Home Buying in Melrose Park : Real Estate Advice

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Alan May, Real Estate Pro in Evanston, IL
Alan May answered:
What are the chances we will get approved for second mortgage?
the purpose behind an appraisal is to confirm, for the lender, that the property is worth at least as much (if not more) than the purchase price, to cover their loan.

So, for example ... more
0 votes Share Flag Wed Oct 14, 2015 Home Buying in 60160
Edith Karoli…, Real Estate Pro in Winnetka, IL
Edith Karoline Jasser answered:
are there any property owners that accepts the section 8 vouchers for rental houses need single family ? Need 3 or 4 bedrooms. Please contact.
I would recommend to you to connect with a local Realtor who is familiar with the rental market of
single family homes in the area you need to be in, is it right that you are looking i ... more
0 votes Share Flag Sat Mar 23, 2013 Home Buying in Melrose Park
Edith Karoli…, Real Estate Pro in Winnetka, IL
Edith Karoline Jasser answered:
what does it mean transfer value. Is that the price of the home.?
No, there is the sale price of the home, there are closing costs, and depending on town and county there are transfer taxes, i.e. a certain amount based on the sale price to be paid to ... more
0 votes Share Flag Mon Mar 18, 2013 Home Buying in Melrose Park
Team Mork,  in Portland, OR
Team Mork answered:
I have been trying to get information about a house but never get a response from the agent! Why is this so?
Try Contacting another agent or if it is in the oregon area i would love to help you otherwise i wont be able to pull up to much information if it is not.
0 votes Share Flag Tue Dec 18, 2012 Home Buying in Melrose Park
Peter Kedzior, Real Estate Pro in Elk Grove Village, IL
Peter Kedzior answered:
Can a home be listed as both corporate owned and foreclosure?
I agree that buying a "corporate owned" property can be confusing. All what you normally would expect from a "regular" seller: full disclosure about potential problems, quick response t ... more
0 votes Share Flag Mon Jun 11, 2012 Home Buying in 60160
Gene Mundt, Real Estate Pro in New Lenox, IL
Gene Mundt answered:
So what are the steps that my wife and I need to take to get started in buying a home.?
Nutt: First of all, Congratulations to you and your wife on making this big decision! And for taking the time to ask questions ...
The more time you allow yourself prior to starting ... more
0 votes Share Flag Tue Jan 24, 2012 Home Buying in Melrose Park
Patty Romero, Real Estate Pro in Homer Glen, IL
Patty Romero answered:
why can't someone run our credit an tell us how much we may qualify for.?
You can go to a lender and they will gather your information and let you know where you stand with financing.
0 votes Share Flag Sat Jan 14, 2012 Home Buying in Melrose Park
Abu Musa, Real Estate Pro in New York, NY
Abu Musa answered:
Should I go through seller's agent or my own?
If you like to have the best price for your purchase third party is always work better.So if I were you I would hire an agent who is a skilled negotiator.If you hire an agent you do not ... more
0 votes Share Flag Fri Aug 26, 2011 Home Buying in 60164
Lyn Sims, Real Estate Pro in Schaumburg, IL
Lyn Sims answered:
What does it mean when a listing says no disclosures and or no surveys provided?
This sounds like a foreclosure or estate sale. In the state of IL the owner of the house provides the Sellers Disclosure. If there is no "owner", like a bank entitiy or an attorney wo ... more
4 votes Share Flag Wed May 14, 2008 Home Buying in 60160
Ida Mccarthy,  in 60148
Ida Mccarthy answered:
What does it mean when a listing says special addendums and riders neede at closing?
The property is probably bank owned. Which means it's a foreclosure and the bank sells it "as is". Sometimes the bank has thier own contacts and riders and you need to use them to pre ... more
0 votes Share Flag Sat Mar 15, 2008 Home Buying in 60164
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