Palatine : Advice

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Bonnie Rooney, Real Estate Pro in Palatine, IL
Bonnie Rooney answered:
I am buying a townhome at W.Kristen ct, Palatine. 3/10 townhomes here have been foreclosure. Is that an alarm?
This is an exteremely small subdivision built in 2006. Buyers who bought at that time paid top dollar. Clsing costs at that time ran from $439,00 to the highest of $598,000. Needless to ... more
0 votes Share Flag Tue Jun 1, 2010 Home Buying in Palatine
Laura Karamb…, Real Estate Pro in Downers Grove, IL
Laura Karambelas answered:
What is the average DOM? How many months of inventory in Palatine? Any Stats on New construction?
Hi Dealcon-

If you give me price range and type of home....single family or attached I should be able to provide that information for you.

Laura Karambelas CREN, RCC, CNHS
Baird ... more
0 votes Share Flag Sat Mar 6, 2010 Market Conditions in Palatine
Steve Rogers, Real Estate Pro in Lubbock, TX
Steve Rogers answered:
My house has 4 bedrooms upstairs. On the 1st floor there is a room that we use as an office. The size is 12x14. Should I list the house as 5 bedrooms?
Generally speaking, a room can be considered a bedroom if it has a closet and access to a bathroom. In a listing we sometimes put something in the comments like "downstairs office ... more
0 votes Share Flag Wed Feb 17, 2010 Home Selling in Palatine
Mary Zentz, Real Estate Pro in Arlington Heights, IL
Mary Zentz answered:
Does Palatine have a real estate transfer tax? I've tried to look on their website for information, but have had no luck. I know other suburbs
At this time Palatine does not have a transfer tax. That is just one more reason I like Palatine. Mary Zentz REMAX SUBURBAN Arlington Heights
0 votes Share Flag Tue Mar 23, 2010 Home Selling in Palatine
Louise Flemi…, Real Estate Pro in Palatine, IL
Louise Fleming answered:
Does any one know around quarter acre residential land in fremd HS palatine?
There are about 25 land listings within the Fremd High School boundaries currently on the MLS, with prices starting at $199,900. If you are not currenlty working with a REALTOR and wou ... more
0 votes Share Flag Tue Dec 29, 2009 General Area in Palatine
Louise Flemi…, Real Estate Pro in Palatine, IL
Louise Fleming answered:
1819 W Ashbury Ln , Inverness, 60067 Aberdour Ln, Inverness, 60067-Any idea about the history of these homes,
The last sale for the home at 1819 Ashbury was $280K in 2004. It has been on the market for 172 days. There is one other home on the market in that subdivsion, listed at $392K. Within t ... more
0 votes Share Flag Thu Dec 17, 2009 Home Buying in Palatine
Linda Sloss, Real Estate Pro in Saint Charles, IL
Linda Sloss answered:
1332 Winslowe Drive , Palatine IL,why is this priced low?Is this not Fremd HS district area?
This is a home in pre-forclosure,that is for sale as a "short sale". this means that the owner owes more than he has it listed for, and the bank is willing to take less than i ... more
0 votes Share Flag Thu Dec 17, 2009 Home Buying in Palatine
Louise Flemi…, Real Estate Pro in Palatine, IL
Louise Fleming answered:
1819 W Ashbury Ln , Inverness, 60067 Aberdour Ln, Inverness, 60067Can you help me with an idea to these two places in inverness?
Both these properties are spacious townhomes in popular developments. They provide the feel of a single family home without the maintenance. The home on Ashbury is priced at $335K and t ... more
0 votes Share Flag Thu Dec 17, 2009 Home Buying in Palatine
Laura Karamb…, Real Estate Pro in Downers Grove, IL
Laura Karambelas answered:
Who is the management company for Cornell Lakes in Palatine?
Sometimes we have that listed in the MLS but when I searched the active listings there isn't any information provided. The listing agent normally has the management company's ... more
0 votes Share Flag Sun Dec 20, 2009 In My Neighborhood in Palatine
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
Can a lender deny a potential condo buyer a mortgage because the condo assoc. has several unit in delinquency of collecting monthly assessments?
These days a lender can deny a loan for a lot of reasons......pending foreclosures, deliquencies, % of owner occupied units, % of units rented out...etc., are just some of them. The re ... more
0 votes Share Flag Mon Nov 30, 2009 Home Buying in Palatine
Louise Flemi…, Real Estate Pro in Palatine, IL
Louise Fleming answered:
I have a nice 2br 2ba condo to sell in Lake Louise Condo's and I'm having a hard time selling iton Buyowner.com. My first question is how
You shpould interview three agents. Each should provide you with a market analysis that includes an estimate of your home's value in the current market as well as information about ... more
0 votes Share Flag Tue Dec 15, 2009 Home Selling in Palatine
Cherrie Cata…, Real Estate Pro in Chicago, IL
Cherrie Catama answered:
Can anyone provide me with a list of homes that have sold in the Whytecliff subdivision in past 18 months?
I am very familiar with the area and I would be happy to provide the information to you. Please email me so I can send you the list.

