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Home Buying in Jefferson Park : Real Estate Advice

  • All24
  • Local Info1
  • Home Buying12
  • Home Selling0
  • Market Conditions1

Activity 12
John Meyers, Real Estate Pro in Park Ridge, IL
Tue Oct 6, 2015
John Meyers answered:
Hello Onney, Newer construction comps in the Jefferson Park area are around $500k right now.

That being said, I would say that you are at risk.

If you would like help with finding a new home in the Jefferson Park or Park Ridge area, just give me a call at 847-533-7115 or email me at

Thanks, John
... more
0 votes 3 answers Share Flag
John Meyers, Real Estate Pro in Park Ridge, IL
Tue Oct 6, 2015
John Meyers answered:
If you mean that you are going to try selling on your own with the information that you acquired from the broker, I have a FUN FACT for you:

The owner of himself, tried to sell his NY apt through with no luck. -- He finally decided to use a licensed broker and not only sold it quickly but for MORE than he advertised it for on And THIS WAS THE OWNER OF FSBO.COM!

Just like when you look at buying a used car from a private owner, you don't expect to pay the asking price and you are looking to get a deal.

Real estate brokers not only make everything easy for you, especially during due diligence after a price & terms are agreed to, but we look out for your best interest and know what hurdles we'll be encountering. Lastly, personal emotions are removed from the process which in and of itself can be a deal killer for sellers who are selling on their own.

To learn more, just call me at 847-533-7115 or email me at Thanks, John
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0 votes 11 answers Share Flag
Mark Zatz, Real Estate Pro in Arlington Heights, IL
Tue Apr 14, 2015
Mark Zatz answered:
I was not sure if you ever saw this reply?
0 votes 6 answers Share Flag
Riccardo War…, Real Estate Pro in Bolingbrook, IL
Mon Jan 12, 2015
Riccardo Wardlow answered:
Other than cash, you would have to be 12 months out of a 13 or 24 months out of a 7.

Riccardo Wardlow
Sales Manager
NMLS 219402
Cross Country Mortgage
323 546 8066

Specializing in Illinois and California

*We do Conventional loans down to a 620 score
*We do FHA loans down to a 580 score
*We do USDA loans down to a 620 score (no money down)
*We do $100 down payment FHA program
*Unlimited Loan To Value refinances on Fannie/Freddie refinances (only on loans originated before May 31st 2009
*We do VA loans down to a 600 score
*We give free counseling on what needs to be done to improve your credit score.
*We do 203k loans down to a 640 score
*We do reverse mortgages
*We do JUMBO loans to 12 million
*Investment properties
*Closing loans in 3 - 3.5 weeks
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0 votes 8 answers Share Flag
Riccardo War…, Real Estate Pro in Bolingbrook, IL
Fri Dec 21, 2012
Riccardo Wardlow answered:

Give us a buzz when you need to get pre qualified.
Or you an always apply online and get pre approved the same day
0 votes 5 answers Share Flag
Joe Schiller, Real Estate Pro in Chicago, IL
Mon Jul 23, 2012
Joe Schiller answered:
Erik Sachs, Real Estate Pro in Chicago, IL
Sun Jul 22, 2012
Erik Sachs answered:
In which county is the property located? If it is Cook County you should hire a tax attorney that specializes in this type of work. I can pass along a name and number of one I have worked with in the past. Most will handle the appeal for around 33% of the savings they can get you. Let me know if you would like to pull comparable sales, I can handle this for you at no cost. The comparable sales will give you an idea of your property value and the potential dollars you may be able to save on a tax appeal.

Let me know.

Erik Sachs
RpV Realty
Cell 773/368-5515
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1 vote 6 answers Share Flag
Nicholas S N…,  in Rockford, IL
Fri Feb 24, 2012
Nicholas S Nelson answered:

With a 515 score, my advice to you would be to work on raising your credit score to put you in a better position to purchase a home at a good interest rate. Be careful working with lenders that say they can approve individuals with 500 credit scores. They most likely have overlays (additional conditions that are needed to approve the loan.). These overlays could include but not limited to no late payments within the last 12 months, larger downpayments, larger amount of money in reserves, low debt to income ratio..... If you want to get advice on how to better raise your credit score as quickly as possible, get with a mortgage lender and have them review your credit report with you. They should be able to give you some direction on what needs to be done.

Good Luck and if you have any qeustions on the process please contact me at the below phone/email.


Nick Nelson
NMLS #384413
1st Step Mortgage Group
6876 Spring Creek Rd. Suite 124
Rockford, IL. 61114
Phone: 815-289-0880
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0 votes 9 answers Share Flag
Mike Yun, Real Estate Pro in Chicago, IL
Tue Aug 31, 2010
Mike Yun answered:

I suggest you interview a few agents and go with an agent that can provide the best service and you feel most comfortable with.

Best wishes,

Mike Yun, Broker
Jameson real Estate
(414) 526-8998
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0 votes 5 answers Share Flag
Mack McCoy, Real Estate Pro in Seattle, WA
Fri Mar 5, 2010
Mack McCoy answered:
The breach of etiquette is for the mortgage broker to pass your contact information on to anyone without your permission.

Real estate is a referral-based business, and typically, mortgage brokers and real estate agents refer business to each other on a good-will basis rather than on a pay-per-referral basis, but still – is it so hard for a mortgage broker to say, Voices Member, may I recommend a real estate agent who I believe will do a good job for you? ... more
0 votes 20 answers Share Flag
Jeffrey Kropp, Real Estate Pro in Chicago, IL
Thu Feb 28, 2008
Jeffrey Kropp answered:
Filling out a bunch of loan applications is overkill (especially if there is an application fee which I would never pay). The reason is most of the time you will use a Fannie Mae conforming loan, and there is one system that issues approvals that all banks use (called Loan Prospector or Desktop Underwriter). So each time you apply your info is being sent to the same system. One approval should be enough (ask whether it is Fannie or Freddie) then you can shop around for the best rate AFTER you have a real estate contract (since rates change two or three times a day you need to shop in real time). ... more
1 vote 7 answers Share Flag
E, Other/Just Looking in Chicago, IL
Thu Feb 14, 2008
E answered:
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