Zillow Advice RSS: Discussion,All Real Estate Advice Topics,Naperville- IL http://www.zillow.com/advice/Naperville-IL/all/discussion/ Zillow Advice search results | Zillow Real Estate Best family neighborhoods in Naperville? http://www.zillow.com/advice-thread/Best-family-neighborhoods-in-Naperville/26787/ <p>We're relocating to Naperville and are looking for advice on neighborhoods.&nbsp; Our price range is $600K-$800K and we're looking for neighborhoods with lots of kids, good schools and friendly neighbors.&nbsp; We'd like a neighborhood where the neighbors interact and have community bbqs, etc.&nbsp; We're also trying to avoid a "keep up with the Joneses" type neighborhood.</p><p>&nbsp;</p><p>Thanks!!</p><br \><br \>8 replies Mon, 31 Mar 2008 16:48:00 GMT http://www.zillow.com/advice-thread/Best-family-neighborhoods-in-Naperville/26787/ 2008-03-31T16:48:00Z Post closing - Purchase agreement terms violation by seller http://www.zillow.com/advice-thread/Post-closing-Purchase-agreement-terms-violation-by-seller/407146/ <p>Anyone faced a situation where a house has been closed and there are pending things to be done and per the agreement the seller has 30 days to complete the work however he does not and delays it.<br/><br/>Is the seller in violation of the contract and if so what are the penalties that a buyer can levy.<br/><br/>Any thoughts would be helpful.</p><br \><br \>9 replies Wed, 13 Jul 2011 00:48:00 GMT http://www.zillow.com/advice-thread/Post-closing-Purchase-agreement-terms-violation-by-seller/407146/ 2011-07-13T00:48:00Z Home Improvement http://www.zillow.com/advice-thread/Home-Improvement/515784/ I have an out of state buyer interested in updating his new home.&nbsp; Anyone have a home improvement specialist they would recommend.<br \><br \>3 replies Fri, 18 Oct 2013 15:44:00 GMT http://www.zillow.com/advice-thread/Home-Improvement/515784/ 2013-10-18T15:44:00Z Chicago Land Chapter 7 BK: Very Unique Situation, looking for a mortgage http://www.zillow.com/advice-thread/Chicago-Land-Chapter-7-BK-Very-Unique-Situation-looking-for-a-mortgage/495477/ In Feb of 2012, we were discharged in a Chapter 7 BK. &nbsp;We were sued, lost in court and were ready to appeal, we were advised that rather then fight to pursue chapter 7. &nbsp;<br/><br/>Normally we wouldnt have qualified but owning a business we had a very heavy year involving multiple office leases.<br/><br/>In the BK we affirmed everything and have zero credit card debt going into it. &nbsp;We reaffirmed our home, cars.&nbsp;<br/><br/>1.5 years later, my middle credit score is right around 700. &nbsp;We have plenty of equity in our home now and have a decent cash reserve. &nbsp;We are considering do we try to find a credit union or bank that will lend to us now. &nbsp;Which will probably entail a a little higher rate and 20% down &nbsp;or will we qualify next Feb to go FHA at 3.5% down at a better rate.<br/><br/>Your opinions are appreciated and advice on lenders would be very helpful.<br \><br \>1 reply Wed, 05 Jun 2013 01:42:00 GMT http://www.zillow.com/advice-thread/Chicago-Land-Chapter-7-BK-Very-Unique-Situation-looking-for-a-mortgage/495477/ 2013-06-05T01:42:00Z Ashwood Park,Naperville builders and experiences http://www.zillow.com/advice-thread/Ashwood-Park-Naperville-builders-and-experiences/386422/ <p>Is it adivsable to go with&nbsp;a reputed builder such as TollB, Pulte etc or is it worthwhile to go with a small time unknown local builder ?<br/><br/>I am in a strange situation where I saw a nexus between a realtor from a reputed real estate agency who works offside with a small time builder for commissions and leaves the purchaser at the mercy of the builder when it comes to negotiations or protecting the purchasers interests.<br/><br/>After the spending a few months of ups and downs with the builder, hindsight, it appears that this builder has very ambigious way of dealing and is not upfront in laying out what is&nbsp;standard and what is not and in the process one&nbsp;ends up&nbsp;with huge list of upgrades thus increasing the costs. Upon approaching the realtor it apperas she wants to stay away from the deal.