Zillow Advice RSS: Question,All Real Estate Advice Topics,Dekalb- IL http://www.zillow.com/advice/Dekalb-IL/all/question/ Zillow Advice search results | Zillow Real Estate refinance - I own a condo which i dont live in. I had to move for a job and now rent the condo out http://www.zillow.com/advice-thread/refinance-I-own-a-condo-which-i-dont-live-in-I-had-to-move-for-a-job-and-now-rent-the-condo-out/534691/ I owe 129,000 on it. My interest rate is 7.2 % I would estimate the place would be appraised between 115,000 and 125,000. I have about 25,000 on hand that i was going to put into it to try to refinance my loan. Is there any Mortgage company that would work with me to do this.&nbsp;<br \><br \>6 replies Tue, 01 Apr 2014 16:42:00 GMT http://www.zillow.com/advice-thread/refinance-I-own-a-condo-which-i-dont-live-in-I-had-to-move-for-a-job-and-now-rent-the-condo-out/534691/ 2014-04-01T16:42:00Z CANCEL LISTING http://www.zillow.com/advice-thread/CANCEL-LISTING/473882/ <p>I want to cancel the listing since I sold my house.&nbsp; How do I do that</p><br \><br \>1 reply Thu, 10 Jan 2013 16:31:00 GMT http://www.zillow.com/advice-thread/CANCEL-LISTING/473882/ 2013-01-10T16:31:00Z Should/could buyer (me) pay for repairs prior to closing on short sale? http://www.zillow.com/advice-thread/Should-could-buyer-me-pay-for-repairs-prior-to-closing-on-short-sale/454817/ Found a house that I liked a lot, but it is a short sale. Offer was accepted by seller and seller's lender. Home inspector gave it a good bill of health noting only a few things, one of them being the roof. It has some old shingles and is showing it's age. I was aware of this and planned to fix it in the spring.<br/><br/>Things were moving along. There was a hiccup where the seller was going to be $1400 short and so the deal we worked out was I would accept less of a tax credit for 2012 taxes. Not awesome, but I can deal. The the appraiser came along two weeks before closing. He noted that the roof is at the end of it's economic life. Now my lender won't underwrite the loan. They say it has to be fixed and the seller has to fix it. The seller has no funds. Nada. My lawyer suggested I could pay for it and utilize an escrow holdback so the repairs would be done after closing. The bank didn't go for it.&nbsp;<br/><br/>I'm very tempted to just go out to the house this weekend and put a new roof on it. My lawyer would advise against this I'm sure. Is there any precedent for this? I'm guessing I'm at risk that closing could fall through for some other reason and I'm out all the time, effort, and money I spent on putting a roof on a house that I don't yet own. Is there any provision that would cover me? The only other option I'm seeing so far is to start the process all over again with a 203k loan, but that's not a short process and will cost me more in interest and I have to have the repairs done by a certified contractor. Is there any way to override the appraiser's opinion? Per the seller's lender we were supposed to close by August 16. Any "outside the box" solutions would be great! Thanks for listening!<br \><br \>3 replies Thu, 09 Aug 2012 18:57:00 GMT http://www.zillow.com/advice-thread/Should-could-buyer-me-pay-for-repairs-prior-to-closing-on-short-sale/454817/ 2012-08-09T18:57:00Z Seeking improvements on a short sale http://www.zillow.com/advice-thread/Seeking-improvements-on-a-short-sale/442148/ I went looking at homes with my Realtor this last weekend and to my surprise the one I liked best was the lowest priced one, a short sale in need of a little TLC. I've done a little reading on the short sale process and I know that most of these are "AS-IS" and can take some time to process. Here's where it gets weird.<br/><br/>The issue that concerns me most is the leaky roof. It leaks through the wall in the kitchen. Haven't made an offer yet and haven't had a home inspector look at it so I don't know if it can be patched or if the whole roof needs to be replaced. So let's say I put an offer in today and it takes four months to close. What I'm worried about is how much worse that problem could be if rain continues to come in over the next four months.