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Home Buying in Morton Grove : Real Estate Advice

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  • Home Buying7
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Activity 11
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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Mon Apr 11, 2016
Najeeb.d.syed asked:
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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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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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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