Why would you jump on a wooden floor when you know it's disturbing to others? Shame on you. It hardly requires any effort to behave with consideration. Ways to diminish noise include putting down rugs, taking your shoes off when you're walking through your unit, and avoiding deliberately dropping things or throwing things on the floor. Your neighbors in the unit below may very well be able to hear every foot step, even when you try to be quiet. Making more noise than necessary, in light of the way it affects others, is uncivil. In a communal living situation like a condo or a townhouse, people usually expect more ambient noise than in a single family home. However, nobody has the right to make loud persistent noise that affects the ability of other residents to sleep, work, or otherwise feel comfortable in their own homes. I've heard people say that if you like peace and quiet, you should buy a single family home in the suburbs. Actually, if you don't know how to behave with consideration, you're the one who should be more isolated.... more
I have yet to see a house that was cheap enough or special enough to justify the risk and aggravation involved with buying a foreclosure. There are TONS of dumpy homes priced below market value on the market, where you can deal with the seller and not a bank. Buy one of those instead.
When you want to buy a home the best place to start is to hire an EXCLUSIVE Buyer Agent, not just a Buyer's Agent. EBAs only work with homebuyers and there is never a conflict of interest that will jeopardize your negotiating position. I can refer you to an EBA in your area, if you like.
I've written a best selling book called Buying a Home: Don't Let Them Make a Monkey Out of You. It'll teach you how to buy a home and get a mortgage without getting ripped off. Follow the link below.
Best of luck!
Quality of Life is great in Mount Prospect!!! I am proud to have my business here.
Its important for agents to be up and aware of the quality of life and various benefits of living in a particular community and to be able to educate their buyers on these sometimes "hidden features".
Heres another take on Suburban Quality of Life - Are young residents fleeing suburbia for the city and vowing to not return? Follow the link for article from Realtor Magazine.
If the home inspection fails there is no legal way to force you to buy the home. It does depend on the nature of the problems arising from the home inspections. A good negotiator can go along way but they should respond to your concerns.
If you need help with the mortgage, I can help. Our company works directly with Fannie Mae and Ginnie Mae and fund the loans in our name. We aren't waiting around on the big banks to approve the deal. We staff our own underwriting department and get things done quickly. You can call me at (630) 639-1081 and I can give you a preapproval the same day and help you find a quality realtor in the area.
We can do: FHA, Conventional, USDA, VA, HARP, Interest Only, Home Equity, Fixed, and Variable. Find out which product is right for you by calling Brad at (630) 639-1081.
Sr. Loan Officer
Mobile Phone: (630) 639-1081
3130 Finley Rd. Suite 510C
Downers Grove, IL 60515... more
A lot of potential buyers have delayed buying for a variety of reasons. That delay has created a "pool" of demand for homes. When the buyers decide that "this is the time" we can expect the housing market to turn around very rapidly. This is probably the best time to buy before a lot of potential buyers come into the market at the same time, causing prices to rise. Demand is more important than mortgage loan rates.... more
Your agent might be right! There is a statutory redemption period that occurs after a foreclosure. It is highly unlikely that the person who owned the house can pay all the attorney, interest, late fees and mortgage off, however our state laws allow a period of time for the person to reclaim their house. You could call your real estate attorney to track when the proceeding were held and let you know when the foreclosure will be "saleable" again. I am not an attorney but I have read recently that the Illinois State laws on foreclosure are being re-examined by many because the laws are not very clear. I do recall that there are different timelines for residential primary residences and non-residences. If the subject property is the Borrower's primary residence, the Borrower may Redeem the subject property within Seven (7) Months from the date the Borrower was served with summons or by publication or no later than Three (3) Months after the Judgment of Foreclosure is entered, whichever is later.
If the subject property is not the Borrower's primary residence the Borrower may Redeem the subject property within Six (6) Months from the date Borrower was served with summons or by publication or no later than Three (3) Months after the Judgment of Foreclosure is entered, whichever is later. I do think that everyone wants the laws to be fair and more clear than what they are presently.... more
Financing for a mobile home is tough. Not that it can't be done, it's just that LO's don't want to waste their time on a $20k loan. I once did a $28k loan for someone, but ONLY because it was a referral from a dear friend. The appraiser made more $$ than I did.
Sorry to explain it that way, but it's the truth. Good luck.