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60605 : Real Estate Advice

  • All43
  • Local Info1
  • Home Buying17
  • Home Selling6
  • Market Conditions2

Activity 3,661
Sat Apr 6, 2013
Bill J Deligiannis answered:
You can refinance to a lower rate or sell your home in order to allow you to purchase a new one.

Every deal is different - feel free to contact a lender so you can get accurate info pertinent to your specific needs.

Contact me should you need any help.
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Thu Jul 25, 2013
Philip Sencer answered:
Sat Apr 13, 2013
Bill J Deligiannis answered:
This home is not available for rent.

If you are looking to rent work with a Realtor.
0 votes 4 answers Share Flag
Thu May 21, 2015
Geoff Ommen answered:
Mary

That variable will vary depending on the town you are in and the services you need. Your true costs include: Realtor commissions, attorney fees, title insurance and other smaller fees. You also may need to pay for transfer stamps if your town requires it.

Depending on when you sell your condo, you will also need to prepay the property taxes for the next buyer. Assuming a sale in the 2nd half of the year, it would be at least 12 months worth of taxes.

When you meet with an agent to get a Comparative Market Analysis, let them know you would like a Selling Cost statement as well. They can estimate your costs based on a possible sale price and show you how the math works for your specific property.

Geoff Ommen
Broker Baird & Warner
847-271-2622
geoff.ommen@bairdwarner.com
www.geoffgetsit.com
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0 votes 9 answers Share Flag
Wed Apr 3, 2013
Bill J Deligiannis answered:
Plenty of great options - Pegasus in Greektown offers some great views, drinks, and food.
0 votes 4 answers Share Flag
Wed Apr 3, 2013
Laurie Christofano answered:
My favorite is from the bank of the lake by the planetarium.
0 votes 7 answers Share Flag
Wed Apr 3, 2013
Bill J Deligiannis answered:
Speak to your lender who denied you.

Usually paying off and/or correcting negative info on your credit report has a very positive effect on your scores.
0 votes 4 answers Share Flag
Tue Oct 29, 2013
Matt Laricy answered:
Fri Mar 13, 2015
Bill J Deligiannis answered:
Chicago Bridge Loans
773-245-6265

Renovo
312-243-3288

GMA Funding
855-864-2750
0 votes 8 answers Share Flag
Thu Apr 4, 2013
Lucid Realty answered:
Often the properties are rented when they are on the market. That's the best scenario because it tells you exactly what the market value of the rents are. You should get a rent roll that will help you confirm the rents.

If they are not already rented then you need to really study the area rents.

Make sure you are working with a realtor that is financially savvy so that they know how to evaluate the opportunities. Because Lakeview is so popular the returns are often lower there on investment properties.

If you would like to discuss further you can call me at 312-738-0232 and I can tell you about our commission sharing program that can be worth thousands of dollars to you.
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0 votes 7 answers Share Flag
Tue Apr 2, 2013
BJ Tregoning answered:
Tue Apr 2, 2013
Matt Laricy answered:
Its tough because we would need to know what type of property, beds, baths, etc.
0 votes 8 answers Share Flag
Tue Apr 2, 2013
Hilary Pender answered:
Of course! You never know what a seller might do. Did you have an agent representing you with your offer? If so, you need to go to him/her and ask to have your offer raised. If not, please contact me and I can help you through the process. Thank you, Hilary ... more
0 votes 20 answers Share Flag
Wed Apr 10, 2013
Bill J Deligiannis answered:
Pay down the loan to the required LTV ratios (80% LTV), ;-(
0 votes 7 answers Share Flag
Mon Apr 1, 2013
Matt Laricy answered:
I would suggest to shop around to as many lenders as possible and see who gives the best rate.
0 votes 3 answers Share Flag
Fri Apr 5, 2013
Matt Laricy answered:
Have good credit, make payments on credit cards, get all your paperwork together.
0 votes 7 answers Share Flag
Fri May 8, 2015
Sam Stewart answered:
You can try putting a sign out front and putting an ad on Craigslist, but I honestly think you'll find more success if you hire a good agent.
0 votes 12 answers Share Flag
Thu Jun 13, 2013
Nate Buttrey answered:
You should talk to your lender first. Figure out all your options as far as what you can afford and all the different loan options today. If you don't have a mortgage broker, I have a few I could recommend. Have a great weekend! ... more
0 votes 13 answers Share Flag
Tue Apr 2, 2013
Evelyn S. Fred answered:
Hello Stephanie,'

Sorry, but this unit is not showing active in the multiple listing service.
0 votes 10 answers Share Flag
Wed Apr 16, 2014
Greg Zajdel answered:
Evanston, OaK Park...............................
0 votes 11 answers Share Flag
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