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Morton Grove : Real Estate Advice

  • All25
  • Local Info2
  • Home Buying7
  • Home Selling2
  • Market Conditions1

Activity 22
Mon Jun 6, 2016
Sally Grenier answered:
There might be. You need to contact a local lender who can sit down with you, review all of your financial info and review loan/downpayment options.
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Tue May 3, 2016
Christine Benesa asked:

Your website wrongfully has our home as in foreclosure and that is not the case. Please correct! We have saved our home, and interested parties should not contact a foreclosure…
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Mon Apr 11, 2016
Najeeb.d.syed asked:
Sun Feb 8, 2015
Noah Seidenberg answered:
I would check the PIN on the Cook County Tax assessors site. You can find out the property tax accurately.
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Wed Dec 11, 2013
Carlos Martinez (Charlie) answered:
Pricing a home is an art not a science. I can honestly tell you that anyone who tries to price a residential property, without even looking at it, is doing you a massive disservice. How can someone give you an honest assessment without first seeing what you have done to the place. You might be able to get a general idea of prices through sources such as Trulia, however, the interior of a property does matter. Otherwise, there wouldn't be tradesmen dedicated to buying, fixing and reselling. That is why it's best to contact a professional to get their opinion on the current value and/or ways to improve that value; if the case may be.

Also, It is not always necessary to interview a bunch of agents to pick one. This can be time consuming and at the end you may not like what he/she has done to market your property anyway. First, consider the company your Realtor is associated with to as it says a lot about the individual. Second, experience and a solid marketing plan are essential. Finally, find someone you feel comfortable with. It is very important that you do not feel intimidated, for instance, when requesting an open house or that your home not be shown at certain hours when your kids are asleep.

Remember you are going to be working with this individual for months not days or weeks. Though every situation is different, sometimes you need to have control over what is happening and you'll be needing a team player with coaching capabilities who can adopt. Not necessarily someone who can outmaneuver you. A good Realtor will not only have the skills to do it all, but will clearly know when to pass, play or coach.
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Tue Dec 10, 2013
Carlos Martinez (Charlie) answered:
Value is in the eye of the beholder and not every home Buyer perceives it the same way. Part of the challenges we face as Realtors is getting the right buyer to see your home. For instance, having a lot near a golf course may not necessarily appeal to a couple raising 3 or 4 children where being closer to a school may be more appealing. On the other hand, empty nesters or a young couple might be drawn to it golf course location and may be willing to pay a premium if the housing demand in such a location is limited.
In Illinois, carports are not all that popular due to weather conditions. If you have the space to build a 3 car garage vs a two car garage with a carport you will do much better. A finished basement is also a plus, however, quality finishes and fixtures are more important than a finished basement. There are variables to this opinion depending on the how much finished square footage you are offering for the price you are asking.
In a situation where your budget would not allow to offer both, a finished basement and quality fixtures, I would recommend to skip the finished basement and offer the better finishes and fixtures instead. Of course, if you are going to do the basement as well, the finishes and fixtures should be somewhat compatible to what you are using on the main level/s.
Every situation is different and so is every pocket book. If you are thinking of building to resale, I would recommend to have your broker do a thorough analysis of what you are planning to build before going full steam with the project. This way you can feel confident that you are not over building and can maximize your profit without having to sit on the inventory for months and months. Feel free to contact me if you can't find a qualified broker to help you.
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Sun Jul 28, 2013
Deborah Bartelstein answered:
Sat Jul 27, 2013
Deborah Bartelstein answered:
Great location! Pequods Pizza is building a new location right next door! Forest Perserves & great Pizza! Upscale amenities at a relatively low cost. Washer Dryer in unit! Low maintenance! ... more
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Sat Jul 27, 2013
Deborah Bartelstein answered:
The Crossings in Morton Grove seem to be selling well!
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Sat Jun 15, 2013
Arlyn Tratt answered:
Audery. Yes,
That is what I specialize in.
Please contact me for more details.
Also I want to send you a link that will tell you more about my program.
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Thu Dec 22, 2011
Alan May answered:
It sounds as though you didn't "discuss" your situation with the plumber upfront. You've just begun making payments on a $2,000 bill, when the plumber fully expected payment in full.

The plumber has expenses. He has materials to pay for, workmen that he employed. He's out of pocket a certain amount (let's call it $1,000, just for the sake of argument), and you've sent him a few hundred dollars. He's working on negative cashflow, and I understand why he's inclined to put a lien on the property to assure himself that he'll get paid.

Talk to the plumber. Offer him some "incentive" to go along with your "payments". Set up a payment schedule that's agreeable to him, and make sure that you add in some "interest" to make up for the lateness of "full payment" or perhaps even a "late fee" of some sort. And then stick to that schedule.

