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Beach Park : Real Estate Advice

  • All22
  • Local Info1
  • Home Buying5
  • Home Selling0
  • Market Conditions1

Activity 26
Mon Mar 13, 2017
Akishahalsey asked:
I am looking for a 3 bedroom home with 2 bathrooms. If there is something available in Zion, Illinois. If nothing in that area, then Beach Park or wadsworth.
0 votes 0 Answers Share Flag
Sat Oct 8, 2016
Scott Godzyk answered:
That they do not. I post my coming soon listings in my Active Rain blog. I put a link below for free sign up.
0 votes 1 answer Share Flag
Sun Jul 10, 2016
June Buerkle answered:
Normal is anything you can negotiate.

Just be clear that you either intend to rent the house from the new owners for a specific period or delay closing until a specific date
1 vote 1 answer Share Flag
Fri Oct 9, 2015
UpNest Top Realtors answered:
Hello Matt,

The only way to get your FSBO home listed on Trulia is to have it listed on the MLS. Only agents have access, but you could also pay for what's called a flat fee listing service if you want to sell by owner (generally not a good idea).

We created UpNest (http://www.upnest.com) to help home sellers get the best value possible. All you have to do is submit a few details about your home, and we'll invite several top local agents to submit proposals to you.

Since agents are competing to earn your listing, they bring out their best commission rates and value added services, saving you a lot of money. There's no risk to try us at all, and it's completely free for you.

http://www.upnest.com

Good luck!
... more
0 votes 2 answers Share Flag
Mon Aug 11, 2014
Jeff Nobleza answered:
Aside from what is mentioned below, you should be aware that the seller does NOT have to agree to reduce the sale price. Yes this may kill the deal but seller is never forced to do anything.

Consult the services of a realtor and attorney. This is a basic question that any qualified realtor or attorney can answer for you.
... more
0 votes 4 answers Share Flag
Sat Jul 26, 2014
Michael Steber answered:
Well Alexis, its been almost 2 years since you posted your question, so now I ask the obvious follow up question: Did you ever get a house?
0 votes 6 answers Share Flag
Wed Jan 29, 2014
John Walin answered:
Hi I verified on the tax records this house is in Dist 60. Right on the border of school district boundary. If you have a child already in Beach Park schools, probably would let your child finish school year. We can search by school district if that is a primary concern. Also we can search by drawing a box over a map to include the houses in your price range. Call text or email me if you are not already working with an agent. If you like my answer, thumbs up and best answer me-thanks!

John Walin
Coldwell Banker
847 276-0120 mobile/text
john.walin@cbexchange.com
... more
0 votes 1 answer Share Flag
Thu Oct 3, 2013
Layla El Said answered:
I have agents who are licensed in IL and WI. If you would like me to find an agent who can assist you let me know or visit our website.

Layla
0 votes 2 answers Share Flag
Fri Aug 30, 2013
Ivy Rose Navigar asked:
This question was asked from http://www.trulia.com/rental-community/9000055678/Shoreline-Terrace-38569-N-Sheridan-Rd-Beach-Park-IL-60099/
0 votes 0 Answers Share Flag
Tue Aug 13, 2013
John Walin answered:
Wed Jun 26, 2013
answered:
Good morning Smharvey72,

Rent To Own is a better deal for the Seller than it would ever be for a potential Buyer.

The basic concept is finding a way to "force" savings towards a down payment by including a portion of the monthly rental that goes towards that savings. You pay your rent every month and your Landlord deducts a pre-determined amount to hold in a special bank account, called an "escrow" account. Your Landlord holds that money until you have saved up enough---through this "forced-savings" method---to meet a down payment to purchase the home.

The terms of the purchase price, including the down payment amount, and the amount to be set aside from the rental for down payment, are all set down at the time of lease signing.

It's all about helping the renter/tenant save up enough money for a down payment to buy a home (in this case, the one you're renting). But this is a better deal for the Seller because he gets to lock in a purchase price and a buyer today for a future sale.

Saving money for a down payment? Well, heck, you can do that on your own.

If you are dedicated to the idea of buying your own home, you can create your own savings plan to save up enough money for a down payment. And when you have saved up enough for a down payment, if that takes a year or two or more, YOU get to decide on the price you're willing to pay for the house at that time based on current market conditions. You won't be locked in to a price that may be a lot higher than what the house is worth in the future.

With Rent To Own you'll be locked in both to the house and to the price, even if it takes you 3 years to save enough through the forced savings of the rent payments. What happens if three years from now your life situation has changed? Maybe you need a bigger/smaller home. Maybe your employment has relocated. Maybe your credit or income is insufficient to qualify for a mortgage loan.

Find a way to save up on your own; not with Rent To Own.

Sit down with a local Mortgage Banker and get yourself prequalified, too. You may find you're better qualified than you think you are, and, if you're not, at least you'll know how much loan your income and credit qualify you for, and how much you have to save towards down payment and closing costs.

Trevor Curran
NMLS #40140

*If you thought my answer was helpful, please give me a “Thumbs Up” or “Best Answer.” Thanks!
... more
2 votes 3 answers Share Flag
Tue Jun 25, 2013
James Tiernan & The Tiernan Group answered:
Marina,
How did things go with your search? Did you find something great? I am local and can help you if you need some. Just click in the link to the left and we can get started.
0 votes 2 answers Share Flag
Mon Jun 3, 2013
John Walin answered:
linda
What came of your interest in heatherstone?
0 votes 4 answers Share Flag
Sat Oct 6, 2012
John Steele answered:
I have many clients who are feeling the same frustration that you are. The general public is not aware of this but there is actually a shortage of houses on the market right now and well priced homes sell quickly with multiple offers being considered, especially if they are foreclosures. Half of the foreclosures end up selling at or ABOVE the asking price. The key to obtaining a well priced property is to act quickly and let the FAIR MARKET VALUE of the property as determined by your broker guide you to the proper offering price, not the often arbitrary asking price. Offers written on properties, even if they are under contract, must be presented to the seller until closing. While every situation is different, having a back-up offer on a property you are interested in may not be a bad idea. I agree that you should work closely with your broker and attorney if you are considering making simultaneous offers on multiple properties. ... more
0 votes 2 answers Share Flag
Tue Jul 17, 2012
Ekemon631 answered:
You have many options to buy and selling houses . Here i can help you by provide a (http://rentalhomematch.com/HomesForRentByOwner.cfm) useful link . Visit this site may be you will be happier. ... more
0 votes 10 answers Share Flag
Mon Apr 23, 2012
John Walin answered:
Beach Park has a rural character, cannot comment as to safety, you can google felony crime reports and do you own research, we as agents cannot steer you toward or away from any area. Is Wilmette safe? Old women leaving the shopping carts in the lot instead of walking them to the corral is pretty dangerous for shopping cart dings. ... more
0 votes 1 answer Share Flag
Wed Apr 18, 2012
The Michael Lescher Team answered:
There are great programs with grants & loans for first-time buyers. You can almost buy with no money out of pocket but I don't know any that will work without a 620 credit score. Talk to a good lender. Ask about IHDA funds and the Lake County Affordable Housing Program. If the lender you're talking to is unfamiliar with these programs, find them on-line and find a lender who deals with them. ... more
0 votes 2 answers Share Flag
Thu Mar 15, 2012
John Walin answered:
Until the house is foreclosed upon the bank wont pay for the taxes. It is still the obligation of the owner not the mortgage holder. Once owner is evicted the bank takes over back tax liability and will go after the former owner for the shortage amount, penalties and back taxes. ... more
0 votes 7 answers Share Flag
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