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Wheaton : Real Estate Advice

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  • Local Info3
  • Home Buying14
  • Home Selling4
  • Market Conditions5

Activity 36
Sun Jan 19, 2014
Christine Groves answered:
Unfortunately there is no per square foot basis to build. Cost is determined by builder via market value and is dependant upon location, amenitites, upgrades, lot size, garage, basement finishes, etc. Developments and subdivisions tend to offer more incentives and choices versus building on a particular lot.

What area and features are you looking for?

Sincerely,
Christine Groves
www.Groves-Realty.com
Coldwell Banker Residential, Wheaton, IL
(630) 346-3272
Christine.Groves@CBexchange.com
... more
0 votes 6 answers Share Flag
Thu Apr 24, 2014
Josie Morrison answered:
I specialize in first time home buyers. To answer your question on the specific in Wheaton is a personal one. Wheaton is a great demand area that has alot to offer home owners. Most towns have preferred areas and not so preferred. The personal choice is that of do you like the surronding area where the home is located. Walk the area at different times of the day, talk to the neighbors or home owners that live around there now. See who is coming & going, look at the traffic patterns, does it get very congested or is it fairly quiet. Those are all personal choices, in any real estate market it is always been about location, location, location. That is the 1 thing that cannot change with the home. If you love the home but don't care for where it is you may want to reconsider your decision. ... more
0 votes 11 answers Share Flag
Mon Apr 29, 2013
Terry Farnsworth answered:
Refresh,

No - a laminate countertop is certainly not a dealbreaker. I grew up in Glen Ellyn, and quite a few of my friends lived in Wheaton (I went to St. Francis HS). I am extremely familiar with the neighborhoods near Arrowhead, Danada, etc. Upgrading to granite countertops is "relatively" inexpensive, and you could always offer a small "credit" to buyers to offset some of the cost of installing granite if you are really concerned (and the buyers would be able to pick their own colors). It's by no means a deal breaker. Feel free to contact me with any questions you might have, or if you'd like me to send you the properties currently on the market in your neighborhood. It never hurts to know what you will be "competing" against.

Thanks!
Terry Farnsworth
Broker
Prospect Equities Premier
terryfarnsworth@prospectequities.com
630-747-3426
Visit www.SelectiveBuyer.com for a no-obligation analysis of your home's market value
... more
0 votes 15 answers Share Flag
Mon Apr 29, 2013
Mike Fawell answered:
New listing just came on market fitting your criteria. Asking rent $1,950, Send me your email and I'll email it to you.
0 votes 6 answers Share Flag
Wed May 9, 2012
Janet Baier answered:
I'm happy to help! I have several clients that I've helped in that area in the past year. Let's have a conversation to find out more specifics.

Janet Baier
RE/MAX Destiny
cell: 630-291-4700 ... more
0 votes 7 answers Share Flag
Fri May 24, 2013
Mary Bremer answered:
Hello Erik. A seller has to provide a well and septic report before closing. There is a company I use for my testing and can answer your questions. Russell and Abraham at 630-231-1465. They are the experts. Any other questions, feel free to email me at Mary@MaryBremer.com. Thanks. ... more
0 votes 6 answers Share Flag
Fri Apr 20, 2012
Michele Nixon answered:
Hi Jess,

There are about two dozen rentals available without restricting a deck and backyard. If you'd like I can email them to you for you to look over and see if they are a good fit for you.

Best,
Michele Nixon
michele@michelenixon.com
... more
0 votes 2 answers Share Flag
Mon Apr 16, 2012
Michele Nixon answered:
Hi Mark,

What price range are you looking in? There are over 100 properties between North Avenue and the train stations in Wheaton.

Do you want to do lawn work and shovel snow? Then a house is a good fit. Otherwise, one of the attached options you mention would be best.

If you can narrow down your search criteria a bit and give a price range you'd like to stay in, I'd be happy to assist.

Best,
Michele Nixon
michelenixon.com
... more
0 votes 3 answers Share Flag
Sat Jan 28, 2012
Elizabeth Schok answered:
Sorry to hear of your unfortunate circumstances. I suggest consulting your REALTOR and perhaps a Real Estate Attorney. The answer to your question will depend on several things such as, your new construction contract and state law. Good Luck! ... more
0 votes 5 answers Share Flag
Mon Nov 14, 2016
answered:
Chat with your loan officer and let them know about your husband losing his job. Every loan has a specific guideline that the loan officer and underwriter must follow. If your husband’s income was used to get approved for the loan and now that is gone, then he will need to find another job before you can close, unless you qualify without his income. The type of job he gets will also be important, if there is a probationary period the loan can’t close until that has expired. The point is the rules are very, very specific but no one here can answer your question for sure except your loan officer that has all of the details. Don’t try to hide anything or mislead your loan officer, it will come out, the lender must verify everything again right before you close. Good luck, ... more
0 votes 7 answers Share Flag
Mon Sep 19, 2011
Don Tepper answered:
That's a good question, but the answer is "it depends."

