You should make an offer that represents the fair value of the property less some amount for the pain in the ass factor associated with a short sale. Don't think about it in terms of the asking price. The asking price is often irrelevant with short sales.... more
This information should be public record. I would start with the local county recorders office and see where you go from there. Information that old may not be readily available but you might be able to order the records back from archive. Good luck!... more
There really is no "average". A lot depends on your condo association and their budget. Some associations keep the assesments low and then implement a special assesment for big repairs and improvements. Some keep them a bit higher and have plenty in reserves. The age of the building, or age of conversion also plays a role.
If your building is more than 20 years old or has not been recently converted, I would guess $200-$300 would be expected.... more
We as agents cant comment on this sort of thing. You can always check chicago crime by block or other websites for this sort of information. Also, only YOU can determine what is right and wrong for your family. I suggest you go to whatever area you are looking in at all times of the day and night and see if you and your family would be comfortable there. Best of luck.... more
Hi Angelica. Unfortunately, there's really nothing a buyer can do to expedite the process, but your agent should check with the listing agent frequently and make sure that the listing agent calls the lender(s) regularly to keep things moving along. Sometimes the listing agents don't understand that they need to be the squeeky wheel. You may also want to look at other houses that may fit your needs as there's no guarantee that the lenders will approve the short sale. 2.5 months is a long time waiting even in a short sale situation. Good luck.... more