Illinois : Real Estate Advice

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Ian Halpin, Real Estate Pro in Chicago, IL
Ian Halpin answered:
What does it mean to recast a loan?
Glo
Typically what this means is that the borrower pays down some of the principal and the lender them re amortizes the balance hence lowering the monthly payments. I believe it's ... more
0 votes Share Flag Fri Apr 12, 2013 Financing in 60629
Claire-Anne…, Real Estate Pro in Indianapolis, IN
Claire-Anne Aikman answered:
I own a house in Pittsfield, IL. It is a rental and is occupied (no lease). I've been trying to sell it for years, to no avail. Any ideas?
How long has it been rented? Is there any chance the tenants want to own it? If so, maybe you work out a lease to own option for them? If Pittsfiled was a larger city marketing would ... more
0 votes Share Flag Sat Apr 27, 2013 Home Buying in Pittsfield
Josh Barnett, Real Estate Pro in Chandler, OK
Josh Barnett answered:
hows the school dist
Click on the "Local Info" tab at the top, great info on schools.
0 votes Share Flag Thu Apr 11, 2013 Market Conditions in Streamwood
Sam Sharp, Real Estate Pro in Chicago, IL
Sam Sharp answered:
VA non spouse loan.
Mystery solved - I can help you
Sam Sharp
Senior VP of Mortgage
Guaranteed Rate
773 290 0455
0 votes Share Flag Fri Apr 12, 2013 Financing in Chicago
Sandro Gonza…, Real Estate Pro in Oak Brook Terrace, IL
Sandro Gonzalez, ABR answered:
We are in the process of purchasing a foreclosure, after having the appraisal we were told there is peeling exterior paint on the windows,
Yes it would, however, to be safe scraping all the paint off is best... The reason FHA won't allow chip paint is the potential for lead poisoning.. Hope this helps!
0 votes Share Flag Fri Jul 19, 2013 Home Buying in 60634
Philip Sencer, Real Estate Pro in Chicago, IL
Philip Sencer answered:
We are in the process of purchasing a foreclosure, after having the appraisal we were told there is peeling exterior paint on the windows,
You need to ask your lender!!!!! Who is paying for all of this? I hope not you because the deal may not work out and you would be out the money.
0 votes Share Flag Fri Apr 12, 2013 Home Buying in 60630
Melissa Kamp…, Real Estate Pro in Greenwood, IL
Melissa Kampschroer Leetzow answered:
how can people not beable to rent a home that have been in a forclosure, where is everyone moving to?
Hi Kim

There are choices after foreclosure. I work with an investor that gives you a lease with option to purchase.

Give me a call at your convenience to fill you in on the progr ... more
0 votes Share Flag Fri Apr 12, 2013 Rentals in Cary
David Hanna, Real Estate Pro in Chicago, IL
David Hanna answered:
Does anyone know about foreclosure property for sale on East 93rd Street, chicago 60617?
Work with a Realtor who knows the area and how to access foreclosed properties.
0 votes Share Flag Thu Apr 18, 2013 Foreclosure in Chicago
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
can i buy a house with itim numbre?
Yes
you need ITM number or social security number to get a mortgage. Lender will not loan money to an illegal resident like in the good old days six years ago. Also you need to have ... more
0 votes Share Flag Tue Apr 16, 2013 Home Buying in 60041
Geoff Ommen, Real Estate Pro in Barrington, IL
Geoff Ommen answered:
I want to rent a single family/ town home in Hinsdale Middle school attendance zone. My budget is upto 3500 and moving date is 6/1/13.
Your timeline is perfect for a 6/1 move in. Inventory changes frequently. Let me know where you are coming from, and how you would like to proceed. My neighbor went to Hinsdale Middl ... more
0 votes Share Flag Thu Apr 11, 2013 Home Buying in Hinsdale
David Hanna, Real Estate Pro in Chicago, IL
David Hanna answered:
I am looking for an agent
Hi Katie-

I do this for other investors outside the US. I am available
to discuss this via email or via phone.

Dave Hanna
(773) 732-9123
davehanna@realtyexecutives.com
0 votes Share Flag Mon Jul 29, 2013 Home Buying in West Pullman
Alison Hillm…, Other/Just Looking in San Francisco, CA
Alison Hillman answered:
im looking for a 3 to 4 bedroom section 8 house are there any available
Hey there-

Take a look at some of the options available on Trulia: http://www.trulia.com/for_rent/Naperville,IL/x_map/

Hope this helps!

Ali, Community Manager
0 votes Share Flag Wed Apr 17, 2013 Home Buying in Naperville
Matt Bukovy, Real Estate Pro in Chicago, IL
Matt Bukovy answered:
Can I get a home loan 1 day after chapter 13 discharge? With what company?
Yep. Wintrust Mortgage.

Call me at 847-939-9411

Thanks,

Matt Bukovy
Senior Mortgage Consultant
0 votes Share Flag Tue Dec 22, 2015 Home Buying in Chicago
Geoff Ommen, Real Estate Pro in Barrington, IL
Geoff Ommen answered:
If a house is listed for 549,900 what is a good price to ask to actually buy it?
That is a really bold question. If you are working with an agent (and you should be) they would be able to provide you with comparative properties to reach a fair number. Your offer p ... more
0 votes Share Flag Mon Jun 17, 2013 Home Buying in Glen Ellyn
Matt Laricy, Real Estate Pro in Chicago, IL
Matt Laricy answered:
Does anyone know about the rental on 1727 n Humboldt Blvd.?
I dont see anything on the market in there right now.
0 votes Share Flag Wed Apr 17, 2013 Rentals in 60647
Greg Vanden…, Real Estate Pro in Bollingbrook, IL
Greg Vanden Brook answered:
can i get a home loan with 6 months work history good credit and 20% down payment?
Sure you can, but it will depend on a few things. Some people graduate school, get a job and are able to purchase. So the question is, what did you do before the 6 months job history?
0 votes Share Flag Tue May 28, 2013 Home Buying in Naperville
Kim Glass, Other/Just Looking in San Francisco, CA
Kim Glass answered:
hello i would like to know a little more about your program and how they deal with section 8 tenants and with helping us find rentals.
Hi Donna,

You aren't asking anyone in particular on this thread. If you found a particular property you are interested in, go back to the listing and click the orange "Contact Proper ... more
0 votes Share Flag Fri May 17, 2013 For Rent in Lansing
Matt Laricy, Real Estate Pro in Chicago, IL
Matt Laricy answered:
Does Chicago have rent control?
Each unit owner can do what they want with their places as long as its within guide lines of the associations and the law.
0 votes Share Flag Tue Apr 9, 2013 Rental Basics in Chicago
Matt Laricy, Real Estate Pro in Chicago, IL
Matt Laricy answered:
How can we document the condition of the unit at the time of move-in? With pictures or in writing? Other ideas?
I think those two things, possibly even video.
0 votes Share Flag Wed Apr 10, 2013 Rental Basics in Chicago
Kathryn Schr…, Real Estate Pro in Chicago, IL
Kathryn Schrage answered:
Does anyone know about the listing on 1848 W Cortland.?
I live right around the corner. I believe this has been rented. Please feel free to contact me..my email
is kathy@jamesonsir.com
0 votes Share Flag Wed Apr 10, 2013 Rentals in Bucktown
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