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Wood Dale : Real Estate Advice

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  • Local Info0
  • Home Buying2
  • Home Selling1
  • Market Conditions0

Activity 4
Mon Jan 6, 2014
Alison Hillman answered:
Hey there-

Take a look at the market trends here:

Hope this helps!

Ali, Community Manager
0 votes 2 answers Share Flag
Sat Dec 10, 2011
Joseph Hedrick answered:
I can give you a market value of the property. Any value without walking on the property would have to use worst case value of the interior. A driveby would only review the location. Basically it would be a land value report. ... more
0 votes 6 answers Share Flag
Sun Apr 29, 2012
We see many credit reports with low credit scores (anything less than 620), and often many scores in the 500's. This is BAD credit. If you are one of the folks affected by this terrible economy, you have a low credit score and you have a dream of buying a home, here's some simple advice for you.

It is unlikely you could be approved for mortgage financing with that credit score at this time.

Beware of any mortgage professionals promising you an approval with such a low score. Wait on buying a home. I recommend you take the time to resolve your credit issues.

First, settle any outstanding debt. If you owe money on collection accounts, charge-offs and/or judgments, make payment arrangements and get these accounts paid promptly.

Next, begin rebuilding your credit. If you have current accounts with good payment histories, or even some previous late-payment-blemishes, make sure you continue to pay those accounts on time. If you do not have any existing credit accounts then you'll need to establish several in order to create a viable credit history.

I have found that CONSUMER ACTION is an excellent resource for objective advice on all things credit related. You'll find free and sincere advice on everything from settling collection accounts to rebuilding credit to building credit from scratch on their website.

Beware of anyone offering to "repair" your credit! The Federal Trade Commission issued a stern warning last year that such offers are scams. Find more from the FTC HERE.

The best way to buy a home is to have a decent credit history combined with sufficient Income and Assets for a home purchase.

The best way to have a decent credit history is to settle negative outstanding obligations and pay all your bills on time for at least two years.

Trevor Curran
NMLS #40140
... more
0 votes 1 answer Share Flag
Wed Feb 16, 2011
Petra Sestakova answered:
Before signing a lease you should always make a checklist what will stay inside of the property or make the notes on the lease. The lease has to be accurate. It very depends how the description of appliances was input in the MLS - if only some appliances were stainless steel then the real estate agent should never state that all appliances are stainless steel. That is misrepresentation. This would be more a question for an attorney to advise whether or not you can void the lease.


Illinois Licensed Real Estate Broker, Realtor
Anthony J. Trotto Real Estate
138 W. Irving Park Road, Wood Dale, IL 60191
Phone (630) 521-0298
Fax (630) 521-1167
Cell (773) 742-2149

"Making the whole process of BUYING, SELLING & RENTING a little bit easier"!

*Equator Platform Platinum Certified
*Equator REO Agent Certified
*Accredited REO Agent Certified
... more
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