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60631 : Real Estate Advice

  • All13
  • Local Info1
  • Home Buying3
  • Home Selling1
  • Market Conditions2

Activity 3,661
Sun Mar 17, 2013
Matt Laricy answered:
Mon Mar 18, 2013
Bill J Deligiannis answered:

If you haven't done so already, have your attorney deal with this very serious issue.

The details are in the contract that you signed.
0 votes 12 answers Share Flag
Mon Sep 11, 2017
Manuel Brown answered:
Dear Victoria,

I am sure a broker or leasing agent the specializes in section 8 will respond. You can also check on craigslist. Make sure you put the bachelorhood you are considering moving to and section 8 or Sec 8 in the search field.

Best of luck.
... more
0 votes 16 answers Share Flag
Thu Mar 21, 2013
Philip Sencer answered:
If anyone could predict the future in R E we would be rich and retired. All I can say is that the entire market in all Burbs and chicago neighborhoods has started to change after 5-6 yrs of disaster. The extent to which that will progress is unknown. Plan to keep whatever you buy longer than shorter. 2yrs is not long. When you add your closing costs ont he buy side and the sell side you will need to have about a 7% appreciation just to break even. Why bother doing this if you cannot at least make 20% return and no way that will happen in 2-3yrs. ... more
0 votes 15 answers Share Flag
Sun Mar 31, 2013
Ian Halpin answered:

I am not an attorney and you should definitely think about getting one, or at least getting good counsel. But if you are pretty savvy and organized you can possibly do this on your own. Two things to do immediately:
1. Get on the phone with your bank ASAP. Your silence will lead them to believe you do not care. Open up a dialogue and see what options are available to you. A loan modification is quite a process but can be done. If you only owe a few months they may put it on the back end for you if you can prove ability to pay. Banks do not want to own real estate if they don't have to. If you can get to a branch that may also be a good start. Always helps to talk to real person. Can't hurt.
2. Absolutely keep the court date. It takes over a year for a foreclosure to go through. So get in front of the judge and tell him you are working it out. Time is on your side.

I wish you luck. If you are persistent you should prevail.

Ian Halpin / Broker
Jameson Sotheby’s International Realty
425 W. North Ave. / Chicago, IL 60610
O: 312.335.3220 / F: 312.229.9190 / C: 773.531.4479 |
... more
0 votes 16 answers Share Flag
Thu Mar 14, 2013
Bill Eckler answered:
The best thing about Chicago living is the Cubs......the worst thing about living in Chicago is the Cubs!

0 votes 7 answers Share Flag
Thu Mar 14, 2013
Mark Malave answered:
You need to look that up. We really can't comment on those things.
0 votes 6 answers Share Flag
Sun Mar 24, 2013
Riccardo Wardlow answered:
You can try. It would be my strong suggestion that you have a licensed realtor help you on this. I work with a very good real estate agent that I would be happy to refer you to.

Give me a call let me know.

Sean Cochran
Quality Mortgage Lending
630-330-2229 cell
630-470-6830 office
... more
0 votes 14 answers Share Flag
Mon Mar 25, 2013
J Maggio answered:
When you're out looking for a house to purchase you should pay attention to the layout and flow of the home. Does it have enough size/space for your needs both inside and out. If you're able to, look past the the finishes as they can be changed down the road. Your real estate agent should be looking for defects that are noticeable to the human eye (signs of water damage, abnormal wear and tear, potential issues with mechanicals or appliances). ... more
0 votes 9 answers Share Flag
Wed Mar 13, 2013
Erik Sachs answered:
I can provide guidance on all fronts. My company is a full service real estate brokerage, general contractor and property manager. We own and operate 100+ of our own units and have been rehabbing properties in Chicago for 10+ years.

Erik Sachs
RpV Realty and Development
Cell 773/368-5515
... more
0 votes 9 answers Share Flag
Sun Nov 2, 2014
David Hanna answered:
I would need much more information to give you the best answer. feel free to call or email me back.
This is a process that needs to start with an interview to help you decide what your priorities are and what you can afford.
Feel free to call (773) 732-9123 or write me back,
10- 15 minutes on the phone would be a good start.

... more
0 votes 12 answers Share Flag
Tue Mar 12, 2013
Matt Laricy answered:
I think if you don't mind paying PMI there is nothing wrong with putting less down. I would try to do 10% though so you don't have to deal with a full condo review.
0 votes 14 answers Share Flag
Wed Jan 14, 2015
Laura Meier answered:
Not sure of the question here or if that means you are looking in that price point for something like this in the range of $700-d$900k.

There are some nice options in the area with that square footage that could fit your price point.

Feel free to reach out to me this morning to discuss further.

Laura Meier
212 E. Ohio
Chicago IL 60611
cell: 312-282-2122
... more
0 votes 13 answers Share Flag
Sun Mar 17, 2013
Manuel Brown answered:
Dear Renter,

It is not law that a tenant cannot be evicted over winter. Judges are reluctant and avoid evicting tenants during winter months. A landlord will have to present a really strong case for a winter evictions.

Best of luck!
... more
0 votes 14 answers Share Flag
Thu Mar 14, 2013
Todd Akes & Team answered:
Hi Albert,
HUD insures lenders against mortgage losses through foreclosure originatiing with an FHA loan. FHA loans allow a minimum down payment of 3.5%. They are normally utilized by first time buyers due to the low initial buy in cost.

Hope this helps,
Todd Akes
... more
0 votes 5 answers Share Flag
Fri Mar 22, 2013
Tim Moore answered:
Your lender will decide if you need PMI or MIP which are the mortgage insurances for FHA and Conventional loans. It is all a matter of how much down payment you put down. These are questions for the loan officer you should be talking with as step #1 in the buying process. ... more
0 votes 8 answers Share Flag
Thu Mar 14, 2013
Matt Laricy answered:
Look at what they offer. Dont just look at the rate, look at the charges, closing costs, etc.
0 votes 5 answers Share Flag
Thu Mar 14, 2013
Erika Carter answered:
Hi there! You can check with the cook county recorders office; I belive you can find it there.
0 votes 4 answers Share Flag
Sat Jun 8, 2013
Mike LeFevere answered:
If you want to know recent sales in Bridgeport please email me at I can send you a list of properties that have been sold in the past 3 months.
Alex Summers ... more
0 votes 12 answers Share Flag
Fri Mar 15, 2013
Philip Sencer answered:
There are lots of factors to determine average market time.....type of propery/neighborhood/price point/condition/ and more. The average market time in currently shorter than it was 2 years ago generally. That is about as generic as I can get. ... more
0 votes 14 answers Share Flag
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