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Home Selling in 60124 : Real Estate Advice

  • All7
  • Local Info0
  • Home Buying3
  • Home Selling0
  • Market Conditions0

Activity 10
Mon Apr 1, 2013
Sue Stalzer answered:
There are plenty of available rentals in Elgin. Feel free to call me directly at 630-345-7767 so we can discuss your needs and what is available.
0 votes 2 answers Share Flag
Fri May 31, 2013
Maria Ascencio answered:

For an accurate market analysis of your home, I suggest you have a professional visit your home and provide you with the most accurate comparables. I would love the opportunity to help you.

Hope to hear from you soon.

Maria Ascencio
RE/MAX Platinum
(630) 945-0139
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0 votes 8 answers Share Flag
Tue May 8, 2012
Karen Cundiff answered:
Hello Mark,
I am an agent living in West Dundee, near #72 and Randall. I would be more than happy to meet with you and give you a Market Analysis on your property.
Please contact me directly.
Karen Cundiff
Keller Williams Success
... more
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Tue Mar 15, 2011
Doug Rush answered:

I'm not a real estate agent, but I am a note buyer and work with owner financed homes everyday so if you have any specific questions, I may be able to help you.
0 votes 0 Answers Share Flag
Fri Jan 29, 2010
Guy Gimenez answered:
Here's another possible option.

1. Get your lender to provide a payoff
2. Take that amount and add the seller side closing costs to it
3. Take that total amount and advertise the home to real estate investor groups in your area (this assumes home would be offered at a below market value price).
4. If the home isn't priced below market, investors won't be interested and you may want to consider owner financing at that point. O.F. would be your last option, not your first.
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0 votes 7 answers Share Flag
Tue May 8, 2012
Bob Brandt answered:
Hi Sue,
Feel free to call me and tell me about your home. I could give you a ballpark on what it may sell for and when you may expect it to sell. 847-230-7303
0 votes 5 answers Share Flag
Sun Aug 3, 2008
Keith Sorem answered:
The real question is that is happening in your market
According to the link below over 200 homes sold in the area.
When someone talks to me about a home not selling, the question is: are any homes selling?
The answer seems to be "yes".

So your Reatlor's job is to figure out what your competition is doing. It is sort of like chess. The competition moves, then you make a move. If you don't make a move, you do not stand much of a chance of winning.
How many showngs have you had? 10-12 in first two weeks of market time is required to get an offer. No showings, lower the price.
Showings but no offers, lower the price.

Price is not really the key to selling, it's value. The homes with the best value sell first. Go look at the 10-12 homes that are your competition. Evaluate them.

Then sit down and objectively look at your house.

Good luck
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0 votes 4 answers Share Flag
Thu Jul 24, 2008
Ken Herrera Group answered:
Hello Mike,

Although I'm not in your area, I will give you a short explanation. I'm sure my fellow Trulia Agents will fill in with much broader explanations. Offers and counter offers are the negotiation process of the home. An offer is submitted by a Buyer highlighting the their terms they are willing to adhere to for purchasing the home, including price, financing and inspections to name a few. The offer is conveyed to the Seller at which time the Seller can accept and agree with the Buyers terms or send a counter offer. The Counter Offer basically will says I have reviewed your offer, however, I want the following changes made to the contract. Typical Counter Offer is a price change, change in amount of closing costs, change of closing date, and or a change of title company. Once a Buyer receives a Counter Offer, they can also counter the counter offer. The Buyer now has the ability to say "I don't agree with your terms," and establishes new terms. Once the negotiations have ceased, you either have a signed deal agreed to by all parties or both parties have decided not continue with the transaction. This has been a very very brief overview, you have rights in the process so please feel free to speak with a Licensed Realtor, they will able to walk you through the whole process.
Good Luck,
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Wed Apr 6, 2011
Ray answered:
sell the home with the lot, at 195k and keep the other lot, unless it is too tight for the first home to sell. You can always give them the choice, of picking up the undeveloped lot, for say, 40k. Or keep both, take out an eqity line of credit, that is tax deductable, and rent the home, and deduct that, and depreciate it, over 27.5 years.... ... more
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