Algonquin : Questions & Answers

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Geoff Ommen, Real Estate Pro in Barrington, IL
Geoff Ommen answered:
Wheres a good place to live with a diverse family?

Unfortunately you have asked a question that can not be answered by a Realtor. Our code of ethics ensures that we treat all areas equal. There are many different protected ... more
0 votes Share Flag Wed Jan 30, 2013 Rentals in Algonquin
Randy Schule…, Real Estate Pro in Algonquin, IL
Randy Schulenburg answered:
Accepted counter on a short sale. The loss mitigator's email is from Celnar. Do they own the note or are they just handling the paperwork ?

That's a good question. Your attorney would be the best one to follow up for you to find out if an investor owns the note. In most cases you will find that an investor does ... more
0 votes Share Flag Thu Feb 19, 2015 Home Buying in 60102
Norma Hernan…, Real Estate Pro in Algonquin, IL
Norma Hernandez answered:
Mortgage application
It really all depends on what she will qualify for. I suggest speaking to a loan officer. I could give you a recommendation if you like.
0 votes Share Flag Thu Feb 19, 2015 Home Buying in Algonquin
Peter Mohyls…, Real Estate Pro in Sandestin, FL
Peter Mohylsky answered:
What is the best approach to preparing your home for sale with a current renter in place? Our renter has been great.
Do you plan on putting the property up for sale with the renter in place? You need to coordinate this activity with the renter. Was this addressed in the rental contract? It should no ... more
0 votes Share Flag Mon Oct 8, 2012 Home Selling in Algonquin
Maria Ascenc…, Real Estate Pro in 60175
Maria Ascencio answered:
Flooding near downtown - specifically La Fox Drive - looking at purchasing a home on West side of street. Does anyone know if this street floods?
Hello Nicole

Feel free to contact me regarding your concern

Maria Ascencio
RE/MAX Platinum
0 votes Share Flag Fri Sep 7, 2012 Home Buying in Algonquin
Randy Schule…, Real Estate Pro in Algonquin, IL
Randy Schulenburg answered:
Has anybody ever gotten a mortgage company to reduce the principal balance - even just a little bit - during a loan modification?

Yes. I read of a case in Florida where the Bank reduced the principal balance on a loan modification. I know this isn't common but it's certainly possible.
0 votes Share Flag Sun Aug 5, 2012 Foreclosure in Algonquin
Kate Schumac…, Real Estate Pro in 60118
Kate Schumacher answered:
Is 1310Wynnfield in the Liberty E. school district
This property is listed as being in the Westfield Elementary School Boundaries. Would you like help locating a home that meets your needs that attends Liberty Elementary?
0 votes Share Flag Thu Apr 26, 2012 In My Neighborhood in 60102
Larry Tollen, Real Estate Pro in Durham, NC
Larry Tollen answered:
Question regarding foreclosure records....

There's a lot of missing information that makes your question difficult to answer. I would suggest that many online real estate sites are rife with misinformation, typos, ... more
0 votes Share Flag Thu Feb 19, 2015 Home Buying in Algonquin
Lisa Doyle, Real Estate Pro in 94506
Lisa Doyle answered:
I am in the process of buying a foreclosure. The counter offer I received from the bank asked that I waive the attorney review period (5 days)
I think your agent is giving you very good advice. In some states having attorneys involved is a standard practice, others it is not. You could also just get a contingency period for ... more
0 votes Share Flag Wed Sep 21, 2011 Home Buying in Algonquin
Tina Harnish…, Real Estate Pro in Rockford, MI
Tina Harnish Johnson answered:
houses for sale on grayhawk in algonquin 60102 the coves the price 599,900.00 and its pending
The house you are talking about is 3631 Grayhawk. That home is pending. It was listed for $599,000 and is a short sale. If you have any questions about this home or about the communi ... more
0 votes Share Flag Sat Aug 28, 2010 Home Buying in Algonquin
Brandon Schu…, Real Estate Pro in Westchester, IL
Brandon Schuppe answered:
How Long for a short sale negotiator to accept your offer?
It all depends on who the bank is and how well the listing agent stays on top of the file. The earliest a contract could be looked at can be a few weeks and I've experienced some b ... more
0 votes Share Flag Thu Feb 19, 2015 Home Buying in 60102
Dan Chase, Home Buyer in Texas City, TX
Dan Chase answered:
looking on trulia, there are homes listed in various stages of foreclosure (REO, Auction etc) through realty trac. Yet some of these homes never
I have a very simple easy to follow suggestion that will help you greatly.


You can not buy a house for what they list it as.
If you want to buy ... more
0 votes Share Flag Thu Feb 19, 2015 Home Buying in 60102
Melissa Kamp…, Real Estate Pro in 60156
Melissa Kampschroer Leetzow answered:
I have bad credit. My fiance has near perfect credit. Would it be in our best interest for him to apply for the mortgage on his own?
Hi Alglover

It would be in your best interest to speak with a Loan Officer, if you have not done so already to see what would be available for your particular situation.

If you ac ... more
0 votes Share Flag Tue Dec 28, 2010 Financing in Algonquin
Realty Execu…, Real Estate Pro in 60014
Realty Executives Cornerstone answered:
Short Sale/Preforeclosure/Forclosure questions and tips on negotiating the price
HI Eric,

The biggest difference betweena short sale and a forclosure is time. A forclosure is owned by the bank already and can respond to offers quickly. HOwever many times the ut ... more
0 votes Share Flag Thu Feb 19, 2015 Home Buying in 60102
Keith Sorem, Real Estate Pro in Glendale, CA
Keith Sorem answered:
In this market - we want to retire. Had home built 2 years ago for retirement. Now 6 months and only 2
See link below. You are in a tough market.

Interest rates at record lows.
Economy in the tank.

In most markets homes are selling, more this year than last year, but at much low ... more
0 votes Share Flag Mon May 18, 2009 Home Selling in Algonquin
Deana Truppa, Real Estate Pro in Schaumburg, IL
Deana Truppa answered:
How do I search for commercial property?
Go to the Search in the MLS/MRED and go to Property Type and look at the drop down, find your desired search.

Hope this helps.....

Take Care,
Deana Truppa
0 votes Share Flag Sun Sep 1, 2013 Tech Tips in Algonquin…, Real Estate Pro in Dallas, TX Dallas Realtor answered:
How do I find out what are the property taxes in each village on nortwest suburbs in Chicago area?
You can check the county tax assessor website where it would detail tax rates, and etc.
0 votes Share Flag Sun Sep 14, 2008 Home Buying in Algonquin, IL
Voices Member,  in
Voices Member answered:
what is the average ask to sell price ratio in Algonquin, IL area in 2008?

Email your question.....he will be able to assist you:)

0 votes Share Flag Thu Oct 29, 2009 Market Conditions in Algonquin
Dorthy Pasto…, Real Estate Pro in 60102
Dorthy Pastorelli answered:
I am thinking about building a house in Algonquin. The other houses in the area are selling for around
It would really depend on the type of home you were building, where the lot was located and if you were building the property as an investment or a long term home to live in. There are ... more
0 votes Share Flag Wed Aug 5, 2009 Market Conditions in Algonquin
Dorthy Pasto…, Real Estate Pro in 60102
Dorthy Pastorelli answered:
Can you tell me who listed the home at 417 James Ct. Algonquin, IL 60102 My e-mail add is
I did some research on this and am unable to find this address in Algonquin, IL. I am an agent with Coldwell Banker who specialalizes in the Algonquin, LITH, Huntley and surrounding are ... more
0 votes Share Flag Fri Apr 4, 2008 Home Selling in Algonquin, IL
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