a membership benefit offered by the Northwest Home Equity Assurance Program. An individual and/or household desiring to make an application to the program must first become a member of the Northwest Home Equity Assurance Program.

An eligible applicant may not borrow more than the amount of equity value in her or his residence; that value is established by an independent appraisal.

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#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues

06/24/2021

An appraiser will contact you for an appointment approximately four weeks from the date of registration. After the Home Equity office has received the appraisal, you will be notified to appear in person to receive your copy along with a certificate of participation in the program.

Follow us 👉🏼🏘️👉🏼 @nwheap
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#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues #homeownership #homebuying #realestategoals #realestatetips
#taxpreparer #stability #communityspirit #homeimprovement #plantcommunity #itsfree #comingtogether #grantwriting #loan #propertymanagers #propertyservices #faq #wednesdaywisdom

An appraiser will contact you for an appointment approximately four weeks from the date of registration. After the Home Equity office has received the appraisal, you will be notified to appear in person to receive your copy along with a certificate of participation in the program.

Follow us 👉🏼🏘️👉🏼 @nwheap
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#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues #homeownership #homebuying #realestategoals #realestatetips
#taxpreparer #stability #communityspirit #homeimprovement #plantcommunity #itsfree #comingtogether #grantwriting #loan #propertymanagers #propertyservices #faq #wednesdaywisdom

06/23/2021

Home Equity is a neighborhood-funded, neighborhood-run program.
It was approved in 1988 by an overwhelming majority of voters on the northwest side of Chicago. When it comes to fostering stability in your community, the Northwest Home Equity Assurance Program provides protection that you and your neighbors can live with…literally!
Created by state statute, Home Equity guarantees you won’t lose any money if your property falls below its current fair market value.
This unique program has established an outstanding record for helping neighborhoods to:

.
.
.
.
.
#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues

Home Equity is a neighborhood-funded, neighborhood-run program.
It was approved in 1988 by an overwhelming majority of voters on the northwest side of Chicago. When it comes to fostering stability in your community, the Northwest Home Equity Assurance Program provides protection that you and your neighbors can live with…literally!
Created by state statute, Home Equity guarantees you won’t lose any money if your property falls below its current fair market value.
This unique program has established an outstanding record for helping neighborhoods to:

.
.
.
.
.
#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues

06/22/2021

If you're a homeowner or aiming to be one someday soon, you probably know that having home equity is a good thing.
However, beyond that, many people start to lose track. That's why we've taken it upon ourselves to solve the mystery of home equity once and for all.
Use your home equity to strength your homes value!

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#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues

If you're a homeowner or aiming to be one someday soon, you probably know that having home equity is a good thing.
However, beyond that, many people start to lose track. That's why we've taken it upon ourselves to solve the mystery of home equity once and for all.
Use your home equity to strength your homes value!

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.
.
.
.
#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues

06/20/2021

Make it happen with a home equity loan!

The mission of the Northwest Home Equity Assurance Program is to provide community stabilization.

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#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues

Make it happen with a home equity loan!

The mission of the Northwest Home Equity Assurance Program is to provide community stabilization.

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#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues

06/19/2021

If I sign up for this program, will it cause an increase in my tax assessment?

No. The appraisal you receive is confidential and the data will not be released to the Cook County Assessor.

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#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues #homeownership #homebuying #realestategoals #realestatetips
#taxpreparer #stability #communityspirit #homeimprovement #plantcommunity #itsfree #comingtogether #grantwriting #loan #propertymanagers #propertyservices #faq

If I sign up for this program, will it cause an increase in my tax assessment?

No. The appraisal you receive is confidential and the data will not be released to the Cook County Assessor.

