You need to get an FHA consultant first, to inspect the house once you have a contract and then shop for the contractor...the consultant determines what has to be done with FHA funds and then you if there is anything else you want to do, you can. Are you doing a streamlined loan of less $35000. Do you have a lender and have you found a house yet and is it under contract, if so I have a contractor who is approved for FHA 203K out of Elmhurst. Your lender should be able to also give you names.
I am a local agent and for 12 years lived on the 500 block of Elgin (between Blue line and Madison St, one block off of Harlem). Feel free to pass my info on to them. Forest Park is a great place to live.
Do you have any specific questions about the area?
We are also considering this company, the company makes the majority of their money through the commission on your new home, they will agree to buy your house at a certain price if they find a lease to own tenant.... more
If you're in Georgia, check with a local realtor in your town who has sold under ground parking spots in other condo buildings. In Forest Park, IL they range from $10000 to $200000. In Chicago as much as $50000.... more