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Home Buying in Cook County : Real Estate Advice

  • All32
  • Local Info2
  • Home Buying13
  • Home Selling5
  • Market Conditions0

Activity 2,358
Thu Jul 11, 2013
Geoff Ommen answered:
Stressed

There are several communities to choose from with those general parameters. Bollingbrook has several, including Fairways of Augusta, Oak Lawn has Eagle Ridge. Lemont has a few as well.

If you are working with an agent, they should be able to easily pinpoint these areas for you and help you focus on what you specifically need. Homes in this age/price range can be getting ready for various levels of updating, depending on the quality of the original build. Agents don't cost the buyer anything, and will ultimately help you get the fair price and cut down on your stress time!

Geoff Ommen
Broker Baird & Warner
847-271-2622
geoff.ommen@bairdwarner.com
www.geoffgetsit.com
... more
0 votes 4 answers Share Flag
Fri Mar 21, 2014
Joe Schiller answered:
go to the cook county assessors office and they will tell you
0 votes 10 answers Share Flag
Tue Jul 16, 2013
Geoff Ommen answered:
Hi Mr Fred
First thing you want to do us talk with a mortgage broker or banker. They are best equipped to help you understand what to do with your credit and what your timeline would be to qualify for a home loan. Most real estate agents have relationships with brokers and can provide you with a referral. Once you know your timeline, you can discuss the details with an agent so that you are all working together to meet your goal.

Geoff ommen
Broker baird&warner
847-271-2622
Geoff.ommen@bairdwarner.com
Www.geoffgetsit.com
... more
0 votes 5 answers Share Flag
Thu Aug 1, 2013
Laurie Christofano answered:
It's an absolute travesty - luckily the demo bug has yet to hit my home market of Oak Park...
0 votes 3 answers Share Flag
Sat Apr 13, 2013
Bob Brandt answered:
Each seller is different. Ask your Realtor if they think you should resubmit it or have them treat you as a backup offer and see if it falls through.
Probably best to keep looking for the next right home. ... more
0 votes 2 answers Share Flag
Tue Oct 8, 2013
Dawn Larsen answered:
Fri Jul 19, 2013
Sandro Gonzalez, ABR answered:
Yes it would, however, to be safe scraping all the paint off is best... The reason FHA won't allow chip paint is the potential for lead poisoning.. Hope this helps!
0 votes 5 answers Share Flag
Fri Apr 12, 2013
Philip Sencer answered:
You need to ask your lender!!!!! Who is paying for all of this? I hope not you because the deal may not work out and you would be out the money.
0 votes 13 answers Share Flag
Mon Jul 29, 2013
David Hanna answered:
Hi Katie-

I do this for other investors outside the US. I am available
to discuss this via email or via phone.

Dave Hanna
(773) 732-9123
davehanna@realtyexecutives.com
0 votes 16 answers Share Flag
Sun Dec 18, 2016
Matt Bukovy answered:
Yep. Wintrust Mortgage.

Call me at 847-939-9411

Thanks,

Matt Bukovy
Senior Mortgage Consultant
0 votes 10 answers Share Flag
Wed Apr 10, 2013
Matt Laricy answered:
Tue Sep 10, 2013
Bob Brandt answered:
Yes. No problem. You will want a good lawyer and a good local realtor in the area that you want to buy. You can wire the money in and give power of attorney for signing. It is easier to be here to do some of these things. ... more
0 votes 12 answers Share Flag
Wed Apr 17, 2013
Sari Levy answered:
This area is super hot right now. I live just a few blocks west of here (almost bought east of Ashland) and they are tearing down everything and building new. I also really like the newest finishes and apparently everyone else does also because it sells quickly. There are some great properties available and we love the neighborhood.

