60647 : Real Estate Advice

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Christinabel…, Home Buyer in New York, NY
Christinabelle528 asked:
How do I edit my rental listing? Add pix?
0 votes Share Flag Tue Jun 14, 2016 For Rent in 60647
Lanamee, Home Buyer in Miami, FL
Lanamee answered:
Federal Home Loan Mortgage Corp....what does this mean?
Freddie Mac owned properties are those which are owned by the Federal Home Loan Mortgage Corporation (FMLMC). When a homeowner becomes delinquent in their monthly mortgage payments, the ... more
1 vote Share Flag Sat Aug 22, 2015 In My Neighborhood in 60647
Noah Seidenb…, Real Estate Pro in Evanston, IL
Noah Seidenberg answered:
New landlord changes move-in date after lease is signed. What is owed the renters?
I agree with Alicia OToole and want to add that you have rights as a tenant. A lease is a legal document. If the new landlord wants to ask you if this is acceptable then he or she can b ... more
0 votes Share Flag Tue Jun 16, 2015 Rental Basics in 60647
Sam Sharp, Real Estate Pro in Chicago, IL
Sam Sharp answered:
Want to buy condo in mixed use building with 5% down. Does this type of building have limits on the amount you have to put down?
This should not be a problem and this is not uncommon - as long as its not just one residential unit on top of 1 commercial space. 5% down would not be an issue as long as you qualify. ... more
0 votes Share Flag Tue Dec 23, 2014 Home Buying in 60647
Sue O'Kane, Real Estate Pro in Arlington Heights, IL
Sue O'Kane answered:
Do I need 20% cash to make a offer ??
No, but it helps though. It used to be that 20% down was the standard amount required. Nowadays, with the help of the FHA, you can put as little as 3% down. It all depends on your abili ... more
0 votes Share Flag Fri Dec 12, 2014 Home Buying in 60647
Christy Star…, Real Estate Pro in Chicago, IL
Christy Starks answered:
Im looking at a place in bucktown that the unit opens with the elevator and has a massive rooftop deck.
Elevator's definitely add value and open the market considerably for more buyers. Opening into the unit can sometimes be considered a drawback depending on the access entry to the unit ... more
0 votes Share Flag Thu Dec 11, 2014 Home Buying in 60647
Suzanne MacD…, Real Estate Pro in Morristown, NJ
Suzanne MacDowell answered:
We're have a 203k loan, what happens if the contractor doesn't finish the construction project in 12 months?
Call the FHA supervisor and tell him what is going on. You can fire the contractor and find another one, it's not the ideal thing, but it can be done. I know they will give you an ext ... more
0 votes Share Flag Tue Dec 9, 2014 Remodel & Renovate in 60647
Mike Opyd, Real Estate Pro in Chicago, IL
Mike Opyd answered:
I demolished the walls and ceilings without a permit. Am I in violation? And what is the penalty?
If the city finds out you may be in trouble. Most likely a monetary fine of some sort. Really depends on the property type, what its zoned for, what you did. Too many variables there to ... more
0 votes Share Flag Mon Jul 14, 2014 Remodel & Renovate in 60647
BJ Tregoning, Real Estate Pro in Chicago, IL
BJ Tregoning answered:
Looking for a portfolio lender to refinance several 2-4 unit properties.
Try contacting a lender for more information.
Ian Beamer
Ian@guaranteedrate.com
773-290-0319
0 votes Share Flag Fri Jul 11, 2014 Financing in 60647
Jeff Nobleza, Real Estate Pro in Evanston, IL
Jeff Nobleza answered:
Looking for a home builder in the Bucktown/Logan Square area.
I would be happy to refer you to set up some one on one interviews with builders I work with.
They both have spec homes they can walk you through. Give me a call


