Downers Grove : Questions & Answers

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Josh Barnett, Real Estate Pro in Oklahoma City, OK
Josh Barnett answered:
Are there any stats out there on the list price/sales price ratio for recently sold homes in Downers Grove?
There are lots, discuss with your Realtor member and they will be able to provide the data.
0 votes Share Flag Sat Aug 23, 2014 Market Conditions in Downers Grove
Annette Lawr…, Real Estate Pro in Palm Harbor, FL
Annette Lawrence 727.420.4041 answered:
What is the best way to find out if a property is priced accurately?
Oh, you want a lower price. I see.

Show the builder what Zillow says the homes in the area are worth. That should do it.

At this point you will need to PAY a REALTOR to advise you ... more
0 votes Share Flag Fri Aug 22, 2014 Market Conditions in 60515
Sonia Mansour, Real Estate Pro in 60517
Sonia Mansour answered:
Who can appraise all the tools etc in my garage?
It's possible that a company that does Estate Sales would come over and give you an overall value.
0 votes Share Flag Fri Aug 22, 2014 Home Selling in 60515
Sonia Mansour, Real Estate Pro in 60517
Sonia Mansour answered:
Anyone with information on repairing credit reports and scores?
I know of a very good mortgage broker that does credit repair. She will help you reach your goals and qualify for a mortgage. Please call me and I will give you her info.
0 votes Share Flag Fri Aug 22, 2014 Home Buying in 60517
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
I am planning to hire a management company to rent my house. If the compny does it for me, am I free of any liability?
Likely not....as other's have mentioned, an attorney is the best person to consult regarding liability issues.

Taking this one step further, when dealing with a management company, i ... more
0 votes Share Flag Wed Jun 11, 2014 Rental Basics in Downers Grove
Slav Polinski, Real Estate Pro in Downers Grove, IL
Slav Polinski answered:
We are first time home buyers with about $5,000 as of right now to put towards a down payment. Our income together is about $80,000. Are there any?
One of my first time home buyers recently qualified for the "Illinois Welcome Home Program" and will be receiving $7,500 cash assistance towards the purchase of their home. A couple of ... more
1 vote Share Flag Sun May 25, 2014 In My Neighborhood in 60517
klimt2000-ma…, Home Owner in Downers Grove, IL
klimt2000-mail asked:
How is this a single family home- spammer!? This question was asked from http://www.trulia.com/property/3152943727-4221-Highland-Ave-Downers-Grove-IL-60515
0 votes Share Flag Mon Apr 28, 2014 Market Conditions in Downers Grove
Neal Paskvan, Real Estate Pro in Downers Grove, IL
Neal Paskvan answered:
Looking for single family rental or rent to own property in Downer's Grove, Woodridge, Darien Area or Oak Park, Elmwood Park, Berwyn area
Rebecca here is a link to is a link to a rental search for all the areas you need

http://nealpaskvan.bairdwarner.com/advanced_search/view//City/downers%20grove/Property_Type/824
0 votes Share Flag Tue Apr 22, 2014 Home Buying in Downers Grove
Sonia Mansour, Real Estate Pro in 60517
Sonia Mansour answered:
Help needed! First time home buyer!!
Hi Rachel. I know someone who can help you. He is with a credit union and can work with scores as low as 580. Because he is with a credit union they have some of the best rates out t ... more
0 votes Share Flag Sat Mar 29, 2014 Home Buying in 60517
Sonia Mansour, Real Estate Pro in 60517
Sonia Mansour answered:
How do I know if a property is for sale, there is contract, pre-foreclosure? etc. It also says "public records". First time buyer.
Hi Gabriela! A real estate professional has access the Multiple Listing Service. This has the most up to date information on current listings. I would be happy to help you with your s ... more
0 votes Share Flag Sat Mar 29, 2014 Home Buying in 60517
Wendy Kiang, Real Estate Pro in Downers Grove, IL
Wendy Kiang answered:
I'm looking at potentially buying land in Downers Grove and building a home what is average square foot cost?
The average square foot cost for a new construction can vary from $80 per sq ft to $300 per sq ft. Depending on what kind of material you would like to have in your home. Are we looking ... more
0 votes Share Flag Tue Mar 4, 2014 Market Conditions in 60516
Sonia Mansour, Real Estate Pro in 60517
Sonia Mansour answered:
How do you figure taxes on a house you are considering to buy? Do you look at what the current owner is paying and assume you will pay the same?
Hi Judy! Most of the time that is the case but there are some factors that can change the amount. Your real estate agent should be able to assist you in making well informed decisions. ... more
0 votes Share Flag Thu Feb 13, 2014 Home Buying in 60517
Mike Hagen, Real Estate Pro in Wheaton, IL
Mike Hagen answered:
In the recent past, how long is it taking a 2bed/2bath condo in Downers Grove to rent if it priced right and in great condition?
It usually takes me about 2 to 3 weeks to rent an condo in great condition that is priced right.

Mike Hagen
Ryan Hill Realty
630-248-2292
0 votes Share Flag Thu Oct 17, 2013 Rentals in Downers Grove
Brad Neumann…, Real Estate Pro in Downers Grove, IL
Brad Neumann - NMLS 948036 answered:
I bought in jan, fha and want to switch to conv. loan so i can buy a sf, fha. can i do it,how long ,and how do i do it?
We have our office in Downers Grove and there are many ways to refinance away from an FHA, it depends on your situation if it is better to do another FHA loan with lower interest or go ... more
0 votes Share Flag Tue Oct 8, 2013 Home Buying in Downers Grove
Brian Nguyen, Real Estate Pro in Mission Viejo, CA
Brian Nguyen answered:
whats the lowest amount i hv to put down for a conv. loan for a 200k s/f hm?
The lowest down payment I have been able to give out a conventional loan for was at 5% down. It will difficult to find a conventional loan with a down payment lower than that, unless yo ... more
0 votes Share Flag Mon Sep 30, 2013 Home Buying in Downers Grove
William Chu, Real Estate Pro in Downers Grove, IL
William Chu answered:
After my loan went to the underwriter it was passed to quality control and they state my answers on the credit explanation are too vague. Supposed to
It is not uncommon for Lenders to request Letter(s) of Explanation, LOE, with your loan application. These LOEs are asking you to provide more info to either (1) credit inquiries, (2) ... more
0 votes Share Flag Thu Sep 12, 2013 Home Buying in Downers Grove
Cindy Voss, Real Estate Pro in Glen Ellyn, IL
Cindy Voss answered:
any real estate agency show and help with rent to own homes in downers grove??
I would be happy to assist you when you are available.
0 votes Share Flag Wed Sep 11, 2013 Rentals in Downers Grove
Nicholas Cor…, Real Estate Pro in 60046
Nicholas Corso answered:
I would like to start to buy HUD homes as investment property , is their a class or something i can take to help me with the process?
Hello Joe:
I'm a local lender and real estate investor. I have purchased distressed HUD homes in the past and can be cumbersome in choosing as I personally have rehabbed many in our a ... more
0 votes Share Flag Fri Aug 9, 2013 Home Buying in Downers Grove
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
My house has been on the market in Woodridge, IL for 8 months, 6 of those since my divorce. My house is very
Over FOUR YEARS OLD!!
Probably was "chasing the curve".
0 votes Share Flag Tue Aug 6, 2013 Home Selling in 60517
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