See a local real estate agent who can send you an automated e-mail of listings based on your selected criteria: location , price, size, school, etc. Your local agent can also assist you in connecting with a local lender to work out the loan prequalification which should help your in refining your search of a home.... more
I never cease to be amazed with the questions asked here on Trulia, and honestly Moira I was concerned about your motive. It's personal. I have ties to Chicago and despite no longer living there, I have loyalty.
Then - as you will see - I got "over" myself - and went "digging" for the information.
Here are education levels for zip code 60625 from an online source:
20% have attained a 2-year degree, 24% a bachelors degree, and 15% a post graduate degree.
Despite not knowing the source"s reliability and how recent the stats are, the numbers for a bachelors degree and post graduate degree are higher than those for the entire state of Illinois.
due diligence questionWe are selling our small115 year old house, and got a cash offer within 3 weeks. We agreed on a 10 day due diligence period, but our buys took 12 days, and then gave us a ridiculous list
Since housing is SO expensive in NY, any seller here will want both (large down payment + higher offer price). As a buyer, you have to work within your budget and the limitations of your pre-approved mortgage letter. Your best recourse is don't worry about the size of a down payment or the offer price. Find a home that you feel comfortably financially since you will be the one making the monthly payments. Then review the comparables so you can submit an offer that will be accepted. You should have a 10% down payment to have the seller take your offer seriously. Further, make sure you have money to cover the closing costs.
Home building with poor credit scoreI have poor credit because I have no credit, I have nothing helping my credit and only thing on my credit is a student loan, The student loan is in great condition, I have a nice lot of