It really depends on other houses in the immediate neighborhood and what potential buyers expect. For instance, if all the other houses are 4/1s, and that's what buyers expect in that neighborhood, then a 3/2 won't be as much in demand and therefore your modification could actually reduce the value. On the other hand, if the other homes are 3/2s, it'd probably be a good decision.

To find out for sure, contact a Realtor who's active in the specific area or community you're looking.

Beyond that, though--do what works best for you. Especially if you're going to be living there awhile. In many communities, there's nothing wrong with a 3/2. Now, if you were taking it from a 3 bedroom to a 2 bedroom, that'd be a different story--usually, that'd be unwise. But in many areas (again, a local Realtor can provide the best advice) a 3/2 is pretty acceptable. If you find that there isn't too much difference--one way or the other--then go ahead, buy a 4/1 and convert it to a 3/2. After all, you're the one who's going to be living there.

Hope that helps.
... more
0 votes 7 answers Share Flag
Thu Nov 15, 2012
Anthony Cavalea IV answered:
It sounds to me like you're OK, although I'm not a mortgage expert. I'm confused by what you consider "undocumented income". It sounds like you paid taxes, and that is documentation. Obviously, you didn't make much last year, and that could hurt you. Talk to my mortgage broker: Mike Krakowski at 630-881-7902, mikek@qualitymortgagelending.net. He'll be able to help you get pre-approved.

Then I'll help you find a home, wherever you're looking. If you're interested in getting some listings sent to you in the mean time, please let me know. You can also visit my website below to search the MLS.

Anthony Cavalea
Broker/Owner
Able Realty
815-388-9300
... more
0 votes 11 answers Share Flag
Tue Jun 12, 2012
Michele Nixon answered:
Hi there,

What rental price would you like to stay in? Are you looking for a home or townhome? There are 18 properties that fit your stated criteria but, it will depend on what you're looking to pay in rent and what type of home you'd like to rent.

Let me know and I'm happy to help you find your home here.

Best,
Michele Nixon
Residential Relocation Specialist
mnixon@starckrealtors.com
... more
0 votes 8 answers Share Flag
Sat Jan 12, 2013
Barbara Moniuszko answered:
Dear Homeowner,
It would be good to check how much your property is worth and than decide if is better to put the stone or the ceramic in the foyer.


Best Regards,

Barbara Moniuszko, Broker Associate

Baird & Warner

543 Pennsylvania Ave.

Glen Ellyn, IL 60137

(Mobile) 708-650-6665

(Fax) 630-469-0037

barb.moniuszko@bairdwarner.com
... more
0 votes 4 answers Share Flag
Sun Apr 17, 2011
Shane Willis answered:
Most contracts have an appraisal contingency that says it must appraise at or above purchase price (make sure yours does). I have personally had this happen and yes the bank dropped the price to the appraised value. ... more
0 votes 6 answers Share Flag
Fri Mar 4, 2011
Belinda Spillman answered:
Boy that is the pits. Some people are just so under-handed.
Whenever there is a procuring cause complaint filed here in Colorado, it never goes anywhere. I talked to someone on the ethics committee out here and he said there has never been a case where the agent filing the complaint was awarded anything.
I'm not sure why that is, but I guess we just have to believe that karma will catch up with him and reward you for your kindness. It still makes me mad as heck when this happens!!!!
... more
0 votes 6 answers Share Flag
Mon Jan 31, 2011
Cheryl Shurtz answered:
wheatonthunder12
There are multiple properties that fit your description. A couple in the down town area and a few that are 5 min. from the business dist. Please free to text or call if I can be of assistance. ... more
0 votes 2 answers Share Flag
Sun Jan 30, 2011
Mary Bremer answered:
I am not sure what is considered walking distance for you. Also, if you need to be close to downtown Wheaton because of the commuter train, we have two stations. So, here is a link to all 2 br, 2 ba, under 1600 in Wheaton.

http://www.mlsfinder.com/il_mred/marybremer/index.cfm?action=newsearchsession&city=wheaton&state=il&min_bedrooms=2&min_bathrooms=2&max_price=1600&residential_lease=Y
... more
0 votes 1 answer Share Flag
Tue Sep 14, 2010
Michele Nixon answered:
Hi Kevin,

There is only one property in Glen Ellyn (listed in the MLS) that's available. It's a duplex but has 3BR and 1.1 baths. I'd be happy to assist you in viewing and putting together a lease if you're interested.

Let me know.

Best,
Michele Nixon
630-674-9209 - Text me for a faster response.
... more
0 votes 1 answer Share Flag
Thu Oct 28, 2010
Patrick Thies answered:
There are only 2 that come up and are only a 1 bath. A ranch in Wheaton and a Duplex in Glen Ellyn. If you want more baths, then you would need to look upto $1400 and only 3 more come up. ... more
0 votes 3 answers Share Flag
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