Mchenry County : Questions & Answers

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Eli Givoni-S…, Real Estate Pro in Boca Raton, FL
Eli Givoni-Short Sale Dept LLC answered:
How is your credit affected from a short sale rather than a foreclosure?
Your credit is far less damaged with a short sale than with a foreclosure. We are a professional short sale service and would be happy to explain the process to you. Please call us di ... more
0 votes Share Flag Sun Feb 13, 2011 Foreclosure in 60156
Eli Givoni-S…, Real Estate Pro in Boca Raton, FL
Eli Givoni-Short Sale Dept LLC answered:
how does dee in leiu of foreclosure work?
You save the bank the cost of foreclosing on your property and just sign over the deed to them. Most banks will ask you to do a short sale first, though, because they don't want y ... more
0 votes Share Flag Tue Feb 15, 2011 Foreclosure in 60156
Shawn Strach, Real Estate Pro in McHenry, IL
Shawn Strach answered:
I am looking for a rent to own or owner financing a house in Mchenry County?
We have a single family home available with this criteria. 3 Bedroom, 1 Bath, Full Basement, 1.5 Car Garage with a fenced in yard. Nice home, ready immediately. Give me a call to discus ... more
0 votes Share Flag Mon Jan 16, 2012 Home Buying in Mchenry County
David Axness, Real Estate Pro in Lake Oswego, OR
David Axness answered:
The neighbors house is in foreclosure & their trees are damageing our home. Doese the bank have to take care of this now?
I have never seen a bank much responsibility for issues like this. You'd have to take them to court and good luck with that. Typically your homeowners insurance would cover damag ... more
0 votes Share Flag Mon Jan 16, 2012 Foreclosure in Wonder Lake
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
how much is my home worth?
Not sure any agent can tell you what the property is worth without seeing it first--therefore consider inviting a few local agents and ask for a CMA--compararble market analys--after re ... more
0 votes Share Flag Mon Nov 8, 2010 Home Selling in 60142
Cecelia Marl…, Real Estate Pro in Chicago, IL
Cecelia Marlow answered:
Are there any apps or programs that anyone uses to manage your clients i.e last contact and info besides the MLS?
I've found ACT to be very useful, if you're willing to make the investment.
0 votes Share Flag Wed Oct 27, 2010 Tech Tips in Cary
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
If I close on a unit with a title insurance will it cover all future lein and unpaid bills. how I know if association is financially ok.?
What is your agent, attorney and or loan officer suggesting---generally, title insurance is protection on one's right of ownership and protects against any undiscovered defects by ... more
0 votes Share Flag Mon Jan 17, 2011 Home Buying in Spring Grove
Shawn Strach, Real Estate Pro in McHenry, IL
Shawn Strach answered:
WHAT IS THE RISK OF BUYING A UNIT WITHOUT A 'HOA'?
Well there are many duplexes that do not have a HOA in place. The only risk is the owner of the opposite unit and yours would need to maintain the common areas together, and sometimes t ... more
0 votes Share Flag Fri Dec 3, 2010 Home Buying in Spring Grove
Amy Foote, Real Estate Pro in 60118
Amy Foote answered:
Bid on a F. Mae foreclosure on the 4th, bid canceled a day later as F. Mae is re-assessing this ILL property, what now, how long could this take?
Well....that's the $64M question! Several banks are putting a hold on foreclosures to take a closer look at their processes, specifically in certain states because of their partic ... more
0 votes Share Flag Fri Oct 8, 2010 Foreclosure in 60050
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
Lisa, Home Seller in Johnsburg, IL
Lisa answered:
Can anyone provide insight to what it is like to live in Johnsburg, IL? My husband and I are looking at a house in the area.
It is funny you should ask. My husband and I moved here 21 years ago from the Northwest suburbs and we have been very happy here. I have two children that attended the Johnsburg schools ... more
0 votes Share Flag Sat Aug 21, 2010 General Area in Johnsburg
Margaret Rod…, Real Estate Pro in Baton Rouge, LA
Margaret Rodrigue answered:
is there anything anyone can do to help a Illinois vertern from foreclosure?
Look on this site or another for a local real estate agent and call one today! There are ways to sell the house before it forecloses! So get on the phone and get someone over today! Bes ... more
0 votes Share Flag Fri Aug 6, 2010 Foreclosure in Spring Grove
Peggy S Baker, Real Estate Pro in 60010
Peggy S Baker answered:
does anyone know where I can get more information regarding Cary, IL SSA1? Do you know how long the repayment is?
Can you tell me what area the house is you may be considering? There are communities that will have the SSA attached to the tax bill for many years to come, but to answer your question ... more
0 votes Share Flag Thu Aug 26, 2010 Home Buying in Cary
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
Judi Monday,…, Real Estate Pro in Green Valley, AZ
Judi Monday, CRS answered:
How do I get my listings featured?
You need to pick one of the pro plans--go to: http://www.trulia.com/truliapro

I am finding it is well worth the small monthly cost.
0 votes Share Flag Thu Jun 20, 2013 Home Selling in 60156
Thom Colby 8…, Real Estate Pro in Irvine, CA
Thom Colby 888-391-5245 answered:
Hard Money in Chicago area.
Darren,

Great question! I'm not in Chicago so I don't know any hard-money lenders there BUT, an alternative might be to work with a REALTOR to find the home you really wan ... more
0 votes Share Flag Sun Jul 25, 2010 Financing in Lake in the Hills
Carl Henker, Real Estate Pro in 95928
Carl Henker answered:
Should we short refi to pay off our mortgage servicer?
You may find that the approval from your lender for a short sale and short refinance will also be based on your assets and ability to pay, if your current payment is not a hardship thos ... more
0 votes Share Flag Tue May 10, 2011 Financing in 60050
Dan Chase, Home Buyer in Texas City, TX
Dan Chase answered:
I have a Cary Woods 2BR Hanbury town home. Should I sell or rent?
Rent or sell goes beyond simple numbers. It goes to lifestyle, choices, long term goals, and personal decisions.

Do you want the hassle (and expense) of renting? Do you mind being ca ... more
0 votes Share Flag Wed Jun 23, 2010 Home Selling in 60013
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
What are the best communities with lake front homes and good schools in US?
Consider Fairfax County, Virginia. As Realtors, we can't comment specifically on "good schools," since there's a lot of subjectivity involved. However, you can check ... more
0 votes Share Flag Mon May 10, 2010 Market Conditions in Cary
Peggy S Baker, Real Estate Pro in 60010
Peggy S Baker answered:
can anyone finance 580 middle in IL. Is there still down payment assistance available in McHenry County?
There were some programs available including $5000 towards closing costs that do not have to be repaid, but you must live in the house for 5 years, and they also had up to $30000 in for ... more
0 votes Share Flag Wed May 5, 2010 Financing in Johnsburg
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