Market Conditions in Rogers Park : Real Estate Advice

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Cbartko, Home Buyer in Chicago, IL
Cbartko answered:
does my condo have to be FHA approved in order to get a reverse mortgage?
NJ - I own a condo on a private drive, but is not fha/hud approved. Can I still get a reverse mortgage since it's a private drive?
0 votes Share Flag Fri Jul 1, 2016 Market Conditions in Rogers Park
Cbw5355, Home Buyer in Chicago, IL
Cbw5355 answered:
Should we make our condo FHA approved?
I live in a townhouse condo development. I understand my development will have trouble with FHA approval because we have a high vacancy and foreclosure rate. Can you explain this to ... more
0 votes Share Flag Wed Jun 8, 2016 Market Conditions in Rogers Park
Noah Seidenb…, Real Estate Pro in Evanston, IL
Noah Seidenberg answered:
what is the crime in this area?
You should do a search of the incidents in the area. Find police reports
0 votes Share Flag Thu May 7, 2015 Market Conditions in Rogers Park
Noah Seidenb…, Real Estate Pro in Evanston, IL
Noah Seidenberg answered:
Is there any banks or private lenders that will issue a reverse mortgage on a Condo that is mortgage free, but not FHA approved.?
Talk to a lender, that is the only you can get accurate information
0 votes Share Flag Thu May 7, 2015 Market Conditions in Rogers Park
Noah Seidenb…, Real Estate Pro in Evanston, IL
Noah Seidenberg answered:
if you own your condo outright but is not fha approve, can you get a reverse mortgage in orangevale,ca anyway
There are so many questions to be answered. You need to talk to a lender or mortgage broker.
0 votes Share Flag Wed Mar 25, 2015 Market Conditions in Rogers Park
Bill J Delig…, Real Estate Pro in Naperville, IL
Bill J Deligiannis answered:
can i get a reverse mortgage with being fha approved?
You need to be at least 62 years old - speak to a lender to determine if you qualify
0 votes Share Flag Fri Mar 7, 2014 Market Conditions in Rogers Park
Bill J Delig…, Real Estate Pro in Naperville, IL
Bill J Deligiannis answered:
what is the prop. taxes
Work with A Realtor to have access to reliable and up to date info.
0 votes Share Flag Tue Dec 3, 2013 Market Conditions in Rogers Park
Joe Schiller, Real Estate Pro in Chicago, IL
Joe Schiller answered:
do all condo associations have to be fha approved in order to receive the reverse mortgage benifits?
mortgage = FHA approval most of the time
0 votes Share Flag Fri Nov 1, 2013 Market Conditions in Rogers Park
Bill J Delig…, Real Estate Pro in Naperville, IL
Bill J Deligiannis answered:
How much should I expect to pay for rent?
Work with a REALTOR to help you with your search and budgeting.
0 votes Share Flag Wed May 22, 2013 Market Conditions in Rogers Park
Jim Lamson,  in Chicago, IL
Jim Lamson answered:
Has anyone used a firm to assist a condo association to get their Association recertified FHA prior to actually getting a buyer?
yes, the Prospect Mortgage office in your area will likely be able to obtain the recertification.

Jim Lamson
Prospect Mortgage Chicago
0 votes Share Flag Tue Mar 19, 2013 Market Conditions in Rogers Park
iMove Chicago,  in Chicago, IL
iMove Chicago answered:
Rogers park question
Great questions. Rogers Park is our home. We are opening our new offices at 1225 West Morse and obviously we have a lot of confidence and expectations for the neighborhood. As for yo ... more
0 votes Share Flag Mon Oct 29, 2012 Market Conditions in Rogers Park
Brady Miller, Real Estate Pro in Chicago, IL
Brady Miller answered:
Is now a good time to buy real estate in Rogers Park?
If you are an investor, you can have a field day with all the bargain basement 1 bedrooms that are selling cheap but renting well. You can easily get a very high ROI if you choose the r ... more
0 votes Share Flag Wed Aug 1, 2012 Market Conditions in Rogers Park
David Hanna, Real Estate Pro in Chicago, IL
David Hanna answered:
How much have property values declined in Rogers Park on homes east of Glenwood since June 2008?
As everyone else has said, this is property specific. But, for the whole Rogers Park MLS area, the Median and Average prices are very similar and right now sit at around $300k. In 2008 ... more
0 votes Share Flag Thu Dec 22, 2011 Market Conditions in Rogers Park
Alexander Ro…, Real Estate Pro in Chicago, IL
Alexander Romo answered:
who in a condo association apply for fha approval?
Debbie,

As an expert in Condo lending, I can help you get the association FHA approved. Also, more importantly, I am willing to speak to your association and explain the benefits of ... more
1 vote Share Flag Mon Apr 25, 2011 Market Conditions in Rogers Park
Alexander Ro…, Real Estate Pro in Chicago, IL
Alexander Romo answered:
Who is responsible for starting the process of getting a condominium project approved for FHA?
Your association can delegate the approval. It is not difficult at all. There are many companies out there charging ridiculous fees to help. If you are selling or buying, it's best ... more
0 votes Share Flag Mon Apr 25, 2011 Market Conditions in Rogers Park
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