Home Buying in 60629 : Questions & Answers

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Jeff and Kaye…, Real Estate Pro in 80132
Jeff and Kaye Piggot answered:
How do try to sell an old house so to at least break even. I still owe 154K but cannot afford to make repairs.
Financially it may make better sense for you to stay. I understand you need repairs but if you cannot sell it for what you owe to include commissions is it worth it? What would you sav ... more
0 votes Share Flag Thu Sep 11, 2014 Home Buying in 60629
Seth Captain, Real Estate Pro in Chicago, IL
Seth Captain answered:
What's the difference between "broker" and "agent" and which is the best to go with when buying/selling a home?
One sounds better than the other.

Broker is the new 'vice-president'
0 votes Share Flag Fri Jun 20, 2014 Home Buying in 60629
Ivan Sagel,…, Real Estate Pro in Chicago, IL
Ivan Sagel, ABR, SFR answered:
Is there anyway that I can get comps for houses that were sold in zip code 60629 in January, 2010?
Hello Mary,

I would be happy to meet with you and discuss your needs. Are you looking to buy or sell?

Best regards,

Ivan Sagel
312.515.7823
ivan@atproperties.com
0 votes Share Flag Thu Oct 10, 2013 Home Buying in 60629
Joe Schiller, Real Estate Pro in Chicago, IL
Joe Schiller answered:
What is the max DTI for FHA approved loans?
I think its 45% but the truth is it matters how you structure your debt
0 votes Share Flag Wed Oct 9, 2013 Home Buying in 60629
Glo, Home Seller in 60629
Glo answered:
My bank a local community bank requires annual w2's, financial statements, expense report, etc. For our mortgage loans. Is that legal?
The Bank states they are mandated by the Office of Comptroller of Currency to do annual financial checks ups. I am going to put my complaint in writing to the bank, then to the OCC then ... more
0 votes Share Flag Fri Aug 2, 2013 Home Buying in 60629
Manuel Brown…, Real Estate Pro in 60640
Manuel Brown (312) 600-5710 answered:
Looking for attorney who works with 501c3 organizations ( real estate closing on a church). Any recommendations?
Dear Glo,

Looks like you received a lot of recommendations. Might I also suggest finding out if one of you parishioners is a real estate attorney. He or she would have a vested int ... more
0 votes Share Flag Tue May 28, 2013 Home Buying in 60629
Santiago ken…, Real Estate Pro in Chicago, IL
Santiago kensel Sanchez - CDPE answered:
HOW CAN I GET A GOVERNMENT LOAN IN THIRTY DAYS TO PUT DOWN ON A HOUSE?
Government is not giving loans to purchase homes . Call a mortgage broker / bank for a low down payment loan FHA.
0 votes Share Flag Tue May 28, 2013 Home Buying in 60629
Santiago ken…, Real Estate Pro in Chicago, IL
Santiago kensel Sanchez - CDPE answered:
I am trying to find a investor to purchase. home cash for leasse to own.
The expression "buy back" could be illegal depend of the sale , to repair you credit you just need to paid the collections no an agency .
0 votes Share Flag Tue May 28, 2013 Home Buying in 60629
Al Dobbs, Real Estate Pro in Chicago, IL
Al Dobbs answered:
Does anyone know of a website where they specifically show commercial properties (not for a business) of 18 unit properties or more?
Try Cityfeet. They have many of the same listing as loopnet--but unlike loopnet; they do not keep asking you to join the service.

Al Dobbs
addrealty@aol.com
0 votes Share Flag Tue Dec 11, 2012 Home Buying in 60629
James P. Mic…, Real Estate Pro in 60605
James P. Michaels answered:
i recently applied for a short sale on my home and was accepted it is on the market and has a offer.The bank recently sent a broker to look at my home
A BPO stands for "broker price opinion," and it involves using a process very similar to an appraisal.
Companies hire a real estate broker to prepare an opinion of value. The represent ... more
0 votes Share Flag Thu Nov 1, 2012 Foreclosure in 60629
Matt Laricy, Real Estate Pro in Near North Side, Chi...
Matt Laricy answered:
i want to know is this house is sold 5519 s kolin ave?
They accepted a contract on the place, it just hasnt been updated in the MLS yet.

If your interested in buying, you should get a good buyers agent. This way you have someone to walk ... more
0 votes Share Flag Thu Apr 7, 2011 Home Buying in 60629
Jose Hernand…, Real Estate Pro in Chicago, IL
Jose Hernandez answered:
Please need an Advise? Chase want to Forclose because 2nd mortgage.
A charge-off is an accounting procedure for tax purposes used by a creditor where an uncollectable debt or charge-off is reported as a loss for the creditor. In other words the 2nd loa ... more
0 votes Share Flag Tue Dec 14, 2010 Foreclosure in 60629
Greg Zaccagni, Real Estate Pro in Illinois
Greg Zaccagni answered:
if i wanted to back out of a purchase, due to the fact that i can not afford it now
I agree with Brandon. If you are having buyers remorse you need to think it through before loosing your earnest money. If your employment has changed then the conditions of your pre-ap ... more
0 votes Share Flag Tue Jul 1, 2008 Home Buying in 60629
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