Home Buying in Chicago Heights : Advice

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Nicholas S N…, Real Estate Pro in ,
Nicholas S Nelson answered:
Will a bankruptcy stop me from being able to rent to own?
Good Afternoon Rodney,

Rent to own options are agreements between you and the seller. If you are considering a rent to own, I would recommend you have a attorney review the agreemen ... more
0 votes Share Flag Fri Jun 27, 2014 Home Buying in 60411
Patty Harris…, Real Estate Pro in Naperville, IL
Patty Harrison answered:
Even with bad credit, is it possible to buy a home? If so, what would be my monthly rate, if the house is $100,000
Hi Lydia:

I would happy to see if we can help you with your home buying here in Illinois. We work work with 30 different lenders that allow for scores as low as 580 with a 3.5% dow ... more
0 votes Share Flag Thu Jan 2, 2014 Home Buying in Chicago Heights
Chris Fischer…, Real Estate Pro in Homer Glen, IL
Chris Fischer & Tim Sherry answered:
How long does it take for a bank to take ownership over a property that they win at a judicial auction?
Unfortunately, there is not an answer to this question that will help. There a tons of factors that can come into play including who owns the property (Which bank, lender, etc...), are ... more
0 votes Share Flag Tue Sep 24, 2013 Home Buying in Chicago Heights
Suzanne Hami…, Real Estate Pro in Orland Park, IL
Suzanne Hamilton answered:
I'm purchasing a home that's a short sale. The bank has already did its final BPO. Will I be responsible for the appraisal on my end?
If you gave a loan. Yes. Bpo will not sub for appraisal.
0 votes Share Flag Tue Sep 24, 2013 Home Buying in Chicago Heights
Brian Nguyen, Real Estate Pro in Mission Viejo, CA
Brian Nguyen answered:
Are their any closing costs that can be waived or negotiated?
Some lenders like myself offer loan products that can cover fees and costs such as appraisal, underwriting, and processing fees. You just have to find the right lender that can help you ... more
0 votes Share Flag Mon Sep 23, 2013 Home Buying in Chicago Heights
Agnes, Home Buyer in Taylorville, IL
Agnes answered:
How is the crime rate in Sauk Village?
Its very high and the property value is very low!!
0 votes Share Flag Sun Sep 22, 2013 Home Buying in Chicago Heights
Ronaldmtrulia, Both Buyer and Seller in United Neighbors Tog...
Ronaldmtrulia answered:
Should we pay off our mortgage of 20,000 with our 20,000 inheritance?
Its an important question.You should get answer from any reliable reverse mortgage company. I have a reverse mortgage which name is reverse mortgage lenders direct. They are very helpfu ... more
2 votes Share Flag Tue Jun 4, 2013 Home Buying in Chicago Heights
Rebeccatrulia, Renter in United Amigos, Mesa,...
Rebeccatrulia answered:
I am trying to get a Reverse Mortgage for purchase. Will I be able to borrow the out-of-pocket money I must have to be included with RM funds?
Hi Anna

I have a reverse mortgage which name is reverse mortgage lenders direct .They are helpful.You can get right answer from their.

http://www.reversemortgagelendersdirect.com/ ... more
8 votes Share Flag Tue May 14, 2013 Home Buying in Chicago Heights
Annette Lawr…, Real Estate Pro in Palm Harbor, FL
Annette Lawrence answered:
does it take long to close a short sale when I am paying cash?
Nisso,
Only 30% of listed short sales actually close as a short sale.
Many of these 'failed' purchases are due to the inordinate time involved and the disregard the bank h ... more
0 votes Share Flag Thu Dec 15, 2011 Home Buying in Chicago Heights
John Potter,  in Cook County, IL
John Potter answered:
Is $20,000 CASH a good offer for a $25,000 house?
The range is $6,500 to $175,000. The average for all houses in Chicago Heights is $62,000. If you need an appraisal give me a call.
0 votes Share Flag Thu May 5, 2011 Home Buying in 60411
John Potter,  in Cook County, IL
John Potter answered:
i am trying to find about the property located at 94 broadway ave. in chicago heights, il price? realtor? when could i see it?
94 Broadway is an multifamily that sold for $137,000 in 1997. It does not appear to be listed. If you want to make an offer give me a call and I will assist.
0 votes Share Flag Thu May 5, 2011 Home Buying in 60411
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
I put a bid on a property mls# 07708657 but with no answer my agent has email and call but with no luck pls advise if awarded
A/I under contract per MLS as of 3/10 asking price is 20k loks like a very modest home, keep looking, Good luck!
0 votes Share Flag Fri Mar 11, 2011 Home Buying in Chicago Heights
Yolanda Hove…, Real Estate Pro in OFallon, IL
Yolanda Hoversten answered:
Can a broker have a closing and tell the client to come in their office 3 days before the closing and pay her.?
Hi, Nikia.

There is probably nothing nefarious going on. It's not unusual in my area for sellers to sign the documents before the closing date, especially if they are overseas ... more
0 votes Share Flag Wed Feb 16, 2011 Home Buying in Chicago Heights
Synthia Noble, Real Estate Pro in Crete, IL
Synthia Noble answered:
Wondering why more home owners are not taking advantage of the Chicago Heights (IL) downpayment assistance program - up to $10,000 owner occupied,
unfortunately, the Chicago Heights program has expired.
It is still a nice community to live in with some GREAT prices on homes, which together with the low interest rates make home ... more
0 votes Share Flag Sun Jan 30, 2011 Home Buying in 60411
Ranj Mohip, Real Estate Pro in Chicago, IL
Ranj Mohip answered:
Can a broker charge for buying down a point before the closing?
Hi Nikia,

Have your friend talk with a real estate attorney regarding this matter. Something may be lost in translation. Some EMPLOYERS are charging for verification of employments ... more
2 votes Share Flag Tue Jan 11, 2011 Home Buying in Chicago Heights
Cecelia Marl…, Real Estate Pro in Chicago, IL
Cecelia Marlow answered:
I'm looking into buying a building for $165,000 3 to 4 units, it is completely gutted. Would it be wise to go with a 203K loan for this?
Hi Chicagojen,
You are absolutely correct, as are my colleagues, in regards to financing this property. The ideal situation is to leverage your current cash and utilize a 203K rehab ... more
0 votes Share Flag Wed Mar 10, 2010 Home Buying in Chicago Heights
Rajah Redmond, Real Estate Pro in Frankfort, IL
Rajah Redmond answered:
Any realtors on here know the Chicago Heights market/area particularly well?
Hello David. It looks like you may have your question answered already but I am familiar with the chicago heights are. I am an agent with Meeker Real estate. We primarily focus on short ... more
0 votes Share Flag Wed Feb 17, 2010 Home Buying in 60411
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
What is a great starter investment.?
Try to buy a small fixer upper home in the very best neighborhood you can afford.
0 votes Share Flag Fri Jul 24, 2009 Home Buying in Chicago Heights
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