Shanna Rogers answered:
after my 30 days notice to i need to pay anything to take my house off the market
Hi Yahoo,
Check your listing agreement to see if you have to pay anything. If there is nothing stated in writing in the listing agreement, you don't have to pay anything.
Sh
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Seth Captain answered:
Best ways to sell condo
I would recommend having a theater group on hand to re-enact your condo board minutes, and of course, cookies baking in the oven
Terry Perdue answered:
Between south loop, near south, west loop, loop and university/little village, which nabes would you say are the best investment for resale?
Hi,
I depends on what you are purchasing, where you are purchasing and the future. The future cannot be predicted. If you are purchasing a single family home the resale should cont
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Scott Godzyk answered:
What does active contingent mean?
In most cases it means there is a buyer who has a contract to purchase the house but it is contingent on something. The majority of contingincies are such things as getting a mortgage,
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Steve Stenger answered:
Under the new FHA guidelines can a purchaser of a condo rent to the existing tenant and still be considered a 2nd home buyer when the lease expires?
Shane, to answer your question about do I provide my services nationally, the answer is "yes".
As far as again the issue about once the lease is up, is the unit considered
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Joseph Schiller answered:
I have a unit for sale on the market that is under contract to a buyer. How do I get out of this contract if I decide not to sell to this buyer?
ask them, encourage them, or default on the contract and negotiate the penalty.. a contract is a legal document that will take you to court if someone chooses to do that.. be honest and
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Matt Laricy, E-Pro answered:
Is there an agent that could send me a list of cash sales in the Chicago area in the past 120 days. Looking for an agent that thinks a bit differnt.
A ton of different agents would be happy to do this. I would get a good buyers agent to help you out. Interview two or three agents, and go with the one you mesh best with.
Monique Washington answered:
Looking to possibly sell a 3 bed 2 bath condo in Hyde park.
Condos are selling in HP I just closed on a 2bedroom, 2bath in July. I have 2 others listed that are generating a lot of attention from prospective buyers. I am unable to comment on if
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Attorney Ranj Mohip answered:
Need Advice: Does it make sense to purchase a condo with 35 (Owner Occupied)/65 (rented) ratio in the complex?
It depends on how you're buying it (finance vs. cash), how long you plan to owning it, whether you are going to live in it or rent it, and where the property is located. The answe
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Ron Thomas answered:
Need advice on how to market a short sale. The home is in a great neighborhood and immaculate condition. Any suggestions on how to move it quickly!?
Phil is absolutely correct!
Price is 98% of the equation.
Let me add a couple extra thoughts:
3. Prepare the house for SELLING, not living. Store excess furniture, pictures and mem
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Kristinpegram answered:
Has anyone used a guaranteed lease through Market Place Homes? It is a program offered through new home builders to guarantee rental income.
Mike- did you ever find anything else about this program? We have an interview with them on Tuesday. Thoughts?
Joseph Schiller answered:
What is a Top Floor Unit Private Rooftop deck worth?
60622 has variability in pricing of 35% for the exact square footage..but I would say the private roof deck and top floor is worth 15% more than the exact footprint the floor lower...th
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John Walin answered:
Selling FSBO in Wilmette with realtor co-commission?
Markus
Here is the pitch to not go FSBO...Any buyer is going to cut the the offer price by the amount of projected commission savings to the seller. The buyer wants a piece, at least h
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Attorney Ranj Mohip answered:
WE are upside down in our mortgage by over 100K . We can make payments but we hate the neighborhood which is going downhill fast. Want out!
You can rent the property out, short sell it, do a deed in lieu/cash for keys, modify the mortgage, do a short refinance, or do a combination of some of these things. Talk to an attorn
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Robert Pratt answered:
As a Realtor, do you share with your condo seller's the advantages of having their buildings FHA approved?
Hello, again, Cecelia.
In the current market, FHA approval often DOES come up .
Our real estate agents review each seller’s specific situation and advise them based on the facts a
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Attorney Ranj Mohip answered:
My condo building has fallen to 41.7% owner occupancy (5 of 12). Will I be able to sell? We were FHA certified 3 months ago when our ratio was 50%.
Yes you can still sell, but your buyer will not be able to get FHA financing. Good luck.
The information in this answer provided by Attorney Ranj Mohip is general information and is
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Cedric Hampton answered:
I have a building which is a brick shell - looking to convert to 1,500 square foot condos. What are the typical costs?
Hello Lane:
From the nature of your question, it sounds like you will need a lot of help. Getting a ballpark cost estimate is easy but not worth much. If you have purchased the buil
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Matt Bukovy answered:
What are the current acceptable owner occupied ratios for FHA, Conventional, Fannie Mae/ Freddie Mac eligible loans?
Tucker,
There are a LOT of misconceptions about condo financing at the moment, and that's because there are a LOT of new rules and regulations, BUT if you're in a 12-unit,
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No Way answered:
I don't live at 4525 N. Western, Chicago, but live nearby, have walked past the building and have seen numerous postings on this board...
Is there another unit for rent in this building? I just looked at a very small 2/bed, ridiculous rent of $2100/month. Lots of street noise, I could hear people upstairs, dirty, halls
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Attorney Ranj Mohip answered:
What do we do with 2 underwater mortgages?
A real estate lawyer will be able to answer your questions.
The information in this answer provided by Attorney Ranj Mohip is general information and is not intended as legal advice,
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