Home Buying in Wheaton : Questions & Answers

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Christine Gr…, Real Estate Pro in 60189
Christine Groves answered:
Cost per sf to build in Chicago
Unfortunately there is no per square foot basis to build. Cost is determined by builder via market value and is dependant upon location, amenitites, upgrades, lot size, garage, basemen ... more
0 votes Share Flag Sun Jan 19, 2014 Home Buying in 60187
Terry Farnsw…, Real Estate Pro in Crystal Lake, IL
Terry Farnsworth answered:
Will a split-level home in the western suburbs sell in this market with a laminate counter top in the kitchen?

No - a laminate countertop is certainly not a dealbreaker. I grew up in Glen Ellyn, and quite a few of my friends lived in Wheaton (I went to St. Francis HS). I am extreme ... more
0 votes Share Flag Mon Apr 29, 2013 Home Buying in Wheaton
Mary Bremer, Real Estate Pro in Dupage County, IL
Mary Bremer answered:
I am looking at a home in south Wheaton that has private well water. Sewer is public. Is well water in south Wheaton a good thing?
Hello Erik. A seller has to provide a well and septic report before closing. There is a company I use for my testing and can answer your questions. Russell and Abraham at 630-231-146 ... more
0 votes Share Flag Fri May 24, 2013 Home Buying in Wheaton
Elizabeth Sc…, Real Estate Pro in 99701
Elizabeth Schok answered:
Due to unexpected circumstances, can we still back out and refund our down payment?
Sorry to hear of your unfortunate circumstances. I suggest consulting your REALTOR and perhaps a Real Estate Attorney. The answer to your question will depend on several things such a ... more
0 votes Share Flag Sat Jan 28, 2012 Home Buying in 60189
Jim Simms, Real Estate Pro in Louisville, KY
Jim Simms answered:
Does it affect our final loan approval if my husband claim an unemployment insurance claim?
Chat with your loan officer and let them know about your husband losing his job. Every loan has a specific guideline that the loan officer and underwriter must follow. If your husbandà ... more
0 votes Share Flag Sat Feb 18, 2012 Home Buying in 60189
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
Resale value - 4br 1 ba or 3 br 2 ba?
That's a good question, but the answer is "it depends."

It really depends on other houses in the immediate neighborhood and what potential buyers expect. For instance, ... more
0 votes Share Flag Mon Sep 19, 2011 Home Buying in Wheaton
Anthony Cava…, Real Estate Pro in Channahon, IL
Anthony Cavalea IV answered:
Short employment history, pristine credit and home financing
It sounds to me like you're OK, although I'm not a mortgage expert. I'm confused by what you consider "undocumented income". It sounds like you paid taxes, and ... more
0 votes Share Flag Thu Nov 15, 2012 Home Buying in Wheaton
Shane Willis,…, Real Estate Pro in Pensacola, FL
Shane Willis, mba answered:
What if the appraisal on a foreclosed home comes back lower than your offer will the bank except the appraisal amount if the deal is near done?
Most contracts have an appraisal contingency that says it must appraise at or above purchase price (make sure yours does). I have personally had this happen and yes the bank dropped the ... more
0 votes Share Flag Sun Apr 17, 2011 Home Buying in Wheaton
Belinda Spil…, Real Estate Pro in Centennial, CO
Belinda Spillman answered:
Is this actionable claim?Showed couple in & out from San Fran-San Diego property for 3 months. Male never disclosed he was agent.Used us for
Boy that is the pits. Some people are just so under-handed.
Whenever there is a procuring cause complaint filed here in Colorado, it never goes anywhere. I talked to someone on the ... more
0 votes Share Flag Fri Mar 4, 2011 Home Buying in Wheaton
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
My sister has offered to rent to own her house. She has had a hard time selling it and My husband and I love her house. They bought the house for
First a warning, the old saying never do business with friends and family.... So first thing you need to do is meet with a local and trusted loan officer to get prequailified. They will ... more
0 votes Share Flag Wed May 26, 2010 Home Buying in Wheaton
Ekerry.com, Real Estate Pro in Wheaton-Glen Ellyn
Ekerry.com answered:
are there many sngl fmly homes that can accomodate seperate living area for parent or adult children?
In Wheaton you can do that.
0 votes Share Flag Wed Feb 16, 2011 Home Buying in 60187
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
Can I obtain a higher mortgage loan if my wife has a job offer that starts in 4 months?
GREAT QUESTION: Yes her income would count towards your application for obtaining a loan. However she needs to be in the SAME position for approx. 2 years, if she has changed compani ... more
0 votes Share Flag Sat Sep 6, 2008 Home Buying in Wheaton, IL
Sylvia Barry,…, Real Estate Pro in Novato, CA
Sylvia Barry, MAS, CIPS, SRES answered:
Implied Agency? Do we have a buyer's agent now?
No, Trina, you are not obligate to use her as your buyers agent - unless you signed a buyer agent agreement with her. A disclaimer - I am in CA. So, IL might have different rules, but ... more
0 votes Share Flag Fri Nov 11, 2011 Home Buying in Wheaton
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