60031 : Questions & Answers

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Larry Bernst…, Real Estate Pro in Chicago, IL
Larry Bernstein answered:
My husband and I are wanting to buy a house but don't know where to start because our credit is not that great. How to fix credit?
If you are still in the market to purchase, I can offer options with credit scores down to 580 w/ 3.5% down. If you are putting 10% down, I can offer options down to 550 scores. Call me ... more
0 votes Share Flag Wed Aug 27, 2014 Home Buying in 60031
Lisa Schade, Real Estate Pro in 60048
Lisa Schade answered:
With 85k(all cash deal) to invest what would be a better deal, a 75k condo (needs TLC) 2b/2b..or a 50k, 2b/1b (can move in tmrw) but not area not as
Hi VanessaChicago27

There is no right or wrong answer to this question. What you are feeling is known as buyers remorse. And, it is normal. To answer the question effectively, one ... more
0 votes Share Flag Sun Jan 5, 2014 Home Buying in 60031
Michael Petr…, Real Estate Pro in Omaha, NE
Michael Petrovich answered:
yes what would a 60000.00 loan cost me a mounth on a 15 year loan
Payment on a $60,000 loan at today's 15 year rate of approximately 3.5% (this will depend on several factors like credit and down payment) is $428.92. At a rate of 3.625% it is $432.62 ... more
0 votes Share Flag Wed Sep 25, 2013 Financing in 60031
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
What are the benefits of having a realtor to help with renting, buying or building a 4 bedroom near the Naval Base?
Hi
How long will you be stationed at Great Lakes? I don't think it makes sense to buy if you are stationed here less than 3 years. New construction Volo is pretty far west, and builder ... more
0 votes Share Flag Sun Aug 18, 2013 Home Buying in 60031
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
where is the listing for foreclose homes?
Deborah is right!
the first stage for a bank is to record a notice of default with the county. Plus illinois has a long redemption period for the owner to become current with mortgage ... more
0 votes Share Flag Thu Jun 6, 2013 Tech Tips in 60031
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
deborah so can that true that i can get a home no downpayment or morgage payment?
short answer is no.................great over answered answer Don!
0 votes Share Flag Sun Mar 31, 2013 Foreclosure in 60031
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
I am looking for a rent to own property is there anything like this available?
i had a presentation at an office sales meeting one month ago where we were pitched on this investor group that buys REO foreclosures, improves the property and streamlines the rent to ... more
0 votes Share Flag Sun Mar 17, 2013 Rent vs Buy in 60031
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
Renting after foreclosure
WOW this is an old post, rephrase the question if still needed...
0 votes Share Flag Sat Feb 12, 2011 Foreclosure in 60031
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
i have badcredit can i get approved or not or it depends?
Credit score is but one factor used in underwriting approval. it is the first hurdle, but also taken into consideration is job history/stability, salary or variable contract work. Also ... more
0 votes Share Flag Mon Jan 31, 2011 Home Buying in 60031
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