Home Buying in Chicago : Real Estate Advice

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Reginald Tru…, Other/Just Looking in Toledo, OH
Reginald Truss answered:
What lenders would one suggest in the chicagoland region? I am looking at financing a 2 flat apt building with either fha and possibly even
Send me more info, maybe we can help.

Reggie Truss
World Business Lender

telconerd@hotmail.com
0 votes Share Flag Yesterday at 4:49pm Home Buying in 60659
Yolanda1812, Home Buyer in New York, NY
Yolanda1812 answered:
Who is the new owner of Lakeshore Tower in 5600 N. Sheridan Rd, 60660
Why don't you just look up the tax record online or through the tax office?
0 votes Share Flag Wed Sep 21, 2016 Home Buying in 60660
Accurate Ins…, Real Estate Pro in Chicago, IL
Accurate Inspections & Consulting answered:
I'm trying to buy a house but the house has violations wath can I do, buy it or not?
You can buy anything you want. Violations do not stop a sale. However, you'll need to correct all violations with licensed contractors, proper City permits and approved applicable plans ... more
0 votes Share Flag Wed Sep 21, 2016 Home Buying in Chicago
John Meyers, Real Estate Pro in Park Ridge, IL
John Meyers answered:
how can I get a list of condos for sale that are FHA loan eligible.?
FHA restrictions have recently eased and they now approving more condos for FHA financing.

The easiest way is to find a realtor who works with a mortgage broker who is familiar with ... more
0 votes Share Flag Wed Sep 21, 2016 Home Buying in 60656
John Meyers, Real Estate Pro in Park Ridge, IL
John Meyers answered:
I'm a first time home buyer after 16 years of living in apartments...it's time for a new change in my life with my family... What do we?
Hello Margaret,

There are now some great FHA programs for 1st time homebuyers which require only 3.5% Down.

This program is designed to help renters who are cash-strapped and wou ... more
0 votes Share Flag Wed Sep 21, 2016 Home Buying in 60804
John Meyers, Real Estate Pro in Park Ridge, IL
John Meyers answered:
What is a closing cost credit? My lender mentioned that there is a $3,000 closing cost credit.
That is great! -- That you means that you get $3,000 back at closing.

Rather than a suitcase full of cash though, you get it in the form of a deduction of what you owe (or increase ... more
0 votes Share Flag Wed Sep 21, 2016 Home Buying in 60656
John Meyers, Real Estate Pro in Park Ridge, IL
John Meyers answered:
I own my own business. ..I am the president and it is an s-corp. Will that have an effect on securing a loan?
Running my real estate business through my S-Corp myself, I can personally say that it does.

I refinanced our home a couple years ago and we had to base most of the income stated of ... more
0 votes Share Flag Wed Sep 21, 2016 Home Buying in Chicago
Aline Durbin, Home Buyer in Chicago, IL
Aline Durbin asked:
REVERSE MORTAGE: I need to take a Reverse Mortgage. I don't know who to trust. What company is the best in their rates? I have never been late with my Mortgage payments in 17 years (I have lived in…
0 votes Share Flag Thu Sep 8, 2016 Home Buying in Chicago
Alysse Musgr…, Real Estate Pro in Coppell, TX
Alysse Musgrave answered:
Can anyone recommend a realtor or agent familiar with NACA in Chicago?
The NACA website should have a list of agents in your area.


Don't Let Them Make a Monkey Out of You! Follow the links below.


Alysse Musgrave
Consumer Advocate
Exclusive Buye ... more
0 votes Share Flag Tue Sep 6, 2016 Home Buying in Chicago
Sally Grenier, Real Estate Pro in Boulder, CO
Sally Grenier answered:
I am talking to two lenders on a FHA loan and both are quoting me different rates on FHA loans. i thought it was more transparent than that.
It's true that lenders really can't give you a guarantee on a rate until you have a property under contract and you "lock" that rate. Many lenders like to dangle low rates in front of ... more
1 vote Share Flag Wed Aug 31, 2016 Home Buying in 60659
Robert Spino…, Real Estate Pro in Mill Valley, CA
Robert Spinosa answered:
Hello, I am a non US citizen looking to buy a house/condo in chicago, Illinois? Is it possible and can I get a mortgage? What mortgage is available?
I just wanted to simplify a few points on this topic, but before I do, I am licensed as a mortgage loan originator only in the state of California. It is possible for those in all four ... more
0 votes Share Flag Sat Aug 27, 2016 Home Buying in Chicago
John Meyers, Real Estate Pro in Park Ridge, IL
John Meyers answered:
Looking for a condo in Chicago but don't know where to start
Hello Mikaela. There are IL loan FHA programs that only require 3.5% Down and more condos are qualifying for this program which is great for you.

The first step is to get pre-approv ... more
0 votes Share Flag Tue Aug 16, 2016 Home Buying in Chicago
Roxcarlin, Home Buyer in New York, NY
Roxcarlin asked:
Private money lenders Hello, I was wondering if anybody knows of any private money lenders in the Chicagoland area? I have a somewhat unique situation that will require an all cash deal in Chicagos East Avondale…
0 votes Share Flag Fri Aug 12, 2016 Home Buying in Chicago
Vaginalatrice, Home Buyer in Chicago, IL
Vaginalatrice asked:
1524 1536 west marquette rd still up for sale 1524 west marqette rd i would like to purchase
0 votes Share Flag Wed Aug 10, 2016 Home Buying in Englewood
Tomschlechte, Home Buyer in Newburgh, NY
Tomschlechte asked:
address of my house
0 votes Share Flag Tue Aug 9, 2016 Home Buying in Chicago
Dustin102783, Home Buyer in Chicago, IL
Dustin102783 asked:
Trying to refinance to get X off mortgage but have been stay at home parent for the last 2 years. We owe 167 on the house and I would have to refinance for 208 to buy her out. The house is worth around 250 as is, it is a fixer upper. I have found someone to invest in the house with me…
0 votes Share Flag Mon Aug 8, 2016 Home Buying in 60618
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