Home Buying in 60636 : Questions & Answers

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Philip Sencer, Real Estate Pro in Chicago, IL
Philip Sencer answered:
Anyone else noticed how these big hedge funds are coming into town and buying up all the inventory? What are your thoughts?
What???????? I have not noticed and could care less.
0 votes Share Flag Thu Feb 14, 2013 Home Buying in Chicago
Manuel Brown…, Real Estate Pro in 60640
Manuel Brown (312) 600-5710 answered:
Thoughts on buying a house that had a leaking underground oil storage tank removed?
Dear home buyer,

I completely understand your concern! Get a really excellent home inspector and provide him or her with all the reports provided by the home seller. The home inspe ... more
0 votes Share Flag Thu Apr 24, 2014 Home Buying in 60631
Matt Laricy, Real Estate Pro in Near North Side, Chi...
Matt Laricy answered:
i want buy this home but i cant because im in chapter 13 i need some one to buy it for me i would give them 5,000 dollers an would sign agreement to
Maybe try a private lender. But I am not sure if that will help at all.
0 votes Share Flag Thu Feb 14, 2013 Home Buying in Chicago
Philip Sencer, Real Estate Pro in Chicago, IL
Philip Sencer answered:
Can I buy w my itin number???
That might be an issue, but my web site has some lender references. Give them a call. There is no cost to speak with them.
0 votes Share Flag Fri May 10, 2013 Home Buying in Chicago
Matt Laricy, Real Estate Pro in Near North Side, Chi...
Matt Laricy answered:
I'm considering buying a Mobile home in Weeping Willow Ranch,La Grange,Il.,any advice?
I would just check the different options available. They have a lot of these over there. The managers on site are pretty good for information as well.
0 votes Share Flag Tue Feb 12, 2013 Home Buying in Chicago
Lucid Realty, Real Estate Pro in 60622
Lucid Realty answered:
what is the best neighborhood for buying investment property in chicago- market trends? and what type of investment property is best return?
There is no simple answer to this question. It all depends upon your risk tolerance and your financial goals. The riskier the investment the higher the potential return in general. You ... more
0 votes Share Flag Mon Feb 11, 2013 Home Buying in Chicago
Michael Cheng, Real Estate Pro in San Jose, CA
Michael Cheng answered:
Rules regarding counting rental income?
Your last question is key. The rules regarding rental income changes from lender to lender. You can find some local banks that will consider rental income as soon as the lease is sign ... more
0 votes Share Flag Sun Feb 10, 2013 Home Buying in Chicago
Sabran, Both Buyer and Seller in 60630
Sabran answered:
Questions regarding refinancing and getting a second mortgage
I currently have a condo in Jefferson Park that I bought in 2008. I originally got the loan through BoA using their "No Fee Mortgage Plus" program. I didn't find out until very recently ... more
0 votes Share Flag Sat Feb 9, 2013 Home Buying in Chicago
Dinece Carmi…, Real Estate Pro in Mid City, Los Angeles,...
Dinece Carmichael, CDPE, RFC answered:
Bank accepts then declines approved short sale offer twice then begins foreclosure. Should I be talking to a lawyer?
Amanda, when you submit for short-sale approval it must consider the second lien in the HUD-1; the primary loan does not stand alone when there is a second mortgage lien on the property ... more
0 votes Share Flag Mon Feb 11, 2013 Home Buying in Chicago
Steve Stenger, Real Estate Pro in Chicago, IL
Steve Stenger answered:
how do i find out what year a property became FHA approved?
Go to www.hud.gov. Click on the resource tab, then click on HUD approved condominium projects. Do a search by zip code in the drop down box. Then look for the association by legal name
... more
0 votes Share Flag Fri Feb 8, 2013 Home Buying in Uptown
Bill J Delig…, Real Estate Pro in Chicago, IL
Bill J Deligiannis answered:
Home buying in Beverly..Difficult?
If you are prequalified with your Lender and establish a strategy with your Realtor, you shouldn't have a problem finding a home. You have to look at properties you can afford and act q ... more
0 votes Share Flag Wed Feb 20, 2013 Home Buying in Chicago
Lucid Realty, Real Estate Pro in 60622
Lucid Realty answered:
can i buy a home in chicago near mosque or islamic center?
Yes. You can buy a home anywhere you want.
0 votes Share Flag Wed Feb 6, 2013 Home Buying in Chicago
Matt Laricy, Real Estate Pro in Near North Side, Chi...
Matt Laricy answered:
If I buy a condo in Chicago for $150,000 cash, what closing costs can I expect?
Transfer stamps which are 7.5 per 1k, attorney fee, title, etc. I would say around 3500 in fees.
0 votes Share Flag Tue Jul 29, 2014 Home Buying in 60654
Joe Schiller, Real Estate Pro in Chicago, IL
Joe Schiller answered:
What other options does one have aside from a short sale?
deed in Lieu or foreclosure..you need a professional to help you..contact me
0 votes Share Flag Wed Feb 6, 2013 Home Buying in Chicago
Joe Schiller, Real Estate Pro in Chicago, IL
Joe Schiller answered:
Does the Illinois Condo Act supersede an HOA bylaws and declaration?
this looks like a job for Sherif Taylor
0 votes Share Flag Sun Jul 7, 2013 Home Buying in Chicago
Joe Schiller, Real Estate Pro in Chicago, IL
Joe Schiller answered:
South Suburban broker looking for help in Lincoln Park
you live too far away to be messing with a rental.. the high rises pay commission to agents who have a agreement with them which takes extensive development
0 votes Share Flag Sat Feb 9, 2013 Home Buying in Chicago
Matt Laricy, Real Estate Pro in Near North Side, Chi...
Matt Laricy answered:
Are they crazy,10818 albany they want 20,000 more than appraised?
They must be! When was the appraisal completed?
0 votes Share Flag Sun Jul 13, 2014 Home Buying in Mount Greenwood
David Hanna, Real Estate Pro in Chicago, IL
David Hanna answered:
How cocky is it that Freddie Mac and listing agent (su familia) think 10818 albany is worth 20,000 more than appraised broken windows no kitchen?
Only time will tell. An appraisal is only one factor, and another appraiser may come to a different price point.
0 votes Share Flag Wed Feb 6, 2013 Home Buying in Mount Greenwood
Sam Stewart, Real Estate Pro in Chicago, IL
Sam Stewart answered:
When is the best time for house hunting in Hyde Park?
There are advantages to buying or selling in any season. For example, there may be more listings in the summer and spring, but you may be competing with more buyers if you submit an of ... more
0 votes Share Flag Mon Nov 11, 2013 Home Buying in Hyde Park
B.J. Tregoni…, Real Estate Pro in Chicago, IL
B.J. Tregoning answered:
Can a buyer refuse a counter offer from the seller and then have the seller turn around and sue them for breach of contract?
Usually that would not be breach of contract but it all depends on what that contract says and how it's written. Call a local real estate attorney and hire them to advise you.
0 votes Share Flag Thu Feb 7, 2013 Home Buying in Chicago
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