Home Buying in Chicago : Advice

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Jeff Nobleza, Real Estate Pro in 60640
1700 East 56th Street Unit 3505. 1bedroom 1bathroom unit that is approximately 800 square feet. This high floor unit has unobstructed North facing views of downtown Chicago and Lake Michigan. The unit… Read more
Blogged a few hours ago by Jeff Nobleza Home Buying Home Selling Investment Properties
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USMortgageRa…, Real Estate Pro in Austin, TX
USMortgageRanger answered:
After Bankruptcy, how soon can I purchase a home
After the BK is discharged in a Chapter 13 the waiting period is 2 years for conventional and 7 if dismissed, 1 year for FHA & VA and 3 for USDA and on a chapter 7 the waiting period is ... more
0 votes Share Flag Earlier today Home Buying in Chicago
Bob Brandt R…, Real Estate Pro in Schaumburg, IL
Bob Brandt Re/Max 847-230-7303 answered:
Is there a central location to find out what real estate has developer and owner financing in Chicago. nterested as an investor and for personal use.
Yes, the Realtor MLS has that info. Ask your Realtor for what you want and like the big jolly red suited guy, they will deliver if you have been good.
0 votes Share Flag Earlier today Home Buying in Bucktown
USMortgageRa…, Real Estate Pro in Austin, TX
USMortgageRanger answered:
How do I find mortgage lenders that are willing to work with those with poor credit?
We are a Chicago bank and we do help clients who want to purchase a home but have some credit issues. I am here to help you make the best decision for your family based on sound respons ... more
0 votes Share Flag Thu Dec 18, 2014 Home Buying in Hegewisch
Matt Laricy, Real Estate Pro in Near North Side, Chi...
Matt Laricy answered:
Want to buy condo in mixed use building with 5% down. Does this type of building have limits on the amount you have to put down?
Yes you typically need 20% down to buy in these.
0 votes Share Flag Thu Dec 18, 2014 Home Buying in 60647
Jeff Nobleza, Real Estate Pro in 60640
6134 W Lawrence Avenue (Lawrence is not a busy street this far West)Prussing Elementary and Taft High School bordersOpen House this Sunday Decemer 21 11a to 1pm Newly rehabbed Portage Park home with over… Read more
Blogged Thu Dec 18, 2014 by Jeff Nobleza Home Buying Home Selling Property Q&A
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Matt Laricy, Real Estate Pro in Near North Side, Chi...
Matt Laricy answered:
Where can I find a real estate agent in Chicago who has expertise in dealing with FHA 203k loans?
There is a lot of agents that do. However, the most important thing is to get an agent who knows lenders that are good at these.
0 votes Share Flag Thu Dec 18, 2014 Home Buying in Chicago
Karen Breen…, Real Estate Pro in Chicago, IL
Wondering what's in store for Chicago real estate in 2015? The Chicago Architecture Blog has a great blog post looking into Chicago's Crystal Ball...This is the time of year when everyone seems to look… Read more
Blogged Tue Dec 16, 2014 by Karen Breen Elia, ABR, CRS General Area Market Conditions Home Buying
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Karen Breen…, Real Estate Pro in Chicago, IL
Yes, it’s true…real estate activity slackens during the holidays. But, many home owners really don’t have a choice because of a necessity to relocate. You may find yourself in that same situation… Read more
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Danielle Nic…, Real Estate Pro in 63017
Danielle Nicholl answered:
I signed a disclosure to sell my house and now I discovered a crack pipe.
I highly recommend to disclose everything. When a prospective buyer does the building inspections it is likely the will see signs of the repairs or previous damage & will wonder what el ... more
0 votes Share Flag Mon Dec 15, 2014 Home Buying in Chicago
Noah Seidenb…, Real Estate Pro in Evanston, IL
1. Figure out what it's worth.  If the item costs less than $200 (such as a countertop microwave, a toaster oven or iron), it's not worth it to try to repair.  Just junk it, donate it, or offer it free… Read more
Blogged Sun Dec 14, 2014 by Noah Seidenberg Home Buying Home Selling Home Ownership
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Noah Seidenb…, Real Estate Pro in Evanston, IL
So you've picked out the room that you're painting and that magnificent color.  Now it's time to choose the gloss.  Here are some recommendations for choosing the right type of paint for any room.First… Read more
Blogged Sun Dec 14, 2014 by Noah Seidenberg Home Buying Home Selling Property Q&A
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Gary Geer, Real Estate Pro in 60031
Gary Geer answered:
I have tenants that are interested in buying my condo. Do I need or do they need a reality agent or just lawyers?
Anthony,
You may want to at least have an attorney represent your interests. Many issues can come up that would require an advocate on at least your side.
0 votes Share Flag Sun Dec 14, 2014 Home Buying in 60618
Lucid Realty, Real Estate Pro in 60622
Lucid Realty answered:
How do I take a look at properties? I am interested in a few locations that are listed.
Why don't you give me a call at 312-738-0232. We are a full service brokerage and we also share our commissions with our buyers if you spend more than $200,000. It can be worth at least ... more
0 votes Share Flag Sat Dec 13, 2014 Home Buying in 60645
Sue O'Kane, Real Estate Pro in 60005
Sue O'Kane answered:
Looking to buy a house. Problem is I have bad credit&my husband no credit. We have $10k saved for a down pymt. What are the chances of finding loan?
$10,000 down is a good start, but your lender will want to confirm your ability to pay back the loan. Since your FICO score shows poor ability to pay creditors, many lenders will not ta ... more
0 votes Share Flag Fri Dec 12, 2014 Home Buying in 60804
Sue O'Kane, Real Estate Pro in 60005
Sue O'Kane answered:
Do I need 20% cash to make a offer ??
No, but it helps though. It used to be that 20% down was the standard amount required. Nowadays, with the help of the FHA, you can put as little as 3% down. It all depends on your abili ... more
0 votes Share Flag Fri Dec 12, 2014 Home Buying in 60647
Paul Cionczyk…, Real Estate Pro in Glenview, IL
 "Welcome to Paradise! A Must See! This Quiet, Sunny and Bright TOP FLOOR Condo Provides You With Your Own Private Balcony and Large Skylights. The Updated Kitchen Overlooks the Living Room and Separate… Read more
Blogged Fri Dec 12, 2014 by Paul Cionczyk - Realtor/Broker General Area Home Buying Property Q&A
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John Griffin, Real Estate Pro in Mendham, NJ
John Griffin answered:
Fannie Mae & Mold
If you are lucky and ask around, you are likely to 1) reach an agreement with the bank and 2) Find a reputable mold remediation company that will do the work, with the expectations of p ... more
0 votes Share Flag Thu Dec 11, 2014 Home Buying in Chicago
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