60603 : Questions & Answers

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David Hanna, Real Estate Pro in Chicago, IL
David Hanna answered:
Was told bsmt apt, was not above grade level, do I need to change the property description through zoning? It was once 2-11, now 2-03.
Same as the other post, can you clarify? Don't lower the unit count to two from three, especially if you have a third unit. Below grade or not, if the building is a three flat on city r ... more
0 votes Share Flag Fri Apr 5, 2013 Home Selling in Chicago
Matt Laricy, Real Estate Pro in Near North Side, Chi...
Matt Laricy answered:
how do I change my property description? It was 2-ll at one point, then changed to 2-03, and basement cannot have a legal kitchen?
Just edit the listing and make the changes from there.
0 votes Share Flag Sun Mar 17, 2013 Home Selling in Chicago
Bill J Delig…, Real Estate Pro in Chicago, IL
Bill J Deligiannis answered:
Can a current lawsuit by a seller prevent a buyer from purchasing another home?
ATTORNEY ATTORNEY ATTORNEY!

If you haven't done so already, have your attorney deal with this very serious issue.

The details are in the contract that you signed.
0 votes Share Flag Mon Mar 18, 2013 Home Buying in 60617
Manuel Brown…, Real Estate Pro in 60640
Manuel Brown (312) 600-5710 answered:
I am a section 8 voucher holder I'm seeking a home for rent... ( in a good area)
Dear Victoria,

I am sure a broker or leasing agent the specializes in section 8 will respond. You can also check on craigslist. Make sure you put the bachelorhood you are consideri ... more
0 votes Share Flag Sun Jun 30, 2013 Rentals in Chicago
Philip Sencer, Real Estate Pro in Chicago, IL
Philip Sencer answered:
Rogers park market condition five years later
If anyone could predict the future in R E we would be rich and retired. All I can say is that the entire market in all Burbs and chicago neighborhoods has started to change after 5-6 yr ... more
0 votes Share Flag Thu Mar 21, 2013 Market Conditions in 60626
Ian Halpin, Real Estate Pro in Chicago, IL
Ian Halpin answered:
Question about home foreclosure in Chicago. Want to keep home, capable of paying. Please advise.
MSC,

I am not an attorney and you should definitely think about getting one, or at least getting good counsel. But if you are pretty savvy and organized you can possibly do this on y ... more
0 votes Share Flag Sun Mar 31, 2013 Foreclosure in Chicago
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
What are the best and worst things about living in Chicago?
The best thing about Chicago living is the Cubs......the worst thing about living in Chicago is the Cubs!

Bill
0 votes Share Flag Thu Mar 14, 2013 General Area in Chicago
Mark Malave,…, Real Estate Pro in 60626
Mark Malave, Buyer's Agent answered:
how is the break ins and crime level in this area ?
You need to look that up. We really can't comment on those things.
0 votes Share Flag Thu Mar 14, 2013 Crime & Safety in Roseland
Riccardo War…, Real Estate Pro in Downers Grove, IL
Riccardo Wardlow answered:
Hi Im Looking to purchase a 3 Flat for investment with cash. can you deal directly with the bank.?
You can try. It would be my strong suggestion that you have a licensed realtor help you on this. I work with a very good real estate agent that I would be happy to refer you to.

Give ... more
0 votes Share Flag Sun Mar 24, 2013 Home Buying in Woodlawn
J Maggio, Real Estate Pro in Chicago, IL
J Maggio answered:
What should I be aware of when I walk through a house?
When you're out looking for a house to purchase you should pay attention to the layout and flow of the home. Does it have enough size/space for your needs both inside and out. If you'r ... more
0 votes Share Flag Mon Mar 25, 2013 Home Buying in Chicago
Erik Sachs, Real Estate Pro in Chicago, IL
Erik Sachs answered:
Bought a bank owned unit in zipcode 60651, need to evict, rehab and sell
I can provide guidance on all fronts. My company is a full service real estate brokerage, general contractor and property manager. We own and operate 100+ of our own units and have be ... more
0 votes Share Flag Wed Mar 13, 2013 Foreclosure in 60651
David Hanna, Real Estate Pro in Chicago, IL
David Hanna answered:
I want to live in downtown but will have to commute to Mettawa. What would be the best location? I'm looking for an area with diversity.
I would need much more information to give you the best answer. feel free to call or email me back.
This is a process that needs to start with an interview to help you decide what your ... more
0 votes Share Flag Sun Mar 17, 2013 General Area in Chicago
Matt Laricy, Real Estate Pro in Near North Side, Chi...
Matt Laricy answered:
Buying without 20% down? Is it really that bad if you can afford to?
I think if you don't mind paying PMI there is nothing wrong with putting less down. I would try to do 10% though so you don't have to deal with a full condo review.
0 votes Share Flag Tue Mar 12, 2013 Home Buying in Chicago
Laura Meier, Real Estate Pro in Chicago, IL
Laura Meier answered:
700,000 to 900,000
Barney,
Not sure of the question here or if that means you are looking in that price point for something like this in the range of $700-d$900k.

There are some nice options in the ar ... more
0 votes Share Flag Wed Mar 13, 2013 Market Conditions in Loop
Manuel Brown…, Real Estate Pro in 60640
Manuel Brown (312) 600-5710 answered:
This is for a realtor. When can a landlord evict a tenant? The tenants above me are out of control.
Dear Renter,

It is not law that a tenant cannot be evicted over winter. Judges are reluctant and avoid evicting tenants during winter months. A landlord will have to present a real ... more
0 votes Share Flag Sun Mar 17, 2013 Rentals in 60644
Todd Akes &a…, Real Estate Pro in Henderson, NV
Todd Akes & Sal Martines answered:
How does HUD help home buyers and home owners, what does it do?
Hi Albert,
HUD insures lenders against mortgage losses through foreclosure originatiing with an FHA loan. FHA loans allow a minimum down payment of 3.5%. They are normally utilize ... more
0 votes Share Flag Thu Mar 14, 2013 Home Buying in Chicago
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
Can someone please explain what mortgage insurance is, how do I know if I need it?
Your lender will decide if you need PMI or MIP which are the mortgage insurances for FHA and Conventional loans. It is all a matter of how much down payment you put down. These are ques ... more
0 votes Share Flag Fri Mar 22, 2013 Home Buying in Chicago
Matt Laricy, Real Estate Pro in Near North Side, Chi...
Matt Laricy answered:
What is the best way to compare loan terms between lenders?
Look at what they offer. Dont just look at the rate, look at the charges, closing costs, etc.
0 votes Share Flag Thu Mar 14, 2013 Financing in Chicago
Erika Carter, Real Estate Pro in Chicago, IL
Erika Carter answered:
are property legal description available online in cook county?
Hi there! You can check with the cook county recorders office; I belive you can find it there.
0 votes Share Flag Thu Mar 14, 2013 Home Buying in Chicago
Alex Summers,…, Real Estate Pro in 60613
Alex Summers, Broker Associate answered:
recent real estate sales in Bridgeport
If you want to know recent sales in Bridgeport please email me at alex.summers1424@gmail.com I can send you a list of properties that have been sold in the past 3 months.
Thanks,
Ale ... more
0 votes Share Flag Sat Jun 8, 2013 Home Buying in Bridgeport
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