Home Selling in Oak Lawn : Advice

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Mary Wallace, Real Estate Pro in Oak Lawn, IL
Mary Wallace answered:
What is the normal time you can remain in your house after closing? It seems that most buyers want to take possession at closing?
I would say 25% of my contracts involve the seller needing post closing possession. The standard rent/amount the seller pays the buyer is 1/30th Principal, Interest, Insurance, Taxes or ... more
0 votes Share Flag Sat Sep 14, 2013 Home Selling in 60453
Amabel Babao…, Real Estate Pro in Chicago, IL
Amabel Babao Neely answered:
my sister inherited a 3 bedroom walk-up condo in Oak Lawn, but her health has made it difficult to handle the stairs. Wondering if this is an option.
I'm sorry to hear about your sister's health. I have not heard of your suggested option above. I do know that this situation would be a prime candidate for a short sale because of you ... more
0 votes Share Flag Fri Oct 12, 2012 Home Selling in Oak Lawn
J, Real Estate Pro in Greensboro, NC
J answered:
With a short sale, do we continue to pay our mortgage?
A short sale and its benefits are intended for primary residential properties, otherwise you will have financial consequences after the sale of the properties. Please seek the advice o ... more
0 votes Share Flag Wed Oct 5, 2011 Home Selling in Oak Lawn
Dan Tabit, Real Estate Pro in Sammamish, WA
Dan Tabit answered:
How do I sell my deceased mother's house quickly? The house is in need of repair.
Jlowe,
Be honest about it, price it well, use a knowledgeable & experienced agent and empty it out.
0 votes Share Flag Tue Oct 4, 2011 Home Selling in Oak Lawn
Suzanne Hami…, Real Estate Pro in Orland Park, IL
Suzanne Hamilton answered:
Trying to sell condo, would like to learn more about FHA approval. Does it help to become certified / approved ahead of time? If so, how do I do that?
Meg -

To answer your question, your whole condo building will need to be approved and yes it does help immensely, but there are a lot of rules with condos today that you should be a ... more
0 votes Share Flag Fri Jan 21, 2011 Home Selling in Oak Lawn
Baldurr, Home Buyer in Lindstrom, MN
Baldurr answered:
What's the average for days on the market for Oak Lawn? I am specifically interested in the average selling
Using the average sales price of $160,000, it sounds like sellers
are taking quite a beating, as this price level indicates a return to
1998 price levels. How many of the sales in th ... more
0 votes Share Flag Fri Feb 27, 2009 Home Selling in Oak Lawn
Mary Wallace, Real Estate Pro in Oak Lawn, IL
Mary Wallace answered:
how long is it taking right now to sell a 3 bedroom 1.5 bath home?
Oak Lawn Homes Sold Within the Past 3 Months with exactly 3 bedrooms and 1.1 baths (As of 02/27/2009):

The average market time for all 3 bdrm, 1.1 baths that have closed in Oak Lawn ... more
0 votes Share Flag Fri Feb 27, 2009 Home Selling in Oak Lawn
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Mary Wallace, Broker in Oak Lawn, IL
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