60004 : Real Estate Advice

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Psutor5, Home Buyer in Chicago, IL
Psutor5 asked:
I have an active real estate license and Will be taking a new job that requires me to put my license in an inactive status. I started looking at hold ing companies but was informed that my license would still be in an active status. I was told that if I resign. I would have until 2017 to make a decision. Any insight would be helpful.
0 votes Share Flag Fri Aug 12, 2016 Agent2Agent in 60004
Jim O'connor, Home Buyer in Wheeling, IL
Jim O'connor asked:
I just wanted to have an idea, where I was with my mortgage: not looking to sell, not look'g for a loan...so please let's not waste each other's time Please unsubscribe me - I did not join.... I followed the prompts but do not wish to speak to anyone.....thank you - Please take me off your lists....
0 votes Share Flag Thu Jun 9, 2016 Market Conditions in 60004
Steven Daboub, Home Owner in Palatine, IL
Steven Daboub answered:
Can I list a home for sale by owner on trulia?
Yes we did and it has been a great experience. Actually did Zillow first and Trulia followed
0 votes Share Flag Tue Mar 15, 2016 Home Selling in 60004
Michael Pitt…, Real Estate Pro in Arlington Heights, IL
Michael Pittman answered:
What is an unfinished basement worth?
In the Chicago area, most homeowner want and expect a basement. Having said that, not having a basement can be a hindrance in getting a home sold when competing with other homes which ... more
0 votes Share Flag Mon Sep 15, 2014 Home Buying in 60004
Jan McNulty, Real Estate Pro in Mt Prospect, IL
Jan McNulty answered:
Hi, I am looking for an apartment within Prospect High School's district for no more than 800/mo. Help!
I am so sorry, but I looked in the multiple listing service and see no listing for a rental for under 1200.00 a month. I looked in both Arlington Heights and Mt Prospect. You might be a ... more
1 vote Share Flag Mon Feb 10, 2014 Rentals in 60004
Arlyn Tratt, Real Estate Pro in Skokie, IL
Arlyn Tratt answered:
Looking for recommendations for an agent to help search for a rental.
I have a rent to own program that would be perfect for you.
It's open to just about any house for sale on the market and there is no obligation to purchase the home at a later date.
H ... more
0 votes Share Flag Wed Jun 26, 2013 Rentals in 60004
Trevor Curran, Real Estate Pro in Great Neck, NY
Trevor Curran answered:
I am interested in a local bank who would handle a owner occupied purchase mortgage - it would be a non-conforming loan
Good afternoon Cyork,

I recommend instead speaking with a Local Mortgage Banker. You'll find Mortgage Bankers provide a much higher level of service and expertise than a Loan Office ... more
0 votes Share Flag Thu Sep 27, 2012 Financing in 60004
Dale Logan, Real Estate Pro in Arlington Heights, IL
Dale Logan answered:
Mortgage - Bank or Broker?
Have you checked with the bank where you have your accounts?

I've seen some banks that were higher and others that offer pricing that couldn't be matched. One in particular that p ... more
0 votes Share Flag Wed May 23, 2012 Financing in 60004
Rick Shadid, Real Estate Pro in Palatine, IL
Rick Shadid answered:
How much would a permanent disabled first time home buyer with some poor credit qualify for a MCM loan to buy a townhome?
How much you qualify for is determined by your 'debt to income' ratio amongst other factors. The best way to determine your eligibility for a home loan would be to speak to an FHA (fir ... more
0 votes Share Flag Sun Apr 29, 2012 Home Buying in 60004
Jim Holder, Real Estate Pro in Rolling Meadows, IL
Jim Holder answered:
Do you see the supply of bank-owned homes dwindling down due to recent developments or the low tide of REO properties has yet to hit our markets?
Let's see, almost 4 million homeowners with mortgages either in foreclosure or late on payments heading toward default. Only 10% of these are on the market. And 25% of the homes on ... more
1 vote Share Flag Mon Nov 22, 2010 Foreclosure in 60004
Tom Poziwilko,  in Arlington Heights, IL
Tom Poziwilko answered:
Straight from the MLS, searched by subdivision name Greenbrier:

Over the past 12 months -
List Price median / $314,900
Sale Price median / 306,000

There were 5 closings, 3 were ... more
0 votes Share Flag Sat Sep 18, 2010 In My Neighborhood in 60004
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