Home Buying in 60613 : Advice

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Matt Laricy, Real Estate Pro in Near North Side, Chi...
Matt Laricy answered:
I'm trying to find an condo building address, that has sold 1 and recently has another condo on the market. How do I find them both?
You can ask your Realtor to send them. You can google it. You can look in the tax records. Lots of options out there.
0 votes Share Flag Thu Nov 20, 2014 Home Buying in 60613
Brock Lee, Real Estate Pro in New York, NY
Brock Lee answered:
I am going to purchase a condo cash, what do I need to do if this is a private sale? no real estate involved
A few months ago my husband and I sold our home in Colorado and it was a bit difficult getting the HOA documents needed for our buyer. A family friend referred us to www.associationonl ... more
0 votes Share Flag Tue Feb 11, 2014 Home Buying in 60613
Todd Shissler, Real Estate Pro in Chicago, IL
Todd Shissler answered:
Can I view a property with one agent, and then work with a different agent on the contract?
Why are you switching back and forth? It is not fair to either agent. The agent that showed you the property is the one that is owed the commission.
0 votes Share Flag Thu Feb 6, 2014 Home Buying in 60613
Todd Shissler, Real Estate Pro in Chicago, IL
Todd Shissler answered:
What is everyones opinion of southport/addison intersection?
It is one of the best locations in the city! It has all of the shops of Southport and Wrigley is right around the corner. It also has one of the best public schools in the city. How cou ... more
0 votes Share Flag Thu Feb 6, 2014 Home Buying in 60613
Sarah Ziehr, Real Estate Pro in Chicago, IL
Sarah Ziehr answered:
I am 25 years old, married, with outstanding credit...are there any FTHB incentives for me in Chicago?
Hi Jared,

You will qualify for the smart move program with outstanding credit and if you and your wife make less than around $100k per year. In a nutshell, you can buy a place for ... more
0 votes Share Flag Sat Aug 25, 2012 Home Buying in 60613
Rob Weber, Real Estate Pro in Chicago, IL
Rob Weber answered:
How hard is it to clear up code violations when a basement was illegally converted into a duplex down?
Considering most (if not all) lenders will not let you close on this without the violations being cured (keep in mind I don't have a list of the violations so I can't be 100% ... more
0 votes Share Flag Mon Oct 24, 2011 Home Buying in 60613
Attorney Ranj…, Real Estate Pro in Chicago, IL
Attorney Ranj Mohip answered:
Any rhyme or reason to short sale timelines?
Bank of America runs their short sales through Equator.com, and I hate it. 90-120 days is typically what we see with BOA for approval. Of course, additional mortgages, judgments, arre ... more
2 votes Share Flag Fri Jan 7, 2011 Home Buying in 60613
Cheri, Home Buyer in Elgin, IL
Cheri answered:
Buyers out there: Have you taken advantage of the $8000 tax credit?
I PRAY THE PROGRAM IS EXTENDED THROUGH NEXT YEAR ....I am a 1st time home buyer TRYING to take advantage of the tax credit before it expires but havent closed yet. Every home I walk thr ... more
0 votes Share Flag Sat Aug 1, 2009 Home Buying in 60613
Chuck Stupar…, Real Estate Pro in Oak Brook, IL
Chuck Stuparits answered:
Seller and Buyer agree to cancel the contract and refund the earnest money...
As per manager, if you get a release of earnest money letter from both attorneys the earnest money must be released regardless of the reason for the cancellation of the sales contract.
1 vote Share Flag Mon Jul 27, 2009 Home Buying in 60613
Christopher.…, Real Estate Pro in Chicago, IL
Christopher.Thomas answered:
HOA is stating I need to have a window reinstalled that the previous homeowner had removed & boarded up. I
Dear Latonia,

I'd suggest speaking first with the attorney who handled your closing for you. If they can not assist you with resolution of this issue (which it sounds like might hav ... more
0 votes Share Flag Sat May 2, 2009 Home Buying in 60613
JonTheBanker, Real Estate Pro in Chicago, IL
JonTheBanker answered:
Does anyone know why development has stalled at 2 S Leavitt? Is this development doomed? Good investment or no
Just be careful M. I have first hand experience as to what can happen if you buy into a development that is undercapitalized. See the link below to the Tribune's interview of me and o ... more
0 votes Share Flag Tue Mar 3, 2009 Home Buying in 60613
Jeff Kropp, Real Estate Pro in Chicago, IL
Jeff Kropp answered:
Price off of List Price for Rehab Development
Thomas, it is clear from my answer that the term "dump" to me anyways means at cost. I did not presuppose anything- I asked for more details from Greg. There is in fact of a lot of de ... more
0 votes Share Flag Wed Dec 24, 2008 Home Buying in 60613
Ron Knoll, Real Estate Pro in 60622
Ron Knoll answered:
What do you think a reasonable initial offer and expected closing price would be on 4324 N. Dayton J in Uptown
Lisa~

I'd be happy to email you comps for the property. I have also researched tax records and see what they paid for it back in March of 2006. Just email me back and I could send yo ... more
0 votes Share Flag Sun Sep 28, 2008 Home Buying in 60613
Jim Roth, Real Estate Pro in Chicago, IL
Jim Roth answered:
Is there a general difference in expected appreciation between new construction versus gut renovation?
L - sorry for the delayed response. Building up to a alley can give you the desired extra width, however they will cut out a certain percentage of future buyers. I do have a some rec ... more
0 votes Share Flag Fri Aug 1, 2008 Home Buying in 60613
Jen W, Other/Just Looking in 60613
Jen W answered:
General tips on buying 2br condo with cash?
Thanks everyone for your helpful answers, I very much appreciate your time and thought!
0 votes Share Flag Sun Jul 27, 2008 Home Buying in 60613
Jason Stiltn…,  in 60657
Jason Stiltner answered:
Online Mortgage Amount?
I'm a licensed banker in Illinois and would be happy to answer your questions if you give me a call at 312-738-8503. Thank you.
0 votes Share Flag Sat May 24, 2008 Home Buying in 60613
Sheldon Saln…, Real Estate Pro in Chicago, IL
Sheldon Salnick answered:
Should I completely avoid buying a garden unit?
Hi Jason,

Before you purchase a garden apartment, I would suggest you consider a number of the apartment"s features that will ultimately determine if you can more readily resell the ... more
0 votes Share Flag Tue Apr 22, 2008 Home Buying in 60613
Mike Long, Real Estate Pro in Naperville, IL
Mike Long answered:
Seller paid closing costs?
Hi Jake. Here is what I tend to do when closing costs are involved. Let the seller know with your initial offer that you would like to take them up on their closing costs credit. The ... more
1 vote Share Flag Thu Mar 13, 2008 Home Buying in 60613
Russ, Home Buyer in 60613
Russ answered:
Buildings coming up RIGHT next to property I just bought... What should I expect from my Realtor?
Thanks for your insights Jim and Diane.

Yes, in the end, it's my name on the line and my purchase. I know this can be a slippery slope at times and that is why I tried to build a te ... more
0 votes Share Flag Wed Nov 7, 2007 Home Buying in 60613
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