Home Buying in Gurnee : Advice

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Gary Geer, Real Estate Pro in Gurnee, IL
Gary Geer answered:
With 85k(all cash deal) to invest what would be a better deal, a 75k condo (needs TLC) 2b/2b..or a 50k, 2b/1b (can move in tmrw) but not area not as
You should sit down with your agent and discuss your situation. The agent can help provide guidance to assist you in making the best decision.

All the best.
0 votes Share Flag Wed Nov 19, 2014 Home Buying in 60031
Gary Geer, Real Estate Pro in Gurnee, IL
Gary Geer answered:
I'm an investor looking to do a flip in Lake County. Anybody have inventory for good potential return?
C. ,
As you most likely know, any property can provide a good return if the investment is structured right. I have years of experience with investing and working with investors. If yo ... more
0 votes Share Flag Thu Oct 2, 2014 Investment Properties in Gurnee
Larry Bernst…, Real Estate Pro in Chicago, IL
Larry Bernstein answered:
My husband and I are wanting to buy a house but don't know where to start because our credit is not that great. How to fix credit?
If you are still in the market to purchase, I can offer options with credit scores down to 580 w/ 3.5% down. If you are putting 10% down, I can offer options down to 550 scores. Call me ... more
0 votes Share Flag Wed Aug 27, 2014 Home Buying in 60031
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
What is likely to happen if I rent out my townhouse without consent of the HOA?
Scott's absolutely correct. Many hoa's want to attain FHA approval and non owner occupants affect that eligibility. One way to rent is to create a land contract with option to purcha ... more
0 votes Share Flag Tue Feb 11, 2014 Investment Properties in Gurnee
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
What are the benefits of having a realtor to help with renting, buying or building a 4 bedroom near the Naval Base?
Hi
How long will you be stationed at Great Lakes? I don't think it makes sense to buy if you are stationed here less than 3 years. New construction Volo is pretty far west, and builder ... more
0 votes Share Flag Sun Aug 18, 2013 Home Buying in 60031
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
deborah so can that true that i can get a home no downpayment or morgage payment?
short answer is no.................great over answered answer Don!
0 votes Share Flag Sun Mar 31, 2013 Foreclosure in 60031
Greg Zaccagni, Real Estate Pro in Illinois
Greg Zaccagni asked:
Anyone care to share their experience with Richmond American Homebuilders? Your comments regarding quality and customer service would be greatly appreciated!
http://www.richmondamerican.com/Default.htm
0 votes Share Flag Sun Mar 31, 2013 Home Buying in Gurnee
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
I just got approved to buy a house!! Yay!!! We need to know the average property tax rates for cities in Lake County so we know where to look first.
Jenny
Have you narrowed your search and did you begin working with an agent?
0 votes Share Flag Tue Dec 6, 2011 Home Buying in Gurnee
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
What is considered a low ball offer when bidding on a house?
WOW this is an old question. Only thing to add that the best answer missed was average numbers are deceiving. Whether avg sold price or avg days on market, those stats are useless as ... more
1 vote Share Flag Sat Jul 2, 2011 Home Buying in Gurnee
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
Client has poor credit. 600 or below. He wants to know if his friend who lives in Vegas can co-sign on the loan?
Hi
Plenty of local mortgage expertise in Libertyville. co-signer won't make up for a bad score, only a marginal score.
1 vote Share Flag Wed Jun 29, 2011 Home Buying in Gurnee
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
Renting after foreclosure
WOW this is an old post, rephrase the question if still needed...
0 votes Share Flag Sat Feb 12, 2011 Foreclosure in 60031
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
i have badcredit can i get approved or not or it depends?
Credit score is but one factor used in underwriting approval. it is the first hurdle, but also taken into consideration is job history/stability, salary or variable contract work. Also ... more
0 votes Share Flag Mon Jan 31, 2011 Home Buying in 60031
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