I applaud your efforts to pay off your debt... but clearly, at least so far, the plumber isn't on-board.
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Mon Nov 29, 2010
Catherine Dippolito answered:
I am a realtor who has a Morton Grove listing for 18 months. I thought that it should be priced at 250,000 initially. My sellers started at 294,000. At this time we are in the mid 235,000. It was very difficult to get each price reduction. By the time they allowed me to reduce the price, the housing market fell again. We have been constantly chasing the market. Very few have said that the price is too high but it is. (no offers). I feel that the home should have consistantly been lowed in price but that is in the past. I think that right now because of the Holidays, it is hard to see if a price reduction is in order for you. If in January you do not get any showings you will probably have to reduce again. Honestly look at the comps that your realtor provides at that time & price accordingly. ... more
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Fri Jul 9, 2010
EdithKaroline Jasser YourRealtor4Life answered:
Hi Ming D.,
The subbasement, and some are different from others, not all of these split level homes with subbasement are build exactly the same.... I would suggest that you look at other similar homes and select the one that has and offers everything else you want in a home at a similar price or in a similar price range, then if you find one that does have a subbasement and one that does not, and condition and price are similar, you are gaining extra space, i.e. your basement will be your office or family room or other as your needs indicate and the subbasement would be your laundry and additional storage space which if all the rest of the home is in good condition and equal and nice extra thing to have....

But yes the general updates and conditions of the rest of the home, location, and outside condition of the home, what else is new (like windows, roof, appliances, updated and remodeled baths etc. will be more important to the pricing of the home and its market value) Hope this helps you a little!

Good luck in your house hunting if we can help answering any other questions or providing you with additional homes that are similar to the one you looked at, let us know and we will gladly provide you with
additional information and some listings to clarify the sub basement in those bi-level / tri-level homes....

Sincerely yours,
Your Chicago & Northshore Expert - YourRealtor4Life!
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Sun Nov 15, 2009
Michael Michalak answered:
That's a hard thing to predict. There are two key factors in the Chicago market that will be affecting pricing. First, the area unemployment is above 10%. That has a huge affect on the area as those who are unemployed cannot purchase homes. Its not a coincidence that the national mortgage delinquency rate is also above 10%. If this number does not come down, you will probably not see home prices improving.

Second, property taxes were reassessed this year and some areas have gone up. I read in the Tribune that some areas of Garfield Park went up 40%. The rise in property taxes will have a negative affect on property pricing.
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Sat Jul 11, 2009
Ming asked:
If anyone has purchased a townhouse at the Toll Brother's Crossings at Morton Grove, would appreciate getting your view on the property, location, quality, etc. Did you experience any problems…
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Mon Aug 25, 2008
Lisa Schade answered:
Hi Ming-
From what you said, it appears to be an unfinished area of sub basement. Not a finished laundry room and tool room. So, then Mark is correct, it would not add value. However, if it were to be completed that would be a different story.
Sounds like you are describing a quad level home. There are very few of them. Depending on the condition the sub basement is in, that will determine the value added, or taken away.
You can ask the realtor that showed you the home. Or, please feel free to contact me directly. But ask for comps for a quad level home. Not a Ranch with a basment and a sub basement. The values will be different. Hope that helps!
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Mon Aug 25, 2008
Lisa Schade answered:
Hi Joe-
Well, actually, I would love to help you. And what you are asking for, in any market, is right around the corner. November and December are the best times to buy softened market homes. Unless you are buying auctioned properties. That is where you will make the most roi. (Return on investment). Please feel free to send me an email explaining exactly what you are looking for and we will go from there. ... more
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Thu Jul 10, 2008
Greg Zaccagni answered:
Have you been turned down for a mortgage loan and if so do you know why? There are many types of loans available incuding FHA which is not FICO (credit) score driven. Please let me know if I can help.. ... more
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Wed May 7, 2008
Vassi Saviano answered:
What is the reason for the bad credit? If the reason is due to some sort of hardship such as illness, loss of job, etc., I usually reccomend that my clients submit the reason in a hand written note along with the rental application. If you can provide supporting documentation or perhaps a reference letter on your behalf that may be helpful. If you can afford to pre-pay some of the rent in addition to the security deposit, that can be helpful as well. Good Luck. ... more
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Sat Apr 12, 2008
Sandra Shapiro answered:
my agent knows the area, the property, and potential buyer...yes, several houses have sold in my area and ALL for much more money..we are trying to keep the listing price below the competition...the negatives I hear too large..too small...can we move the garage...walls wrong color...can we install wood one has said price too high. I truly think buyers are confused by all the inventory... ... more
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