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Remodel & Renovate in 60647 : Real Estate Advice

  • All66
  • Local Info6
  • Home Buying26
  • Home Selling5
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Activity 6
Tue Dec 9, 2014
Suzanne MacDowell answered:
Call the FHA supervisor and tell him what is going on. You can fire the contractor and find another one, it's not the ideal thing, but it can be done. I know they will give you an extension so you have the entire 12 months after that I am not sure, but the project manager/supervisor from FHA should be able to either get this guy to get the job done or help you find someone who will. ... more
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Mon Jul 14, 2014
Mike Opyd answered:
If the city finds out you may be in trouble. Most likely a monetary fine of some sort. Really depends on the property type, what its zoned for, what you did. Too many variables there to answer really. Bring a contractor through and have them answer this. ... more
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Thu Oct 10, 2013
Daniel Mirea answered:
It Depends !!!!

1. If It's your primary residence you want to be comfortable , you need more space , need a brand new garage and have the money ......you should do it!

2. if you are looking to remodel a property (flip ) and don't know what to do .........you need to do the numbers first and than talk to a good Realtor who can have a CMA and some suggestions!

In the end...we need more info so we can answer properly your question!
... more
0 votes 8 answers Share Flag
Sun Aug 25, 2013
Bob Brandt answered:
I wish Trulia would automatically delete the questions after 6 months, so they do not keep popping up after 3 years.
0 votes 4 answers Share Flag
Sun Aug 25, 2013
Bob Brandt answered:
I wish Trulia would automatically delete the questions after 6 months, so they do not keep popping up 5 years later.
0 votes 4 answers Share Flag
Mon Dec 29, 2008
Christopher Thomas answered:
Dear Emma,

I can't be sure from your question whether or not you are planning to rehab the basement of this building, but if so (or if you are planning any other renovations) I'd suggest speaking with a licensed general contractor first to get estimates on the work that you might be planning to undertake.

Once you've determined approximate amounts that you might spend on a rehab but before you begin the rehab work, Id suggest contacting a Realtor in your area who can assist you with determining both a resale value for the home and/or the range of rents that you might be able to charge once the home is rehabbed.

Both values will be critical to whatever decisions you make regarding the status of the home.

Let me know if I can be of any further assistance.

Sincerely,

Christopher Thomas
Broker Associate, Sudler Sotheby’s International Realty
1634 E. 53rd St. 2nd Floor Chicago, IL 60615
773-418-0640 (mobile) 312-577-0985 (fax)
Christopher.thomas@sothebysrealty.com
... more
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