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Home Buying in West Lawn : Real Estate Advice

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  • Local Info3
  • Home Buying5
  • Home Selling1
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Activity 4
Tue Oct 29, 2013
Christopher Thomas answered:
Dear Angel12,

If your offer was accepted, then you should have immediately moved into an attorney modification or review period. So if the seller's agent was not responding to you, then you could have also had your attorney contact the seller's attorney.

Either way if you've made a request of the listing (seller's) agent that is not answered within 3 days, then you can potentially go directly to the seller themselves with the same request.

I'd put the listing agent's boss (managing broker) on record of their failure to respond, but you could start ignoring the seller's agent and either deal directly with their seller or with the agent's managing broker.

Good luck.

--
Sincerely,

Christopher Thomas
Broker Associate, Keller Williams Realty Chicago Consulting Group
716 E. 47th St. Chicago, IL 60653
(773) 770-5947 (cell) (312) 577-0985 (fax)
cthomas@kw.com
http://www.myagentchris.kwrealty.com
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Tue Oct 29, 2013
Lindsey Richardson answered:
All good answers! In my experience short sales are getting increasingly tough to get approved since the market has started to recover. If I were your agent, I would suggest moving on to a serious seller that will commit to you and work your deal hard. If they want you to commit to them, they should see the value in committing back to you so you (and the other line of buyers behind you) don't all feel uncomfortable and walk. ... more
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Mon Oct 28, 2013
Dirk Gould answered:
I can recommend a good agent in West Lawn, but we need more details. For example, what requirements need to be met?
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Wed Jul 22, 2009
Carmen Rodriguez answered:
Enrique,
Yes, it is a good idea to buy a foreclosure; however, as with any property purchase - it DEPENDS on the condition of the property and the amount of money or financing that is available to you. Therefore, if the property is in need of excessive repair - it is best that you get pre-approved for a loan first if you don't have the cash available to handle repairs.

IF you can find a foreclosure that is in somewhat good shape with little to no work required, I would say that would be an ideal purchase. However, if much time, effort, and money is required, I would think twice considering that there is a surplus of properties right now to choose from - sellers are anxious to sell and there are some great properties for buyers in move-in condition without needing to go via the foreclosure path - if one does not want to spend the time, money, and effort that most foreclosures require. In any case, I am confident that in this market, you will find a great deal no matter if it is a foreclosure or not. This is a buyer's market with record low real estate prices.

Enrique, if you are looking to buy in your zip code (60632) near Midway, please let me know. I have worked, studied, and/or lived in the Midway area for over 20 years!. So,if you are looking to buy near Midway, anywhere in Illinois, or the Chicagoland area, feel free to call me, if you are currently not working exclusively with an agent, I would be glad to represent you as your buyer's agent.

I hope the response to your question helps.

Thank you,
Carmen Rodriguez
Licensed IL Real Estate Broker
Century 21 SGR
Chicago, IL
crealestateus@yahoo.com
312-656-5914
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