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Chicago Ridge : Real Estate Advice

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  • Local Info2
  • Home Buying3
  • Home Selling0
  • Market Conditions1

Activity 8
Sun Jan 29, 2017
Jose Arturo Garcia asked:
Sat Feb 21, 2015
Jenna Christensen answered:
Find the best realtor in ur area and let them sort out for which properties to look at. And get ur financing in ace if u haven't yet done so. That's step ONE!
0 votes 2 answers Share Flag
Thu Jan 31, 2013
Debra (Debbie) Rose answered:
Glad to have been of help Clairesmom - thanks for the "best answer"!

Good luck to you!

Just to further clarify for anyone reading this thread who might be confused by the first response - a "right of first refusal", in which the tenant is offered the house before it is marketed or sold to others is an entirely separate and different option from a true "lease with the option to buy". ... more
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Thu Jan 24, 2013
Suzanne Hamilton answered:
A believe you mean a contract for deed is where the seller is financing you instead of going to a lender. Typically, the seller will charge you more interest than a regular lender, and at the lower lender rates now, probably a lot more - maybe even double. Plus, you don't get to negotiate sales price, usually.

To minimize risk, you need to check with an attorney to ensure that the agreement is drawn up with the house in trust or something to ensure your payments go toward ownership, who pays the taxes, etc.

And there are risks involved with partnerships, and this is one.

On the upside, you can get into a house and get payments to go toward something.
... more
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Tue May 29, 2012
Suzanne Hamilton answered:
Credit isn't everything, but rental is competitive and credit is the only indication of past payments, etc.

I counsel my rental clients to combat a credit problem by demonstrating to the landlord that they will pay and will take care of the home, generally, good tenants. There are a few methods to doing this.

I would be happy to discuss with you and advise you on how to get a landlord to pick you.
Please feel free to call me at 888-788-9544.

Suzanne Hamilton
RE Marketing Consultants
Managing Broker/Owner
... more
1 vote 1 answer Share Flag
Tue Sep 13, 2011
Cecelia Marlow answered:
Hi Maytagken,
There are programs available to buyers down to a 620 credit score, however, we also offer a program that does an analysis of your credit report to see if there are any ways to strenghten your score, ensuring that you qualify for the best rates as well. If you'd like more information, feel free to give me a call.

Cecelia Marlow
Chicago Bancorp
Mortgage Banker
... more
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Tue Aug 2, 2011
Ranj Mohip answered:
You can pay a lot of money and have an attorney like myself take care of this, or you can follow Suzanne's advice below and get most of the legwork done ahead of time. The most important thing is to make sure that your survey shows the encroachment that you're complaining about. If not, you'll most likely need a second survey.

Attorney Ranj Mohip is a Chicago real estate attorney. The information in this answer is general information and is not intended as legal advice. Further, answering this question or otherwise contributing as a member of does not create an attorney-client relationship. Remember--consult the best real estate attorney in Chicago or in your respective area. Contact us at for more information.
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1 vote 7 answers Share Flag
Fri Feb 5, 2010
Estrella2857 asked:
like almost 28,000 more! Is it normal for them to say approval but mean counter offer? This whole thing is very confusing.
0 votes 0 Answers Share Flag
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