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60634 : Real Estate Advice

  • All31
  • Local Info1
  • Home Buying16
  • Home Selling4
  • Market Conditions0

Activity 26
Tue Mar 8, 2016
John Meyers answered:
If that is new construction, it sounds like $7,700 already has the homeowner exemption.

I grew up in that neighborhood (Dunning), am now in Park Ridge, and would be happy to look it up for you.

Sincerely, John Meyers (Meyers Realty, MeyersReatly1.com, c: 847-533-7115)
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0 votes 6 answers Share Flag
Sat Aug 22, 2015
Noah Seidenberg answered:
Talk to your Realtor as they are the only person who can make updates to the listing. Only Professional Realtors can edit listings that they have entered
0 votes 1 answer Share Flag
Wed Jul 8, 2015
Alicia O'Toole answered:
Hi Tom,

What are the properties in your area like? If the other homes in the neighborhood have custom tile work, buyers in that area will most likely be looking for similar rehab. It's usually best to mirror the quality of work in your area, as over-rehabbing may not recoup the cost, but under-rehabbing will not be as competitive.

With that being said, I think most buyers prefer tile and grout when buying a new home. Bath rehabs are one of the best ways to increase home values. Good luck with your impending rehab project. Let me know if you have any other questions or if I can assist you when you go to list your home.

Cheers,

Alicia O'Toole
OTooleRE@gmail.com
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0 votes 1 answer Share Flag
Sun Jul 5, 2015
Heather answered:
Im looking for a rent to own house with 3 plus possibly 4 bedrooms a full basement, Im looking in the illinios northwest subburbs. if i could get me information on propertys and how the program works thanks
scholl622@yahoo.com
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0 votes 12 answers Share Flag
Fri Jul 3, 2015
Noah Seidenberg answered:
Only your lender can answer these questions. Talk to them and try and get them to commit and lock in the rate.
0 votes 2 answers Share Flag
Fri Apr 24, 2015
Steven Johnson answered:
Hi Joe,

There are likely other options you have aside from getting a conventional loan. It sounds like you have a lot of funds tied up in other assets which also shows financial stability. I would recomend reaching out to a lender to see what kind of interest rate you would qualify for. Feel free to reach out to me with any other questions you may have.

Steven D johnson
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0 votes 2 answers Share Flag
Tue Mar 10, 2015
Matt Laricy answered:
I would look up the agents that sell in 60634.
0 votes 3 answers Share Flag
Tue Mar 10, 2015
UpNest Top Realtors answered:
Hi Luke,

I noticed this conversation has slowed down over the past year, but as it's very relevant to our service, we wanted to chime in for anyone else that comes across this thread.

Commission is always negotiable, and the Department of Justice even condones it as good competitive behavior among agents.

So 6% commission is almost always the normal "realty fee" but that can really vary depending on the location and price of the home you're wanting to sell. Many agents are willing to be flexible on commission rates, but it's not something they like to advertise. And most clients are not very capable or comfortable negotiating rates.

At UpNest (http://www.upnest.com), we created an online marketplace where home sellers can confidentially submit their homes, and multiple top local agents will compete to obtain your listing. Some agents lower their commission rates to stand out, and every agent that submits a proposal is an experienced agent, so it's not the same as working with a low grade discount brokerage.
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0 votes 23 answers Share Flag
Wed Feb 12, 2014
Chris Diamond answered:
No you do not have to wait; we have a product that the terms range from 3 to 36 months.

Fast closings as well with this product.

Chris Diamond
Diamond Residential Mortgage Corporation
NMLS 771882
chris.diamond@thedrmc.com
847-775-2181
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0 votes 17 answers Share Flag
Tue Feb 11, 2014
Don Tepper answered:
I agree with the others. You don't need a Realtor. However, the advice that each of you have your own attorney is good, and you might find that an attorney might recommend that option as well.

One other suggestion: Check with your accountant to make sure that the transaction is structured to minimize taxes.

Hope that helps.
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0 votes 21 answers Share Flag
Tue Dec 31, 2013
Brendan Ross answered:
You are always entitled to ask for what you want through your Realtor. He or she will give you his professional opinion as to the appropriateness of your request, but ultimately, you are the buyer, and you can ask for whatever you would like.

In this case, the seller should absolutely allow you in for a second showing. After such a passage of time, it's a natural request.
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0 votes 16 answers Share Flag
Wed Dec 18, 2013
Michele Wilson answered:
Fri Nov 29, 2013
John Meyers answered:
Not if you use a mortgage broker who does his/her homework before preparing a pre-approval letter.

I have a great broker at Wintrust Mortgage who has been a big help to my clients.

Just let me know if you would like his contact info.

Thanks,
John Meyers, Meyers Realty
c: 847-533-7115
e: JohnMeyers@MeyersRealty1.com
... more
0 votes 23 answers Share Flag
Thu Nov 21, 2013
Chris Diamond answered:
Agree with answer directly below.

Chris Diamond
Diamond Residential Mortgage Corporation
NMLS 771882
847-775-2181
chris.diamond@thedrmc.com
0 votes 8 answers Share Flag
Wed Oct 2, 2013
Bev West answered:
The title company charges a closing fee to for providing closing and settlement services. These fees vary according to what type of services they are doing ie. Real Estate, Loan Closing, Refinance, Foreclosures etc. Talk to your title company or your Realtor and they should identify what amount you are looking to pay. ... more
0 votes 15 answers Share Flag
Mon Sep 30, 2013
Carl Ben Witzig answered:
I just closed on a conventional loan home sale, where mold was detected, then tested and found non-toxic. But to provide remediation for what caused or contributed to the mold, a credit of $700 was given by seller to buyer to vent the attic space where it was found, above a bathroom. Test was thru a licensed mold inspector and included the lab fee, total $225. I believe there must be variability among lenders on what they will tolerate. Based on the posts below inb Chicago area. Some people woiuld not spend the money to determine the nature of the mold, toxic or not, and just remediate the mold, about $750. You want to think about alterations to prevent it from coming back if you can. ... more
0 votes 18 answers Share Flag
Mon Sep 30, 2013
Riccardo Wardlow answered:
qualifying for a home is not difficult, and you dont need to have super high scores to make it happen. I'd love to go into detail how to make it happen.

Riccardo Wardlow
Owner
Quality Mortgage Lending
630-670-8266

RATED A+ WITH THE BBB

*We do Conventional loans down to a 620 score
*We do FHA loans down to a 580 score
*We do USDA loans down to a 620 score (no money down)
*We do $100 down payment FHA program
*Unlimited Loan To Value refinances on Fannie/Freddie refinances (only on loans originated before May 31st 2009
*We do VA loans down to a 620 score
*We give free counseling on what needs to be done to improve your credit score.
*We do 203k loans down to a 620 score
*We do reverse mortgages
*We do JUMBO loans to 12 million
*We do Itin loans
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0 votes 26 answers Share Flag
Fri Jul 19, 2013
Jeffrey Olichwier answered:
Are you making the fixes with money out of your pocket before you own it? Are you getting an exceptional price?

If you cap it, generally that will relieve the issue since as Sandro stated, one of the issues with peeling paint is concern over lead-based paint being exposed. ... more
1 vote 5 answers Share Flag
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