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Home Selling in Cook County : Real Estate Advice

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

Activity 523
Fri Oct 19, 2012
Albert Cossyleon answered:
Looks like 3 years for FHA and 5 if you are applying for a conventional loan.
0 votes 9 answers Share Flag
Mon Oct 29, 2012
Kenneth Baker answered:
The listing is in the MLS and on most major websites. I don't see it here on Trulia either and unfortunately can't answer your question. I will tell you that if you aren't getting the traffic you expect you must really look at your pricing. Speak with your agent about it and adjust it according to market conditions in your area. ... more
0 votes 13 answers Share Flag
Fri Mar 1, 2013
Matt Laricy answered:
You will be very popular. I would contact 3 agents. Interview them all and see who you mesh best with. If your interested, feel free to contact me. I would love to go over what I can do to help. I know Tinley very well.

Matt Laricy
Americorp Real Estate
Managing Broker/Partner, e-PRO
... more
0 votes 5 answers Share Flag
Mon Jan 27, 2014
BJ Tregoning answered:
That depends on a lot of factors. I would be happy to talk to you about it in detail if you'd like. Send me an email or give me a call.
0 votes 35 answers Share Flag
Thu Oct 4, 2012
Bart Sitzberger answered:
According to Midwest Real Estate Data a Bedroom to be counted as a Bedroom does not necessarily have to have a closet.
0 votes 5 answers Share Flag
Tue Oct 2, 2012
Matt Laricy answered:
You can look this up through the tax records
0 votes 6 answers Share Flag
Mon Oct 29, 2012
Jorge Vega answered:
Contact the Chicago Association of Realtors, find out what their class schedule is and what is required for you to be a Real Estate Broker. Good luck!!!
0 votes 10 answers Share Flag
Mon Jan 27, 2014
Tim Zielonka answered:
Consult an attorney right away! A Realtor should never advise you to stop paying your mortgage. You're in a very dangerous situation. Walking away from the property and doing a foreclosure will severely damage your credit, and you may be left on the hook for the remaining balance of the loan after the bank resells the property after it has foreclosed.

The relocation may be enough to get you qualified for the short-sale. I'm also sorry to hear about your disastrous experience with your current Realtor.

Keep in mind that your credit will take a slight beating as a result of the short sale. However, it will not be nearly as bad as it would if you go through the foreclosure.
... more
0 votes 17 answers Share Flag
Thu Jan 10, 2013
Tim Zielonka answered:
There are 2 essential variables at play here:

Price - Take a good look at comparable properties that sold in the past 6 months. If you're not getting a lot of activity after an extended period of time, the market may be telling you that you may be priced too high. Inventory may be low, but buyers still want bargains. Consider offering some sort of incentive (ie, home warranty, closing cost assistance, or a free cruise. You can find give-away packages online)

Condition of the Property - Even if you're in the most desirable building, block, or neighborhood. Most owner-occupant buyers want something nice where they only have to add a few touches to make it theirs. Spruce it up, stage it nicely, and you may even get multiple offers.
... more
0 votes 13 answers Share Flag
Thu Sep 6, 2012
Philip Sencer answered:
Sure. Any agent can. Let me know. I cannot tell where it is located.
0 votes 10 answers Share Flag
Sat Aug 25, 2012
Tim Moore answered:
Not sure what you mean, normally they count them.
0 votes 3 answers Share Flag
Sat Aug 25, 2012
Philip Sencer answered:
1-2-3-4-5-.......... What do you mean? Baths do not count. Diningroom that is part of the livngroom does not count. Basement rooms do not count.
0 votes 3 answers Share Flag
Mon Jan 27, 2014
Laura Rivera answered:
That would be a Short Sale. What "happens" depends on your personal situation.

Feel free to contact me for further details.

Laura Rivera - Broker Associate/Realtor
Si, yo hablo español!
First Class Service Because it Matters to Me
Betancourt Realty
2041 W. Division Street
Chicago, IL 60622
Cell: 773-750-4311
... more
0 votes 15 answers Share Flag
Sun Oct 6, 2013
Philip Sencer answered:
For the price point of a 2/2 in the GC buyers will be willing to do it particularly if the bath is older and needs updating also. I do not see a problem although it would be a bit easier if the owrk was already done for them. ... more
0 votes 9 answers Share Flag
Thu Aug 16, 2012
Ron Thomas answered:
YOU may not:
After you List it with a Realtor,
he will be able to POST it on Trulia.

Good luck and may God bless
0 votes 3 answers Share Flag
Sun Aug 19, 2012
Wes Black answered:
This will of course, vary from city to city buy my bet is on slowly increasing prices of homes for next few years. Current inventory of houses is aging, and shrinking as more people come back into the market to buy. ... more
0 votes 14 answers Share Flag
Fri Oct 12, 2012
Amabel Babao Neely answered:
I'm sorry to hear about your sister's health. I have not heard of your suggested option above. I do know that this situation would be a prime candidate for a short sale because of your sister's hardship (ie- health). She can have the benefit of being forgiven the balance by the bank. She would also be waived from closing costs, attorney fees etc. because if the short sale successfully goes to the closing table the bank would pay for all of that. She could possibly qualify for $3000 for relocation assistance too depending on what kind of loan it is (Fannie Mae/Freddie Mac). My suggestion would be to explore the short sale process versus the repercussions of deed in lieu. If you have further questions I'm in Chicago please feel free to contact me. ... more
0 votes 1 answer Share Flag
Fri Aug 10, 2012
Jackie Thom answered:
You should probably have a market analysis done on your house so that you can see how that compares to how much you owe on it. If you can sell without having to bring too much money to the closing table, you may want to take advantage of the low interest rates and move up in house while those values are down. Even though you may lose some money on the sale of your home, you will make up for it on the purchase of the larger home. Don't hesitate to call me if I can help. 773-617-7361. ... more
0 votes 7 answers Share Flag
Wed Aug 8, 2012
Bill J Deligiannis answered:
WHat is the true dollar difference between the regular taxes and the current taxes with the various exemptions. It's a negotiating point. The current seller has these exemptions and if you feel confidant the buyer won't walk, say NO. Taxes prorated based on seller's current situation and not buyer's future situation. ... more
0 votes 5 answers Share Flag
Thu Sep 11, 2014
BJ Tregoning answered:
The main problem is that your property isn't exposed to the entire pool of buyers. 20-25% I would say is a little high, but that obviously depends on a lot of factors. If you would like some advice specific to your situation please contact me to discuss. ... more
0 votes 16 answers Share Flag
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