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Fox River Grove : Real Estate Advice

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  • Home Buying3
  • Home Selling0
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Activity 6
Mon Nov 10, 2014
Bob Brandt answered:
It is one of my favorite little towns around here, with good home values. Moving is generally safer if you have someone else lift the heavy stuff and do not walk on ice. Always wear goggles and hearing protection when doing anything hazardous. Check your smoke alarms etc.....
For crime details, you could call the police dept or check some of the websites that discuss the history.
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Sat Mar 23, 2013
Bob Brandt answered:
That is a tremendous home in a nice area in quaint little town of Fox River Grove. The tax bill reflects the young age, the big size and the higher value from the past. It seems like a tax bill on a 400-500k home. Sometimes that is a clue to what an attractive list price it is. Many foreclosures are a dramatic example of that. Great deals, but super high tax bills reflecting what the value probably really is.
Let me know if you want me locate one that works best for you or to show you this or others. I grew up near there and most of my family lives around here now.

Bob
847-274-3193
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Sun Aug 5, 2012
Randy Schulenburg answered:
Bevans,

The rental market remains strong throughout most of McHenry County. River rights in Fox River Grove will certainly cause your home to stand out as a rental among others.

If you need more specific advice from someone who has owned several rental properties and actively managed them then call or text me at 224-805-2616.

Randy Schulenburg
Mortgage 1st Realty, Inc.
224-805-2616

www.ActiveRain.com/mmortgage
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Thu Feb 16, 2012
Laura Karambelas answered:
Hello-

If you give an address or a link to the property we may be able to help you. You can also contact the McHenry County Assessor's office for help. A Senior Exemption provides for a small discount on your real estate taxes. However, some qualify for a Senior Freeze depending on income.

I hope that helps!
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Thu Jul 21, 2011
Mack McCoy answered:
I'm sure you mean, what are your recourses, and, as explained below, probably none.

There's a point at which the buyer and seller no longer have a relationship - the seller has the money, the buyer has the deed, and they go their separate ways. That time is "closing day," unless agreed otherwise, and it's at that time when the buyer has to give up looking for someone to blame, and just get the problem fixed.

All the best,
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Sun Mar 13, 2011
John Walin answered:
IMHO, unless a short sale is preapproved at asking price by the bank, rarely they are, stick with REO foreclosures. 10 days? Do you know who that negotiator is negotiating with? The seller through the seller attorney and the seller attorney is trying to get zero defficiency judgement for the seller. Bank says no, this goes on fr a while and the attorney for the seller threatens bankruptcy if the bank presses for seller contribution. Don't be surprised if the bank counter offers way higher than contract price and you need to increase the purchase price to contribute to the loss on sale. Then the house has to appraise out for purchase price and if the bank jacks up the price to cover deficiency, your lender appraisal will come in to cover purchase price.
I am SFR, short sale foreclosure resource designated and I steer my buyers toward bank owned REO's. Only 20% of short sales close and it isnt because agents are inexperienced with the process, it's because the seller lacks a hardship, doesn't want to bring money to close, the seller attorney is working the deal to get the seller off scott free.
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