Home Buying in Ottawa : Real Estate Advice

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Nabih Kanaan, Real Estate Pro in Lisle, IL
Nabih Kanaan answered:
When to talk to a mortgage lender?
Its always best to speak with a lender as soon as possible. In doing that you will identify and address any hurdles up may have front related to credit or assets. In addition you shoul ... more
0 votes Share Flag Sat Jan 30, 2016 Home Buying in 61350
Mason Taylor, Home Buyer in Ottawa, IL
Mason Taylor asked:
When to talk to a mortgage lender? I am looking to buy a home this year in the LaSalle county area. Last year in went through a bunch of hoops to try to get a usda loan just to be turned down 2 days before the loan was suppose…
0 votes Share Flag Thu Jan 28, 2016 Home Buying in 61350
Franceakite, Home Buyer in Dallas, TX
Franceakite answered:
How do I become a REO Contractor??
Do some research about agents in your area that specialize in listing bank owned properties by looking thru local real estate magazines and newspapers. Agents usually advertise these pr ... more
1 vote Share Flag Wed Jun 10, 2015 Home Buying in Ottawa
Mason Taylor, Home Buyer in Ottawa, IL
Mason Taylor answered:
Why do lenders wait until the very last minute to tell you that your mortgage isn't going to be approved?
The reason for the usda pulling out was because the well was too close to the septic. But still within building code. Okay whatever I've got the money saved up to do %5 down. They ... more
0 votes Share Flag Tue May 19, 2015 Home Buying in Ottawa
Karen Peyton, Real Estate Pro in Chandler, AZ
Karen Peyton answered:
Lender pulled funding...what to do now?
A suggestion from my understanding...

While two years is the rule, it is typically not with your current employer but work history in the same field. For example, if you worked for ... more
1 vote Share Flag Tue May 19, 2015 Home Buying in Ottawa
Laura Karamb…, Real Estate Pro in Downers Grove, IL
Laura Karambelas answered:
Where can I find home flooding history in Ottawa for individual houses. Some of these homes are very old and I wonder if a record was kept going back
Hi Karen -

Below is an information page for Ottawa IL. It references LaSalle County flood maps as well as pages from FEMA. You can search property locations and maps through variou ... more
0 votes Share Flag Thu Apr 24, 2014 Home Buying in Ottawa
Phil Makarew…, Real Estate Pro in Naperville, IL
Phil Makarewicz answered:
Ottawa assessed values appear to decrease each year for the same owner. Is the tax basis of homes in Ottawa amortized causing the decrease each year?
Assessed values have been decreasing in the last 3-4 years due to the market decline. Overall market has dramatically improved in the last year and values jumped up by around 12%. Man ... more
0 votes Share Flag Thu Dec 19, 2013 Home Buying in Ottawa
Phil Makarew…, Real Estate Pro in Naperville, IL
Phil Makarewicz answered:
Why do many homes show n/a for property taxes? Is the land leased and not owned?
You are using a website that does not carry reliable information. I would recommend contacting a local real estate broker and request direct MLS feed. Hope that helps.
0 votes Share Flag Sat May 11, 2013 Home Buying in Ottawa
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