Jeff Nobleza
773 ... more
0 votes Share Flag Thu Jul 3, 2014 Home Buying in 60647
BJ Tregoning, Real Estate Pro in Chicago, IL
BJ Tregoning answered:
How do I find a agent specializing in Oak Park, IL and Jefferson Park in Chicago?
I would love to help!
Bj Tregoning
Organic Realty
773-418-1232
0 votes Share Flag Mon May 12, 2014 How To... in 60647
Rick  Newnham…, Real Estate Pro in Holly Springs, NC
Rick Newnham answered:
My wife and I are moving to Chicago. Our plan is to rent for one year to feel out the neighborhoods then buy in year two. Is this recommended?
It's not a bad idea to scout out an area, if you're not familiar with it, and rent to start out with. With the interest rates still so low and home prices starting to rise, you might w ... more
0 votes Share Flag Mon May 12, 2014 Home Buying in 60647
Scott Newman, Real Estate Pro in Chicago, IL
Scott Newman answered:
Hi, First time home buyer here, want to get out of the in laws home.
It really depends on his income. Every $100K you borrow costs about $500/month give or take depending on rate and he should spend no more than a 1/3 of his pre-tax income on housing dep ... more
0 votes Share Flag Thu May 8, 2014 Home Buying in 60647
BJ Tregoning, Real Estate Pro in Chicago, IL
BJ Tregoning answered:
Looking for a realtor with multifamily experience in the Bucktown / Wicker Park / Logan Square area.
I would love to help!
Organic Realty
Bj Tregoning
myrealtorbj@gmail.com
773-418-1232
0 votes Share Flag Mon Mar 31, 2014 Investment Properties in 60647
Mike Opyd, Real Estate Pro in Chicago, IL
Mike Opyd answered:
just got a call from our landlord saying that we have 30 days to vacate..we are a family w/young child. no lease. rights?
Depends on the lease you signed but typically there is a 60 day kick out clause that would give you 2 months to work with. Reach out to a Real Estate attorney and have them look through ... more
0 votes Share Flag Wed Mar 26, 2014 Rentals in 60647
Mike Opyd, Real Estate Pro in Chicago, IL
Mike Opyd answered:
I am thinking of taking my daughter out of private school, and I would like to know which high school I am zoned to
Try cps.org thats prob your best option.
0 votes Share Flag Wed Mar 26, 2014 Home Selling in 60647
Mike Opyd, Real Estate Pro in Chicago, IL
Mike Opyd answered:
i want to help my daughter get her own place with boyfriend and 3 yr old son. they have not a lot of credit history good or bad. any sugestions?
Reach out a mortgage lender and start there. You may have to co-sign for them. Let me know if you would like a recommendation.
0 votes Share Flag Wed Mar 26, 2014 Rental Basics in 60647
Daniel Mirea, Real Estate Pro in chicago, IL
Daniel Mirea answered:
rebuild a garage and add a second floor?
It Depends !!!!

1. If It's your primary residence you want to be comfortable , you need more space , need a brand new garage and have the money ......you should do it!

2. if you ... more
0 votes Share Flag Thu Oct 10, 2013 Remodel & Renovate in 60647
Riccardo War…, Real Estate Pro in Bolingbrook, IL
Riccardo Wardlow answered:
I NEED To Move In 2 Months! Please Help. I Have 3 Kids 8,13,15, A Girl And 2 Boys. I Need A Garage. And A House, Not Apartment. Preferably In The Nort
give me a call, i could probably get you in a house in the next 20 days depending on credit.


Riccardo Wardlow
Owner
Quality Mortgage Lending
630-670-8266

RATED A+ WITH THE BB ... more
0 votes Share Flag Thu Aug 29, 2013 Rentals in 60647
Bob Brandt, Real Estate Pro in Schaumburg, IL
Bob Brandt answered:
May not be the right place to ask, but.. Question about interior wall stud spacing/condo/new construction
I wish Trulia would automatically delete the questions after 6 months, so they do not keep popping up after 3 years.
0 votes Share Flag Sun Aug 25, 2013 Remodel & Renovate in 60647
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