Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Property Q&A in Park Forest : Real Estate Advice

  • All45
  • Local Info4
  • Home Buying19
  • Home Selling1
  • Market Conditions2

Activity 15
Fri May 16, 2014
Tbarnes727 asked:
--
This question was asked from this property: http://www.trulia.com/homes/Illinois/Park_Forest/sold/491962-21801-Central-Park-Ave-Park-Forest-IL-60466
0 votes 0 Answers Share Flag
Mon Aug 26, 2013
Suzanne Hamilton answered:
Jeff

To answer your question, yes this is a foreclosure home by hud. It can be purchased by a owner occupied anytime, but if you do not plan to occupy for at least one year, you need to wait for the investor period. You also need to work with a Hud certified broker to purchase.

And the only way you can purchase without a credit check is to pay cash.

Otherwise, the two things you need to get a loan these days is good credit and down payment to purchase. Down payment can be resolved by many ways, but credit is a minimum standard. A lender will pull your credit first thing to qualify you.

I am a HUD certified broker with a lot of experience with these transactions. There are special things about buying a hud home.

Please feel free to contact me and I can explain.

Suzanne Hamilton
Managing Broker/Owner
RE Homes Source
888-788-9544
suzanne@remarketingconsultants.com
... more
0 votes 2 answers Share Flag
Thu May 23, 2013
Suzanne Hamilton answered:
If you are putting a down payment of less than 20%, your taxes are escrowed in your mortgage payment every month. If you put down more than 20%, you have the choice to escrow or pay yourself. In Cook County, taxes are paid 2x per year - half each time - usually March 1 and July 1.

These homes in this area are new and nice - but no yards at all and not super spacious - but nice master bedrooms, etc. These homes originally sold in the 150-180k area and that is why the taxes are so high. Also, because there is no homestead exemption. I am very familiar with this area and these homes.

Please feel free to call if you would like to see or have any questions.

Suzanne Hamilton
Managing Broker/owner
RE Marketing Consultants, Inc.
888-788-9544
suzanne@remarketingconsultants.com
... more
0 votes 2 answers Share Flag
Wed May 22, 2013
Bernetta Taylor answered:
Pandora,

You can contact me at 708.220.0631 and I can discuss your concerns.
0 votes 1 answer Share Flag
Tue May 21, 2013
Suzanne Hamilton answered:
This house is not currently on the market. If you are looking in this area there are several advantages and down payment program. I can give you several recommendations of homes I have seen in this area, etc. I am very familiar with this area and have sold many homes here.

Feel free to contact me and I can give you some information.

Suzanne Hamilton
Managing Broker/Owner
RE Marketing Consultants, Inc.
888-788-9544
suzanne@remarketingconsultants.com
... more
0 votes 1 answer Share Flag
Thu Apr 11, 2013
Virginia Calvin answered:
Thank you for contacting Affordable Home Real Estate Services. I will be happy to send you inside pictures of the 3 bedroom Townhouse at 31 McCarthy Park Forest, IL. Please let me know your email address.

http://suburbanadvantage.housingtrendsenewsletter.com/dispContent.cfm?loadid=2&loadtype=0
... more
0 votes 2 answers Share Flag
Wed Mar 6, 2013
Alison Hillman answered:
You can contact the listing agent who will be able to help you learn more about that specific property (and probably will know a lot about similar properties in the area). To find an agent, just click on the yellow button on the property's Trulia listing and you will be able to start a dialogue.

Please let me know if you have any questions or if I can help with anything else. I am happy to be a resource for you. Good luck with the search!

Best,
Ali, Trulia Voices Community Manager
... more
0 votes 1 answer Share Flag
Sun Dec 16, 2012
Dorothy asked:
--
This question was asked from this property: http://www.trulia.com/foreclosure/3102819736--Indianwood-Blvd-17-Park-Forest-IL-60466
0 votes 0 Answers Share Flag
Thu Sep 6, 2012
Suzanne Hamilton answered:
This home is not available on the MLS. If you want a legitimate home for rent, please feel free to call. I am very familiar with Park Forest and would be happy to help you find something.

Suzanne Hamilton
888-788-9544
Managing Broker/Owner
RE Marketing Consultants, Inc.
suzanne@remarketingconsultants.com
... more
0 votes 1 answer Share Flag
Thu Oct 6, 2011
Justus asked:
My mortgage was sold and I was coerced into doing a deed-in-lieu that shows up on my credit as "paid-in-full for less." Now I can't rent, can't buy and i'm well…
0 votes 0 Answers Share Flag
Wed Aug 17, 2011
Suzanne Hamilton answered:
This is a great area in Park Forest. Nice neighborhood. I am in this area all the time. If you would like to see the home, please call me 888-788-9544. I have sold 4 houses in Park Forest so far this year and am familiar with a lot of the inventory.


Suzanne Hamilton
Independent Broker Owner
RE Marketing Consultants
suzanne@remarketingconsultants.com
... more
0 votes 3 answers Share Flag
Wed Apr 6, 2011
Suzanne Hamilton answered:
You already received the answer. I just wanted to give you a couple more pieces of information.
Taxes read $600 per year and there are some membership and application fees.

On a co-op, you must pay cash and can not get a mortgage. There is an approval period and you must be voted in. It is like becoming a partner in a company. Your assessments should cover most problems, but if there are extra fees, everyone shares in the cost.

There are rules and requirements for membership. Contact me if you want them. 888-788-9544 or suzanne@remarketingconsultants.com

Suzanne Hamilton\
Independent Broker Owner
RE Marketing Consultants, Inc.
888-788-9544
... more
0 votes 2 answers Share Flag
Fri Jan 15, 2010
Vivian Jankauskis answered:
This one is under contract since 12/16/09. If you would like to see other foreclosures in the area email with your email address, price range and any specifics you are looking for.
0 votes 1 answer Share Flag
Sun Nov 15, 2009
Nichole Lathus answered:
HELLO MARLENE,

IF YOU HAVE A VA CERTIFICATE TO PURCHASE A HOME, FIRST THING WOULD BE IS TO VONTACT A LOAN OFFICER AND GET YOU PRE APPROVED FOR A MORTGAGE AMOUNT. VA LOANS ARE 100% FINANCING AND DO NOT REQUIRE A DOWN PAYMENT. YOU CAN ASK THE SELLER TO CONTRIBUTE UP TO 4% FOR CLOSING COSTS.
I HAVE A CLIENT I AM NOW WORKING WITH WHO HAS A VA LOAN SO IF YOU NEED HELP WITH GETTING SET UP WITH A LOAN OFFICER WHO KNOWS VA LOANS, FEEL FREE TO GIVE ME A CALL AT 708-646-6533 OR EMAIL AT nlathus@yahoo.com .
I WOULD BE HAPPY TO WORK WITH YOU ON THE PURCHASE OF YOUR NEW HOME.

HAVE A WONDERFUL DAY,
NICHLE LATHUS
MCCOLLY REAL ESTATE
... more
0 votes 1 answer Share Flag
Sat Oct 18, 2008
Robertrese asked:
--
This question is about this property: http://www.trulia.com/property/1062747807-189-Dogwood-St-Park-Forest-IL-60466
0 votes 0 Answers Share Flag
Search Advice
Search
Property Q&A in Park Forest Zip Codes

Followers

124