Home Buying in 60624 : Real Estate Advice

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Brittany898, Home Buyer in San Francisco, CA
Brittany898 answered:
Hello, can someone help clarify 203k repair requirements?
The experts at Prospect Mortgage can answer all of your specific questions about the types of repairs and renovations that you can undertake when you finance your home with a 203(k) Ren ... more
2 votes Share Flag Thu May 7, 2015 Home Buying in 60624
Carriedia, Home Buyer in San Francisco, CA
Carriedia answered:
as is Appraisal versus FHA 203k Aprasial
FHA 203k Appraisal Guidelines:

An appraisal conducted by a licensed and approved FHA appraiser is needed for underwriting a 203k loan. All residential home loan programs including VA ... more
0 votes Share Flag Wed May 6, 2015 Home Buying in 60624
Santiago Ken…, Real Estate Pro in Chicago, IL
Santiago Kensel Sanchez answered:
Property Appraisal report
The appraisals can write any comment they want related to property market value , and plus now they are doing comments in property condition .
for more info go to http://www.Chicago-ap ... more
0 votes Share Flag Tue Jul 23, 2013 Home Buying in 60624
Bob Brandt, Real Estate Pro in Schaumburg, IL
Bob Brandt answered:
Cash, full price 300K offer (w/ appraisal contingency) rejected by Fannie. Fannie's ctr to one accepted offer rejected by buyer. Bid open
Too many buyers and not enough homes. Expect some price appreciation as a result of the current market and look ahead to where the value will be in 6 months. That will be a better guide ... more
0 votes Share Flag Fri Apr 26, 2013 Foreclosure in 60624
Mike Opyd, Real Estate Pro in Chicago, IL
Mike Opyd answered:
100% list price offer rejected on foreclosure
My guess is you lost out to a cash offer. Cash is king and typically will beat financing offers since its more guaranteed of a closing than a financing offer is. Not your fault.
0 votes Share Flag Thu Apr 18, 2013 Foreclosure in 60624
Mary Laurent, Real Estate Pro in Chicago, IL
Mary Laurent answered:
I'm in the process of signing agreements with a FHA consultant regarding fees charged for an FHA203k contractor draws.
Please contact our Guaranteed Rate 203k Reha department - they are experts in anwering questions regarding this FHA program
Aimee Renkes
Vice President of Mortgage Lending
203k Rehab ... more
0 votes Share Flag Fri Feb 15, 2013 Home Buying in 60624
Ifeta,  in Chicago, IL
Ifeta answered:
Rent loss insurance?
I think you should contact ins agent to get correct answer. I use ALLSTATE they are the best 773-282-9280
Zlatko or Nerm will be very helpfull. Good luck!

Ifeta Faye Redzovic R E ... more
0 votes Share Flag Sat Dec 26, 2009 Home Insurance in 60624
Kale  Realty, Real Estate Pro in Chicago, IL
Kale Realty answered:
How can I find out if a property is in foreclosure, some of the condos seem too good to be true?
hello - check out www.ccrd.info and type in the pin number to see if the bank has filed a lien on the property. Let me know if you need any help

good luck!
0 votes Share Flag Wed Aug 20, 2008 Foreclosure in 60624
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