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Near South Side : Real Estate Advice

  • All26
  • Local Info3
  • Home Buying7
  • Home Selling0
  • Market Conditions3

Activity 20
Wed Aug 31, 2016
Eriknerison answered:
I've got a great place just one block west of Michigan on Wabash and 16th:

https://hotpads.com/1516-s-wabash-ave-chicago-il-60605-wv6k/307/pad?aliasEncoded=2udtrs4vv5tdv&view=public
0 votes 3 answers Share Flag
Mon Jul 25, 2016
Karimah Yasin asked:
I'm trying to move on or around 40th&state in Chicago IL on the south west side.
0 votes 0 Answers Share Flag
Tue Jun 28, 2016
Shookman asked:
I'd like to keep costs as low as possible, but do a bit of planning regarding what to do to make sure we get all the tax savings at the end of the year. Then tax prep of course.
0 votes 0 Answers Share Flag
Mon Jun 20, 2016
Victor Lopez answered:
0 votes 12 answers Share Flag
Tue Mar 10, 2015
Noah Seidenberg answered:
It depends on if the property is priced correctly. If so I would say at least 3 to 5 in a 7 day week.
Hope this helps
0 votes 5 answers Share Flag
Tue Mar 10, 2015
Noah Seidenberg answered:
As of today it has been on the market for 61 days
0 votes 1 answer Share Flag
Thu Sep 11, 2014
Sharon Felton answered:
I second the recommendation for airbnb. Craigslist, unfortunately, has so many shady operators and scams these days... Good luck.
0 votes 3 answers Share Flag
Sat Mar 1, 2014
Santiago Valdez Relux answered:
Take note that the taxes and assessment monthly you are looking at does not include parking assessments or parking taxes. Also, it is a developer that is trying to sell the units so they will often make the monthly payments as attractive as possible, it is a fairly new building so probably nothing much is needed right now but eventually the monthly assessment may increase to cover regular maintenance and reserves for the future. Taxes estimate to 1.5% to 2% of the purchase price as this is what they may be in the near future (about). This is fairly easy to see and get a good idea, although prices are often firm on things like this a good broker can negotiate other things for you such as finishes or and help you sort through the many options for your use now and future resale and basically make sure you are not being taken to the cleaners. Let me know any questions anytime. ... more
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Sat Feb 15, 2014
Bill J Deligiannis answered:
Be careful about getting into a Rent to Own situation. Why not use the next 1-2 years to Improve your Credit and build up cash reserves?
0 votes 10 answers Share Flag
Thu Jan 30, 2014
tonyd.here answered:
how did you go with this company they have approached me too not sure what to make of it at the moment red flags are up though
0 votes 5 answers Share Flag
Thu Jan 9, 2014
JIM Michaels answered:
Mon Dec 17, 2012
davidmurree answered:
You can find from craigslist so check this search engine to find easy and fast in your location. I hope this will helpful for you.
http://www.searchfc.com/cars/California/Sacramento
0 votes 6 answers Share Flag
Wed Dec 5, 2012
JIM Michaels answered:
your in luck I specialize in the south loop email me at jmichaels@remax.net and I can help
0 votes 12 answers Share Flag
Wed Dec 5, 2012
Joel Raynes answered:
I do! Please email me what type of project you are looking at for the lending. It will depend who I suggest you call.
0 votes 1 answer Share Flag
Thu Feb 3, 2011
David answered:
"If there was ever a buyer's market, it is NOW! Price reductions coupled with interest rates that are at a historical low is a perfect storm favoring the buyer. Waiting for a possible further reduction in prices could actually be counter productive in light of a likely increase in interest rates which would result in a higher monthly mortgage payment. Scovell+Sabatini Team"

This 2.5 year old post was SO wrong it is funny. I'll bet the realtor who posted it regrets it now. How many clients has he misled with his misplaced enthusiasm?
... more
1 vote 9 answers Share Flag
Mon Jul 12, 2010
Debra (Debbie) Rose answered:
HI Denise
Just to clarify, as this can be confusing for many buyers - a "condo, or condominium" is a form of ownership. as is a "cooperative". There is also a �39;fee simple" form of ownership, in which you own the property outright, with no restrictions.

With a condo, you are given a deed to the unit (you own it), and are generally free to make any interior chamges, and to sell to anyone you choose - there are bylaws which must be followed, and usually monthly maintenance fees that take care of the common areas and/or exterior - with a coop, however, you own a percentage of the building or complex, but not the unit itself, and generally you need permission from the coop board before you can alter the interior or sell to anyone - this is more restrictive than a condo..

A townhome is the style of the building - genrally it is a multi-storied building - it may or may not have common, adjoining walls. A townhome can be a condo, or it can also be a cooperative, or fee simple - it depends on how the ownership is structured.

Make sure before buying any condo or coop that you have read a copy of the bylaws (rules and regulations) so that you understand what you can and can't do. These bylaws can vary greatly from complex to complex, and will tell you whether, for example, dogs are allowed on the premises, or even (in the case of my own complex) whether you're allowed to have a hanging plant by your front door!

Good luck!
... more
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Sat Aug 1, 2009
Cheri answered:
Last I checked Section 8 is any and everywhere - meaning that owners of investment property can sublet their property specifically for those with the vouchers - OR - the government actually procures properties for that sole purpose. Example - several manufactured/mobile home communities have properties for disabled or elderly persons with the vouchers. And the CHA has programs that allow families to move into new construction properties deemed as mixed income. The key is to have the voucher and know where you want to live. Private property owners cannot legally reject your application if you are a voucher holder BUT they may pass you over if they prefer to deal with a cash paying tenant. I dont know the current status of the program but I assume its still in full swing since the majority of the CHA housing has come down and those residents needed places to stay. So I'm not sure if I understand your question - but knowing the rate of private landlords who are accepting Section 8 vouchers isnt possible. Finding Section 8 friendly communities via the CHA or State Housing bureaus is your best bet if you dont want to deal with the trial and error of private landlord rejection. ... more
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Sun Jul 12, 2009
Colleen Harper answered:
Yes, we have more listings available. Are you looking for a north city view or a sunny sothern view. I believe sseveral units are on the market that are priced aggressively low. Some of the original owners are selling at bargains because they bought 10+ years ago and will still make a good return on their investment. The buyer also gets a great deal too.

If you need more indepth information I would be glad to assist you. I have extensive knowledge in this building. I lived there. I have sold over 10Million in that building alone Colleen Harper 312-617-3456
... more
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Fri Jul 25, 2008
Lisa Schade answered:
as of today 44 days. I not only searched it by the MLS number, which only give me specific information for that MLS number, but I also performed an address search. It has ONLY been on for 44 days as of today. It did undergo a price reduction of roughly $4500. What other information are you looking for? Please contact me directly, and I can send you teh MLS lisitng sheet by address, not MLS. Or you can log on to my website and receive the same information. ... more
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