Thanks

Cherrie Catama
Newman Realty
cherri ... more
0 votes Share Flag Fri Oct 30, 2009 Home Selling in Palatine
Greg Olson, Real Estate Pro in Arlington Heights, IL
Greg Olson answered:
I am preparing a contract on 871 E.Coach Rd in Palatine. and I see alot of same type of units on sale in that area.. is something wrong in this area?
Only you can determine if the area is right for you. There are a lot of homes for sale in many areas so don't let that sway your decision. Do your homework with your agent and ma ... more
0 votes Share Flag Mon Dec 7, 2009 Home Buying in Palatine
Susan K Klatt, Real Estate Pro in 60004
Susan K Klatt answered:
Property Manager/Companies recommendations
Hello Wendy,
Typically a residental rental can be handled thorugh your realtor. With a strict tenant screening process and a clear understanding of home maintenance responibilites, y ... more
0 votes Share Flag Mon Jan 16, 2012 Rental Basics in 60067
Don & Mi…, Real Estate Pro in Yorkville, IL
Don & Michele McComb answered:
ARE THERE ANY PROBLEMS WITH CRIME AND POLICE CALLS AT743 WHISPERING QAKS DRIVE SUBV.PLEASE EMAIL. THKS ROSE
You need to call the local police department. They will provide the information you are looking for.
0 votes Share Flag Wed Nov 11, 2009 Home Buying in Palatine
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
Are there any problems with crime/police calls at the Dundee Quarter Apt. complex in Palatine on Baldwin Rd.?
Sue,

The best resource for issues of safety are the local police department or county sheriff's departmant. They have access to accurate and current information and are generally ver ... more
0 votes Share Flag Tue Apr 24, 2012 Crime & Safety in Palatine
Dennis Toomey, Real Estate Pro in Hoffman Estates, IL
Dennis Toomey answered:
What king of mortgage is FHA loan?
It is a loan insured by the Federal Housing Authority. It allows the buyer to put down as little as 3.5% and it is easier to qualify for the loan.

Dennis Toomey
RE/MAX TERRITORY
... more
0 votes Share Flag Sat Jun 13, 2009 Home Buying in Palatine
Edward J. Pl…, Real Estate Pro in Carol Stream, IL
Edward J. Plaskacz answered:
Short Sale: How many times can the bank come back and ask you for more money? We put an offer in for $207
Hi Julie,
A short sale does not follow the pattern of a normal sale. In a normal sale, the property is put on the market at a list price. After an offer is accepted, the status ... more
0 votes Share Flag Fri Jun 25, 2010 Home Buying in 60074
Susan Brill, Real Estate Pro in Palatine, IL
Susan Brill answered:
Is there any down payment assistance programs available to help buyers in the Palatine area?
There is a loan program that essentially allows the buyer to borrow against their future first time home buyer credit, allowing them to use for their downpayment. I can refer you to a ... more
0 votes Share Flag Tue Nov 10, 2009 Home Buying in Palatine
Laura Karamb…, Real Estate Pro in Downers Grove, IL
Laura Karambelas answered:
What is the sale price on this house?
Hi Nancy-

There is no property information listed. If you give us an address, we will be able to help.
0 votes Share Flag Tue Apr 28, 2009 Market Conditions in Palatine
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