Chicago : Questions & Answers

change location

cancel or

Q&A

5,924
fpiperno, Both Buyer and Seller in Naples, FL
fpiperno answered:
does a buyer ever have to pay the real estate agent?
It all depends on the contract ie: as a buyer, you can have a contract with a buyer's agent stating that you will pay his commission and he will represent you in negotiations.
0 votes Share Flag A few hours ago Home Buying in Chicago
Rebeca Gonza…, Renter in Chicago, IL
Rebeca Gonzalez asked:
First Time Home Buying for Single Parent Help Are there programs in Chicago specifically for modest income (not low income qualifying) first time home buyers that are single parents? Especially for those rebuilding credit (currently…
0 votes Share Flag A few hours ago Home Buying in Chicago
Rmcallis2, Home Buyer in Chicago, IL
Rmcallis2 asked:
average cost of utilities for an all electric 2000sq ft. house geothermal closed loop furnace
0 votes Share Flag Yesterday at 1:35pm Home Buying in Chicago
Harjeet Bhat…, Real Estate Pro in Naperville, IL
Harjeet Bhatti answered:
Does rental mortgage count against my DTI for personal residence mortgage?
You purchased these investments in 2014, so you should have 2 years tax returns. If the rental income is positive on your tax returns, it will not count against your dti. If the rental ... more
0 votes Share Flag Thu Feb 4, 2016 Home Buying in Chicago
Margaret Pri…, Real Estate Pro in Lafayette, CA
Margaret Price answered:
if your home is forclosed on, do you receive any money after it's sold?
California has anti-deficiency laws. So, if the mortgage was a purchase-money loan, the lender cannot come after you to make up the difference between the price your home brought when i ... more
0 votes Share Flag Thu Feb 4, 2016 Home Buying in Chicago
Jessica, Renter in New York, NY
Jessica asked:
How do I become an Reo agent/broker for trulia properties? How can I become an Reo agent for Trulia properties
0 votes Share Flag Thu Feb 4, 2016 Home Selling in Chicago
John Meyers, Real Estate Pro in Park Ridge, IL
John Meyers answered:
what is my house worth? Linc Sq frame 2 flat 60625
A broker can provide a pretty good valuation if you can provide the address, list the items fixed and the items needing fixing, etc. -- I would be happy to help!
0 votes Share Flag Wed Feb 3, 2016 Home Selling in Chicago
John Meyers, Real Estate Pro in Park Ridge, IL
John Meyers answered:
I accepted a contract from a buyer. He then never had time to bring earns money or commitment letter. Should his agent of known about problems and do?
The commitment letter should have been provided along with the offer. -- The buyer's agent should have been in close communication with your agent about getting the earnest money check. ... more
0 votes Share Flag Wed Feb 3, 2016 Home Selling in Chicago
John Meyers, Real Estate Pro in Park Ridge, IL
John Meyers answered:
Need help finding fha approved condos.
Real estate brokers can search FHA approved properties on the MLS. -- I would be happy to help!
0 votes Share Flag Wed Feb 3, 2016 Home Buying in 60616
John Meyers, Real Estate Pro in Park Ridge, IL
John Meyers answered:
Hi. This is my first year in USA, I work as a taxi driver , I have low income,can I buy a house ???
Hello Tarifas,

You will need to build credit, establish a social security #, etc before being qualified for a home loan. --

Rent for now and always pay your utility bills, etc on ... more
0 votes Share Flag Wed Feb 3, 2016 Home Buying in Chicago
Eduardo Bece…, Real Estate Pro in Placentia, CA
Eduardo Becerra answered:
What lenders are providing mortgage loans for borrower with ITIN number and is a Visa required in addition to the ITIN number?
I have found only one lender that will do this type of loans; I am in Orange County California. I can share this info with anyone who is interested. (951) 712-7372 Thanks
0 votes Share Flag Tue Feb 2, 2016 Financing in Chicago
Jack Lewitz, Real Estate Pro in Lincolnwood, IL
Jack Lewitz answered:
If I purchased a house as a Short Sale, how long before I can sell it?
If there is any restriction it would be stated in the Short Sale Approval Letter. I have never seen one in any of the short sales that I have done. On the other hand Foreclosures will h ... more
0 votes Share Flag Tue Feb 2, 2016 Home Selling in 60617
Carol Griffin, Real Estate Pro in Litchfield, NH
Carol Griffin answered:
Has anyone tried RedX or Landvoice? They both claim that they provide FSBOs, Expired, & Pre-Foreclosure leads based on their up-to-date databases.
I am currently using Landvoice. I hate it. Definitely not worth the money. I'm canceling. I get information for previous owners, or listings that had expired years ago, not on the d ... more
0 votes Share Flag Mon Feb 1, 2016 Agent2Agent in Chicago
Sherry Ander…, Real Estate Pro in Mount Shasta, CA
Sherry Anderson answered:
Will Freddie Mac accept a home sale contingent contract?
It's really unfortunate that Freddie Mac still won't accept contingencies based on a client's home selling even in this market in California. Just goes to show you the banks will still ... more
0 votes Share Flag Sat Jan 30, 2016 Foreclosure in 60602
Nick Kanaan, Real Estate Pro in Lisle, IL
Nick Kanaan answered:
How long after a short sale?
You do have another option. It is a program that allows for the purchase of a home 1 day out of Bankruptcy or Foreclosure. It requires 20% down and assets to show 12 months of reserves. ... more
0 votes Share Flag Sat Jan 30, 2016 Home Buying in Chicago
Nick Kanaan, Real Estate Pro in Lisle, IL
Nick Kanaan answered:
Any referrals for hard-money lenders in the Chicagoland area?
I do have some Hard money outlets. Feel free to contact me to review
0 votes Share Flag Sat Jan 30, 2016 Home Buying in 60641
Jack Lewitz, Real Estate Pro in Lincolnwood, IL
Jack Lewitz answered:
What is the difference between purchasing a foreclosure property via auction vs. through a realtor?
I think you need to know there are several types of auctions. The first one is held at various sites in Chicago each day where the lender is one of those bidding at the auction against ... more
0 votes Share Flag Sat Jan 30, 2016 Home Buying in Chicago
realestatepe…, Home Buyer in Liverpool, NY
realestateperfect asked:
Real Estate overseas seller: durable Statutory Short Form Power of Attorney for Property Hi gurus, we are a overseas seller trying to sell a property. The attorney suggests us to assign her as an POA agent in the durable Illinois Statutory Short Form Power of Attorney (limited…
0 votes Share Flag Tue Jan 26, 2016 Home Selling in 60601
Scott Godzyk, Real Estate Pro in Manchester, NH
Scott Godzyk answered:
Are the buy your home for cash companies legitimate companies?
Some are, most are not. The key fact is they will only pay under market value, usually way under market value such as half price. A seller is better off listing with a local and well ex ... more
0 votes Share Flag Tue Jan 26, 2016 Home Buying in Chicago
1 2 3 4 5 6 7 ...
Search Advice

Followers

860
Email me when…

Learn more

Home > Q&A > Illinois > Cook County > Chicago
Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer