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1550 Maple Ave , Lisle - IL 60532

About Stephanie Herbert

At some point in time, most home buyers searching on their own need the services of a professional real estate brokerage to actually move their purchase forward. In some cases, there is also another home or property that must be sold prior to the purchase of a next home or property. We are part of the community and are here to help both home buyers and home sellers!

Stephanie  Herbert

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Agent Advice

Retirement: A Real Estate Agent Niche

Retirement: A Real Estate Agent Niche

Everyone has a different idea regarding what they want to do when they lay down their burdens and walk into the golden light of retirement. Maybe you’ll buy an RV, and tour the country, stopping to camp in places all around the country. Maybe you’ll take up woodworking, and create beautiful, handcrafted works of art out of the remnants of fallen timber. ...

Homebuyer Tips

How To Keep Up With Your Mortgage Payment

How To Keep Up With Your Mortgage Payment

The day when you are looking to buy your first home has arrived and you are excited beyond belief. The American Dream of homeownership is finally becoming a reality, after all the sacrifices you’ve done in order to save money for this moment. Everyone gets excited in the beginning. I mean who wouldn’t when you know that, finally, there is a place you can ...

Homebuyer Tips

Living In Chesterfield VA

Living In Chesterfield VA

In the middle of Virginia is where you’ll find the unincorporated area of Chesterfield, the county seat of Chesterfield County. While the census-designated area shares the same name with the county to which it belongs, they are not the same place. The county is considerably larger than the unincorporated area of Chesterfield, Virginia and within Chesterfield ...

Agent Advice

How I Managed My Sleep Hours As A Real Estate Agent?

How I Managed My Sleep Hours As A Real Estate Agent?

 Sleep management is something that many people need to learn during their lifetime. A normal sleep schedule and a good sleep management are important in every line of work. University students struggle with getting enough sleep because they prioritize other social engagements or studying before sleep, thinking that their young age means that they are less affected ...

Agent Advice

Real Estate Niche: Rent

Real Estate Niche: Rent

If you are just starting out as a real estate agent or if you want to revitalize your business, there are plenty of opportunities in real estate that allow you to do just that. Going into rental property is just one of them. The US economy is influenced by many industries and real estate is one that plays a big role in it. A real estate license opens up a lot of ...

 

Real Estate Glossary Terms

  • Consideration

    (1) Anything of value given to induce a person or entity into entering a contract. It may be money, personal services, or the trading of property. A valid contract requires adequate consideration. (2) The amount actually received form the sale of securities of a real estate company after deductin ...

  • Earnest Money

    The logical definition of both words is almost enough to understand what is earnest money. Money is a form of exchange between people to assert value to something and Earnest equals something that shows or results from a sincere and intense conviction. You see where this is going? The term earnest ...

  • Retaliatory Eviction

    The tenant is forced to leave the premises if he complains about the poor condition of the apartment or office space he has leased. This type of eviction is illegal in many states. ...

  • Terminal Funding

    Former method of funding a pension plan. When employees retire, the employer sets aside a lump sum that will pay them lifetime monthly benefits. When determining the amount, these factors are considered life expectancy, the promised monthly benefit, and expected earnings on the sum set aside. The lu ...

  • Time And Distance Reinsurance

    Type of excess of loss reinsurance in which the insurance company (cedent) receives payments from its re-insurer in a specific pattern of payments. ...

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