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Hawthorn Woods : Real Estate Advice

  • All15
  • Local Info0
  • Home Buying7
  • Home Selling0
  • Market Conditions4

Activity 11
Fri Aug 8, 2014
Lou Zucaro answered:
Hi Lookingatcars,

I'm not sure what info you're looking at regarding 4 Sunset Ct., but that house actually sold last December for $380,000. It was a Short Sale, so the price would've been at least somewhat dictated by the previous owner's lender.

If you're still looking for a home in the Hawthorn Woods area, get in touch and I'd be happy to help you find your next home!

Lou Zucaro
Broker, Baird & Warner
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Tue Dec 17, 2013
Karen Feldman answered:
how did you issue get resolved? Hawthorn woods seems to be moving as far as I see. Sweet spot for sellers is coming up soon. Let me know if you require anything or would like to ask more questions.
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Fri Aug 23, 2013
John Walin answered:
Practically every bank owned REO was a short sale in the last two years. Unless the bank has approved the short at asking price, and the seller is compliant with all their lenders request for paperwork, it is not going anywhere. My suggestion is to stick to bank owned REO's already foreclosed upon or regular sales. IMHO, too often short sales are a waste of time, takes 6 months to get a response from the bank, seller faking a hardship or trying to live there for free until they get evicted. I dont know if that is the case with this particular home, but many times the seller can afford their current mortgage, bank sees that they can afford it, the owner is just mad that the house is worth less than they owe and the seller doesnt want to bring any money to the table.

If you like my answer, thumbs up and best answer me, thanks!
If you care to discuss, give me a call, text or email.

John Walin
Trulia PRO VIP
Coldwell Banker
847 276-0120
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Mon Jun 3, 2013
John Walin answered:
google the designers name in the MLS despription if you are trying to work around having a buyer agent represent you. The lots are selling for 240k and finished houses up to 850k. Cautionary note, none closed in the past 24 months, all have been on market year or more. Would you want to live in a CDS with no neighbors and be the first to buy in there? ... more
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Fri Apr 19, 2013
John Walin answered:
Geoff is correct, banks are releasing foreclosed homes strategically to realize the loss on sale over time, not all at once.
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Thu Apr 18, 2013
Coleen Grenier answered:
Hi abra1950 again,
I know the Hawthorn Woods market very well. Feel free to contact me about this question of yours as well. Lots too discuss. Lake County vs. Cook County, schools, parks, lot sizes,etc.
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Sun Apr 22, 2012
Maitre 2pitza answered:
I would love to hear a "bring down" on this story. What happened in the end?
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Fri Feb 4, 2011
John Walin answered:
Commuter vs. freight train makes a difference. It is like backing to a busy street or to high tension wires. This is an old post, but certainly a ballpark 10% adjustment makes sense if you can live with the noise. ... more
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Mon Dec 20, 2010
Christine Lee answered:
There is an area in Hawthorn Woods where homeowners had well issues. Due to this issue, water lines were put in for those properties. Some of the homeonwers paid the full amount for the new water service where as others opted to have it as part of the "water" bill. Therefore, those homes who opted to have the sewer as part of their water bills will pay over the next 10 years or so. I strongly suggest that if you are looking for a home in HW, make sure you receive FULL disclosure. You can also contact the Village of Hawthorn Woods and they will let you know if the home was part of the new sewer project. Good luck! ... more
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