Home Buying in 60608 : Advice

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Evelyn Fred -…, Real Estate Pro in Chicago, IL
Evelyn Fred - (773) 981-2005 answered:
Which is better FHA (higher offer) or Conventional (lower offer)
Hello,

There are several perspectives to this questions, as evidenced below.

Depending on the "bidding" scenario, i.e. multiple offers, they are pretty common place now-a-days...a ... more
0 votes Share Flag Fri Dec 13, 2013 Home Buying in 60608
Larry Tollen, Real Estate Pro in Durham, NC
Larry Tollen answered:
BPO higher than Appraisal on Short Sale
The BPO means nothing to your lender and all their going to loan you money on is the appraisal at $91,000. In addition because it's an FHA appraisal it's married to the house for 6 mont ... more
0 votes Share Flag Tue Dec 10, 2013 Home Buying in 60608
Matt Hoyt, Real Estate Pro in 60035
Matt Hoyt answered:
No showings and no inspections?
run for your life! Its time to move on.
0 votes Share Flag Mon Dec 9, 2013 Home Buying in 60608
Ivan Sagel,…, Real Estate Pro in Chicago, IL
Ivan Sagel, ABR, SFR answered:
What lenders will provide mortgages for condos in buildings with less than 70% of the units sold or under contract?
Greg,

Talk to your Realtor. Often the builder has a relationship with a lender that can get this loan closed.

Best regards,

Ivan Sagel
312.515.7823
Ivan@atproperties.com
www ... more
0 votes Share Flag Wed May 15, 2013 Home Buying in 60608
Alan Maynie, Real Estate Pro in Chicago, IL
Alan Maynie answered:
Anyone have experience with the Partnership for New Communities incentives in Chicago?
The grant is actually called "Find Your Place in Chicago". It does still exist, although another organization is administering it, but is available only on select properties t ... more
0 votes Share Flag Mon Jan 28, 2013 Home Buying in 60608
Albert Cossy…, Real Estate Pro in Chicago, IL
Albert Cossyleon answered:
Where can if find property tax comparable around my house?
let me know if you are interested in an attorney team that charges about $150 and guarantees a discount or your money back.
0 votes Share Flag Wed Aug 8, 2012 Home Buying in 60608
Ivan Sagel,…, Real Estate Pro in Chicago, IL
Ivan Sagel, ABR, SFR answered:
Is MLS 08006787 back on the market?
Anna,

You are correct, it has been reactivated and the price has been reduced. If you want to make a cash offer, I can help you out. If your first offer was financed, they probably w ... more
1 vote Share Flag Tue Jul 31, 2012 Home Buying in 60608
Bill J Delig…, Real Estate Pro in Chicago, IL
Bill J Deligiannis answered:
Does anybody have advice about rental property in Pilsen?
Although your overall income will likely be greater w/ the 6 units, you can probably get longer term tenants (less turnover) w/ the larger units.

Run your numbers for both scenarios
... more
0 votes Share Flag Mon Jul 9, 2012 Investment Properties in 60608
Deborah Smith, Real Estate Pro in 60452
Deborah Smith answered:
Rent to Own
Rent to own usually does not work out for the buyer or the seller. I would first go to a mortgage broker and have yourself pre-approved to see how you stand with a mortgage. I have se ... more
0 votes Share Flag Tue Oct 18, 2011 Home Buying in 60608
Cecelia Marl…, Real Estate Pro in Chicago, IL
Cecelia Marlow answered:
If a house is approved for an FHA loan, that may just mean that it hasn't been inspected right?
Hello Rosario,
Typically homes are not FHA approved, they are FHA lending friendly. This means that typically the home is in move in condition, with no repairs needed. FHA inspecti ... more
0 votes Share Flag Thu Sep 8, 2011 Home Buying in 60608
Chibiutena, Other/Just Looking in Chicago, IL
Chibiutena answered:
Does any one familiar with bridgeport village?
Bridgeport village is pretty RACIST. I hope you didn't buy the property here.

I spent my whole life down the street and my mom used to like to take her after dinner walk there s ... more
0 votes Share Flag Wed Oct 20, 2010 Home Buying in 60608
Mok, Home Buyer in 60630
Mok answered:
Are there any differences between pre-qualify and pre-approve? How long will a pre-qualified or approval?
Thank you all for yourvaluable information. It really helps!
0 votes Share Flag Fri Jul 3, 2009 Home Buying in 60608
Brandon Schu…, Real Estate Pro in Westchester, IL
Brandon Schuppe answered:
I am looking for information on a home for sale on the 3235 S. Throop. Does anyone know how much was the?
Thank you and ..... good luck!
0 votes Share Flag Mon Jun 30, 2008 Home Buying in 60608
Marlene, Home Buyer in 01545
Marlene asked:
We are pre-qualIn 2004 we found an agent toe-mail listing in ch. under150 B2 zone, he did, It was perfect and was listed at 56 .
I blew it, lost his no. Are there any go-getters, I want Bridgeport Ch. 60608 B2 Zone or foreclosed single fam.Handy man is ok, get back to us Rock & Mar…
0 votes Share Flag Tue Feb 19, 2008 Home Buying in 60608
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