Although this pertains to East Village, just west of Ashland, it's interesting to note just how much new construction is happening in the area: http://www.chicagonow.com/getting-real/2012/07/chicagos-east-village-a-mecca-for-new-construction-homes/
... more
0 votes 13 answers Share Flag
Sun Apr 7, 2013
Matt Laricy answered:
Mon Apr 15, 2013
Edith Karoline Jasser answered:
If you have enough down payment for the property in question, and if you have income proof for several years, that you are self employed and making a regular substantial income, a lender will evaluate your
income, your credit and all other of your expenses (credit cards, auto loans etc.) and then make a decision to give you a loan, and for how much and the loan amount they would grant you based on
all those facts. Your very best way would be to sit down with a local reputable lender- put all the details in front of them, bring your tax returns from several years and let them know about all your other expenses as mentioned above...

And see what they are willing to allow you to borrow etc.

If you need a recommendation for a good lender in the city, let us know, it is with the lender you need to start before connecting with a good local Realtor, your personal Buyers Agent, who will help you to
buy a property within your means! If you need a recommendation for a good Realtor and a local Lender e-mail me and I forward them to you via e-mail as well.
Sincerely yours,
Edith YourRealtor4Life & Chicago and Northern Illinois Expert

Working always in the very BEST interest of her clients, Buyers, Sellers and Investors alike....
And always with a SMILE 
Covering for @Properties the city of Chicago, all N and NW suburbs, the fine homes on the
North Shore, and many of the W and SW suburbs, and with her trusted Partner Agents all of
the US and worldwide properties. Edith speaks French, German, some Spanish and other.....
@Properties ---- EdithSellsHomes@gmail.com
Check out my website at htttp://tinyurl.com/YourRealtor4Life
HAVE THE MOST WONDERFUL DAY :)
... more
0 votes 16 answers Share Flag
Wed Apr 10, 2013
Tim Moore answered:
Is that all they owe?? Just the taxes or is there also a mortgage? You have to offer the seller enough for them to be able to pay off the loan and all liens or they can not sell and convey clear title to you. ... more
0 votes 9 answers Share Flag
Mon Apr 8, 2013
Michael Cheng answered:
The quickest way to improve your credit score is to check and correct any negative errors on your credit report. Otherwise, there's no set time frame for a certain improvement in your credit score. If you diligently pay all your bills on time, then you may get a large bump in your score in 6-12 months. ... more
0 votes 2 answers Share Flag
Sat Apr 13, 2013
Dan Tabit answered:
Jamesr,
Who says they can't afford more? It will really come down to what mortgage options you have. You are looking at a Jumbo loan in either case. If you are limited to $1,100k based on down payment, could your lender or the seller set up a second mortgage for the difference?
If you are limited due to debt ratio, can you pay off some other debts to free up room or select an ARM or other mortgage product that would allow you the flexibility you need?
If you need more down, could you borrow against a retirement account?
Just to be clear, I'm not recommending any of these options, I don't know enough about you, the home, the values etc to recommend. These are suggestions to explore with your lender and or Realtor.
... more
0 votes 12 answers Share Flag
Wed Apr 10, 2013
Mark Malave answered:
What's your question about Park Ridge?
0 votes 9 answers Share Flag
Wed Apr 10, 2013
Edith Karoline Jasser answered:
Put this since I am assuming that you are a Realtor into the Blog Section of Trulia, and not here.
Sincerely yours,
Edith YourRealtor4Life & Chicago and Northern Illinois Expert


Working always in the very BEST interest of her clients, Buyers, Sellers and Investors alike....
And always with a SMILE 
Covering for @Properties the city of Chicago, all N and NW suburbs, the fine homes on the
North Shore, and many of the W and SW suburbs, and with her trusted Partner Agents all of
the US and worldwide properties. Edith speaks French, German, some Spanish and other.....
@Properties ---- EdithSellsHomes@gmail.com
Check out my website at htttp://tinyurl.com/YourRealtor4Life
HAVE THE MOST WONDERFUL DAY :)
... more
0 votes 8 answers Share Flag
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