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Ashley Pimen…, Real Estate Pro in Illinois
Ashley Pimentel answered:
.I have a charge off on my credit that co sign for someone for I have paid all my other debt except two which totals 215. can I get a home loan?
I work with over 40 lenders, so I may be able to get you pre-approved. I would need some more information, feel free to contact me and I can get it started.

Thank you,


Ashley Pi ... more
0 votes Share Flag Tue Nov 5, 2013 Home Buying in Illinois City
Randy Roberts, Real Estate Pro in Beverly Hills, CA
Randy Roberts answered:
buying a home after bankruptcy and still living in the forclosed home and making payments.
12 months after a BK you're now eligible for a new HUD program for an FHA loan, as long as you have reestablished positive payment history.

The U.S. Department of Housing and Urban ... more
0 votes Share Flag Thu Oct 24, 2013 Foreclosure in Illinois City
Ty Cotton, Real Estate Pro in Richton Park, IL
Ty Cotton answered:
I was watching the Suzie Orman show and she said in some areas of the country some houses that were worth $200,000 5 years ago are now only worth $100
There's no two properties alike. We do have areas that are considered hardest hit areas. I would highly recommend an appraisal on any property for sale to ensure the pricing is accurate ... more
0 votes Share Flag Thu Mar 7, 2013 Home Selling in Illinois City
Ty Cotton, Real Estate Pro in Richton Park, IL
Ty Cotton answered:
can an illinois realtor reduce the price of my house on the mls without my signature or initials?
Absolutely Not!!! If you speak with the agent and they do not fix the pricing contact their managing broker/superior or board immediately! I hope this help.


Sincerely,

Ty Cotto ... more
0 votes Share Flag Thu Mar 7, 2013 Home Selling in Illinois City
Peter Kedzior, Real Estate Pro in Arlington Heights, IL
Peter Kedzior answered:
I went bankrupt in2010 ch13 we move out of our house because we thought they were going to foreclose then 2 years late the property is still
If you live in so called "judicial state", the foreclosure process cannot be completed until a judgment is issued against you. Even after the judgement and following "sheriff sale", som ... more
0 votes Share Flag Sun Aug 19, 2012 Foreclosure in Illinois City
Anthony Cava…, Real Estate Pro in Channahon, IL
Anthony Cavalea IV answered:
What if your house isn't ready to be put on the market for Spring...is it too late to list in June?
I would advise you to get your home on the market sooner rather than later. Come August if your home hasn't sold you'll be wondering to yourself, "What if I had just list ... more
0 votes Share Flag Thu Mar 17, 2011 Home Selling in Illinois City
Marcin Talaga, Real Estate Pro in Chicago, IL
Marcin Talaga answered:
There are 5-6 bank owned homes in my subdivision and are priced very low. 3 of them are under contract. I want to put my house on the market but
Laura,

Find an agent you would like to work with and have them prepare a CMA on your property. Make sure they go and check out the foreclosed homes, (ask to tag along), and see what ... more
1 vote Share Flag Mon Feb 14, 2011 Home Selling in Illinois City
Dp2, Other/Just Looking in Virginia
Dp2 answered:
Experts say housing value will go down another 5% in 2011..when can we expect them to start to go back up?
It's hard to predict the magnitude of the decline, because so many factors (including the release of properties in the shadow inventory, the foreclosure rate, the unemployment rate ... more
0 votes Share Flag Sat Feb 12, 2011 Home Selling in Illinois City
Attorney Ranj…, Real Estate Pro in Chicago, IL
Attorney Ranj Mohip answered:
My home was refinanced using someone else's name. I would like to get it back to my name. What is the best way to do this?
You will need to contact an attorney licensed in Illinois to help you with this. It's fairly simple and affordable.

The information in this answer provided by Attorney Ranj M ... more
2 votes Share Flag Thu Jan 6, 2011 Home Buying in Illinois City
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
PMI agreed to sales price & investor (fannie) agreed to sales price.Since the investor has been made whole by PMI,will short sale show on my
The bank may be made whole but the PMI company is paying it and therefore your debt switches from owing the bank to owing the PMI company. Hopfully you had a professional negotiator wor ... more
0 votes Share Flag Tue Nov 23, 2010 Home Selling in Illinois City
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
I want to buy a foreclosed property and see prices from 5,000 to 25,000. My question is, how do banks determine a selling price is it a certain %
The bank will have at least 1 if not more appraisals and broker price opinions to determine what the value of the property is "as is" in todays market. They will set the askin ... more
0 votes Share Flag Mon Aug 2, 2010 Home Buying in Illinois City
Keith Manson-…, Real Estate Pro in Milwaukee, WI
Keith Manson- Metro Milwaukee Wisconsin answered:
Does an agent get a commision on a house that is foreclosed on and goes through the sale process.?
If you sell the home the realestate agent gets the real estate commision because of your contract. However, if the property goes to foreclosure sale, you will no longer be the owner an ... more
0 votes Share Flag Mon May 31, 2010 Foreclosure in Illinois City
Brandon Schu…, Real Estate Pro in Westchester, IL
Brandon Schuppe answered:
If appraisal contingency clause is added to the contract when I make an offer, what will seller feel? Will this make me in a bad position to bid?
If your financing clause is a FHA loan then it's automatic that there is an appraisal clause. This is found in the FHA rider. Remember, you're protecting yourself if the home ... more
0 votes Share Flag Mon Apr 12, 2010 Home Buying in Illinois City
Cecelia Marl…, Real Estate Pro in Chicago, IL
Cecelia Marlow answered:
how long should i wait to get my earnest money back from the fha seller after i gave them the inspection report.?
Hi Mr. Lewis,
You can also, consider re-negotiating with them at a lower price and use the FHA 203K program to complete the repairs needed, if they are willing to bring the price down ... more
0 votes Share Flag Wed Mar 10, 2010 Home Buying in Illinois City
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