<br/><br/>I was wondering if there is any recourse of better way of dealing with this situation.<br/><br/><br/><br/></p><br \><br \>5 replies Sun, 13 Feb 2011 13:11:00 GMT http://www.zillow.com/advice-thread/Ashwood-Park-Naperville-builders-and-experiences/386422/ 2011-02-13T13:11:00Z Credit authorization http://www.zillow.com/advice-thread/Credit-authorization/463056/ <p class="MsoNormal">I applied for mortgage and authorized lender to check my credit. <strong>I wrote on authorization that it is valid for next 20 days.</strong> Are they allowed to pull credit after 20 days? I live in Illinois. My loan is approved and closing would be by end of year. It is new construction home and I was supposed to approve by builders lender before they start construction. &nbsp;I might look for another lender for comparison.</p><!--[if gte mso 9]><xml> <m:mathPr> <m:mathFont m:val="Cambria Math"/> <m:brkBin m:val="before"/> <m:brkBinSub m:val="&#45;-"/> <m:smallFrac m:val="off"/> <m:dispDef/> <m:lMargin m:val="0"/> <m:rMargin m:val="0"/> <m:defJc m:val="centerGroup"/> <m:wrapIndent m:val="1440"/> <m:intLim m:val="subSup"/> <m:naryLim m:val="undOvr"/> </m:mathPr></w:WordDocument></xml><![endif]--><!--[if gte mso 9]><xml> </xml><![endif]--><!--[if gte mso 10]><style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-style-parent:""; line-height:115%; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-bidi-font-family:"Times New Roman";}</style><![endif]--><br \><br \>3 replies Sun, 07 Oct 2012 17:48:00 GMT http://www.zillow.com/advice-thread/Credit-authorization/463056/ 2012-10-07T17:48:00Z Sell Your Home Fast: Five Tips To Get A Fast Sale! http://www.zillow.com/advice-thread/Sell-Your-Home-Fast-Five-Tips-To-Get-A-Fast-Sale/436181/ The process of selling your home can be a stressful and time-consuming event.&nbsp; Getting a quick sale at the right price is the goal of any homeowner. Here are a few simple tips to getting that sale fast and at the price you want.<br/>Hire A Real Estate Expert&mdash;This may be obvious, but many people still need to be convinced that hiring a professional to handle the sale of their most valuable asset is important.<br/>Get The Price Right&mdash;Knowing the fair market value of your home and getting advice on pricing it right will pique buyers' interest will net you a faster sale.&nbsp; Again, a qualified agent can help make this determination.<br/>Have A Marketing Plan&mdash;Knowing how to effectively market your property means more people will see your home, and so you increase the potential of attracting that perfect buyer.<br/>Consider Offering Incentives&mdash;Offering incentives can be just the drive a potential buyer needs to select your property over the competition.&nbsp; Incentives may include major appliances, an allowance for worn carpet or paint, or paying some of the buyer's closing costs.<br/>Clear the Clutter&mdash;A neat, tidy, and well-presented home is always more appealing to buyers.&nbsp; It is also a great way to get rid of items you don't want to take with you to your new home.<br \><br \>1 reply Thu, 22 Mar 2012 06:13:00 GMT http://www.zillow.com/advice-thread/Sell-Your-Home-Fast-Five-Tips-To-Get-A-Fast-Sale/436181/ 2012-03-22T06:13:00Z Home Value Error http://www.zillow.com/advice-thread/Home-Value-Error/427264/ My home value is artificially low on and must be corrected as I prepare to sell my home. &nbsp;I have tried emailing and calling Zillow to discuss, but no response. &nbsp;I need assistance to understand what is wrong. &nbsp;This is not an effort to just increase my home value, its a clear error as my single family home is valued far less than the adjacent town homes. &nbsp;<br \><br \>21 replies Sat, 31 Dec 2011 16:56:00 GMT http://www.zillow.com/advice-thread/Home-Value-Error/427264/ 2011-12-31T16:56:00Z How do I block the Zillo Zestimate as my house is a luxury home and the values are much higher http://www.zillow.com/advice-thread/How-do-I-block-the-Zillo-Zestimate-as-my-house-is-a-luxury-home-and-the-values-are-much-higher/417462/ 2 replies Wed, 28 Sep 2011 21:19:00 GMT http://www.zillow.com/advice-thread/How-do-I-block-the-Zillo-Zestimate-as-my-house-is-a-luxury-home-and-the-values-are-much-higher/417462/ 2011-09-28T21:19:00Z Zestimate algorithm http://www.zillow.com/advice-thread/Zestimate-algorithm/407371/ I think the new algorithm is seriously flawed.