Home Selling in 60618 : Questions & Answers

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Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
after my 30 days notice to i need to pay anything to take my house off the market
I really do not understand your question:
We do not use 30 DAY NOTICES when Listing or Un-Listing a house,
and,
We do not charge anything to LIST a house or Un-List it.

There shou ... more
0 votes Share Flag Wed Nov 9, 2011 Home Selling in 60660
Voices Member,  in
Voices Member answered:
Best ways to sell condo
Prepare your home for the best possible presentation to home buyers (presentation is everything!) Price it right and make sure you're working with a good Realtor who is tech savvy! ... more
0 votes Share Flag Wed Mar 12, 2014 Home Selling in Near North Side
Jeremy Fisher, Real Estate Pro in Chicago, IL
Jeremy Fisher answered:
Between south loop, near south, west loop, loop and university/little village, which nabes would you say are the best investment for resale?
Good afternoon, there are a number of factors that play into is, ie: are you looking at short sales and foreclosures or just conventional sales? That being said, I would say that the We ... more
0 votes Share Flag Tue Sep 13, 2011 Home Selling in Chicago
Oggi Kashi, Real Estate Pro in San Francisco, CA
Oggi Kashi answered:
What does active contingent mean?
It means the listing is currently active but in contract with a buyer.
0 votes Share Flag Tue Apr 15, 2014 Home Selling in 60610
Steve Stenger, Real Estate Pro in Chicago, IL
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?
It depends on where they live full time and where its located. If its in the Chicago suburbs it might not be considered a 2nd home. Then the unit will always be considered an investor u ... more
0 votes Share Flag Fri Aug 26, 2011 Home Selling in 60601
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco 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?
What is your agent advising--review your contract, as the answer for backing out can be found in the document, or consult with your attorney.
0 votes Share Flag Mon Aug 22, 2011 Home Selling in Chicago
Philip Sencer, Real Estate Pro in Chicago, IL
Philip Sencer 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.
Not sure what a list of cash sales(vs financed sales) in the entire Chicago area will do for you,but it can be done. Is there ary other criteria that matters?
0 votes Share Flag Wed Aug 10, 2011 Home Selling in Chicago
Philip Sencer, Real Estate Pro in Chicago, IL
Philip Sencer answered:
Looking to possibly sell a 3 bed 2 bath condo in Hyde park.
Chances are that if you bought 2 years ago you will lose money because prices at best are flat and mostly down everywhere in the past 2-4 years. You should have a couple of agents do a ... more
0 votes Share Flag Tue Jan 29, 2013 Home Selling in 60615
Mark Malave,…, Real Estate Pro in 60626
Mark Malave, Buyer's Agent answered:
Need Advice: Does it make sense to purchase a condo with 35 (Owner Occupied)/65 (rented) ratio in the complex?
It really depends on many factors. If you want email me the property and I can do a cma abd see if you are getting it below market.
0 votes Share Flag Thu Jun 30, 2011 Home Selling in Chicago
Phil Rotondo, Real Estate Pro in Brevard County, FL
Phil Rotondo 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!?
Two ways:
#1 - Price the property aggressively.
#2 - See Way #1
0 votes Share Flag Thu Jun 9, 2011 Home Selling in Chicago
Kelvi Cunnin…, Real Estate Pro in Manhattan, KS
Kelvi Cunningham answered:
Has anyone used a guaranteed lease through Market Place Homes? It is a program offered through new home builders to guarantee rental income.
I have actually never heard of this company or the 6 year lease guarantee program before, so thanks for bringing it to my attention. I checked out the website http://www.marketplacehome ... more
0 votes Share Flag Thu Feb 16, 2012 Home Selling in 60613
Cindy Wilson, Real Estate Pro in Chicago, IL
Cindy Wilson answered:
What is a Top Floor Unit Private Rooftop deck worth?
I'm happy to help if you can give me a few more details. How large is your condo? When was it built? What types of upgrades have been made? How large is the deck? Please send me an ... more
0 votes Share Flag Sun Sep 29, 2013 Home Selling in 60622
Philip Sencer, Real Estate Pro in Chicago, IL
Philip Sencer answered:
Selling FSBO in Wilmette with realtor co-commission?
How would agents even know the owner was offering a commission & open house? Most agents do not troll CL or the papers much any more. How do they really know the value of the house ... more
0 votes Share Flag Mon Mar 21, 2011 Home Selling in Chicago
MarkusAIC, Real Estate Pro in Chicago, IL
MarkusAIC 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!
Talk to an attorney who is real estate and foreclosure savvy. You have various options for getting out. From what it sounds like, none probably all that good; some of which it would no ... more
0 votes Share Flag Thu Jun 9, 2011 Home Selling in 60653
Matt Laricy, Real Estate Pro in Near North Side, Chi...
Matt Laricy answered:
As a Realtor, do you share with your condo seller's the advantages of having their buildings FHA approved?
I'm sure most agents do, and try to help get their buildingd approved if the owners are willing.

Matt Laricy
Americorp Real Estate
Brokers Associate, e-PRO
mlaricy@americorp ... more
0 votes Share Flag Wed Mar 16, 2011 Home Selling in Chicago
Laura Feghali, Real Estate Pro in Stamford, CT
Laura Feghali 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%.
Hello Apconstant,
Yes, you will still be able to sell your home but buyers will no longer be able to obtain an FHA loan for financing. They will have to go with a conventional loan ... more
0 votes Share Flag Wed Jan 16, 2013 Home Selling in 60613
Josh, Real Estate Pro in Chicago, IL
Josh answered:
I have a building which is a brick shell - looking to convert to 1,500 square foot condos. What are the typical costs?
Hi Lane,
Is the floor structure in place? Has the building been gutted? How many stories is the building? Finishes make a huge difference in cost but if you're looking at a fai ... more
0 votes Share Flag Tue Mar 29, 2011 Home Selling in 60647
Philip Sencer, Real Estate Pro in Chicago, IL
Philip Sencer answered:
What are the current acceptable owner occupied ratios for FHA, Conventional, Fannie Mae/ Freddie Mac eligible loans?
You will get plenty of responses from lenders here, but basicly most of the large banks, who ONLY do Fannie/Freddie loans will not lend in your building. However there are many smaller ... more
0 votes Share Flag Wed Feb 15, 2012 Home Selling in 60657
Mark Malave,…, Real Estate Pro in 60626
Mark Malave, Buyer's Agent 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 this just a statement or is there a question?
0 votes Share Flag Sat Mar 26, 2011 Home Selling in Chicago
Attorney Ranj…, Real Estate Pro in Chicago, IL
Attorney Ranj Mohip answered:
What do we do with 2 underwater mortgages?
Trulia is great for general advice, but you really need to sit down with an attorney to go over your situation and options. There are financial, credit, and tax issues that have to get ... more
0 votes Share Flag Mon Aug 8, 2011 Home Selling in Chicago
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