Juan

"Your trusted Advisor"

I'm a:	Real Estate Professional
Company:	Helping Hand Realty LLC
Location:	60639
Web sites:	My Web site
Phone:	(773) 394-3555

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About Me

Help client choosing a home of their dreams, and then help them manage their home equity with a mortgage by design.

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Juan's Questions (0)

Juan's Answers (5)

I've been told that foreclosures are the best value for me as a first time home buyer. T or F?

Asked Wed Apr 30 2008, 17:36 by Betsy - Redmond - Foreclosure - 21 answers

Juan answered:

Depending on your definition of a good value?
Work with a real estate agent( short sale or foreclosure)that knows what he/she doing. If it;s a short sale; a complete package is a most. Litigation department don't have the time to deal wth un completed package. Make sure you know the true condition of the property ( most short sale are in pretty good shape at least here in Chicago, Il) so it could be communicate to the litigation dpt. by whom ever handling the negotiation with the agent . One number that you really need to know is the BPO.
Broker Price offer. The Lender and the investor do pay attention to this number.
Good luck - Wed May 28 2008, 17:15

How do we know what market value is in Chicago right now?

Asked Wed Apr 16 2008, 07:54 by Zachary A - Chicago - Market Conditions - 5 answers

Juan answered:

Market Value is an ART.
Depend on the data available at the time of looking at comparables. If you don't have enough information within 3 months then you look at 6months... and so on.
As a Mortgage Planner myself I can tell you that lenders are looking very closely at those comparables. - Fri Apr 25 2008, 07:59

What is the average deposit in the city of Chicago to an Owner upon the signing of a Sales Agreement?

Asked Fri Apr 4 2008, 18:09 by Alonzo - Wicker Park - Market Conditions - 5 answers

Juan answered:

There's no average. Everything is negotiable.
The earnest money has to be something acceptable to the seller.
Always remember you're trying to make an attractive offer and every detail counts.
Not just the earnest money. - Fri Apr 25 2008, 07:46

In Chicago, what are the laws about buying property as is??

Asked Thu Apr 24 2008, 11:42 by Kevin Silvers - Chicago - Home Buying - 8 answers

Juan answered:

"as is" does not mean " not disclosing" . Any material facts has be disclose by the seller to any potential buyer before an offer was made. - Fri Apr 25 2008, 07:23