1. Negotiates the best price by researching properties sold and listed in the area
2. Ensures the property is inspected
3. Finds listings specifically for you
3. Gives you customized tours
4. Explains the process to you
5. Protects you throughout the transaction
6. Guarantees you pay the right price for your home!!!
Without a realtor, you have no idea if you are getting the bargain you thing you should have. Call Manuel Brown - he'll do a great job for you! Let me know if you need a pre-approval.
With warm regards for a great New Year
Mary Kay Laurent
Vice President of Mortgage Lending
o: 773.516.6859 - m: 312.403.4150 - f: 773.328.1740
3940 North Ravenswood , Chicago, IL 60613
NMLS ID: 870598
The reality is new construction moves price points in neighborhoods and it's usually a good thing but the biggest problem is appraisal. Make sure whatever lender you choose, if you move forward, has an appraiser who understands new construction or he could come back with an incorrect value and jeopardize your deal.
I have great financial resources and also understand the new construction segment very well so I'd be happy to help.
Are you being represented? If so, have your real estate agent run some comparable's for you. If there are no recent rehabs sold in the past six months expand to a year. If still no comparable's then price will be determined based on improvements. There are many factors in play and we cannot suggest a bid unless we know the property and the sale terms. Good luck
Your REALTOR will be able to provide you actionable data.
What are the other Totally rehabbed" homes with everything new, on same size lot, same community, within the past 90 days selling for?
Were they financed? You may have a appraisal advantage.
Cash buyers....you'll very likely need a pile of cash to make up the appraisal difference.
There are other issues to leverage. You local Chicago REALTOR is your best resource for relilable, actionable information.