&nbsp; In our neighborhood alone a&nbsp;townhome listed for $299,900 is shown as worth $319,000&nbsp; - more than almost any other house. One that recently sold for $325,000 shows as worth $290,000. Our townhome dropped in value from $355,000 to $305,000 in a matter of one month. Our realtor thinks it would actually sell for $325,000 and would list it at $340,000.&nbsp; I don't know what the algorithm uses and how it weights different factors.&nbsp; The old one valued too high and the new one values like an appraiser would - meaning 10% under valued. I do not think it is a good barometer of what a house would sell for.<br \><br \>0 replies Thu, 14 Jul 2011 17:24:00 GMT http://www.zillow.com/advice-thread/Zestimate-algorithm/407371/ 2011-07-14T17:24:00Z Great homes in Naperville Illinois for under $200,000 http://www.zillow.com/advice-thread/Great-homes-in-Naperville-Illinois-for-under-200-000/400632/ With this being the 'busy' buying season, do not hesitate to take action and find your dream home!&nbsp; Right now the MLS has great homes listed for under $200,000 in great family oriented neighborhoods.&nbsp; Naperville, Warrenville, Yorkville Illinois are offering single family homes at super values, don't hesitate and miss out.<br \><br \>0 replies Thu, 26 May 2011 17:09:00 GMT http://www.zillow.com/advice-thread/Great-homes-in-Naperville-Illinois-for-under-200-000/400632/ 2011-05-26T17:09:00Z short sell? http://www.zillow.com/advice-thread/short-sell/361758/ Where can i find agents who can assist me in a short sell of my property?<br/><br/><br/>can anyone&nbsp;provide&nbsp;a&nbsp;list/website ..<br/><br/><br/><br/>thanks<br/><br/><br \><br \>7 replies Wed, 11 Aug 2010 19:34:00 GMT http://www.zillow.com/advice-thread/short-sell/361758/ 2010-08-11T19:34:00Z 3411 Scottsdale http://www.zillow.com/advice-thread/3411-Scottsdale/354279/ 3411 Scottsdale Ct, Naperville, IL<br/><br/>This house currently has multiple liens (check the Will county website) and the sellers have been unable to close prior deals at the $525K price and higher.&nbsp; Ask your realtor to look for prior contracts on this property and identify the resolution of those prior contracts.<br \><br \>0 replies Thu, 17 Jun 2010 19:47:00 GMT http://www.zillow.com/advice-thread/3411-Scottsdale/354279/ 2010-06-17T19:47:00Z How did buyers find the home they purchased in 2009? Must read for all sellers! http://www.zillow.com/advice-thread/How-did-buyers-find-the-home-they-purchased-in-2009-Must-read-for-all-sellers/353175/ <p align="center"><strong><u>Frequency of use of different information sources</u></strong></p><p style="text-align: center;"><strong>Internet</strong><br/><strong>76% frequently</strong><br/>13% occasionally<br/>10% rarely or not at all</p><p style="text-align: center;"><strong>Real Estate Agent<br/>68% frequently</strong><br/>19% occasionally<br/>13% rarely or not all&nbsp;</p><p style="text-align: center;"><strong>Open House</strong><br/>12% frequently<br/>34% occasionally<br/><strong>54% rarely or not at all</strong></p><p style="text-align: center;"><strong>Print Newspaper Advertisement<br/></strong>11% frequently<br/>29% occasionally<br/><strong>60% rarely or not at all</strong></p><p style="text-align: center;"><strong><u>Usefulness of Information Sources</u></strong></p><p style="text-align: center;"><strong>Real Estate Agent</strong><br/><strong>81% very useful<br/></strong>16% somewhat useful<br/>2% not useful</p><p style="text-align: center;"><strong>Internet<br/>77% very useful<br/></strong>22% somewhat useful<br/>Less than 1% not useful</p><p style="text-align: center;"><strong>Open House<br/></strong>10% very useful<br/>25% somewhat useful<br/><strong>66% not useful</strong></p><p style="text-align: center;"><strong>Print Newspaper Advertisement</strong><br/>2% very useful<br/>14% somewhat useful<br/><strong>84% not useful</strong></p><p style="text-align: center;"><strong><u>Where Buyers Found the Home They Purchased</u></strong></p><p style="text-align: center;"><strong>Real Estate Agent 36%<br/>Internet 36%<br/></strong>Yard Sign/Open House Sign 12%<br/>Print Newspaper Advertisement 2%</p><p>All information above was found in the National Association of Realtors Profile of Home Buyers in Sellers 2009.