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Home Buying in Niles : Real Estate Advice

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  • Local Info3
  • Home Buying7
  • Home Selling3
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Activity 13
Tue Feb 23, 2016
Molly Hawkins answered:
That's wonderful that you've got a great job at an early age! Are you trying to make an apartment purchase? With no established credit, that would be difficult, if not impossible. If just renting, though, it's a different story for sure. One quick way to start building your credit to make a home purchase in the future would be to get a credit card and begin using it regularly making sure to pay off the balance monthly. And of course, stay up to date on car payments and all other bills. If you're just attempting to rent, you may need to go and speak with the landlord in person. It might be helpful to have some personal references typed up to give them, plus be prepared for at least a month or two deposit. Best of luck on your endeavor! ... more
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Tue Feb 2, 2016
Angie Rowland answered:
Active contingent is a property status generally referring to a short sale property that is in contract between a buyer and seller but the sale is still contingent upon the lenders approval. Once approved by the lender the status will be updated as pending. ... more
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Tue Oct 8, 2013
Laura Caamano answered:
Good morning!

I would suggest you work with an agent to help you find foreclosures. Banks list ALL of their inventory with agents.

Your agent should set you up on a search so that you are alerted of new foreclosures as soon as they hit the market. Make sure the agent you work with is familiar with the foreclosure process as well as there are additional buyer expenses, addendums, etc. when buying a foreclosure.

Best of luck.
... more
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Mon Oct 7, 2013
Betty Shamoun answered:
I would be more than happy to assist you in your home search. Please email me what your needs, wants and desires so I may better assist you. Betty@BettyShamoun.com
0 votes 3 answers Share Flag
Fri Jun 7, 2013
Paul Cionczyk answered:
RealtyTrac.com markets itself heavily as working with foreclosures. I'm a real estate broker, and so I can see the records in my system, without having to use and pay for RealtyTrac's services.

All depends on your end goal.
... more
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Mon Feb 18, 2013
Riccardo Wardlow answered:
3 years after a foreclosure for FHA 4 years for Conventional.

That is the period of time you have to wait.
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Mon Sep 10, 2012
Terry Farnsworth answered:
Hi Janet,

I am extremely familiar with HomePath, what they require, and what to expect when you put in an offer. I've worked with numerous buyers interested in HomePath properties - so I'm very familiar with the process and what they require in terms of submitting an offer.

Please feel free to reach out to me via phone, email, or via my website - www.SelectiveBuyer.com. I would be happy to answer all of your questions in detail.

Thanks,
Terry Farnsworth
Licensed Broker
Prospect Equities Premier
terryfarnsworth@prospectequities.com
(630) -747-3426
www.SelectiveBuyer.com
... more
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Sun Nov 13, 2011
Phoebe Co answered:
Thank you for a great question. Nowadays, banks have been more proactive in streamlining its short sale process. I observed there are lesser waiting time for short sale deals to close. I always tell clients to have a back up strategy, like having some place to move to ( maybe relatives' home or rent month to month) in case the closing would be postponed. The realtor professional is also instrumental in the success of the transaction if there is constant coordination with attorney working on the paperwork involved. I have had training as a Certified Distressed Property Expert ( CDPE) and have taken the designation as Short sale and Foreclosure Expert. Good luck! ... more
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Mon Aug 22, 2011
Barbara Angarone answered:
If you are asking about the property located on New England which was temporarily off the market before being re-activated. In this situation it was unavailable for showings during that short time, and now it is available to see. Usually for a repair, update, or paperwork.
Give me a call and I will find out the details.
... more
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Mon Apr 25, 2011
Barbara Angarone answered:
Though our market is lower than last years. There are to many variables to directly answer that question without seeing the unit. Are they the exact same unit number & just one floor higher? Same layout, exposure, view, finishes, appliances. If they are all the same, Top floor might be more desirable. A good idea is to look up the original selling prices, even a better garage spot might sell for more. If you need an agent who would research all this further for you to make a wise informative purchase. If you need a lender who would explain all the costs involved to assist if you could afford it, I work with many.Give me a call!

Barbara Angarone
Century 21 McMullen Real Estate, Inc.
c 773-875-3953
... more
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Sat Aug 8, 2009
Patrick Thies answered:
That unit was last listed for $155,900. The listing was canceled 6/7/09. The only thing listed in that building right now is a 1 bed 1 bath unit on the 3rd floor for $119,900.
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Thu Jun 4, 2009
answered:
Kb, the best advice I can share with you is to work with a Realtor (as mentioned by Laura Karambelas) and a Lender who you help understand how you can sell and buy quickly and successfully.

"Surround yourself with great professionals who are experts in their business" ... though a cliche', this always works to overcome any challenge.
... more
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Sat Dec 20, 2008
Wayne Beals answered:
You should be able to check the tax record for prior sale info.

A Realtor or a Real Estate Attorney should be able to gather the info you need. Is the home listed for sale? If it is, you should have a Realtor represent you, if possible.

You can email me with questions regarding the tax record of the property.
... more
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