<br/><br/>My loan officer said "please know that if there's an issue with the roof, it will need to be addressed prior to closing in most situations." My Realtor (and research) tells me that most short sale sellers aren't going to put money into a home because they are already selling it at a loss. If my bank won't approve the sale of a house with a leaking roof, does that mean I need to find another bank or another house? Who else is going to be able to buy this house and why wouldn't the bank let me buy it? I plan to use a conventional loan, this is a first time home purchase, and I'll be putting 20% down.<br/><br/>How realistic would it be to offer more (up to the cost of replacing the roof) than asking price with more earnest money than usual to convey the seriousness of my offer, but also stressing how important it is to my lender that the roof isn't leaking? I'm open to other possibilities too. I could probably afford to fix the roof myself with some handy family members after the fact, but like I said, I hate the idea of three of four more months of rain coming in through that wall not knowing how bad it is exactly.<br \><br \>15 replies Wed, 09 May 2012 15:29:00 GMT http://www.zillow.com/advice-thread/Seeking-improvements-on-a-short-sale/442148/ 2012-05-09T15:29:00Z Any idea when the home "more" info., charts, and maps will start working again? http://www.zillow.com/advice-thread/Any-idea-when-the-home-more-info-charts-and-maps-will-start-working-again/435631/ I often have to use Redfin, as their maps and tax info always seem to work. I think its been about 3-4 weeks since I've seen them work on Zillow.<br \><br \>0 replies Sun, 18 Mar 2012 07:01:00 GMT http://www.zillow.com/advice-thread/Any-idea-when-the-home-more-info-charts-and-maps-will-start-working-again/435631/ 2012-03-18T07:01:00Z In a development where units are almost exactly alike, why do you use comps from outside http://www.zillow.com/advice-thread/In-a-development-where-units-are-almost-exactly-alike-why-do-you-use-comps-from-outside/410567/ Our development, Summit Enclave, has 3 bldg styles: Court homes(good quality), Townhomes(better), Ranch Duplexes (best quality).&nbsp; The Duplexes cost, and still sell for, more than the other types of units, but Zillow always uses the other units and old homes outside of the development as comps, resulting in inaccurate valuations.&nbsp; There are only 2 models of duplexes, one having 150 s/f more than the other.&nbsp; There are 86 of these units.&nbsp; The fairest (and easiest) valuation is to use sales/ for sales figures of these units to establish a more accurate valuation.&nbsp; The most recent sales of these units have been $164,000, $145,000, $154,000, but Zillow's valuation is in the low 130s. Please explain<br \><br \>1 reply Sat, 06 Aug 2011 16:06:00 GMT http://www.zillow.com/advice-thread/In-a-development-where-units-are-almost-exactly-alike-why-do-you-use-comps-from-outside/410567/ 2011-08-06T16:06:00Z How can I copy or clone a for sale listing to a for rent listing? http://www.zillow.com/advice-thread/How-can-I-copy-or-clone-a-for-sale-listing-to-a-for-rent-listing/322951/ 1 reply Tue, 09 Feb 2010 12:09:00 GMT http://www.zillow.com/advice-thread/How-can-I-copy-or-clone-a-for-sale-listing-to-a-for-rent-listing/322951/ 2010-02-09T12:09:00Z why is it so much? http://www.zillow.com/advice-thread/why-is-it-so-much/311431/ why is it 162,000.it should be 150,000.<br \><br \>1 reply Mon, 04 Jan 2010 04:42:00 GMT http://www.zillow.com/advice-thread/why-is-it-so-much/311431/ 2010-01-04T04:42:00Z This is not my home listed at this address.10456 Perry Road, DeKalb, IL 60115 http://www.zillow.com/advice-thread/This-is-not-my-home-listed-at-this-address-10456-Perry-Road-DeKalb-IL-60115/268003/ My home is 1/2 mile west of this location.&nbsp; House with pool and barn, south side of road.&nbsp; Your location is wrong.<br \><br \>0 replies Fri, 14 Aug 2009 13:25:00 GMT http://www.zillow.com/advice-thread/This-is-not-my-home-listed-at-this-address-10456-Perry-Road-DeKalb-IL-60115/268003/ 2009-08-14T13:25:00Z Not correct house and land http://www.zillow.com/advice-thread/Not-correct-house-and-land/267758/ 2 replies Thu, 13 Aug 2009 20:01:00 GMT http://www.zillow.com/advice-thread/Not-correct-house-and-land/267758/ 2009-08-13T20:01:00Z is there any pics or prices set up on this house yet http://www.zillow.com/advice-thread/is-there-any-pics-or-prices-set-up-on-this-house-yet/263706/ 0 replies Mon, 03 Aug 2009 01:52:00 GMT http://www.zillow.com/advice-thread/is-there-any-pics-or-prices-set-up-on-this-house-yet/263706/ 2009-08-03T01:52:00Z My house is NOT the one shown! How do I get it changed? http://www.zillow.com/advice-thread/My-house-is-NOT-the-one-shown-How-do-I-get-it-changed/257670/ 2 replies Sat, 18 Jul 2009 12:27:00 GMT http://www.zillow.com/advice-thread/My-house-is-NOT-the-one-shown-How-do-I-get-it-changed/257670/ 2009-07-18T12:27:00Z I have mortgage on house w/2 acres. http://www.zillow.com/advice-thread/I-have-mortgage-on-house-w-2-acres/205719/ I have since bought and own additional adjacent land.