Home Selling in 60613 : Real Estate Advice

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Jeff Nobleza, Real Estate Pro in Evanston, IL
Jeff Nobleza answered:
Liability of HOA/Property Management company for an erroneous 22.1 disclosure and erroneous PAL?
HOA's and management companies have been sued in the past due to situations like you describe. You are willing to pay for a lawyer and hoping to be made whole after you win I recommend ... more
0 votes Share Flag Mon Jun 27, 2016 Home Selling in 60613
Christos Pap…, Real Estate Pro in Chicago, IL
Christos Papanastasatos answered:
If I sell my condo in Cook County, Illinois what are my expenses to sell it.
You may have the following:

Transfer Tax $3.50 per $1,000 of the sales price
Title Fees
Attorney Fees
Recording Fees
Real Estate Fees
State of IL Fees
Cook County Fees
City of ... more
0 votes Share Flag Thu May 21, 2015 Home Selling in 60613
Daniel Fowler, Real Estate Pro in Chicago, IL
Daniel Fowler answered:
Please tell me how I can list my condo for sale on Trulia, if possible? My email address is asg1jd@yahoo.com. Thank you, Avery Gerstein
Hi Avery,
Have you found a way to post your condo for sale yet? If not, I would also be happy to assist you! I can send you current market data for your area and on the most similar ho ... more
0 votes Share Flag Mon Apr 13, 2015 Home Selling in 60613
Jacqueline S…, Real Estate Pro in Chicago, IL
Jacqueline Smith answered:
Can a condo assoc stop the purchase of units for rentals if nothing is in the covenant? We are currently 50% rentals by one owner,
If it was not in the property report or the bylaws, the owners, not the board or management has to vote by either 66.67% or 75% to amend the rules. If the condo has the right of first r ... more
0 votes Share Flag Tue Jan 7, 2014 Home Selling in 60613
EP, Home Owner in Connecticut
EP answered:
My condo building has fallen to 41.7% owner occupancy (5 of 12). Will I be able to sell? We were FHA certified 3 months ago when our ratio was 50%.
what if my building has a total of 12 units; 6 owner occupied, 3 renters, and 3 for sale by owner but the owner is not living in the unit. Are those 3 considered owner occupied?

Wou ... more
0 votes Share Flag Wed Jan 16, 2013 Home Selling in 60613
Kristinpegram, Home Buyer in Forest Park, IL
Kristinpegram answered:
Has anyone used a guaranteed lease through Market Place Homes? It is a program offered through new home builders to guarantee rental income.
Mike- did you ever find anything else about this program? We have an interview with them on Tuesday. Thoughts?
0 votes Share Flag Thu Feb 16, 2012 Home Selling in 60613
Joe Schiller, Real Estate Pro in Chicago, IL
Joe Schiller answered:
Does anyone have experience with a new home builder agreeing to purchase your existing home, specifically in a different state?
Mike,
price and terms is the game. the terms in this market are 70% of the value to accept risk. I want you to reduce your price 10% (90% of Value) and sell it and send me 10% for my ... more
0 votes Share Flag Sun May 1, 2011 Home Selling in 60613
Why Buy? Ren…, Both Buyer and Seller in Wilmington, NC
Why Buy? Rent! answered:
What is the typical commission I can expect to pay to an agent to sell my condo?
List it on your own: "FSBO." Very easy to do with a condo....oh yeah...the BEST part. Add 6% on to what you take home after closing. $200k condo? $12k in tax-free money. Good luck and c ... more
0 votes Share Flag Tue Mar 10, 2009 Home Selling in 60613
Eric Marcus, Real Estate Pro in Chicago, IL
Eric Marcus answered:
If I sell my condo for $230,000 in Cook County (Uptown) what can I expect to pay, as a seller,for closing csts
On Jan. 20, 2009 one of our Uptown client's condominium closed for $221,000 that we had listed for $229,000. The closing costs were:

Attorney Fee: $500
State/City Transfer Tax and ... more
0 votes Share Flag Sun Feb 15, 2009 Home Selling in 60613
Ken Dooley, Real Estate Pro in Chicago, IL
Ken Dooley answered:
How long does a property have to be de-listed from the MLS before it can be re-listed as a new listing?
Hi Joe,

You've received a lot of good information in the answers so far. I was inspired to create a blog post based on your question concerning market timing and inventory in 60613. ... more
0 votes Share Flag Sat Jan 31, 2009 Home Selling in 60613
Bob Brandt, Real Estate Pro in Schaumburg, IL
Bob Brandt answered:
I pay taxes twice a year and just recently paid them on 7/1/08. If I close by 9/1/08 and pay closing costs
Since the cook county tax bills are not out yet for 2008 or even the second installment of 2007, I think what you paid on 7/1/08 was the first installment of the 2007. So you will proba ... more
0 votes Share Flag Mon Aug 18, 2008 Home Selling in 60613
Jim Roth,  in Chicago, IL
Jim Roth answered:
We are planning to sell our 2 bed, 2 bath condo in Ravenswood (60013) by Sept 08. How soon should we list?
I would advice you to list as soon as you can, if you hope to get offers and accept a contract by Sept. 8th.
0 votes Share Flag Mon Sep 3, 2007 Home Selling in 60613
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