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Home Buying in Oak Park : Real Estate Advice

  • All154
  • Local Info16
  • Home Buying35
  • Home Selling5
  • Market Conditions8

Activity 52
Wed Apr 5, 2017
Obseastern answered:
don't know maybe someone else knws
0 votes 7 answers Share Flag
Mon Apr 3, 2017
Paola Daly asked:
we're prepared to make an offer on a place and found out HOA doesn't want to have any units place a gas line extension to convert stoves to gas. recs?
0 votes 0 Answers Share Flag
Fri Mar 25, 2016
Erich.bixler asked:
I only want to see single family homes between 150K and 350K located in Oak Park proper. Even after I have applied the filter to my search I get apartments in Chicago with prices ranging…
0 votes 0 Answers Share Flag
Fri Jan 22, 2016
Jeff Nobleza answered:
What is your definition of a "good investment"?

333 condos sold on the MLS in Oak Park in 2014 at an average price of $167,961

342 condos sold on the MLS in Oark Park in 2015 at an average price of $183,641

That's a 9.3% increase in average value comparing those two years.

Feel free to call me at 773 677 5340 if you'd like to discuss.

Jeff Nobleza
At Properties
... more
0 votes 1 answer Share Flag
Wed Apr 22, 2015
RonS answered:
Don't waste your money on an attorney. Sound like you lost the home in a foreclosure sale because you didn't pay your mortgage. Unless there is more to it, you are out of luck and hiring an attorney is throwing good money at bad money. ... more
0 votes 5 answers Share Flag
Fri Feb 20, 2015
Crystal "CEE" Smith answered:
The assessment is the value that the state uses to determine the property taxes.
0 votes 2 answers Share Flag
Sat Dec 27, 2014
Bob Brandt answered:
You should ask your attorney and send him the letter, who will probably tell you all is well and that everything is up to date.
That is one reason that the title insurance policy you have is for. ... more
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Tue Apr 1, 2014
Harriet Maj answered:
Good day, unfortunately there are no units currently available in the multiple listing service in building 203 washington. That doesnt mean something isnt for sale or rent by owner. Please feel free to call me at 708-870-1802 with any concerns. ... more
0 votes 2 answers Share Flag
Fri Feb 14, 2014
Jen Coyte answered:
Hi Yvette,

Your 1st step is to find a good Realtor to help explain the process. As with any transaction there are no two deals alike.
I have been selling Real Estate for 10 years and previous to that I worked in sales for American Express for 15 years. I

I am a certified Short Sale, Foreclosure Resource Agent as well as being an Accredited Buyers Agent. I am a full time Broker with Coldwell Banker Residential Brokerage.

If you are need of my help, please call, text or e-mail me and I'd be glad to help you start the process of buying a property.

Jen Coyte, ABR, SFR
Coldwell Banker Residential Brokerage
... more
0 votes 7 answers Share Flag
Mon Nov 4, 2013
Laura Maychruk answered:
Tom, One of the houses I was referring to came onto the market Friday. Check out 208 S. Cuyler. I will be hosting an OPEN HOUSE on Sunday, Nov. 10th 12-2. Hope to see you there! Laura Maychruk, Broker, Gullo & Associates 708-205-7044 ... more
0 votes 6 answers Share Flag
Wed Jul 24, 2013
Bob Brandt answered:
The phone numbers are listed on the Full report Realtor copy in the Realtor MLS, so the easiest and best way is to ask your own Realtor to give you the # or call for you.
0 votes 3 answers Share Flag
Tue Jun 25, 2013
Sandra Dita Lopez answered:
You will need to prove a financial hardship:

* Death of borrower or co-borrower
* Long term or permanent illness or disability of a borrower or co-borrower or dependent family
* Divorce or legal separations of a borrower or co-borrower
* Distant employment transfer/relocation
* If other financial hardship exists-- you will need all relevant documentation for consideration.
... more
0 votes 2 answers Share Flag
Wed Jun 12, 2013
Don Tepper answered:
Here's a link to a blog I wrote on how to find rent-to-own properties:

One point: Many potential rent-to-own properties aren't listed that way. They'll be listed as either rentals or properties for sale. (Some aren't listed at all.) It takes some creativity and knowledge to turn those properties into lease-options.

Hope that helps.
... more
0 votes 2 answers Share Flag
Mon Mar 25, 2013
Robert Perlin answered:

There is currently one 4 bedroom home in Oak Park listed for rent. The cost is $2700 a month. If you have a section 8 voucher that would cover that rent, I would be happy to check with the owner to see if they accept vouchers.

I have included a link to the listing below.

It would be my pleasure to help you.

Robert Perlin
Baird & Warner
... more
0 votes 2 answers Share Flag
Thu Mar 21, 2013
Vanessa Willey answered:
Hi Brian- Rent to own was a popular solution for sellers during the 1980s when very high interest rates (which often topped 17%) limited the number of buyers. In this time period sellers who had lots of equity in their homes could afford to finance buyers who otherwise could not afford to buy, due to the high interest rates.
Although some realtors and buyers have tried to make the concept of rent to own work for this real estate market - it is not usually beneficial for either buyers or sellers. The housing market stalled not because of a lack of buyers (although there are fewer due to unemployment and poor credit), but mainly because sellers could not afford to sell their homes at the lower prices as housing prices fell from grossly inflated highs. In other words, today's sellers can not afford to finance the sale of their homes to buyers. The only way sellers who do not own their homes could do this is by inflating the value of their home - which does not benefit the buyer. These underwater sellers are either forced into short sale or foreclosure - or rent their homes.
Sellers who do have enough equity in their homes to sell, can find buyers who are able to purchase the home without assistance from the seller. The seller who can buy now is a bird in hand.
... more
0 votes 3 answers Share Flag
Mon Feb 25, 2013
Robert Perlin answered:

I am a Realtor with Baird & Warner in Oak Park. I would be my privilege to help you find a 2-3 flat in Oak Park. There are currently 14 on the market ranging in price from $229,000 - $649,000.

I have attached hyperlinks to all 14 buildings. Let me know if you need more information or would like me to schedule a showing.


Robert Perlin
Baird & Warner
... more
0 votes 7 answers Share Flag
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