Financing in Near North Side : Questions & Answers

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Chuck Stupar…, Real Estate Pro in Oak Brook, IL
Chuck Stuparits answered:
How would I get an idea of the value of the 600 sq.ft. terrace that provides a unique access to the pool.
I recently sold a listing @ 5510 N. Sheridan Rd. witha 600 SF terrace, albeit not to a pool, just a private terrace for the penthouse unit and it was $35,000 more than the other penthou ... more
0 votes Share Flag Tue Aug 11, 2009 Financing in Near North Side
Newman-Mitri…, Real Estate Pro in Near North Side, Chi...
Newman-Mitrick RE Group answered:
Who is solely accountable for the performance of the appraiser they select to write the appraisal?
Jack,

It sounds like you're dealing with a bad appraisal and believe me I feel your pain. The bank is ultimately accountable for the work the appraiser does because it's their money ... more
0 votes Share Flag Sun May 31, 2009 Financing in Near North Side
Kristen Blan…, Real Estate Pro in Andover, MA
Kristen Blanchet answered:
My condo was recently appraised at approx. $40K below what other comp. units have sold for in the bldg. The
Most appraisers will actually only go back 6 months for comps. Check with your registry of deeds and see if any of the units sold fsbo. The appraiser may not have checked and that will ... more
0 votes Share Flag Fri May 29, 2009 Financing in Near North Side
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