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Home Buying in Buffalo Grove : Real Estate Advice

  • All69
  • Local Info5
  • Home Buying22
  • Home Selling0
  • Market Conditions7

Activity 42
Thu Oct 6, 2016
Sally Grenier answered:
Yes! You'll need to sit down with a good local lender who can review all of your financial info to see what you'll need to do in order to qualify. As your Realtor for a referral. You may have to pay down, or pay off some of your debts. ... more
0 votes 1 answer Share Flag
Mon Aug 24, 2015
Christina Feeney answered:
The only home currently for sale, that is listed, is 660 checker drive. And that home is currently under contract. If you are looking for a home in the Buffalo Grove area, please contact me.
Thank you!
... more
0 votes 1 answer Share Flag
Tue Aug 18, 2015
Just another guy asked:
Has been in the market for a while. Is there a reason its not selling?
0 votes 0 Answers Share Flag
Sat Mar 21, 2015
Anna M Brocco answered:
If the property was listed with a broker ask the agent to remove information, or contact customer service directly
0 votes 1 answer Share Flag
Fri Aug 22, 2014
Jenny Marcott answered:
Hi Jana,

I think it is a good sign that the property is being shown, your agent should be getting feed-back from the agents who have shown your home, what is the feedback from the showings? I would ask that you and your agent check to see how your home compares to the competition, are any of those under contract?

I think that making a few adjustments based on the feedback will result in selling your home. Best of luck!

... more
0 votes 9 answers Share Flag
Fri Aug 22, 2014
Dorene Slavitz answered:
You are free to "look at Open Houses" in most areas, however, some will not allow an unaccompanied buyer into their homes and there is a good reason for that.

The Buyer Agent who works with you will know quite a bit about you, and that knowledge eases the concern about " who exactly is coming into our home". You can understand if you think about how you would feel, if unqualified people were coming though your place all day long. It's a safety issue for many homeowners. ... more
0 votes 18 answers Share Flag
Fri Aug 22, 2014
Dorene Slavitz answered:
It might not actually "lower the price" but it will discourage the potential buyers who come to see the property. It's the first thing they notice when they drive up, and if the front looks unkempt, the buyers, will assume everything is in disorder in the home
. If the front looks very bad,(cars up on cement blocks) they might just say, "forget it" and go to the next home.
Why take the risk? It's not difficult to plant some flowers and get the lawn in shape.
... more
0 votes 33 answers Share Flag
Thu Mar 20, 2014
Tejash Lodhavia answered:
Hello Jignesh,

I have run your criteria and send you current listings at your personal e-mail.


Tejash Lodhavia

ARLO Realty, LLC
0 votes 3 answers Share Flag
Thu Mar 20, 2014
Suzanne Hamilton answered:
Grading schools is very personal and specific to your child's needs and your experiences.

You can go on the Illinois dept of education website and look at school report cards, but I find these sites are much better and easier to use with the same information.
... more
0 votes 2 answers Share Flag
Mon Feb 24, 2014
George Raymondo answered:
Several wrong answers below, but a couple are pretty close.

Shortest waiting period after a short sale with mortgage lates at the time of closing:

1.) 1 year USDA RDL Program (see link below for further information and comments below blog).
2.) 1 year FHA under the Back to Work Program even with a short sale on a FHA, VA or USDA loan with CAIVRS Waiver.
3.) 2 years VA loan (as soon as 1 year with extenuating circumstances i.e. death or serious illness).
4.) 2 years Fannie Mae with 20% down.
5.) 3 years Standard FHA 203b (you're considered a first time buyer again, no restrictions).
6.) 4 years Conventional 10% down
7.) and on and on....
... more
0 votes 10 answers Share Flag
Tue Dec 24, 2013
Karen Feldman answered:
how did you question get resolved? Do you still require any help?
Karen Feldman
0 votes 7 answers Share Flag
Thu Oct 3, 2013
Cathy Pierce answered:
I would certainly consider speaking to a lawyer about your situation. You could also try starting with one of those lenders you spoke with. If any of them had a good connection with you and you would feel comfortable with them, let them know the situation and see what ideas they have to resolve the situation. Then go from there.

Catherine Pierce
A House-SOLD Name!
Bob Vieira Realty, LLC
... more
0 votes 8 answers Share Flag
Wed Sep 4, 2013
Tony Grech answered:
Hi Jon
It depends on the lender. Homepath has their base guidelines, but as with any program, the lender who will be funding your loan has free rein over putting overlays in place to protect their interests.

Renovation loans in general do take a lot more effort to close. They take a longer time to close, and a lot of them don't wind up actually closing. While several lenders offer them, few are truly good at getting them closed. Your Realtor has probably had nothing but bad experiences.

This is not to discourage you from pursuing this type of loan/property. Just be aware that it is not as easy as the website suggests and you will have to practive some patience.

If you do still want to pursue things, make sure you find an experienced homepath lender as opposed to going the normal route of shopping for the lender who is going to give you the best rate. That is a sure way to trouble, and it doesnt matter if someone is offering you a 1/2% better in rate if they can't deliver a smooth closing for you.

Best of luck!
... more
0 votes 1 answer Share Flag
Sun Apr 7, 2013
Scott Godzyk answered:
I lived a block from a track growing up and could still feel the rumble of the train and hear the whistle. You may get a big savings for picking that lot but when it is time to sell, the person buying will also want a discount because of the train. The key is if the house suits your needs and the lot is the best for you. ... more
0 votes 6 answers Share Flag
Sat Feb 9, 2013
John Walin answered:
How did this work out for you?????
0 votes 7 answers Share Flag
Sat Feb 9, 2013
John Walin answered:
There is an inventory shortage, and that stabilizes pricing and the activve buyer pool is taking advantage of low rates after putting their lives on hold for six years.
0 votes 9 answers Share Flag
Sat Jan 19, 2013
John Walin answered:
old question how did this resolve itself?
0 votes 10 answers Share Flag
Mon Sep 10, 2012
Andrew Malak answered:
yes and No. If someone has enough maney to buy a 3500 sg home they have anought money to rebuild the front porch. However, there are buyers that will walk away just because for that $ they expect it to be "perfect". ... more
0 votes 9 answers Share Flag
Mon Sep 10, 2012
Andrew Malak answered:
What other subdivisions are we comparing them to? It is a nice subdivision.
Prices are right for that part of Buffalo Grove.
0 votes 6 answers Share Flag
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