You don't. But remember that a good agent can actually configure searches for you and hasve all the new homes that match your needs sent to you everyday into your email box with the address and otehr info that you can not find online. This way you put the MLS and the Web to work for you and never have to fill out another dumb form or read anothee FREE REPORT or add again.
Hope this helps!
"The Real Estate Doctor"... more
Are you buying or selling? Feel free to contact me to discuss your situation. I am a real estate attorney, and I can refer you to a trusted inspector.
Brendan Ross | Real Estate Attorney and REALTOR®
Drive around and spend some time there. Go to shops and restaurants, walk the side streets. But seriously, Becca, stop asking so many general questions about different parts of Chicago. You're all over the map, literally....... more
I have listings in these areas and several have gone under contract recently. I don't know if Trulia removes listings from public consideration once they are under contract, but this is the likeliest explanation. I don't think many sellers are pulling homes from the market at this point. Your hypothesis would be more plausible closer to Thanksgiving when the prospect of transacting is reduced due to the holidays.
I urge you to identify a real estate professional to assist you with sifting through listings in these areas to identify the top residences that meet your criteria and to assist with touring the homes to determine positives and negatives toward the purchase of your home.
Best of luck.
The Real Estate Lounge Chicago with @ properties chicago... more
A rental agreement will call out who the property is being rented to, and how many renters can live in the home.
If the renters claim 3 and then bring in 1-5 folks more, the landlord can ask for more rent or ask them to quit.
You need to consult with an architect. They are responsible for signing off on any drwaings required by the city before a permit is issued. The city has strict standards and codes that need to be adhered to which may require work on the structure of the building to support a deck.
Best of luck, Ken.... more
The main problem is that your property isn't exposed to the entire pool of buyers. 20-25% I would say is a little high, but that obviously depends on a lot of factors. If you would like some advice specific to your situation please contact me to discuss.... more
Work with a Realtor to make your search more efficient. If you are looking to rent in Lakeview it may be difficult because the market rates are likely much higher than what the voucher is worth.... more
I am marketing a coach house myself at 2107 W. Fletcher. I tried to find yours by searching for under the term coach house in the MLS under "Type of House" and nothing came up. If someone was specifically looking for a coach house by that method, they would never see your listing.
Depending on what the house is behind, you probably want to put "coach house" on your sign so that people don't think it's the front house. I actually don't have it on my sign but I am going to because I have been getting calls for the front building.
I would think that if you are priced similarly to recent SALES of townhomes in Lakeview of similar quality and size that you should find some people that are interested. There are always people that are looking to escape from condo living and would really appreciate that chance at owning their own home.
Your Real Friend in Chicago Real Estate
Assuming anything can be a big mistake.....providing people with accurate and reliable information is one of the basic services provided by real estate professionals. Always consult an agent on issues of this nature to be on the safe side.
Avoid All Garden units!! Disclosures mean nothing. There are many potential issues, none of which are good. If you cannot afford a normal condo, keep renting until you can. The market will favor the buyer more than the seller for a number of years to come. There is no need to buy now if Garden units are all you can find.
That has been a problem with all of the FHA guidelines changing. I have a lender who offers a 95% LTV on a conventional loan and have been offering that to my clients who are interested in properties that are not FHA approved.
If you are working with an agent they should be able to give you suggestions or provide you with lenders they work with.
I hope this helps!... more
I don't think the agent is saving much, if anything. That agent is entering into a dual agency role, which is not always a good place to be. It is very difficult to represent your interests and the owner's interests at the same time. Many agents won't accept such an agreement.
There are no set fees or "standard" commission amounts. Make a proposal and see if it accepted.
I have offered discounts to repeat clients of 1% to 1 1/2% (from a 6% listing) for a repeat sale.... more
The simple answer is they may not have fallen at all. Assuming you are referring to condos, the total number of sales has fallen but the average price has increased 12% according to figures supplied by the Chicago Association of Realtors. Of course, these figures are for all condos (not homes) in all of Lakeview and not just East Lakeview and the answer would change block to block. There has been a lot of press about appreciation in Lincoln Park and Lakeview in the Sun Times and Trib since it was a surprise to many people. I hope that helps.... more
Older buildings can have issues with their pipes. Cast iron risers bring water up throughout the building which can corrode from the inside resulting in a build-up of rust and grime at certain locations causing a narrowing of the pipes that deliver the water. The only solution is to open walls and replace the risers throughout the building which is a massive undertaking (individual sections can also be replaced but that can be a short term solution and difficult to locate the offending section of pipe).
Having toilets that smell would seem to indicate a problem with waste build-up due to blockages in the building waste stacks or sewer lines again due to corrosion. It's difficult to check for these problems as they are behind the walls but the tell-tale signs of issues are what you describe.
Hire an inspector knowledgeable in older buildings, review the minute meetings and ask the management company for information on past and future maintenance. At that point you'll have a better understanding of what you're getting into and can make an educated decision about buying or moving on to the next building.
Bets of luck, Ken.... more