Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Glendale Heights : Real Estate Advice

  • All48
  • Local Info4
  • Home Buying4
  • Home Selling0
  • Market Conditions2

Activity 9
Mon Jul 23, 2012
Alison Hillman answered:
Are you planning on staying in Lombard? Are you looking to rent or to buy?

I am happy to help you research, just need a bit more information please.

Thanks,
Ali, Community Manager ... more
0 votes 1 answer Share Flag
Thu Apr 26, 2012
Roland Vinyard answered:
In our area, it has remained stable for 6 years now. Before that, it was rising. It is important to realize that the bulk of foreclosures have been concentrated in just 5 states and many areas experienced no drop. ... more
0 votes 2 answers Share Flag
Mon Feb 28, 2011
George Slowinski answered:
Go to the link below and you will have your answer!
http://quickfacts.census.gov/qfd/states/17000.html
0 votes 1 answer Share Flag
Sun Jan 29, 2012
Dallas Texas answered:
Contact local contractors. Room addition can vary based on what is involved for construction, cost of home, materials used, roof ... list is endless

No professional can render a virtual response

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
... more
0 votes 4 answers Share Flag
Thu Feb 5, 2015
Amy Foote answered:
My best advice...if that higher price is still a good price vs. the market, jump on it. Your agent should be providing you with a CMA on the new price. Banks have lost their minds. I'm not surprised that maybe the bank did come back with a different number. You never know exactly what to expect in a short sale. ... more
0 votes 7 answers Share Flag
Mon Mar 29, 2010
Evelyn Santiago answered:
Talk directly to your loan officer regarding this. May depend on the townhome project, association, occupancy, etc. No overall answer so call your loan officer and he can check with his underwriting group. Townhomes are usually easier than condo's to get FHA financing but the rules are in flux so until you find the home it's not possible to give you a full answer.

You can search for homes free on my website: www.foxvalleychicagorealestate.com

Good luck on your search!
... more
0 votes 2 answers Share Flag
Mon Aug 25, 2008
Lisa Schade answered:
Hi Ravi-
Many first time investors do this.
The first thing you must do, is look at your CCR, or the homeowners association for where the condo is located. Making sure that they allow renters.
Then you must tell your loan officer or the bank that you are changing the property from personal to investment property. That may mean that you will have to refinance. And your home owners insurance will need to be changed as well. You will need to tell the Homeowners insurance company that it is now investment property.
Hope that helps!
... more
0 votes 3 answers Share Flag
Wed Feb 20, 2008
Patti Pereyra answered:
Hi Jaggi,

If you want to rent it on your own, I would recommend Craigslist, creating a flyer on Postlets.com (which will automatically syndicate it to several websites, and give you HTML code to copy and paste onto Craigslist), and definitely putting a "FOR RENT" sign on your lawn, since many single family rental candidates find their rentals by driving the neighborhoods in which they are looking.

Realtors are prohibited from giving specific information regarding schools; I always direct my clients to www.greatschools.net. You can create a little flyer with school info, too.

If you want a little help, contact a local agent that is experienced with rentals (you want somebody that actually knows how to prepare a lease and will carefully include any necessary Riders -- like who is responsible for maintenance of certain items, lawncare, utilities, etc.) and have them market it for you by putting it on the MLS and other activities. The standard fee is 1 month's rent, which is split with the agent who brings the renter, and covers advertising costs and other marketing costs.

Good luck.
... more
0 votes 3 answers Share Flag
Search Advice
Search
Glendale Heights Zip Codes

Followers

187