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Roscoe : Real Estate Advice

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  • Local Info2
  • Home Buying3
  • Home Selling0
  • Market Conditions1

Activity 11
Fri Sep 4, 2015
Michael Abramsky answered:
Our suggestion would be to look for a small bank, portfolio lender, or credit union in your area which would be willing to do a stated loan. NINA and SISA loans are very few and far between at this point but, they are making a comeback. ... more
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Sun Jun 22, 2014
Kathleen Ricotta answered:
seller says there is no association for this neighborhood, Remington Creek
0 votes 3 answers Share Flag
Sat Feb 8, 2014
Dawn Levins answered:
The house at 7884 Rhonda Drive sold for $147,000 and closed 1/24/2014...Hope this helps....
0 votes 1 answer Share Flag
Sun Sep 22, 2013
Gregory Hackman answered:
Are you thinking about listing your home?
0 votes 3 answers Share Flag
Sat Sep 15, 2012
Laura Karambelas answered:
Hi Candice-

Many of our cash deals close in under 30 days as long as there are not any issues with title, amount of time needed by the seller and inspections.

All of those terms are part of the contract and need to be agreed by both parties.

Good luck!
... more
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Wed Aug 29, 2012
linwins answered:
There is no sign out in front. The house is located close to the freeway, just in case you didn't know.
0 votes 1 answer Share Flag
Sun Jul 29, 2012
Suzanne Hamilton answered:
Welcome to the world of distressed properties. In some cases, short sale owners and agents price it lower than market to get offers and then the bank wants market price.

And sometimes foreclosure sellers also lowball the listing to try to get multiple offers and bring up the price.

Both these tactics often work, but often cause buyers more problems. This needs to be kept in mind when you are looking.

This is why you need to work with an agent. The market right now is too tricky. Buyers need to have an informed expert helping them and need to have a tough skin. There are a lot of homes out there. It may take a few before you get it. But it is worth it.
... more
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Wed Feb 17, 2010
Carrie Buckett answered:
Hello!
I would be happy to complete a market analysis on your current property free of charge! This will let you know how your property compares to simular houses in our area and what you need to do to get top dollar for you home. Carrie Buckett
Coldwell Banker Premier
carrielynn.buckett@coldwellbanker.com
... more
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Tue Jan 6, 2009
Scott Godzyk answered:
Joe it all depends how bad you want the house. If you want the home make that bid, if it goes to foreclosure it could get snapped up by someone else at auction or the bank can buy it back, it will then take quite a while for it to run through the system, it will be assigned to an asset manager who will assign it to a local broker, it will be cleaned, appraised then placed on the market. So if it sis important to close quickly act now, if not and it is worth a risk losing it to save some money then wait. Good luck with yoru search. ... more
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Tue Jan 6, 2009
Scott Godzyk answered:
Joe this house may not be on the market yet, Realty Trac posts notices of foreclosures not actual property listings. The price you see is what they owe not an asking price. In this case it is only in preforeclosure, a notice has been posted giving the owner an amount of time to pay or sign an agreement stopping foreclosure. If they do not it is auctioned, If the bank takes the house back after the auction, it will be assigned to an asset manager who will assign it to an approved broker in that area. It will be cleaned, appraised and priced at market value for that area. The price you see could be what they owed, it is not going to be the sales price. I have posted a link on my site for a free 7 day trial so people can see what realty trac actually offers. In almost every case they only posts notices of foreclosures, they do not list homes but are a data collection company and bascially sell data. You should get a buyer broker in your area who can keep an eye when this house does hit the mls. Good luck with yoru search. ... more
1 vote 1 answer Share Flag
Sun Aug 3, 2008
Carol Pease, Broker answered:
Have you already qualified for the Section 8 program? This is not something that will happen overnight. You need to go the Winnebago County Housing Authority and talk to them. The house has to meed certain standards. If you are coming out of another Section 8 rental by eviction you may not qualify until those issues are resolved. I hope this helped.

Carol Pease
... more
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