Naperville : Real Estate Advice

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jeff donnell…, Real Estate Pro in Saint Charles, IL
jeff donnellan answered:
Sale Market in Naperville, IL 60564
You're asking all the right questions. Of course your home will look better with improvements, but it would be difficult to advise how much is necessary vs. how much would be need ... more
0 votes Share Flag Sat Sep 11, 2010 Home Selling in Naperville
Suzanne Hami…, Real Estate Pro in Orland Park, IL
Suzanne Hamilton answered:
Is it possible to buy something for less then it cost to rent a one bedroom apartment..?
Antny -

Owning is nearly always better than renting. With owning, you get tax deductions that offset some of the cost and buying now at the lowest point will build equity.

Whe ... more
0 votes Share Flag Sun Jan 8, 2012 Foreclosure in Naperville
Simir Shah, Real Estate Pro in Chicago, IL
Simir Shah answered:
If you are an all cash buyer, do you get a better deal buying a foreclosed/Repo house or can you negotiate a significant discount even with
Since the banks have been getting burned on waiting for financing and delaying their sales, you have considerable leverage as a cash buyer, I have done deal where I have seen them take ... more
0 votes Share Flag Sat Dec 10, 2011 Home Buying in Naperville
Michele Nixon, Real Estate Pro in Naperville, IL
Michele Nixon answered:
What zip code in Naperville has the best public schools are are also close to Metra / Public transportation. I am looking to relocate in Sept. and

Naperville has two school districts (203 and 204), both with excellent schools We're also fortunate enough to have two train stations on the nor ... more
0 votes Share Flag Wed Nov 27, 2013 Market Conditions in 60540
Patrick Thies, Real Estate Pro in Anytown, IL
Patrick Thies answered:
I'm considering on buying a single family house and then renting it as an investment. May I please know how good is Naperville area for finding?
The rental market is pretty good all over right now. Naperville is no exception. The key is buying at the right price and having a rent in line with what is available so that your mon ... more
0 votes Share Flag Tue May 1, 2012 Rentals in Naperville
Melissa Loug…, Real Estate Pro in Richmond, VA
Melissa Loughridge Savenko answered:
Do other agents find that the young professionals between the ages of 24 to 30 have to lean on their parents throughout a transaction?
In my experience, all the first time buyers, be they 24 or 44, are requiring a lot of extra attention. It can be frustrating, because many people assume being a real estate agent requi ... more
0 votes Share Flag Sat Sep 28, 2013 Home Buying in 60540
Al Raymondi, Real Estate Pro in Ormond Beach, FL
Al Raymondi answered:
When helping aggressive sellers price their home, if priced under area listings, are we to blame for declining market values in their area?
Maybe the other homes for sale are priced over the true market value. If they are lelling at the higher prices your one lower sale will have little impact on overall values. If the ot ... more
0 votes Share Flag Thu Sep 9, 2010 Home Selling in Naperville
Dallas Texas, Real Estate Pro in Dallas, TN
Dallas Texas answered:
Can anyone recommend an excellent real estate attorney in the Chicago western suburbs who has experience in landlord/tenant litigation?
You need to clarify are you seeking residential or commercial ?

If you are the property owner have you thought about small claims court?

Attorneys will need a retainer to star ... more
0 votes Share Flag Thu Jun 10, 2010 Rentals in Naperville
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
Are you planning on moving in 2010?
I'm not gong anywhere..........that I know of, anyway!
0 votes Share Flag Sat Jan 23, 2010 Home Buying in Naperville
Sharon Poisel, Real Estate Pro in Schaumburg, IL
Sharon Poisel answered:
Hi - after putting in an offer to the seller, how long do negotiations typically take to arrive at an agreeable price? Is it better to wait a day or?
I wish the answer were simple but there just is not a rule of thumb these days. Is it a sale by local seller not upside down in the house, is it a short sale or foreclosure, is the sel ... more
0 votes Share Flag Wed Dec 9, 2009 Home Buying in Naperville
Michele Nixon, Real Estate Pro in Naperville, IL
Michele Nixon answered:
Is there a way to get all the new residents monthly for a specific zip code?
Hi Gina,

Probably the best way to get a daily, weekly or monthly email is to have an agent set up a search in the MLS. That way the information is "live" and up to date.

... more
0 votes Share Flag Thu Oct 15, 2009 In My Neighborhood in 60565
Sandy Worthen,  in Las Vegas, NV
Sandy Worthen answered:
we tried to buy a house in foreclosure and by the time we submitted our contract the property has become bank
thats not a problem. you can now buy it from the bank, using a realtor. their prices are very good!
0 votes Share Flag Sun Jan 8, 2012 Foreclosure in Naperville
Hnms06, Home Buyer in 60565
Hnms06 answered:
Will my mortgage company recheck my credit score before closing?
.... His credit score is now 624. Our current lender requires a 620. We have finally worked something out with his employer so we can stay with our current lender and decided this was ... more
0 votes Share Flag Wed Jul 22, 2009 Financing in 60565
Prudential S…, Real Estate Pro in Naperville, IL
Prudential Starck, Realtors of Naperville answered:
is a steel lintel problem serious?
Hi Susan,

It depends on what is wrong with it. Typically, about the only thing really wrong with them is that they need to be scraped (to remove the rust) and then repainted with a r ... more
0 votes Share Flag Sun Jul 5, 2009 How To... in 60563
Mike Long, Real Estate Pro in Naperville, IL
Mike Long answered:
How Will It Affect My Credit Score If I Change Mortgage Brokers?
Hi. In my opinion it will not affect your scores enough to make a difference. Just don't let more than 1 more lender check your credit. You can speak to a few and test them ... more
0 votes Share Flag Wed Jul 1, 2009 Financing in 60565
Mike Long, Real Estate Pro in Naperville, IL
Mike Long answered:
Long Term Rent Contract!
Brick...I don't deal with rentals so won't be much help but remember you from previous discussions. Wanted to wish you the best of luck and hope you find a renter as soon as possible. ... more
0 votes Share Flag Wed Jul 25, 2012 Home Selling in 60563
Eric Hall, Real Estate Pro in Aurora, IL
Eric Hall answered:
How much, on average, have home prices declined in 60540 in the last year? 5%, 10%, 20%? More?
The general answer would be about 10%-15% but you would have to take into account the nearby sales for a more accurate assessment. Every Comparative Market Analysis has different param ... more
0 votes Share Flag Wed Jul 8, 2009 Market Conditions in 60540
Larry Ulfig,  in Plainfield, IL
Larry Ulfig answered:
What is the current average price per square foot in Naperville, IL?
There is not really an answer to your question about an average square foot price. There are a lot of factors to determine pricing on homes, first off the square foot pricing is g ... more
0 votes Share Flag Tue Oct 27, 2009 Home Buying in 60540
David Cruick…,  in Palatine, IL
David Cruickshank answered:
recourse loan in illinois?
The first question I have is are you deliquent on your payments or are you just upside down on your loan amount. If you are upside down and you need to lower your payments there may be ... more
0 votes Share Flag Mon Apr 13, 2009 Foreclosure in Naperville
Sean Cochran, Real Estate Pro in Naperville, IL
Sean Cochran answered:
how long can i stay in my house...if i stop making payments from May... can i stay there until feb 2010?
Hi Brick. You really need to talk to a real estate atty to best answer that question. I can, however, offer you an educated opinion. If you stop making payments in May. I say about 4 mo ... more
0 votes Share Flag Fri May 15, 2009 Foreclosure in Naperville
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