Home Selling in Chicago : Advice

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Sergio Herna…, Real Estate Pro in Naples, FL
Sergio Hernandez answered:
We own a condo on Dayton in LP. Have run out of money and need to short sale. Do we choose a Realtor or wait for the bank to assign us one?
You should select a Realtor knowledgeable with the marketing and sale of short sales.
0 votes Share Flag Wed Dec 14, 2011 Home Selling in Lincoln Park
David Jaffe-…, Real Estate Pro in 60004
David Jaffe- CDPE SRES answered:
we have a property to sell at 5241 N. Long, Chicago. we need referral for realtor in that area.
Hi Michael,

I am a local Realtor who can assist with your home sale. I have over 12-years professional experience selling residential real estate.

I can be reached directly at 84 ... more
0 votes Share Flag Thu Jan 27, 2011 Home Selling in Chicago
Gerard Dunn, Real Estate Pro in Potomac, MD
Gerard Dunn answered:
Can anyone explain why, after taking considerable time, does a bank generally give only 30 days to close a Short Sale after they approve it?....?
Not at all isolated.

Banks want to get deals closed quickly once they make a decision to take an offer. 30 days is a reasonable amount of time to close. Some banks want settlemen ... more
0 votes Share Flag Tue Jan 11, 2011 Home Selling in Chicago
Andrew Luett, Real Estate Pro in Chicago, IL
Andrew Luett answered:
Who is great Sell side broker in Rogers Park?
Hey Andrew,

Michael Hulett with Jameson Real Estate: 773-744-4447, mhulett@jameson.com

Thanks,
Andrew
0 votes Share Flag Thu Jan 6, 2011 Home Selling in Chicago
Bruce Ailion, Real Estate Pro in Marietta, GA
Bruce Ailion answered:
If I sell an investment property in hawaii, can i do a 1031 exchange and apply the capital gains towards another residential property i plan to.....
If done properly, you can sell an investment property in Hawaii and reinvest the proceeds in property deferring some or all the gain. To complete a 1031 exchange you will need an excha ... more
0 votes Share Flag Wed Jan 26, 2011 Home Selling in 60618
Voices Member,  in
Voices Member answered:
How can I recover earnest money if the buyer left the country?
Talk to your lawyer. You can try to get the buyer's former lawyer to sign the earnest money release form. If not, you may have to go to court for it.

There was a situation simil ... more
0 votes Share Flag Mon Jan 17, 2011 Home Selling in Chicago
Jeff Nobleza, Real Estate Pro in 60640
Jeff Nobleza answered:
how do you cancel a contract to sell your pproperty if it has been on the market for over 4 months and no contract yet?
Each listing agreement is a little different. It all depends on what you have signed. I'd be happy to sit down with you to review it if you wish.

Jeff Nobleza
Baird & Warne ... more
0 votes Share Flag Wed Nov 3, 2010 Home Selling in 60621
Marilyn, Home Seller in 60004
Marilyn asked:
0 votes Share Flag Fri Sep 24, 2010 Home Selling in 60657
Linda S. Cef…, Real Estate Pro in Oak Creek, WI
Linda S. Cefalu answered:
A senior citizen belives that his deceased sister's home was sold illegally? How can he find out more information?
Tm,

You need to contact an attorney asap! He/she is most likely going to ask whose name the house was in; if the brother's name was on the deed; was the brother given legal aut ... more
0 votes Share Flag Fri Sep 10, 2010 Home Selling in Chicago
Vincent J Ca…, Real Estate Pro in Monterey, CA
Vincent J Catania answered:
Two entries to a washroom or one large walk-in-closet?
Walk-in Closets are alway a plus for resale. As long as the Bathroom is accessable from a public area you should be fine. You just want to avoid the only bathroom entrance being from th ... more
0 votes Share Flag Sat Apr 14, 2012 Home Selling in 60605
Blasic Smith…, Real Estate Pro in Murrieta, CA
Blasic Smith Team answered:
Will I lose money if I try to sell now???
Hi Maha,

Contact a local Realtor in your area to do a comparative market analysis on your property and tell you what it's worth so you can make an informed decision. It is free ... more
0 votes Share Flag Sat Nov 27, 2010 Home Selling in 60618
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Should I try to sell my condo without a Realtor?
To sell on your own or with an agent is a decision only you can make, however do consider--your house is your home. Emotions are homebound---selling your house is a business transaction ... more
0 votes Share Flag Fri Dec 21, 2012 Home Selling in 60618
Newman-Mitri…, Real Estate Pro in Near North Side, Chi...
Newman-Mitrick RE Group answered:
In the process of amending our bylaws, we would like to know what the ideal unit owner-rental ratio should be? We have an 8 unit complex w/ 3 rented.
You can absolutely amend your by-laws but you need the help of a good attorney first. I recommend Jason Sherwood of Sherwood Law who's website is attached here.

If you have ove ... more
0 votes Share Flag Thu Aug 19, 2010 Home Selling in Chicago
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Sell now at a loss, and purchase to get a good value, or hold on and wait for values to rise?
It's always a good time to sell when you need and want to sell--and a decision only you can make based on your finances, wants, needs, lifestyle, etc. Unfortunately none of us can ... more
0 votes Share Flag Mon Aug 23, 2010 Home Selling in Lincoln Park
Scott Miller…, Real Estate Pro in 33432
Scott Miller - REALTORĀ® answered:
Is it possible to sell your home and buy another if you are currently unemployed?
Absolutely! If you're buying with cash, not mortgage. There are no mortgage companies these days that will let you buy with 'stated income' or no employment. Cash is k ... more
0 votes Share Flag Thu Mar 3, 2011 Home Selling in Chicago
Philip Sencer, Real Estate Pro in Chicago, IL
Philip Sencer answered:
I'm moving I have an investment property (town home) on the South Side I want to sell. Cash flow is $1,200 no mortgage/liens. Had it for a
There have not been any sales of townhouses anywhere near that area for over one year, except for a foreclosure. It's a tough market. There is one on the market for 78K....3br 1bth ... more
0 votes Share Flag Tue Nov 9, 2010 Home Selling in Chicago
Shivers, Real Estate Pro in Chicago, IL
Shivers asked:
0 votes Share Flag Thu Jul 22, 2010 Home Selling in Chicago
Philip Sencer, Real Estate Pro in Chicago, IL
Philip Sencer answered:
Do I have to list my condo the price the agent suggested?
From what you say I think you clearly should speak with a few other agents. Why would he give you comparables of 2 bedroom units when you have a 3 bedroom unit??? Something does not so ... more
0 votes Share Flag Mon Aug 23, 2010 Home Selling in Chicago
Jim Walker, Real Estate Pro in Carmichael, CA
Jim Walker asked:
0 votes Share Flag Mon Jul 5, 2010 Home Selling in Chicago
Peter Kedzior, Real Estate Pro in Arlington Heights, IL
Peter Kedzior answered:
Should I wait it out a couple years?
The current market awards people who are willing to take a hit while selling their existing properties in exchange for a killer deal on a bigger home. Remember, you may lose $20K on you ... more
0 votes Share Flag Wed Jun 30, 2010 Home Selling in Chicago
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