Home Buying in Logan Square>Question Details

Shivinder Si…, Home Buyer in Indiahoma, OK

i am an indian and want to buy a property in chicago my budget is 100000 $ please suggest the area

Asked by Shivinder Singh, Indiahoma, OK Thu May 31, 2012

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Bill J Deligiannis’ answer
Work with a Realtor, a Lender, a Rehabber, and a Property Manager. Do not through your meny away just because 2-3 flats are available for $20-$30k in certain areas. Do your DUE DILIGENCE.
0 votes Thank Flag Link Fri Jun 8, 2012
Check out the Devon neighborhood in north Chicago.
0 votes Thank Flag Link Thu Jun 7, 2012

Your reply is inappropriate and I'm sure you know why.
Flag Sat Jul 27, 2013
Hello Shivinder,

We cannot suggest a neighborhood for you based on your ethnicity. That would be a violation of the fair housing laws and considered steering.

If you let us know what your specific needs are, i.e. # of bedrooms, # of baths, areas you like, do you need parking, etc...we can then better serve your needs.

Your best course of action would be to work with a buyers agent that will guide you. Interview a few agents, start with the ones that replied to your query here on Trulia. A buyers agent, for the most part, is at no charge to you.

Good luck & hope this helps!
0 votes Thank Flag Link Thu May 31, 2012
I've got a condo that is recently rehabbed and I am looking to sell. It is less than your $100,000 budget so this might be a good fit for you. Here is a website with the unit and further information: http://www.reiblackbook.com/p/829 - Let me know if you have any questions, want to come tour the property or need anything further.

Tony Guisto
0 votes Thank Flag Link Thu May 31, 2012
It would actually be illegal for us to do anything of this nature. It is called steering. I would suggest you go find an area you are comfortable with. Then once you know your place, get a good agent and have them help you through the process.
0 votes Thank Flag Link Thu May 31, 2012
Depending on the area in Chicago, you can definitely get a house or condo with a $100K budget. How many bedrooms and baths? There are currently 4 single family active listings in the Logan Square area if that would interest you. Call or email me for more information.
0 votes Thank Flag Link Thu May 31, 2012
There are some areas where 100K can get you something, but is it 100K cash or 100K purchase price with a loan? Is this an investment property or do you want to live in it? That makes a difference on your ability to get a loan. Do you want a condo or a house?? Do you know the CHicago area? If not, are you willing to rely on a stranger (agent) to guide you?? Send me an email or call and we can talk more about it if you like.
0 votes Thank Flag Link Thu May 31, 2012
There are many neighborhoods in Chicago where $100,000 will buy a nice house. I just helped clients close on a $95,000 4 bedroom last week. Much depends on the size and your transportation needs. I'd be happy to help you find something. Give me a call on my cell at 773-34-4114 or an email dboyle@rubloff.com
0 votes Thank Flag Link Thu May 31, 2012
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