Quinn, REALTORS® tout benefits of Welcome Home Illinois program

Gov. Pat Quinn was in southern Illinois on Thursday, April 24, 2014, to promote the Welcome Home Illinois program.

On hand for the event were Illinois REALTORS® including Meghan Aloffo and Jeff Moss, who talked about the importance of housing to the state’s economy and the benefits of the program.

Quinn made stops in Marion and Collinsville as part of the promotional tour.

REALTORS® including Jeff Moss were on hand for promotion of the Illinois Welcome Home program in Collinsville, Ill., on April 24, 2014. Gov. Pat Quinn was in attendance. Photo by Kyle Anderson.

The Welcome Home Illinois program is administered through the Illinois Housing Development Authority and:

  • Can offer up to $7,500 cash assistance to help with a downpayment.
  • Provides a 30-year, fixed-rate mortgage at a below-market interest rate.
  • And the effort provides several loan programs to choose from.

Those eligible for the program must pay $1,000 or 1 percent of the purchase price, whichever is greater, purchase a one- or two-unit property and live in the property as a primary residence.

The full details are outlined on the program’s website.

Quinn kicked off promotion of the program on April 14 with a trip to several northern Illinois cities. Illinois REALTORS® were on hand for the announcements there. He also discussed the program with REALTORS® during meetings held during IAR’s Capitol Conference and Lobby Day.

U.S. Rep. Shimkus meets with Illinois REALTORS®

Illinois REALTORS® met with U.S. Rep. John Shimkus on April 24, 2014, in Effingham. Pictured, left to right, are Doug Hartman Sr., a REALTOR® and Federal Political Coordinator; Congressman Shimkus; and Phil Chiles, president of the Illinois Association of REALTORS®.

The second of three Let’s Talk Real Estate events this week  took place Thursday, April 24, 2014 in Effingham with U.S. Rep. John Shimkus, R-Collinsville.

Shimkus represents the 15th Congressional District, which includes a wide swath of southern Illinois. Shimkus serves on the House Energy and Commerce Committee, and chairs the Subcommittee on Environment and the Economy.

Doug Hartmann Sr., with Century 21 Hartmann REALTORS® in Collinsville, facilitated the discussion with Shimkus. He serves as a Federal Political Coordinator, a role which has him act as a liaison with the congressman on issues of interest to Illinois REALTORS®.

More than 40 REALTORS® throughout the district attended the event, which covered topics including data security, mortgage affordability and tax policy.  Shimkus encouraged the crowd to stay engaged at the local level where topics like energy efficiency and fire sprinkler requirements can have a major impact on the affordability of a home.

The Let’s Talk series, which began last year, features discussions with federal lawmakers on real estate policy. The sessions also allow REALTORS® to share information about local market conditions.

REALTORS® met with U.S. Rep. Peter Roskam on Tuesday. A third Let’s Talk event will be held Friday with U.S. Rep. Luis Gutierrez in Chicago.

For more information, go here.

Industry Leaders Council hears from IDFPR official, author

Attending the Illinois Association of REALTORS® Industry Leaders Council were, from left to right, Manny Flores, acting director of the Illinois Department of Financial and Professional Regulation; Dean Rouso, of Baird & Warner and chair of the meeting; and Jill Johnson, IDFPR's real estate coordinator.

The Illinois Association of REALTORS® Industry Leaders Council kicked off on Wednesday, April 23, 2014, with a morning of presentations on real estate law and trends on the real estate business.

The meeting is for real estate firms with 50 or more agents. It met at the Chicago Marriott Oak Brook.

On the schedule are:

  • Manny Flores, acting secretary of the state Department of Financial and Professional Regulation.
  • Steve Murray, author of Game Changers: The Unfounded Fears and Future Prosperity of the Residential Real Estate Industry. Murray is with Real Trends.
  • John A. Kauerauf, IAR’s board counsel on the impact of the state’s Concealed Carry law and how it applies to real estate brokerages.

The meeting was to be chaired by Dean Rouso of Baird & Warner.

Legal webinar planned: Drones, Phones and Video

IAR’s legal team will discuss video and audio recordings by sellers of buyers, videos and photos recorded by buyers, a recent Illinois Supreme Court case regarding surveillance issues and commercial use of drones in the real estate brokerage industry.

The event is Tuesday, April 29, 2014 at 9:30 a.m.

If you have something you would like to hear about, you may send your question in advance to webinar@iar.org. Questions will be answered during the webinar; however, priority will be given to those received in advance.

Sign up for the members-only webinar here. (Login required.)