60615 : Real Estate Advice

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Bob Brandt, Real Estate Pro in Schaumburg, IL
Bob Brandt answered:
What are the chances of getting a FHA spot approval processed?
They do not do them anymore and the question is over 5 years old.....
0 votes Share Flag Sat Jun 27, 2015 Financing in 60615
Josh Barnett, Real Estate Pro in Chandler, OK
Josh Barnett answered:
My Fiancee and I are both students (nursing and medical). Our credit is building, would we be able to get a mortgage for land, and a pre fab home?
Speak with a local lender and complete their loan application to know what products are available for you.
0 votes Share Flag Sat Jun 27, 2015 Home Buying in 60615
Mark's Of Ex…, Real Estate Pro in Chagrin Falls, OH
Mark's Of Excellence Team answered:
What do underwriters look for in manual underwriting a a mortgage?
They look at income, debt, length of credit, as well as payment history.
Mark J Baughman, Realtor (R)
Owner
"MARKS OF EXCELLENCE" Team
Executive Club, 100% Club, Million Dollar Clu ... more
0 votes Share Flag Sat Jun 27, 2015 Home Buying in 60615
Mark's Of Ex…, Real Estate Pro in Chagrin Falls, OH
Mark's Of Excellence Team answered:
Still Waiting on Wells Fargo.
Wells Fargo is terrible. Their service is sub par and they take forever! Find a different lender ASAP
0 votes Share Flag Sat Jun 27, 2015 Home Buying in 60615
Matt Laricy, Real Estate Pro in Chicago, IL
Matt Laricy answered:
Iam looking for a reliable property manager for my 2 condos in the Bronzville area. Please let me know. Thanks
I really like Owl Management. They are very good at this.
0 votes Share Flag Wed Dec 3, 2014 General Area in 60615
Christopher…,  in New York, NY
Christopher Gravillis answered:
Im looking for a rent with the option to buy townhome, condo, apartment in 60615 area, I need help!
Hi Rolanda,

Check out this site: http://www.rent-to-own-local.com they do rent2own in a number of areas.
0 votes Share Flag Tue Feb 4, 2014 For Rent in 60615
Naketa Washi…,  in Chicago, IL
Naketa Washington, MBA answered:
I am closing on a 2bed 2bath condo on E49th near the university. I would be looking for a tenant and I am looking for someone to work with
Hi! I specialize in leasing residential properties on the south side and I would love to help! Call me at 773 768 8300 X 271. I look forward to speaking with you.
0 votes Share Flag Wed Oct 30, 2013 For Rent in 60615
JIM Michaels, Real Estate Pro in Chicago, IL
JIM Michaels answered:
anyone have a one bedroom in the bronzeville area for 600/month like 35th street to about 51st?
email me at jmichaels@remax.net and I will see what I can send over
0 votes Share Flag Wed May 8, 2013 Rentals in 60615
Patty Harris…, Real Estate Pro in Naperville, IL
Patty Harrison answered:
I did all 3 credit score on 6/19/11. Equifax 610,TransUnion 604, Experian 596. What is the credit for buying a home?
Hi Mary:


Please let me know if you are still looking to get prequalified. We work with lenders that allow for scores as low as 580! Please visit our website www.smartmortgageinc. ... more
0 votes Share Flag Fri Mar 8, 2013 Home Buying in 60615
Deborah Smith, Real Estate Pro in Oak Forest, IL
Deborah Smith answered:
Looking to possibly sell a 3 bed 2 bath condo in Hyde park.
In selling you have closing costs and a possible contribution to the buyer for their closing costs. It is best to contact a realtor to run a market analysis for the area and than go fr ... more
0 votes Share Flag Tue Jan 29, 2013 Home Selling in 60615
Terry Perdue, Real Estate Pro in Chicago, IL
Terry Perdue answered:
Is buying a Condo in Hyde Park, IL a good idea?. I am a first time home buyer wanting to purchase a condo for
Any home purchase is a good idea, whether you are in Hyde Park or West of Hyde Park, it is a good idea. If that is the home for your, purchase it and enjoy. Hyde Park has a lot of featu ... more
0 votes Share Flag Fri Nov 9, 2012 Home Buying in 60615
Nicholas S N…,  in Rockford, IL
Nicholas S Nelson answered:
Can we refinance our rental condo under this scenario?
Good Morning Blummy,

As Matt mentioned, there is the Home Affordable Refinance Program (HARP) that is available and may not require appraisal, or condo questionnaire. Your current m ... more
0 votes Share Flag Wed Aug 15, 2012 Financing in 60615
Ismael Perez, Real Estate Pro in Downers Grove, IL
Ismael Perez answered:
Can any lender get this FHA approved?
Not with all those problems.....
0 votes Share Flag Wed Aug 8, 2012 Financing in 60615
Bill J Delig…, Real Estate Pro in Naperville, IL
Bill J Deligiannis answered:
Mortgage Loan Alternatives
Get yourself pre approved an let a profeesional tell you whatyour options are.
Contrary to popular belief, banks are lending. FHA loans can be obtained for as little as 3.5% down and ... more
0 votes Share Flag Fri Jun 8, 2012 Home Buying in 60615
Margaret Has…, Real Estate Pro in Tampa, FL
Margaret Hassani answered:
The second lien holder has accepted our offer on a short sale but...
Yes. This is a good sign and I would be optimistic.
0 votes Share Flag Sun Aug 7, 2011 Home Buying in 60615
Ryan Gossett, Real Estate Pro in Chicago, IL
Ryan Gossett answered:
Rental Income tax query PLEASE HELP!!
That is a good one Graham. Do you need the name of an accountant? If so, email me at ryan@atproperties.com.

Best,
Ryan
0 votes Share Flag Tue Nov 30, 2010 Rentals in 60615
Jose Hernand…, Real Estate Pro in Chicago, IL
Jose Hernandez answered:
I submitted a best offer on a freddie mac home and they "accepted" I then signed my half it has been over two weeks with no word should we
It's not unusual, we've waited up to a month in some cases. Keep in mind that they have stock piles of REO's and only certain people have the authority to sign off, simp ... more
0 votes Share Flag Thu Nov 11, 2010 Foreclosure in 60615
Mike McCallum, Real Estate Pro in Chicago, IL
Mike McCallum answered:
I am trying to by a condo.The contract was signed,earnest check delvered , inspection done, but the property is still being showed.What gives?!!!?
I wouldn't worry too much about it being shown. If you have a fully executed contract they can't sell it to someone else unless you can't get your financing in time. Fo ... more
0 votes Share Flag Mon Nov 16, 2009 Home Buying in 60615
Maria Clark, Real Estate Pro in Chicago, IL
Maria Clark answered:
Will I have trouble renting out and making a profit on a 2 bed condo in Hyde Park, IL near Univ of Chicago if I decide to buy?
Dear Kmhaley:

I am very familiar with Hyde Park. Yes, I do believe you can purchase a 2 bedroom condo as an investment property. It is important you find a unique and well maintaine ... more
0 votes Share Flag Sun Oct 25, 2009 Home Buying in 60615
Keith Manson-…,  in Milwaukee, WI
Keith Manson- Metro Milwaukee Wisconsin answered:
Crack in basement, is it a serious problem?
dan, I would submit your quesition under remodel & renovate you may get better responses. In general vertical cracks that go through the bricks are not a good indication. The other thi ... more
0 votes Share Flag Sun Mar 29, 2009 Foreclosure in 60615
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