Stacy Karel

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Stacy Karel,  in Chicago
  • 63 Answers
  • 25 First Answers
  • 25 Useful Answers
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About Me
Stacy entered the real estate business after a career in sales and marketing in the professional services and financial services software industries. She has a MBA from the Kellogg School of Management, and has been an active real estate investor for the past 15 years, purchasing and selling properties in Chicago and Phoenix. She is the number one agent at her office- Keller Williams Chicago Properties- located in River North and has one of the best independent sites on the web- www.CONDOChicago.com. Stacy enjoys helping her clients purchase and sell condos, townhomes, single family homes and investment properties in Chicago and is the developer of a townhome project in Phoenix- www.BiltmoreCourt.com
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Stacy Karel's Questions (0)
Stacy Karel's Answers (63)
Stacy Karel answered:
Also a low ceiling height and not having entrances/exits at both ends of the unit may make it illegal. Some owners that know they have an illegal apt may market it as an "in-law" or related family living space. Technically, no rent can be collected. - Yesterday, 06:45
Stacy Karel answered:
It wouldn't hurt to call the agent representing the property to let them know that his or her seller will have difficulty getting the paid assessment letter because they are in arrears. - Yesterday, 01:00
Stacy Karel answered:
For all practical purposes... do nothing...except pay your mortgage on time! If you have to refinance and already have another residence you will have to come clean. - Wed Jul 23 2008, 09:25
Stacy Karel answered:
It doesn't change the market time of the listing...Price change and reduce the price - Wed Jul 16 2008, 09:42

Is it possible to have a hybrid MLS FSBO real estate offering?

Stacy Karel answered:
Usually you can negotiate a lower commission... for instance 4% instead of 5% for the listing- but you must know.. the agent is really doing double work with someone unrepresented. They have qualify these buyers and make sure their ability to close is real. In reality, in this market- the serious buyers are represented- take your loss and move on if you need to go. - Thu Jun 26 2008, 08:22
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