60617 : Real Estate Advice

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Nicoleedward…, Home Buyer in Glenwood, IL
Nicoleedwards31 asked:
Second time home buyer If I had fha loan 14yrs ago..Am I considered a new homebuyer if the 2nd home will be my primary home?
0 votes Share Flag Thu Apr 28, 2016 Home Buying in 60617
Jack Lewitz, Real Estate Pro in Lincolnwood, IL
Jack Lewitz answered:
If I purchased a house as a Short Sale, how long before I can sell it?
If there is any restriction it would be stated in the Short Sale Approval Letter. I have never seen one in any of the short sales that I have done. On the other hand Foreclosures will h ... more
0 votes Share Flag Tue Feb 2, 2016 Home Selling in 60617
Tony Garcia, Real Estate Pro in Wilmington, NC
Tony Garcia answered:
Fha loan with 546 credit and 10k down?
Look into Pacific Union, I think they can do this.
0 votes Share Flag Sun Apr 26, 2015 Financing in 60617
Matt Laricy, Real Estate Pro in Chicago, IL
Matt Laricy answered:
capital gains taxation
I would always discuss directly with an accountant on these issues. I think it is very personal and can lead to the best advice.
0 votes Share Flag Thu Feb 26, 2015 Home Buying in 60617
Matt Laricy, Real Estate Pro in Chicago, IL
Matt Laricy answered:
how do i find out if my sister privately took a 2nd mortgage out on our house at 2145 E 98th St. 60617
You can check it out in the cook county tax records.
0 votes Share Flag Thu Aug 21, 2014 Home Buying in 60617
Riccardo War…, Real Estate Pro in Bolingbrook, IL
Riccardo Wardlow answered:
Looking to invest in income properties in the 60617 area. Having trouble finding banks willing to do loans under 100k. Can anyone help?
we will go down to 50K

Riccardo Wardlow

Cross Country Mortgage
630-670-8266

RATED A+ WITH THE BBB

*We do Conventional loans down to a 620 score
*We do FHA loans down to a ... more
0 votes Share Flag Fri Apr 25, 2014 Financing in 60617
JIM Michaels, Real Estate Pro in Chicago, IL
JIM Michaels answered:
MY HUSBAND AND I WOULD LIKE TO REFINANCE ON OUR HOME AND PURCHASE ANOTHER ONE.BUT NOT SURE ON HOW TO PROCEED,AND IF THIS IS A WISE DECISION?
call Wesley at Our Team | United Equity Mortgage Corp.
www.unitedequity.us/our-team.html‎
15+ items - Wieslaw (Wesley) Jura Vice President. NMLS ID 225274 ...
Wieslaw (Wesley) ... more
0 votes Share Flag Mon Aug 19, 2013 Financing in 60617
Joanna Weiss, Real Estate Pro in Chicago, IL
Joanna Weiss answered:
We just quit-claimed my partner onto a two unit property in Chicago & its mortgage-free. Does my partner have to wait 6 mths to apply for a loan?
Yes, he will need to wait 6 months, because it would be condisered a cash out mortgage. This requires a 12 month chain of title. Basically, the lender will check the ownership of the ... more
0 votes Share Flag Thu Mar 21, 2013 Home Buying in 60617
Robert Chome…, Other/Just Looking in San Diego, CA
Robert Chomentowski answered:
my credit is 720 my fiance is 530 can we still get a home he is also a veteran who do we talk to?
On any loan with 2 borrowers the lender will use the lower of the two borrowers credit scores. 530 is too low. What is bringing his score down? Many times there are things that can b ... more
0 votes Share Flag Mon Mar 18, 2013 Home Buying in 60617
Joe Schiller, Real Estate Pro in Chicago, IL
Joe Schiller answered:
Can a current lawsuit by a seller prevent a buyer from purchasing another home?
your wasting your time.. a few years from now you might get your way..it's a big city..move on
0 votes Share Flag Mon Mar 18, 2013 Home Buying in 60617
Robert Pratt, Real Estate Pro in Chicago, IL
Robert Pratt answered:
do" squatters rights" still mean leagally that if no one wants an abandoned house you can take it for back taxes? Is this true in Illinois?
Hi there, Earvin!

Thanks for the question.

There are a couple of terms that it seems might be applicable - including "adverse possession."
That being said, this IS a le ... more
0 votes Share Flag Mon May 23, 2011 How To... in 60617
Bill O'hara,  in Chicago, IL
Bill O'hara answered:
I live in Chicago and I am having a garage built. I was told I can't have a garage 20 x 24 in the city. Is this true? Please Help!
you can go to a city of Chicago neighborhood office for help with a project of this size. They can tell you what permits you need and how much they cost. If you have a single family hom ... more
0 votes Share Flag Tue May 4, 2010 Remodel & Renovate in 60617
Marc Jacobs,  in Chicago, IL
Marc Jacobs answered:
Bank or Mortgage Lender? Without having a score as high as 700, what should I do?
Of Course I may be biased, but I think a broker is your best choice. A bank has very rigid guidelines, and unless you fit into the whole perfectly, you will eihter not get approved or ... more
1 vote Share Flag Thu Jun 25, 2009 Home Buying in 60617
Louis Jeffri…, Other/Just Looking in Matteson, IL
Louis Jeffries answered:
I would like to list my townhouse for sale on your site or rent to own.
Hi Cheri,
I see you are looking to sell your home. It also seems as you would do a rent to own contract. In todays market the lease option or land contract may be a viable solution. I ... more
0 votes Share Flag Wed Sep 10, 2008 Home Selling in 60617
Louis Jeffri…, Other/Just Looking in Matteson, IL
Louis Jeffries answered:
I want to sell a multi-unit property in 60617 area
Hi Luis, I am a mortgage banker and I do a lot of work on the south and southeast side of Chicago. First question i have is how many units is the property and does it need work. Those a ... more
0 votes Share Flag Wed Sep 10, 2008 Home Selling in 60617
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