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Buying a home that "needs work"

How picky should a new home buyer with no repair/construction/etc experience or knowledge by when weeding out "as is" homes that "need work"? Is the work needed typically extensive, or something that a novice could learn how to complete themselves? i live in ny, and the way things are it is hard for me to [...]

 
Redfin's Insider Report on what happened in April.

Forums folks, heads up that we just published our take on what happened with Chicago real estate in April, The Wheels are spinning, but the market can’t seem to get a grip.   Stories of sellers successfully holding their ground have been rare in the past few years; it’s been much more common for buyers [...]

 
Anyone know anything about Rent-to Own possibilities and where to find them?

The websites I found really have no listings, and contacting the sellers’ agents is fruitless because I’ve found the agents don’t even go back to their clients with my offer to rent-to-own. I think this would be a good option for us so we can live in the place as we save up a down payment, [...]

 
How low is too low to offer...

Hi everyone, newbie here. Been perusing Redfin for listings for awhile but new to the home-buying process and the boards.   We have a house we are very interested in but the price is just out of reach, given both our income and the downpayment we have saved.   I know that it was listed [...]

 

what must be approved waste of time and energy for a buyer waiting for a serious short-selling by the Bank. And he had no person has agreed to a short sale by the lender in Chicago ? Alternative Myself with two other players want to start investing in real estate to hold for a long [...]

 
Does cell phone coverage influence your home buying process?

A follower posed a similar question to me on Twitter in reference to property values.  Do you think poor cell coverage could have an impact on property values?

 
Cook County Assessor to Open 5 Townships for Property Tax Appeals

The Cook County Assessor has announced the names of the townships to open for 2011 property tax appeals on May 13, 2011.  These appeals will affect the second installment tax bill paid in late 2012.   Townships include: Evanston, Norwood Park, River Forest, Riverside, and Rogers Park. …………………………you worked as a meteorologist in chicago illinois? [...]

 
Holding off on my purchase...National Home Prices Double Dip

I’ll certainly want to see more numbers in the coming months.  But some are calling the double dip in prices official:  see http://www.cnbc.com/id/42904204   I’m going to hold off on purchasing. How much do you think i would be eligible for in a mortgage loan? I really have no debt except for student loans. And [...]

 

hello all – I have a rough estimate of $ 5500 – $ 6000 for a new roof. Is this true about? House is not very big, and maybe 1100 square feet. Anyone have surfaced in recent replacement ? Thank you! Alternative Why not get all giddy when talking about the McCain Obama-cost “specialty” of [...]

 
Do the Case Schiller numbers affect your view as a buyer/seller at all?

Case Schiller’s latest numbers came out today. They are down. Redfin has the synopsis here: http://blog.redfin.com/chicago/   Here’ s link to an interview with Schiller: http://wallstreetpit.com/72150-robert-shiller-expects-further-decline-in-the-housing-market.   Does this data have any influence on your perspective?  Admittedly, I feel a bit more bearish about housing and may sit back on the sideline. Does it make [...]

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