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Sauk Village : Real Estate Advice

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  • Local Info2
  • Home Buying7
  • Home Selling1
  • Market Conditions1

Activity 7
Wed Nov 26, 2014
Cherrie Lipinski Rogers answered:
Yes i have a house there would not recommend to purchase unless you plan to rent.
0 votes 5 answers Share Flag
Tue Jul 10, 2012
Suzanne Hamilton answered:
That price range is unfortunately very low for Richton Park, but sometimes 1200-1250 per month is possible in Park Forest or Matteson or Crete or Steger, UP.

If you are interested in those areas, I would be happy to help you find a rental. Please feel free to contact me.

Suzanne Hamilton
Managing Broker/Owner
RE Marketing Consultants, Inc.
888-788-9544
suzanne@remarketingconsultants.com
... more
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Mon Sep 20, 2010
Laura Karambelas answered:
Hi Dorothy-

That is a mobile home that has been on the market since March 2010. If you go to the listing on Trulia you can contact the listing agent directly. They should be able to answer all of your questions. ... more
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Thu Sep 23, 2010
James Wehner answered:
It would depend on if you were the buyer or seller of a FSBO. Most FSBO sellers are interested in saving the commission and think they have enough knowledge to market the home properly and facilitate the negotiations, inspections, financing or appraisal issues and review and/ or write a purchase contract.

Some FSBO may be real estate agents (active or retired) and want to save having to pay a listing broker.

Buyers sometimes prey on FSBO, because they know they are looking to save the commission and the buyers can sometimes get a better deal.

I'm a real estate agent that is full time and I sell a lot of my own homes that I purchase and rehab. I don't attempt to sell them FSBO, I still utilize all of the marketing that I would for any of my clients. Believe me, it pays off. Most homes now a days are typically sold by another agent than the listing agent, but having the knowledge of what the real estate business is currently experiencing in today's tough economy is critical.

As long as you are working with a REALTOR to represent you on the purchase, they should know enough to protect you from a FSBO. I've never ruled out looking into FSBO with my buyer clients and have closed a few as well.

Best of luck!
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Tue Feb 24, 2009
Cameron Piper answered:
Calista,

Two things that I would do right away. Start looking for another place to rent and stop paying the landlord. The difficult situation that you are in is that as a matter of integrity you should keep paying the rent because you form an agreement with the owner, however, the owner did not uphold his/her end of the bargain. More than likely the money you pay now isn't going to pay the mortgage and chances are slim that you will get your damage deposit back if thing goes all the way through so I would recommend (you may want to check with an attorney or at least an Illinois real estate agent too) that you consider your last month's payment your way of getting your damage deposit back, and then move on to something else.

In most states, the lease survives the sale but if the bank takes the place back they may want you out anyway. In that case there may be something to asking the bank what it is worth to have you move out. I have heard of banks paying renters to vacate the premisis once they take the property back after the redemption period.

Cameron Piper
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Fri May 23, 2008
Jim Starwalt answered:
Fri Aug 17, 2007
Megan answered:
I'd suggest checking out Craigslist.org. Not sure about its coverage in the Illinois area but it's great for the Bay Area.
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