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Home Buying in Chicago Lawn : Real Estate Advice

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  • Local Info5
  • Home Buying10
  • Home Selling1
  • Market Conditions3

Activity 10
Sun Jan 3, 2016
answered:
Good Afternoon Antwon
Are you planning to flip the property or want to rent out? So I can suggest the right lender name.
0 votes 1 answer Share Flag
Tue Jul 2, 2013
Bill J Deligiannis answered:
Go visit the area at different times of the day. Drive and walk the neighborhood and see how you feel.
0 votes 8 answers Share Flag
Sat Jun 1, 2013
Binezbyrnes answered:
Thank you everyone, the President of West Elsdon Civic Association was wondering. He posted on my West Elsdon Community, Chicago, IL ... Facebook page.

Thanks everyone for your replies. ... more
0 votes 6 answers Share Flag
Thu Mar 28, 2013
Chris Brown answered:
Sorry, as of 2/7/13, every block.com has gone out of business.
0 votes 6 answers Share Flag
Mon Mar 25, 2013
Chris Brown answered:
Although I agree one should avoid the "egotistical" attorney, there is probably much more harm done by unscrupulous home inspectors and real estate agents/brokers. Most home inspectors are not well trained, and agents have a tremendous financial incentive to close the deal. If a deal goes south, it is not an easy process for the escrow companies to return initial earnest money. A strong attorney goes a long way in getting money back. All three parties SHOULD be working in your best interest, but many times only the attorney has no vested interest in the deal one way or the other. There are too many shenagans in todays foreclosure market to name them all. Watch out for attorneys over protecting your interests. Keep all your advisors in the loop and make the best decisions for yourself. Re home inspectors, even though our parents didn't use one, they can save or cost you thousands. Choose all your team wisely. Chris Brown ... more
0 votes 14 answers Share Flag
Thu Mar 21, 2013
Ric Mills answered:
You can find out what homes are in foreclosure by finding out where they publish it in the paper as all foreclosures have to be published . A Title company will know what papers to look in. A Realtor can also help you immensley in saving time and energy and making sure you know what to do and help you with the process. They are the experts to go to. Hire your own, do not use the listing Realtor as they are already representing the seller to get the highest and best price. Hire someone to be your advicate. ... more
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Tue Mar 19, 2013
Dan Brassil answered:
It all depends on if the "older" home has historic qualities that "newer" homes do not. Older brick homes w/ stain glass windows and hardwood floors certainly attract more attention than vinyl siding and flooring. ... more
0 votes 26 answers Share Flag
Mon Mar 18, 2013
Joe Schiller answered:
Fri Jun 26, 2009
Ec answered:
Vee have you considered working with Neighborhood Housing Services of Chicago. They have been around since 1975 and specialize in working with first time buyers. They are HUD certified and have a lending division that does conventional loans with only 3% down and can include any rehab money if the property needs work or you want to remodel. Their rates are market rates and are not based on credit scores. They have offices all over the South Side and have on in Chicago Lawn/Gage Park at 2609 W. 63rd Street.
check out their website www.nhschicago.org for more info.
EC
... more
0 votes 10 answers Share Flag
Tue Jul 8, 2008
Wayne Beals answered:
James and Mark have pointed out the bottom line. It is entirely up to the seller to accept, decline or counteroffer. If your looking for something to back up your offer of $125k, have your agent research recent sales.

Submitting your offer with comparables to back it up is your strongest position. Even an unrealistic seller will pay close attention to the comparables as it limits the financing opportunities for their list price.

If you find that the comparables don't support your offer. Place in an offer and see if you can get a deal.

Good luck.
... more
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