Home Buying in Waukegan : Advice

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Michael Lesc…, Real Estate Pro in Fox Lake, IL
Michael Lescher answered:
Looking for address of a 10 unit bldg selling for 169,000 with a high cap in downtown Waukegan. Can you find for me? send info chrisandbill617@aol.co
The lowest priced 10 unit I found listed in the Multiple Listing Service in Waukegan is $379K. Let me know if I can be of further help.
0 votes Share Flag Sun Dec 8, 2013 Home Buying in Waukegan
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
I filed a bankruptcy in 2012, About how long do I usually have to wait to buy a home?
Ashley
CH 13 one year with what other conditions? Can a person have a 65% DTI? Or in a job less than one year. And what about cash reserves requirement? Geeez, Hard for a non bk buye ... more
0 votes Share Flag Fri Nov 22, 2013 Home Buying in Waukegan
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
Why are short sales such a hassle for realtors?
I see a lot of strategic default and sellers faking a hardship to not bring money to close. The bank will go along with a short sale easy peezy if the seller is willing to sign a note ... more
0 votes Share Flag Fri Nov 22, 2013 Home Buying in Waukegan
yvette, Both Buyer and Seller in Waukegan, IL
yvette answered:
Hi - do any agents have any listings of houses that will be rehabbed or renovated in Waukegan?
Contact us, we have a network of developers who might be interested in working with you.
0 votes Share Flag Sat Aug 24, 2013 Home Buying in Waukegan
Gary Geer, Real Estate Pro in Antioch, IL
Gary Geer answered:
if i have 1,820 dollars social sec how much would i qualify for to by a home Thank you Vera
vera_raicevic,

You need to conatact a lender and get prequalified or preapproved for your loan. This will establish the price range of homes available to you for your budget. With t ... more
0 votes Share Flag Thu Jun 27, 2013 Home Buying in Waukegan
Geoff Ommen, Real Estate Pro in Barrington, IL
Geoff Ommen answered:
lease purchase property, looking for a lease purchase property North side of Waukegan price range 70,000 to 130,000 can move in with down payment.
Brenda

What exactaly are you looking to do? A lease, or a lease option? Have you looked into the possibility of getting a mortgage? I work with investors that sometimes facilitate ... more
0 votes Share Flag Thu Mar 28, 2013 Home Buying in Waukegan
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
I am VERY desperate to get my son in the Gurnee School District.
di you find a place to rent???
0 votes Share Flag Tue Jan 15, 2013 Home Buying in Waukegan
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
I am looking for a home for a buyer that wants to be close to the Waukegan Metra station. Help Please.
Did you ever find a place for your buyer?
0 votes Share Flag Thu Dec 29, 2011 Home Buying in Waukegan
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
looking multy family homes
Answered your other same question and see you reposted. As Michael L. stated, if you are an agent, why you having trouble searching MRED?
1 vote Share Flag Wed Jun 29, 2011 Home Buying in Waukegan
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
. Are foreclosure lists available and free at real estate offices in waukegan or am I better off going to city hall?
focus on fannie mae and freddie mac foreclosures and skip the sheriff auction. Homesteps properties offer clear title eand none of the baggage of an auction property.
1 vote Share Flag Fri Mar 25, 2011 Home Buying in Waukegan
JoEllen Schl…, Real Estate Pro in Libertyville, IL
JoEllen Schlesinger answered:
Is there any grants for first time home buyers for a single family in Lake County, IL.?
There are some great programs, including a way to use up to $6,000 of the $8,000 income tax credit as an interest free loan to help assist qualified buyers in purchasing their first hom ... more
0 votes Share Flag Thu Dec 3, 2009 Home Buying in Waukegan
Michael Lesc…, Real Estate Pro in Fox Lake, IL
Michael Lescher answered:
Can a short sale be sold or have price reduced while under contract?
I oversee the RE/MAX office in Waukegan. If the Seller signed (not verbally accepted) your offer the listing agent is bound by MLS rules to change the listing status to "contingent". Yo ... more
0 votes Share Flag Tue Jul 28, 2009 Home Buying in Waukegan
Eric Egeland, Real Estate Pro in Libertyville, IL
Eric Egeland answered:
how long do short sale transactions usually take to get approved?
Hi Ria24,

It is a case by case thing. A lot of it will depend on how competent the listing agent is & if they filed the correct paperwork from the beginning. Some can move along ve ... more
0 votes Share Flag Mon Jun 29, 2009 Home Buying in Waukegan
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