Real Estate

Shawna L asked:


i need names for commercial real estate lenders in chicago

johnie walker asked:


Because my landlord is increasing the rent.

realestateinvestor1234 asked:


I would like to list my house for a flat fee in Northern Cook County Illinois (north of Chicago) - can someone recommend a good flat fee discount MLS agent or broker?

I would like to pay $300-$400 for the service and not more than 2.5% commission to the buyer’s agent, but still be able to sell on my own as FSBO. Thanks!

weberliner asked:


When will the Chicago Mercantile Exchange begin trading options and futures on real estate in 10 select US cities and how can private investors participate?

Countess Amillia asked:


What are some of the homes like? What is the average cost?

jessica_l222 asked:


If you answered they are bankrupt due to vacuous, intellectually dishonest views, that would be on answer. Any others?

Here’s One of My Favorite Passages:

“On Friday October 13, 2006, Air America Radio filed for Chapter 11 bankruptcy protection to stay on the air while it resolves issues with creditors. The network announced on January 29, 2007 that SLG Radio LLC, owned by New York real estate investor Stephen L. Green, would acquire the network, reportedly for $4.25 million [1]. One of the pioneers of Air America, Al Franken, announced on February 14th that he is leaving the network in order to run for the U.S. Senate from Minnesota.”

lirpaneb asked:


I asked this question in the renting & real estate section and didn’t get any really helpful answers so I’ll try here.

Basically my husband and I applied at an apartment in mid June for August 1st. The 1st week of July we finally got a letter saying we were rejected due to unsatisfactory credit history, unsatisfactory debt to income ratio and unsatisfactory or insufficient rental history. We were shocked because based on their rental criteria we should qualify with the possible exception of our credit (mostly due to student loans.) We were told if our credit wasn’t perfect we would still qualify, but with a larger deposit.

The basic rental criteria was must make 2.5-3 times rent (which we do), must not have any unlawful detainers, evictions or owe money to landlords (which we don’t have any of), and must have a history of satisfactory credit (which is very vague.)

After we got the letter I called the management company and asked for the specific reasons we were rejected.
The woman refused to give me any information. She said that I could write to them requesting the information and then they would mail it to us. She was very rude and wouldn’t even tell me their rental criteria until I argued that there was no reasonable reason she could have for not disclosing it.

My husband and I were of course forced to look for another apartment- and with so little time left a lot of the places we were interested in are now taken. All the places we’ve looked at since we got the rejection letter seem shocked by how the aforementioned property dealt with the situation. The place we applied to now doesn’t understand why we would have been rejected either.

Its our right in Minnesota to dispute the information that the property management based their decision on and they must investigate and reconsider us. How can we do that if they won’t tell us why they rejected us?

My question is- is there anything I can do?
In addition to the $80 application fee, we had to spent time and money looking for a different place to rent from. We wasted over 2 weeks waiting for them to run our application, when we called the property during those 2 weeks we were simply told that they hadn’t gotten around to running our information.

nine4z28 asked:


have bought land from a husband & wife, wheras the husband has died prior to sale. private residential real estate sale

tomcash1984 asked:


We are purchasing our first home and the seller lives out of state. We have to wait at least two weeks to close on the property because the seller can’t come back to the state until the 25th of March. The home is currently vacant. The seller would be willing to close immediately if she didn’t have to be present. We are in Minnesota and the seller is in Mississippi.

Does anyone know if it is required for a seller to be present at closing? I would have to imagine that a representative or their real estate agent could take their place as long as they signed some sort of paperwork giving them that authority.

Any help or resources would be appreciated!

morty asked:


I work in a small real estate shop in Minnesota, and I need some tips.