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Loop : Real Estate Advice

  • All51
  • Local Info8
  • Home Buying19
  • Home Selling2
  • Market Conditions4

Activity 37
Tue Jul 26, 2016
Rvchau05 asked:
Looking for affordable (private 1600 or less) temp housing for 1 person for ~2-3 months while I look for property to buy. Currently in process to relocate from out of state. It would be…
0 votes 0 Answers Share Flag
Tue Jul 5, 2016
who knew answered:
i love the answers below ... all is rosy. Guess who is using this board to solicit clients and not answer questions ... lol.

it all depends on the country of origin, and if you have a social security number, and/or any other way of demonstrating credit history/credit rating in the US. Also if you have a green card that should help if not make it simple. Canadians have the easiest time, as there is some cross-reporting. Not so much for other foreign nationals.

That covers the rental buildings. Condos are different, as they are owned by individuals, and individuals can do what they what. The rule of thumb that I use with foreign clients looking to lease a condo is be prepared to do at least one of the following: (1) supply a letter of credit from a commercial bank (2) pay a large deposit, say 3 to 6 months rent or (3) pay for a year's rent in full (a deposit may still be required).

i would suggest something completely different: Have your company lease an apartment from a major corporate housing provider on a long term basis. The larger firms (not Betsy or the other local entrepreneurs) understand such things. In fact Berkshire may have an office dedicated to such activities, now that they are in the RE market.

Good luck.
... more
0 votes 6 answers Share Flag
Mon May 9, 2016
Anne Mall answered:
I am Anne Mall and have 4 excellent options depending on your move date and budget. Email me at bettercallmall@gmail.com with criteria and I will send pics, pricing, details, and floor plans and can tour for you or set up showings. I am a licensed managing broker (a Realtor for years plus more schooling and certificates) and I and my company provide leasing and locater services for clients in Chicago everyday and know best options and deals around for your needs. :)

No fee to renters in Chicago for broker services but help immensely.

Look forward to hearing from you.

Thanks!
... more
0 votes 3 answers Share Flag
Thu Jan 15, 2015
Runa Charlie answered:
Hi my name is Charlie, we can help you with that, call our company Pitts Enterprises Inc. Here's the phone number 708-557-9667
0 votes 19 answers Share Flag
Wed Jan 14, 2015
Mike Opyd answered:
Nothing available in this building right now. Small building so not likely to have many resale opportunities. Plus prices were much higher than this range. Wellover a million.
0 votes 13 answers Share Flag
Wed Jan 14, 2015
Mike Opyd answered:
Not a good building to buy into, flooded a few years ago, special assessments, large amount of rentals in the building. A poor investment if you buy there.
0 votes 23 answers Share Flag
Wed Jan 14, 2015
Mike Opyd answered:
West Town. Great area over all. Lots around there and very close to a lot as well.
0 votes 12 answers Share Flag
Wed Jan 14, 2015
Mike Opyd answered:
Its more preferred but there are a lot of loft style condos without windows in Chicago that just have an opening on the top of the wall to let in the natural light. The value will be what the comparables look like. ... more
0 votes 7 answers Share Flag
Fri Jan 9, 2015
Mark Zatz answered:
I would suggest those portable pads or unfortunately have to bear the cold and cross that street.
Best of luck
0 votes 6 answers Share Flag
Fri Jan 9, 2015
Josh Barnett answered:
What have you ended up doing with this information over the last 2 years?
0 votes 12 answers Share Flag
Fri Jan 9, 2015
Mark Zatz answered:
There are many reliable and safe parking garages in that area. It would be best to stop by there and talk to the management to get specifics.
Best of luck.
0 votes 7 answers Share Flag
Fri Jan 9, 2015
Mark Zatz answered:
Can you please be more specific with the area (city & State) and the other terms of the loan you may be looking into?
The question is just to open ended to give a guesstimate.

thank you. ... more
0 votes 7 answers Share Flag
Fri Jan 9, 2015
Mark Zatz answered:
Sounds to me like a decent deal within the range of current market conditions.
0 votes 2 answers Share Flag
Thu Jan 8, 2015
Mark Zatz answered:
In which area and price range? I would be happy to help but need to know what your requirements are.
I can be reached by cell phone, text or email..
0 votes 3 answers Share Flag
Thu Jan 8, 2015
Mark Zatz answered:
I think the outlook for that area and Chicagoland in general is positive. The affordability of the area and the amenities the city has to offer are great reasons this area will be an attractive place to live for many years to come. ... more
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Thu Jan 8, 2015
Mark Zatz answered:
I think that is a great location. There are many great locations in and around there.
0 votes 7 answers Share Flag
Thu Jan 8, 2015
Mark Zatz answered:
If you are in the market still, there are many great places to call home. Most landlords have credit and income qualifications. You may be able to offer a larger security deposit to offset your credit situation.
best of luck.
... more
0 votes 14 answers Share Flag
Thu Jan 8, 2015
Mark Zatz answered:
Yes it does. You can make contact with them if you require specific information.
0 votes 10 answers Share Flag
Thu Jan 8, 2015
Mark Zatz answered:
That should not be a problem. Most landlords have credit and income minimum qualifications. It would be best to find two or three that mayy work for you and talk to the landlord about your situation.
Best of luck.
... more
0 votes 13 answers Share Flag
Tue Oct 7, 2014
Todd Shissler answered:
You should always talk with a realtor and verify what you see in Trulia or Zillow. The MLS should be the only trusted source for information.
0 votes 2 answers Share Flag
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