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Home Buying in 60631 : Real Estate Advice

  • All12
  • Local Info1
  • Home Buying3
  • Home Selling1
  • Market Conditions2

Activity 1,692
Wed Jan 9, 2013
Thomas Kossnar answered:
I love Dearborn Park. It's one of my favorite areas of the city. It's kind of like a subset of Printers Row. Lots of good restaurants. Walking distance to the loop, close to everything. A very adult area, unlike Lincoln Park, which can be irritating. At this time I am just handling rentals, but my realty company would be happy to review condo vs townhome for you. Good luck to you! ... more
0 votes 12 answers Share Flag
Mon Jun 29, 2015
Matt Laricy answered:
I wouldnt buy in there. We live and die by comps in Chicago. The developer has been slashing prices in here for years, which means you lose equity every time they do so. They havent sold out yet, and everyone that has bought in here has come to the table to close with a ton of cash. Annnd its not even close to selling out. Bad buy in my opinion. ... more
0 votes 18 answers Share Flag
Sun Dec 30, 2012
Bill J Deligiannis answered:
Contact both the Loan Officer and his/her manager and ask for a clear explanation of what the reason for the delay is and what the Plan of Action is moving forward. Maybe your client does not qualify anymore or maybe the building has so many issues that they cannot get financing for it. If you are not happy with the response go to another lender. ... more
0 votes 18 answers Share Flag
Mon Jun 24, 2013
Bill J Deligiannis answered:
Keep in mind that when living in a condo you have to abide by the Rules and Regulations of the Association. You cannot do whatever you want since you are "living" with many others. Check the assessments and inquire as to if any special projects are being considered that might affect your assessments. ... more
0 votes 13 answers Share Flag
Thu Jun 25, 2015
Rekha answered:
A few more details- want to move-in by end of March. Price should be between 50k - 80k. Any buyer's agents out there, please contact me.
0 votes 17 answers Share Flag
Wed Oct 9, 2013
Laurie Christofano answered:
I wish this was true!! I've had all sorts of issues with my Chase short sales this year, and I'm working with some very competent and experienced short sale attorneys. Best of luck to you! ... more
0 votes 23 answers Share Flag
Tue Feb 5, 2013
Mark Davey answered:
Yes you can. Would you be taking a loan or using cash ?
0 votes 11 answers Share Flag
Sun Dec 23, 2012
Shanna Rogers answered:
Hi slishmov,

Your lender should not discuss any of your financial information with anyone except the people you have given them written authorization to do so. If they did, I would recommend changing lenders as they are violating your privacy rights.


Shanna Rogers
SR Realty
www.RealtyBySR.com
... more
0 votes 10 answers Share Flag
Tue Jan 8, 2013
Matt Laricy answered:
It's ok for them to call your lender. They need to make sure it's legit. There is a lot of fake approvals out there. Asking if your approved for certain terms is also fine. They may be curious to see if the deal will work out. ... more
0 votes 8 answers Share Flag
Fri Dec 21, 2012
Philip Sencer answered:
No parking with this unit and it is a basement unit. I would avoid these at any price. It only takes 1 water issue to screw everything up and sometimes it is almost impossible to find and correct the problem. Dealing with an association to do anything is another huge hassle. ... more
0 votes 8 answers Share Flag
Fri Jan 4, 2013
Philip Sencer answered:
Never, and your options are based on what the attorney states because this is a legal issue. I would think there 'should' be some sort of monitary compensation, but it's all about the law. ... more
0 votes 6 answers Share Flag
Thu Jan 3, 2013
Darrell Hess answered:
Depends on the condo's HOA's. Typically you do not and financial information would only be between you and the closing attorney unless the seller requested it in the contract.
0 votes 8 answers Share Flag
Sat Dec 22, 2012
Cindy Wilson answered:
Look for smaller buildings that don't have restrictions on the number of pets. High rises or larger multi-unit buildings will most likely have a 2-pet restriction. Find an agent you like to work with, to provide you guidance in finding a condo building that will accept all of your precious pets. Best of luck! Please let me know if I can be of assistasnce.

Cindy Wilson
Koenig & Strey
cwilson@koenigstrey.com
... more
0 votes 8 answers Share Flag
Thu Dec 20, 2012
Matt Laricy answered:
Sounds kind of odd. If its a condo I would check with the association. I can't imagine this could be allowed.
0 votes 17 answers Share Flag
Thu Dec 20, 2012
Joe Schiller answered:
the agent is responsible for data..with conditional accounability
0 votes 16 answers Share Flag
Wed Dec 19, 2012
Manuel Brown answered:
Dear Chris,

It is not legal for a Broker in Illinois to pay a non-licensed individual for a lead.

Manuel Brown, Broker
iMove Chicago
0 votes 11 answers Share Flag
Wed Dec 19, 2012
Bill J Deligiannis answered:
Great ROI's exist west of Western & South of 75th St.

Work with a Realtor to assist in refining your goals and keep you from losing to many $$$.
0 votes 13 answers Share Flag
Thu Dec 20, 2012
Joe Schiller answered:
no..do not waste your time..
0 votes 15 answers Share Flag
Tue May 28, 2013
Fred Yancy answered:
As you stated in your question, you are struggling with credit issues. Most investors are in the investment to make money, not take risks on people who have already proven they cannot afford their mortgage. I would recommend selling your home in a short sale, rent a small apartment for two years and work on fixing your credit before your home goes into foreclosure.

Fred Yancy, Broker
Crye-Leike Realtors
(678) 799-4663
http://fredyancy.crye-leike.com
... more
0 votes 10 answers Share Flag
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