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#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues #homeownership #homebuying #realestategoals #realestatetips
#taxpreparer #stability #communityspirit #homeimprovement #plantcommunity #itsfree #comingtogether #grantwriting #loan #propertymanagers #propertyservices #faq

06/18/2021

Unlike prequalification, preapproval is a more specific estimate of what you could borrow from your lender and requires documents such as your W2, recent pay stubs, bank statements and tax returns.
The lender will then use these documents to determine exactly how much you can be preapproved to borrow.
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#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues

06/17/2021

Please click the link below to join the webinar:
https://us02web.zoom.us/j/83202954762?pwd=ZU9xdTdJZTdOUGowZnVSSGp0bXBzdz09
Passcode: NWHEAP21
Or Telephone: US: +1 312 626 6799 or +1 301 715 8592 or +1 929 205 6099 or +1 253 215 8782 or +1 346 248 7799 or +1 669 900 6833
Webinar ID: 832 0295 4762
Passcode: 78134055

Please click the link below to join the webinar:
https://us02web.zoom.us/j/83202954762?pwd=ZU9xdTdJZTdOUGowZnVSSGp0bXBzdz09
Passcode: NWHEAP21
Or Telephone: US: +1 312 626 6799 or +1 301 715 8592 or +1 929 205 6099 or +1 253 215 8782 or +1 346 248 7799 or +1 669 900 6833
Webinar ID: 832 0295 4762
Passcode: 78134055

06/17/2021

Your home's equity holds the key to your dream!
It has lower interest rates than other loans. They also typically come with a fixed interest rate. It is an easy way to get a large sum of money in a short time.

It is a secured loan that is secured by your house value.

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#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues

Your home's equity holds the key to your dream!
It has lower interest rates than other loans. They also typically come with a fixed interest rate. It is an easy way to get a large sum of money in a short time.

It is a secured loan that is secured by your house value.

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.
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#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues

06/16/2021

First, file a “Notice of Intent to Sell” when planning to put your property on the market. To qualify for benefits, the member must file the “Notice of Intent to Sell” 5 or more years after the registration date, at which time Home Equity will provide an appraisal (free of charge!) to determine a reasonable selling price. You may then list the guaranteed property with a real estate broker of your choice for up to 90 days following the listing date. During the listing period the member will forward all offers by registered mail or personal delivery to the Governing Commission.

If an offer is received that is less than the guaranteed value, the Governing Commission shall, within 3 working days, approve the offer and guarantee payment of the difference, or reject the offer instructing the member to continue showing the property until 60 days are completed. Any payments will be made after title to the property has passed to the purchaser.

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#nwheap #homeprices #equity #expertanswers

First, file a “Notice of Intent to Sell” when planning to put your property on the market. To qualify for benefits, the member must file the “Notice of Intent to Sell” 5 or more years after the registration date, at which time Home Equity will provide an appraisal (free of charge!) to determine a reasonable selling price. You may then list the guaranteed property with a real estate broker of your choice for up to 90 days following the listing date. During the listing period the member will forward all offers by registered mail or personal delivery to the Governing Commission.

If an offer is received that is less than the guaranteed value, the Governing Commission shall, within 3 working days, approve the offer and guarantee payment of the difference, or reject the offer instructing the member to continue showing the property until 60 days are completed. Any payments will be made after title to the property has passed to the purchaser.

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#nwheap #homeprices #equity #expertanswers

06/15/2021

The Home Improvement Loan Program is a membership benefit offered by the Northwest Home Equity Assurance Program. An individual and/or household desiring to make an application to the program must first become a member of the Northwest Home Equity Assurance Program.
• This condition is not intended to exclude the repair, maintenance, remodeling, alteration or improvement of the landscape of a “guaranteed “ residence.
• This condition is intended to exclude the construction of a new residence.
• At a member’s request and NWHEAP’s approval, the Commission will provide him or her a Certificate of Participation. An eligible applicant will be required to sign an Affidavit Certificate affirming that the loan received under the HILP will be used by the purposes intended.

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#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues

The Home Improvement Loan Program is a membership benefit offered by the Northwest Home Equity Assurance Program. An individual and/or household desiring to make an application to the program must first become a member of the Northwest Home Equity Assurance Program.
• This condition is not intended to exclude the repair, maintenance, remodeling, alteration or improvement of the landscape of a “guaranteed “ residence.
• This condition is intended to exclude the construction of a new residence.
• At a member’s request and NWHEAP’s approval, the Commission will provide him or her a Certificate of Participation. An eligible applicant will be required to sign an Affidavit Certificate affirming that the loan received under the HILP will be used by the purposes intended.

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#nwheap #homeprices #equity #expertanswers #homepriceappreciation #affordability #realestate #homevalues