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Deerfield : Real Estate Advice

  • All31
  • Local Info3
  • Home Buying13
  • Home Selling1
  • Market Conditions0

Activity 17
Wed Sep 7, 2016
Scottgolant answered:
Look at the house at 845 Central Ave, which is close to town and a 3 bedroom with a large yard, so you get more than a townhouse or condo.
0 votes 2 answers Share Flag
Wed Jul 27, 2016
1720clavinia answered:
I have a four bedroom house within the Deerfield HS attendance zone. Please see my listing for 1720 Clavinia Ave. Open House on Saturday 1-3PM and Sundy 12-2PM. Call or e-mail me.

m: 847-721-5459
... more
0 votes 6 answers Share Flag
Wed Jun 1, 2016
Femtoman9 answered:
If a home has a dryvit (EIFS) exterior, it has rotted walls....period.
0 votes 12 answers Share Flag
Sun Dec 6, 2015
Bob Brandt answered:
Are you sure it is a condo ownership?
Doublecheck with your Realtor that it is not FEE Simple.

Then try Dominic at 847-977-8111 for the loan.
0 votes 1 answer Share Flag
Thu Jul 30, 2015
Regina Cartright answered:
Be specific about school district. I can do this type of search on MLS not sure if you can specify in Trulia. Please feel free to contact me and I will set up the search and email you all listings. ... more
0 votes 1 answer Share Flag
Thu Oct 30, 2014
Judi Monday, CRS answered:
In order to list your home on this site it must be listed by a licensed real estate agent. If you are a licensed agent then give Trulia customer service a call and they'll be happy to guide you through the process. ... more
0 votes 3 answers Share Flag
Thu Jun 19, 2014
Anthony Godinez answered:
Hi Liz. The earnest money is something you and your agent should come up with. There is no set number to put down. While the earnest money does go toward your down payment it does not have to be the full amount of your down payment. It really shows the seller how interested you are in purchasing the home. Now to protect yourself you should know that if things turn ugly with the transaction earnest money can be lost or be held up in mediation for a while before you get it back. ... more
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Sat Jan 19, 2013
John Walin answered:
Maybe i'm missing something here, but what does deerfield bakery have to do with the property link in the question? Surprised no one clicked the link above.
0 votes 4 answers Share Flag
Sat Jan 19, 2013
John Walin answered:
250k house in deerfield must be pretty tore up and needing a lot of work. like Kathy said, the 203k model could work but check with your preferred lender. Also realize that in 60015 that market is swarming with investor class buyers aquiring rental properties. You will lose out against an all cash buyer with a 203k. Best to consider Fannie Mae Freddie REO's that expect a buyer to need to improve to make it habitable and buyers get a "first look" preference for first 15 days of listing period.
best of luck!
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Sat Jan 19, 2013
John Walin answered:
Sat Jan 19, 2013
John Walin answered:
Tue Jan 15, 2013
John Walin answered:
Wed Jan 11, 2012
Susie Raffel and Israel Friedman answered:
The propery next door will have a serious impact. Not only will it cause some potential buyers to rule out your home before they've even had a chance to consider it, it will also impact the price a buyer is willing to pay. We have seen in the past the effect a neighboring home that has not been maintained can have on the perception of potential buyers as to what life will be like with their neighbors. We would urge you to contant the municipalities where the property is located to see if there is not something that can be done to remedy the situation before getting ready to put your home on the market. ... more
0 votes 4 answers Share Flag
Wed Feb 17, 2010
Robin Wilson answered:
This question gets asked all the time. Buyers think there's some "formula" for how much to offer or not offer on a house? In general terms, not in this specific case - There is no formula. If the house is Underpriced, there may be multiple offers, over & above the asking price. And if so, be ready to lose if you think you can pay "X percent" of the listing price and win the property if this in the case. Someone who knows the market, and knows a property is underpriced, will overbid and win the case. This Just happened in my area, where a 1/2 acre lot with an older home on it sold for about 50-75K under value. There were 12 buyers lined up to purchase it. It went for the asking price and closed in 3 days.

If the property is Overpriced, then all you need to know is what is the trigger point or fair market value for the property, and this will best be culled by a seasoned full time agent working the market that you're looking in.
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0 votes 10 answers Share Flag
Sat Feb 6, 2010
Lenny Frolov answered:
I agree with Eric, they can do what they want unfortunately.
0 votes 6 answers Share Flag
Thu Jul 23, 2009
Eric Egeland answered:
Ideally you will always use comps from the same subdivision, same village, etc. When you get into some areas that have more limited comps, you need to use the best comparables which may be from another village/zipcode. The comps that you are most likely seeing will be Riverwoods which shares Deerfield's zip 60015 & can be very similar to Lincolnshire.

Like Kathy said, you really need to get an agent to represent you on the buyside. Just because you went into an Open House does not mean that you have to use the Listing agent as a Dual do a dual agency, there are numerous disclosures that both buyer & seller have to sign so everyone is very clear that the agent is representing both the buyer & seller.
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0 votes 3 answers Share Flag
Tue Feb 5, 2008
Michele Wilson answered:
If the home is in a marginal location, It shouls sell accordingly. While it might seem to be a good deal compared to other homes on the market in better locations, It will be discounted again when you eventually sell. ... more
0 votes 13 answers Share Flag
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