Home Buying in 60653 : Questions & Answers

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joy.r.sinegar, Real Estate Pro in Chicago, IL
joy.r.sinegar answered:
buying house;in-laws live there as tenants, not pd rent in 1 yr due to foreclosure. Want them out asap, since apt will not be for them. What do I do?
You will have to file a 30 day notice and then enforce it in court if they do not comply. It is unfortunate but that is the only way to ensure action
0 votes Share Flag Sat Jan 18, 2014 Home Buying in 60653
Greenlee Rea…, Real Estate Pro in New Port Richey, FL
Greenlee Realty Group answered:
Are there any condo's in the zip code 60653 where heat is included?
I have not come across any you can purchase. Its possible in a rental but you would have to act quickly when you found it as its not typical.
0 votes Share Flag Tue Dec 24, 2013 Home Buying in 60653
Santiago ken…, Real Estate Pro in Chicago, IL
Santiago kensel Sanchez - CDPE answered:
Can I Change Realtors while under contract for a property?
No you cant ! if the property is under contract with that realtor , nothing you cant do
0 votes Share Flag Tue Sep 24, 2013 Home Buying in 60653
Santiago ken…, Real Estate Pro in Chicago, IL
Santiago kensel Sanchez - CDPE answered:
Loan In Suspension
Wells Fargo are slow and with a lot of Administration , i sugest you to go with a local bank with a local underwrting ...
0 votes Share Flag Tue Sep 24, 2013 Home Buying in 60653
Jessica John…, Home Buyer in Chicago, IL
Jessica Johnson answered:
FHA 203K or Conventional Renovation Mortgage Brokers/ Originators Referrals?
Thanks everyone for your speed responses!
0 votes Share Flag Sun Dec 9, 2012 Home Buying in 60653
Jeff Nobleza, Real Estate Pro in 60640
Jeff Nobleza answered:
Eviction - Chicago, IL
Erik Miles 312-854-8092
Miles@LawFirmMiles.com
0 votes Share Flag Fri Sep 28, 2012 Home Buying in 60653
Carl Witzig, Real Estate Pro in Montclair, NJ
Carl Witzig answered:
Recent graduate (real estate novice) - Questioning whether I should mortgage or rent.
On second thought, the best advice here is Seth Captain, below. A condo complex with lots of foreclosures is not a good sign. And the down payment there will be 20 to 30% with interest ... more
0 votes Share Flag Tue Aug 21, 2012 Home Buying in 60653
Joanna Weiss, Real Estate Pro in Chicago, IL
Joanna Weiss answered:
I am a first time homebuyer and can not get a down payment grant. Are there any grants for first time homebuyers exist? And how do I apply?
We offer the IDHA program for first time home buyers as well as the Welcome Home Heroes. I would love to help you. 312-307-2787
0 votes Share Flag Fri Aug 17, 2012 Home Buying in 60653
Queen, Home Buyer in Minneapolis, MN
Queen answered:
Should I have any concerns about Oakwood Shores on 39th & Vincennes?
There were a couple of break ins from 2007 to 2009 but the management company put a end to those shenanigans real quick. A lot of the tenants in Oakwood Shores who were originally from ... more
0 votes Share Flag Fri Aug 17, 2012 Home Buying in 60653
MarkusAIC, Real Estate Pro in Chicago, IL
MarkusAIC answered:
Because the condo association owes the water company $50,000, foreclosured properties bought will not be in the purchaser's name, who
This doesn't even make sense. My guess is you believed the sales pitch / hype and didn't bother to do your homework. This sounds like one of those 'it's a great deal ... more
0 votes Share Flag Fri Sep 23, 2011 Foreclosure in 60653
Christopher.…, Real Estate Pro in Chicago, IL
Christopher.Thomas answered:
Hi my name is Susie. I wanted to know about renting a condo/townhome that is in preforeclosure.
Dear Susie,

There are a lot of uncertainties around the decision you're considering making. I'd suggest to you that there are many, many other rental options available to ... more
0 votes Share Flag Thu Jun 9, 2011 Foreclosure in 60653
Andrew Luett, Real Estate Pro in Chicago, IL
Andrew Luett answered:
Can not get FHA Mortgage because condo has special assessment?
Hi Beldon,

I have closed several FHA loans over the past 6 months in condo buildings where there was a special assessment currently in place. As long as the subject unit's shar ... more
2 votes Share Flag Fri Jan 8, 2010 Home Buying in 60653
Ron, Real Estate Pro in Chicago, IL
Ron answered:
I recently searched on the foreclosure databases and saw a REO property that I am interested in. Its owned
Well, the bank can legally always reject your offer. But with the way things are now in the real estate market, it is not likely that they will, unless your offer is for 10 cents on the ... more
0 votes Share Flag Tue Oct 13, 2009 Foreclosure in 60653
Nike (Nikki)…, Real Estate Pro in Beverly, Chicago, IL
Nike (Nikki) Fasanya, aka Nike Knows Mortgages! answered:
I've taught for 15 years, first-time HBmay not have a 620 credit score. Is there a way to get approved?
Hi Love2teach,

You don't necessarily need a 620 score to get approved for a mortgage. There are still a few Lenders that approve loans based on what we call "common sense underwriti ... more
0 votes Share Flag Thu Jul 16, 2009 Home Buying in 60653
Newman-Mitri…, Real Estate Pro in Near North Side, Chi...
Newman-Mitrick RE Group answered:
How do I find the buyer of a property after the contract is accepted but before the sale closes?
Your proposition could create a host of legal issues for everyone involved. If you're interested in conducting a fair and documented transaction then you should have the listing agent ... more
0 votes Share Flag Mon Apr 20, 2009 Home Buying in 60653
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