60130 : Real Estate Advice

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Tony Grech, Real Estate Pro in Southfield, MI
Tony Grech answered:
Can I qualify for a loan with less than perfect credit?
Under 600 is "less than perfect" in a very broad sense of the definition. Truthfully, under 600 would be considered bad credit. Not unsalvageable, but definitely at the bottom end of th ... more
0 votes Share Flag Fri Feb 26, 2016 Home Buying in 60130
Otie Dunn, Real Estate Pro in Snohomish, WA
Otie Dunn answered:
If one does not have the 20% to put down for a house,could be arranged by installments of the deposit payable with the principal and interest,or
There are many different kinds lending but if your wondering can the seller pay the closing cost, yes they can. Is there zero down loans available yes there is, Do we have grant money ... more
0 votes Share Flag Tue Jul 14, 2015 Home Buying in 60130
Bob Brandt, Real Estate Pro in Schaumburg, IL
Bob Brandt answered:
Hi, can i buy a condo and have a family member live in it?
I assume you mean as a non-owner occupant and not with you there....
Many condo by-laws do allow that. You need to ask for the rules or ask the manager to be sure.
Exercise your due d ... more
0 votes Share Flag Wed Mar 18, 2015 Home Buying in 60130
Kelly Sourwi…, Real Estate Pro in Downers Grove, IL
Kelly Sourwine answered:
203K - In need of a contractor - Chicagoland
Jolyn's answer is correct. I just wanted to specify that you need to use "approved" contractors from the 203K program. In some instances you can use someone that hasn't yet been "approv ... more
0 votes Share Flag Sat Feb 21, 2015 Home Buying in 60130
John Bates, Real Estate Pro in Naperville, IL
John Bates answered:
How much would it cost to demolish a house built in 1923 on a 38x123 lot in Forest Park, IL 60130?
A home built in 1923 will more than likely have asbestos, and lead paint. Is this home of any historical significance? It may be in a protected historic district. It is best to start wi ... more
0 votes Share Flag Thu Jan 31, 2013 Remodel & Renovate in 60130
Shane Milne, Real Estate Pro in Laguna Niguel, CA
Shane Milne answered:
When are the down payment and lender fees due?
When you make an offer, in the offer you and your agent will decide how much of an earnest money deposit you will initially put down, so the seller knows you are earnest in your intenti ... more
0 votes Share Flag Mon Sep 24, 2012 Financing in 60130
Jolyn Crawfo…, Real Estate Pro in Berwyn, IL
Jolyn Crawford answered:
I would like to buy a parking spot that is in an under ground heated garage, in downtown Forest Park. It's
If you're in Georgia, check with a local realtor in your town who has sold under ground parking spots in other condo buildings. In Forest Park, IL they range from $10000 to $200000. In ... more
0 votes Share Flag Thu Jul 5, 2012 Home Buying in 60130
Mike, Home Buyer in Indianapolis, IN
Mike answered:
Has anyone used Market Place Homes to buy a new home and rent their old condo/home?
We are also considering this company, the company makes the majority of their money through the commission on your new home, they will agree to buy your house at a certain price if they ... more
1 vote Share Flag Mon Jun 6, 2011 Home Buying in 60130
Sondra Savino…,  in Oak Park, IL
Sondra Savino, SFR answered:
Could I sell my condo and have the buyer just take over the payments in IL?
Hi Wolfiea,
I agree with the other agents that have responded, first things first, check your loan documents. Most of the loans we are seeing are not assumable, however there are a ... more
0 votes Share Flag Mon Mar 14, 2011 Home Selling in 60130
Marion Digre, Real Estate Pro in Oak Park, IL
Marion Digre answered:
Conflict of Interest? Dual Professions? Attorney & Title Co. Board Executive/Employee...?
I can't see how it could have had any negative effect on you as a buyer or even if you had been the seller for that matter. Almost all real estate attorneys I know have title company a ... more
0 votes Share Flag Wed May 20, 2009 Home Selling in 60130
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