&nbsp; Will it matter to the bank if when I <a href="http://www.zillow.com/refinance/">refinance</a> I choose to use the original plot plus all or some of the new adjacent land?<br \><br \>2 replies Mon, 02 Mar 2009 20:59:00 GMT http://www.zillow.com/advice-thread/I-have-mortgage-on-house-w-2-acres/205719/ 2009-03-02T20:59:00Z Address and Street View Mix-Up http://www.zillow.com/advice-thread/Address-and-Street-View-Mix-Up/193988/ Currently the my address and street view has been mixed up with another home.&nbsp; How do you fix this?<br/><br/>For the time being I claimed ownership of both homes.&nbsp; How do I cancel one once the problem is resolved?<br \><br \>0 replies Fri, 30 Jan 2009 05:10:00 GMT http://www.zillow.com/advice-thread/Address-and-Street-View-Mix-Up/193988/ 2009-01-30T05:10:00Z Why are your property sale prices higher that what the propert actually sold for? http://www.zillow.com/advice-thread/Why-are-your-property-sale-prices-higher-that-what-the-propert-actually-sold-for/190051/ Example: 1812 Margaret lane in DeKalb Illinois actually sold for 239,000, your data said it sold for 355,500.<br/>810 N 13th St. in DeKalb Illinois sold for 112,000, your data said 168,000.<br/>733 N 9th St. in DeKalb Illinois sold for 182,000, your data said 274,500.<br \><br \>0 replies Mon, 19 Jan 2009 19:15:00 GMT http://www.zillow.com/advice-thread/Why-are-your-property-sale-prices-higher-that-what-the-propert-actually-sold-for/190051/ 2009-01-19T19:15:00Z The homes on Augusta ave. in Dekalb, IL have spiked in cost? One went from 170,000 to 283,000. Why? http://www.zillow.com/advice-thread/The-homes-on-Augusta-ave-in-Dekalb-IL-have-spiked-in-cost-One-went-from-170-000-to-283-000-Why/186306/ 0 replies Thu, 08 Jan 2009 19:32:00 GMT http://www.zillow.com/advice-thread/The-homes-on-Augusta-ave-in-Dekalb-IL-have-spiked-in-cost-One-went-from-170-000-to-283-000-Why/186306/ 2009-01-08T19:32:00Z What is causing this spike in cost, as most home prices are declining? http://www.zillow.com/advice-thread/What-is-causing-this-spike-in-cost-as-most-home-prices-are-declining/185590/ 0 replies Tue, 06 Jan 2009 22:05:00 GMT http://www.zillow.com/advice-thread/What-is-causing-this-spike-in-cost-as-most-home-prices-are-declining/185590/ 2009-01-06T22:05:00Z What is causing this spike in cost, as most home prices are declining? http://www.zillow.com/advice-thread/What-is-causing-this-spike-in-cost-as-most-home-prices-are-declining/185588/ 0 replies Tue, 06 Jan 2009 22:05:00 GMT http://www.zillow.com/advice-thread/What-is-causing-this-spike-in-cost-as-most-home-prices-are-declining/185588/ 2009-01-06T22:05:00Z home value increases http://www.zillow.com/advice-thread/home-value-increases/160592/ Since the middle of June, the value of my house has risen by over $60,000, at least it has according to Zillow. Why? How can this be when across the nation <a href="http://www.zillow.com/local-info/#metric=mt%3D18%26dt%3D1%26tp%3D5%26rt%3D14%26r%3D102001%2C394913%2C394806%2C394463">home prices</a> have been falling? 200 W. Locust St. DeKalb, Ill. 69115<br \><br \>0 replies Fri, 26 Sep 2008 22:53:00 GMT http://www.zillow.com/advice-thread/home-value-increases/160592/ 2008-09-26T22:53:00Z home value increases http://www.zillow.com/advice-thread/home-value-increases/160591/ Since the middle of June, the value of my house has risen by over $60,000, at least it has according to Zillow. Why? How can this be when across the nation <a href="http://www.zillow.com/local-info/#metric=mt%3D18%26dt%3D1%26tp%3D5%26rt%3D14%26r%3D102001%2C394913%2C394806%2C394463">home prices</a> have been falling? 200 W. Locust St. DeKalb, Ill. 69115<br \><br \>0 replies Fri, 26 Sep 2008 22:52:00 GMT http://www.zillow.com/advice-thread/home-value-increases/160591/ 2008-09-26T22:52:00Z