May 2022 WSP Newsletter

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Wenzel Select Properties Newsletter-Vol 12 Issue 5
(630) 430-4790

A Hundred Houses and Counting

“A couple is ready for an upgrade so they can grow their family in the Chicago suburbs. They’ve seen over a hundred houses with no luck, so one of them may need to adjust their expectations in order to finally get into a new home.”

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Three Questions to Ask Before
Buying a Flipped House


Most consumers are familiar with the concept of house flipping, thanks to a variety of reality shows. Smart, seasoned investors will renovate a house to be move-in ready and then sell at tight profit-margins to make a quick sale. But how does a buyer know if a flipped home is a solid buy or a real rip-off? When it comes to buying a flipped house, asking these three big questions will help ensure you don’t… Read More

Foundation Damage Is Costly to Repair, Here’s How to Identify It


Foundation issues are the most common type of property damage. According to the National Association of Home Builders, foundation damage accounts for approximately 34% of home repairs. While foundation repair is the second-most expensive type of repair after major structural repairs, it’s a critical problem to fix. If left alone, these issues can lead to more serious structural problems, such as cracksRead More

Housing Affordability Declining, but Buyer Demand Remains High


Buyers looking to enter the housing market are being hit with both rising mortgage rates and sustained price increases, which are both negatively impacting housing affordability. According to Lawrence Yun, National Association of Realtors’ (NAR) chief economist, some buyers “who had previously qualified at a 3% mortgage rate are no longer able to buy at the 4% rate.” In addition, monthly payments have increased by 28%Read More

Buyer’s, Don’t Make These Mistakes in a Seller’s Market


Buying a home is an exciting yet daunting experience at the best of times, buying one in the midst of a blistering seller’s market takes it to an entirely new level. Be a step ahead of the game by knowing how to avoid some common mistakes.

1. Not Getting a Mortgage Pre-Approval
With so many offers coming their way, sellers have the luxury of picking the cream of the crop. Prove your ability to buy the house by getting pre-approved by a lender.Pre-approval, which involves pulling your credit and going over your financial statements, is different from pre-qualification, which is… Read More


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Featured Testimonial

by Tori


I loved working with Lisa! She made such a great effort to customize her search to exactly I was looking for. She took time to show me around, explain the pros and cons of each place, and focus on the things I wanted/needed. The communication throughout the entire process made me feel comfortable and always in the loop. It moved so quickly and so efficiently, I would definitely recommend Lisa to others and come back!

April Happenings

Congratulations to
on the purchase of his new home!

Congratulations to
Jonathan & Kristen
on the purchase of their new home!

Congratulations to
The LaSaker Family
on the sale of their property!

Congratulations to
on the sale of their property!

Congratulations to
Clinton & Melissa
on the purchase of their new home!

Thank you for allowing WSP to assist you with your most valueable investment.

Lisa M. Wenzel
Managing Real Estate Broker

Spring Cleaning 101


Start From the Top: Start with your tallest shelf and work your way down until everything in the room has been dusted, washed, or wiped. This is the most effective way to clean because any excess dust or grime you don’t get on the first round will be waiting for you on lower surfaces. Always start your cleaning routine with a thorough dusting and end by sweeping, mopping or vacuuming your floors.

What Lies Beneath: Be prepared to move everything you own. It’s amazing how much dirt, dust, and dander can accumulate under your couch, behind a hutch, or even underneath that pretty flower vase. Just because you can’t see the dust doesn’t mean it’s… Read More

Featured Listings

3 S 12th St. St. Charles, IL
3 bed, 1.1 bath, 3 car garage, full of vintage charm!

1313 Rebecca Unit 110 Lombard, IL
2 bed, 1.1 bath, first floor condo & private entrance!

7 Pennsbury Ct. Bolingbrook, IL
4 bed, 2.1 bath, spacious rooms, fenced yard, cul-de-sac location!

1640 Royal Oak Rd Unit 5 Darien, IL
2 bed, 2 bath, 2 car garage condo with golf course views!
Designated Managing Broker: Lisa Wenzel – 630 430-4797
Broker: Melissa Mathis – 630 392-5171
Broker: Danny Reed – 708 703-4653
Broker: Catherine Lopez – 630 981-4572
Broker: April Stary – 630 962-4820
Broker: Nina Rodriguez – 224 587-0780
Broker: Eumeka Aguado – 847 513-4433
Harmanpreet Singh – 630 440-1578
Team Wenzel, 1120 Norfolk Street,
Downers Grove IL 60516
The material in this publication is provided for your informational purpose only and is not intended to substitute professional advice.
If your property is currently listed with a Real Estate Broker, this publication is not intended as a solicitation.

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