Home Selling in Chicago : Real Estate Advice

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Cathryn Brow…, Real Estate Pro in Chicago, IL
Cathryn Browne answered:
If my house has been on the market for a year with more than 6 significant price reductions, is it time to change realtors, price again or both?
All of the above but it doesn't mean another price reduction. Have fresh eyes look at the house. Get their opinion of value, staging and condition and go from there.
0 votes Share Flag Mon Jul 18, 2016 Home Selling in North Center
Jeff Nobleza, Real Estate Pro in Evanston, IL
Jeff Nobleza answered:
Liability of HOA/Property Management company for an erroneous 22.1 disclosure and erroneous PAL?
HOA's and management companies have been sued in the past due to situations like you describe. You are willing to pay for a lawyer and hoping to be made whole after you win I recommend ... more
0 votes Share Flag Mon Jun 27, 2016 Home Selling in 60613
MCM_STL, Home Buyer in Saint Louis, MO
MCM_STL answered:
Does changing a house's interior wall colors to neutral really help selling.?
I absolutely think painting is worthwhile. If you haven't painted in a few years and particularly if you have kids, your walls are probably grosser than you realize. I just finished rep ... more
0 votes Share Flag Thu Jun 9, 2016 Home Selling in Chicago
Bob Brandt, Real Estate Pro in Schaumburg, IL
Bob Brandt answered:
How do I calculate estimated closing costs of a sale of condo for $325,000?
It could be a 20-30 minute conversation with the Realtor or lawyer most familiar with your transaction and property. There are many variables....
0 votes Share Flag Wed Jun 8, 2016 Home Selling in Chicago
Bob Brandt, Real Estate Pro in Schaumburg, IL
Bob Brandt answered:
If property sale negotiations are still active under a Rider, can the seller back out at any time?
Your Realtor should advise you on this, as it can be more complicated even though your question tries to simplify it.
0 votes Share Flag Mon May 23, 2016 Home Selling in Chicago
Jjaskoske, Home Buyer in Chicago, IL
Jjaskoske asked:
Can school information be update? A school was rated as average with a 9/10 score and the home owners want to know if it can be changed to above average.
0 votes Share Flag Fri May 13, 2016 Home Selling in Chicago
Melissa Dyks…, Home Buyer in Seattle, WA
Melissa Dyksterhouse answered:
I posted this home on Zillow. I how do I edit to say pending and cancel open house that we have scheduled for 5/1/16?
Hello,
Listings will update on Trulia within 24 hours once you edit it on Zillow. If this information has still not updated on Trulia, please reply with the complete property address s ... more
0 votes Share Flag Wed Apr 27, 2016 Home Selling in 60805
Alicia O'Too…, Real Estate Pro in Chicago, IL
Alicia O'Toole answered:
How much could I expect to lose by not painting inside my house before selling? I would wash all the walls. Won't the buyer will be painting
Hi Jpeerhaas,

I think the most important question is what color are your walls now? If they aren't neutrals, you may want to consider painting some, if not all. Another important que ... more
0 votes Share Flag Thu Apr 7, 2016 Home Selling in 60625
John Meyers, Real Estate Pro in Park Ridge, IL
John Meyers answered:
Is it worth renovating my basement before selling?
Hello Jenny,

If you like your neighborhood and the basement is dry, I would update.

However, if you don't want to deal with 6 months of noise, contractors, and dust, you should gi ... more
0 votes Share Flag Wed Mar 9, 2016 Home Selling in 60611
John Meyers, Real Estate Pro in Park Ridge, IL
John Meyers answered:
how do I find comparables for an address?
Hello Nancy,

Simply contact me with the address and a few details and I can prepare a comp report for you within a couple hours.

Sincerely,
John Meyers (Meyers Realty, MeyersRea ... more
0 votes Share Flag Tue Mar 8, 2016 Home Selling in 60605
Karen Peyton, Real Estate Pro in Chandler, AZ
Karen Peyton answered:
Will I owe capital gains on a condo sold in Chicago if I apply the sale amount to the principal of a mortgage here in California?
Unless "primary residence" rules apply, the only way to avoid taxes on a rental home is to do a 1031 Exchange in which you roll the proceeds from one income property to purchase another ... more
0 votes Share Flag Thu Mar 3, 2016 Home Selling in 60626
Jill Jamieson, Home Buyer in Chicago, IL
Jill Jamieson asked:
How do I delete a fraudulent listing on your site? My apartment is listed as for sale by owner on your site and it is not for sale.
0 votes Share Flag Sun Feb 21, 2016 Home Selling in Chicago
re.investor, Home Buyer in The Villages, FL
re.investor answered:
Can a real estate company keep all earnest money in the case of buyer breach?
Depends on the contract. Coldwell Banker contract says they get the money first for expenses and commission and if anything left, to the seller. This is grossly unfair. No other busi ... more
0 votes Share Flag Thu Feb 11, 2016 Home Selling in Chicago
Lindsay Kronk, Real Estate Pro in Chicago, IL
Lindsay Kronk answered:
what is my house worth? Linc Sq frame 2 flat 60625
Without a tour of the property, no agent should be able to truly give you a value. I'd be happy to visit your property, run a thorough comparative market analysis, and give you an accur ... more
0 votes Share Flag Sun Feb 7, 2016 Home Selling in Chicago
Jessica, Renter in New York, NY
Jessica asked:
How do I become an Reo agent/broker for trulia properties? How can I become an Reo agent for Trulia properties
0 votes Share Flag Thu Feb 4, 2016 Home Selling in Chicago
John Meyers, Real Estate Pro in Park Ridge, IL
John Meyers answered:
I accepted a contract from a buyer. He then never had time to bring earns money or commitment letter. Should his agent of known about problems and do?
The commitment letter should have been provided along with the offer. -- The buyer's agent should have been in close communication with your agent about getting the earnest money check. ... more
0 votes Share Flag Wed Feb 3, 2016 Home Selling in Chicago
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