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Home Selling in 60617 : Real Estate Advice

  • All19
  • Local Info1
  • Home Buying7
  • Home Selling5
  • Market Conditions0

Activity 347
Wed Nov 9, 2011
Ron Thomas answered:
I really do not understand your question:
We do not use 30 DAY NOTICES when Listing or Un-Listing a house,
We do not charge anything to LIST a house or Un-List it.

There should be no charge to list a house on Trulia either.

Are you referring to your Agent?

Good luck and may God bless
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0 votes 7 answers Share Flag
Wed Mar 12, 2014
Aislinn Ryan answered:
Prepare your home for the best possible presentation to home buyers (presentation is everything!) Price it right and make sure you're working with a good Realtor who is tech savvy! Call me anytime for any reason! Aislinn Ryan 847-707-1590 ... more
0 votes 22 answers Share Flag
Tue Sep 13, 2011
Jeremy Scott Fisher answered:
Good afternoon, there are a number of factors that play into is, ie: are you looking at short sales and foreclosures or just conventional sales? That being said, I would say that the West Loop is probably the most stable in regards to value at this point as a number of the new construction high rises are seeing values decrease due to high percentages of foreclosures and short sales. I am happy to put together some data reports for you on each neighborhood based specifically on the type of unit you are looking at. Feel free to email me at or you can call me directly at 312.543.8480.

Jeremy Fisher
Prudential Rubloff
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0 votes 7 answers Share Flag
Tue Nov 4, 2014
Oggi Kashi answered:
It means the listing is currently active but in contract with a buyer.
0 votes 21 answers Share Flag
Wed Jul 1, 2015
Steve Stenger answered:
It depends on where they live full time and where its located. If its in the Chicago suburbs it might not be considered a 2nd home. Then the unit will always be considered an investor unit when there is a lease on it.

Steve Stenger
Condo Approval Professionals LLC
(847) 293-2962
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0 votes 7 answers Share Flag
Mon Aug 22, 2011
Anna M Brocco answered:
What is your agent advising--review your contract, as the answer for backing out can be found in the document, or consult with your attorney.
0 votes 9 answers Share Flag
Wed Aug 10, 2011
Philip Sencer answered:
Not sure what a list of cash sales(vs financed sales) in the entire Chicago area will do for you,but it can be done. Is there ary other criteria that matters?
0 votes 4 answers Share Flag
Tue Jan 29, 2013
Philip Sencer answered:
Chances are that if you bought 2 years ago you will lose money because prices at best are flat and mostly down everywhere in the past 2-4 years. You should have a couple of agents do a market analysis to see just what it looks like, but if you can rent then you are luckier than most and it might be a good option if you need to move.
If you look at the closing statement you received when you bought you will see what the costs are to sell, but it is mostly based on the price.
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0 votes 14 answers Share Flag
Thu Jun 30, 2011
Mark Malave answered:
It really depends on many factors. If you want email me the property and I can do a cma abd see if you are getting it below market.
0 votes 17 answers Share Flag
Thu Jun 9, 2011
Phil Rotondo answered:
Thu Feb 16, 2012
Kelvi Cunningham answered:
I have actually never heard of this company or the 6 year lease guarantee program before, so thanks for bringing it to my attention. I checked out the website and I'm doing some more research. I'll be interested to see other professionals review of this company. Great question! Thanks for inquiring. It seems like a neat deal, but maybe too good to be true. I need to learn more. ... more
0 votes 2 answers Share Flag
Mon Mar 21, 2011
Philip Sencer answered:
How would agents even know the owner was offering a commission & open house? Most agents do not troll CL or the papers much any more. How do they really know the value of the house? In theory the greater exposure a property gets the greater # of potential buyers will see it therefore increasing the potential for more offers vs fewer offers therefore increasing the odds of getting a higher price.
I would guess a number of Brokers would go to the open house if for no other reason then to try to get the listing at some point down the line if/when the owners get frustrated for not selling. Why would they show it to their clients if there are plenty of other listings from the MLS that are similar AND offer a high commission?
Ask them to review my web site as I offer a Flat Fee Listing that saves owners significant $$$. I also grew up in that area and went to Romona.
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0 votes 14 answers Share Flag
Thu Jun 9, 2011
Accurate Inspections & Consulting answered:
Talk to an attorney who is real estate and foreclosure savvy. You have various options for getting out. From what it sounds like, none probably all that good; some of which it would not be a good idea to discuss in an open forum. ... more
0 votes 6 answers Share Flag
Wed Mar 16, 2011
Matt Laricy answered:
I'm sure most agents do, and try to help get their buildingd approved if the owners are willing.

Matt Laricy
Americorp Real Estate
Brokers Associate, e-PRO
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0 votes 4 answers Share Flag
Wed Jan 16, 2013
Laura Feghali answered:
Hello Apconstant,
Yes, you will still be able to sell your home but buyers will no longer be able to obtain an FHA loan for financing. They will have to go with a conventional loan instead which may require more of a down payment (20%) to avoid PMI (mortgage interest) but even with an FHA loan the buyer would still have to pay the mortgage interest fees.
Hope this helps.
Good luck on selling!

Laura Feghali
Prudential Connecticut Realty
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0 votes 17 answers Share Flag
Tue Mar 29, 2011
Josh answered:
Hi Lane,
Is the floor structure in place? Has the building been gutted? How many stories is the building? Finishes make a huge difference in cost but if you're looking at a fairly heavy rehab you can expect to pay anywhere from $65 to $120 per square foot in hard costs alone. That won't include architecture/engineering fees, legal fees, building permits, insurance, etc. Some of your most important variables will be the condition of the shell and existing structure, the skill/experience of your contractors, and the level of finishes you choose. ... more
0 votes 9 answers Share Flag
Mon Aug 22, 2016
Philip Sencer answered:
You will get plenty of responses from lenders here, but basicly most of the large banks, who ONLY do Fannie/Freddie loans will not lend in your building. However there are many smaller banks that 'portfolio' their loans who will make loans. FHA only requires 51% owner occupancy and many condo buildings like yours are becoming FHA approved to increase the potential for buyers to be interested in their building. It does not cost anything to get approved and the process is much less burdensome than it was a few years ago. I can give you more info if your interested. I just took a listing @ 607 Wrightwood whose owner occupancy is about 40% and it will be very difficult to find lenders willing to lend in it.
If for some odd reason you do not get any lender responses here my web site has a few references to check with.
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0 votes 7 answers Share Flag
Sat Mar 26, 2011
Mark Malave answered:
Mon Aug 8, 2011
Ranj Mohip answered:
Trulia is great for general advice, but you really need to sit down with an attorney to go over your situation and options. There are financial, credit, and tax issues that have to get addressed. A competent attorney will walk you through this.

The information in this answer provided by Attorney Ranj Mohip is general information and is not intended as legal advice, nor does the attorney intend to create an attorney-client relationship with any reader by answering this question or otherwise contributing as a member of
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0 votes 10 answers Share Flag
Mon Mar 7, 2011
Heidi Lachel answered:
Home Seller,

The best way to tell is to have an appraisal done on the property. The appraiser will determine the fair market value based on recent closed comparables. You can also have a Realtor do a CMA on the property and provide you a Net Equity sheet with an estimate of closing costs minus the amount you owe to determine if you will walk away owing or with a profit. Based on your $ per sq footage you said, you may be in a good position to sell. If you have any other questions, feel free to call me. ... more
0 votes 13 answers Share Flag
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