Trulia Community - Advice from neighbors and local experts

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

South Holland : Real Estate Advice

  • All44
  • Local Info4
  • Home Buying11
  • Home Selling0
  • Market Conditions1

Activity 41
Mon Aug 1, 2016
Tim answered:
Homeowners do not want to rent to section 8 tenants because of the difficulty in working with the organizations. Other than Catholic Charities, they are awful to work with. While it is nice to both help a family in need of housing, as well as have guaranteed rent payments - the repairs they force you to make - the surprise inspections, the annual inspections, the bullying, all make the negatives outweigh the positives. I suggest telling your case worker and emailing the management of these poorly run organizations, and ask them: What good is a voucher for safe affordable housing if no homeowner will accept it?

I posted a 3 bedroom home in Hazel Crest over the weekend. Even though I asked for E-mail only, I received over 50 calls in two days. Almost every single applicant asked if we accept section 8. There are clearly way too many vouchers for free housing, and too few homeowners willing to work with the programs. It has become an embarrassment for all.
... more
1 vote 1 answer Share Flag
Sat Jun 11, 2016
Victoria Lester asked:
environment for my baby. I'm looking for a nice 3 bedroom 1 or 2 bath home/ townhome for rent in the south suburbs. Preferably in Lansing, CC Hills, Hazel Crest, South Holland or even…
0 votes 0 Answers Share Flag
Wed Mar 30, 2016
Karen Peyton answered:
Use the "Find an Agent" tab to locate an agent in the area. Once you do, CALL them. Email can be overlooked.

Good luck!
0 votes 1 answer Share Flag
Sun May 17, 2015
Dan Tabit answered:
Nell,
Lenders use the middle of 3 scores that they obtain from Transunion, Equifax & Experian. There are some lenders who will consider doing an FHA loan as low as 580, but just because you are over that score doesn't guarantee an approval.
Improving your scores can take time, but some lenders assist with this. Ask around for lenders who offer FHA at 580 or assist with credit repair or both.
Some credit repair steps to consider until then. Keep your credit balances low, 1/3 or less of your limit will pull your scores up. Pay everyone on time or early. Don't close any accounts or pay off any old collections as they will drop your scores. Dispute any errors with each agency reporting them.
Best of luck.
... more
0 votes 2 answers Share Flag
Sat May 9, 2015
Noah Seidenberg answered:
At the bottom of this Trulia page it says:
Have a question? Visit our Help Center to find the answer
Click that and you will find a form to submit to Trulia
0 votes 2 answers Share Flag
Sat Apr 11, 2015
Jeff Nobleza answered:
Call Erik Miles to do your closing. He's at 312-854-8092 or at Miles@LawFirmMiles.com
0 votes 1 answer Share Flag
Mon Sep 22, 2014
Cory Trevor answered:
I would recommend that you hold off on the car loan. Mortgage lenders tend to be picky about your debt-to-income ratio. Regardless of whether or not you would get approved, it is not the best idea to build up so much debt in such a short amount of time.

http://www.wbduluth.com/duluth-home-loans
... more
0 votes 6 answers Share Flag
Tue Jul 15, 2014
Audrinne Blaxon asked:
Mon Apr 21, 2014
Dan Tabit answered:
Drea,
This is a question you should only accept the answer your LO gives you. Without knowing more, and they do, our advice could easily be wrong. When I did loans one of the worst thing my borrowers could do is take advice from others not involved with the file. Fixing credit is as much art as science and they know what is going on, we don't. Please ask them, then take their advice. ... more
0 votes 1 answer Share Flag
Wed Apr 2, 2014
Bob Brandt answered:
That is what you should do, but you may be too late. Your Realtor can advise you further.
0 votes 1 answer Share Flag
Fri Jan 31, 2014
David James answered:
The total amount of debt in collections is not going to have much of an affect on your credit scores. The number of collection accounts and their age does. If you are going by scores you saw online, they are not accurate at all. You need to speak to a lender who will pull your credit to see your actual mortgage credit scores. I would be happy to help, if I cannot find you a lender to approve you, I can send you our credit guide for free to show you exactly what you can do to increase your credit scores. We work with a couple of lenders that work with poor credit hopefully we could find you a lender to help. ... more
0 votes 5 answers Share Flag
Sat Dec 28, 2013
Warren Tyus asked:
This question was asked from http://www.trulia.com/property/3137830795-16932-Luella-Ave-South-Holland-IL-60473
0 votes 0 Answers Share Flag
Mon Dec 9, 2013
Suzanne Hamilton answered:
Earnest money is negotiable. But I use a rule of thumb of 1% of the sales price for fha, 2-3% of the sales price for conventional and 10% of the sales price for cash.

Foreclosure properties may dictate the amount you need to put in. ... more
0 votes 1 answer Share Flag
Sat Sep 14, 2013
Suzanne Hamilton answered:
Dres

Only a loan officer can tell you your situation. Pay off all your debts and in 60-90 days your score can be rerun. You need about 80-100 points in order to be eligible for a home loan. In the meantime, use your secured credit card for one thing around $50 or so (one tank of gas) each month and pay off at the end of the month. Credit cards can be your best friend or worst enemy with credit correction. Pay off each month and stay at least below 50% of your credit limit each month.

I have a good lender I can refer you to. Please feel free to contact me.

Suzanne Hamilton
RE Homes Source
Managing Broker/Owner
888-788-9544
suzanne@remarketingconsultants.com
... more
1 vote 4 answers Share Flag
Tue Aug 27, 2013
Chris Fischer answered:
Hello Anthony, we work closely with investors who purchase all over the south suburbs, and have helped many of them purchase investment properties in South Holland. Feel free to contact us directly at (708)921-0035 (Dan K), and we can go over your criteria and send you some profitable investment properties available. Thanks! ... more
0 votes 2 answers Share Flag
Mon Aug 5, 2013
Scott Kuzminski answered:
I would imagine someone willing to lend without any backing info would be hard to find and would want collateral.....times are brutal out there. Cant imagine anyone freely dispensing loans without collateral and/or the "other stuff".....If you are not willing to give out info on the other stuff sounds like you really dont have the collateral or backing evidence that you can carry thru paying that loan back. In that case, you would prob be relegated to street level lending, as in, illicit, and, if you don;t pay back you get wacked kind of lending......cant imagine anyone willing to lend without proof you can pay back, even on the shady/illicit side...everyone needs some way of knowing their loan will be paid back....suffice it to say, even if you could, you wont find that type of lending on the web...would be word of mouth if anything... ... more
0 votes 1 answer Share Flag
1 2 3
Search Advice
Search
South Holland Zip Codes

Followers

118