</p><br \><br \>6 replies Tue, 08 Jun 2010 18:44:00 GMT http://www.zillow.com/advice-thread/How-did-buyers-find-the-home-they-purchased-in-2009-Must-read-for-all-sellers/353175/ 2010-06-08T18:44:00Z Incorrect information http://www.zillow.com/advice-thread/Incorrect-information/347208/ Why ZIllow.com produces incorrect price information? It seems like the estimate is made by Zillow is exactly like Financial market which is based upon the estimates not the facts.<br \><br \>2 replies Mon, 26 Apr 2010 16:17:00 GMT http://www.zillow.com/advice-thread/Incorrect-information/347208/ 2010-04-26T16:17:00Z Home Sales Jump More Than 8 Percent in West, South Suburbs http://www.zillow.com/advice-thread/Home-Sales-Jump-More-Than-8-Percent-in-West-South-Suburbs/279022/ <div align="left"><p><em>August Marks Third Straight Month of Year-to-Year Increases<br/> DOWNERS GROVE, Ill. - Sales of single-family detached homes went up 8.6 percent in August compared with the same period a year ago, according to statistics released today by the Mainstreet Organization of REALTORS&reg; (MORe), indicating the third consecutive monthly increase.<br/><br/> "We're definitely seeing many first-time homebuyers take advantage of the various economic incentives available to them," said Mike Drews, President of MORe, and the Designated REALTOR&reg; of Charles Doss, REALTORS&reg;, in the Aurora and Oswego areas. "There was a 9.4 percent increase in homes sold in the summer months of June, July and August in 2009 compared to the same period in 2008."<br/><br/>In DuPage County, home sale activity was highest in Addison (225 percent increase from a year ago); Downers Grove (36 percent); Glendale Heights (170 percent); Lombard (100 percent); and Villa Park (57 percent).<br/><br/>In addition, the number of homes under contract (but not yet closed) in the same West and South Suburban Chicago area was 52 percent higher than a year ago, the ninth consecutive month of year-to-year growth in pending sales.<br/><br/>There were standout increases in homes under contract in several suburban communities, particularly in Addison (350 percent increase from a year ago); Bensenville (1,400 percent); Glen Ellyn (65 percent); Maywood (210 percent); Melrose Park (400 percent); and Naperville (39 percent).</em></p></div><br \><br \>0 replies Tue, 15 Sep 2009 14:42:00 GMT http://www.zillow.com/advice-thread/Home-Sales-Jump-More-Than-8-Percent-in-West-South-Suburbs/279022/ 2009-09-15T14:42:00Z Good news in real estate! Can you believe it? http://www.zillow.com/advice-thread/Good-news-in-real-estate-Can-you-believe-it/276071/ I have some good news to report in local real estate! I know it is hard to believe but it is true! Below are current statistics for single family homes that are under contract for sale. Under contract means that an offer has been accepted by the seller but has not closed yet. The number of homes under contract for August 2009 is up compared to August 2008! Way up! This is great news! Recovery may be on the way!&#12288;<br/><br/>MAINSTREET ORGANIZATION OF REALTORS<br/>August 2009 UNDER CONTRACT for Detached Single Family<br/><br/><strong>NAPERVILLE</strong><br/>2009=139<br/>2008=100<br/><strong>+39.0%<br/></strong><br/><strong>PLAINFIELD</strong><br/>2009=127<br/>2008=90<br/><strong>+41.1%</strong><br/><br/><strong>AURORA<br/></strong>2009=156<br/>2008=98<br/><strong>+59.2%<br/></strong><br/><strong>OSWEGO</strong><br/>2009=33<br/>2008=21<br/><strong>+57.1%</strong><br \><br \>11 replies Sun, 06 Sep 2009 16:04:00 GMT http://www.zillow.com/advice-thread/Good-news-in-real-estate-Can-you-believe-it/276071/ 2009-09-06T16:04:00Z Can I get an FHA loan? http://www.zillow.com/advice-thread/Can-I-get-an-FHA-loan/264691/ I am a teacher<br/>Earned 47k last year<br/>Credit score 735<br/>Zero credit card debt, no car payment or anything besides....<br/>40k in student <a href="http://www.zillow.com/mortgage/">loans</a> at 5% (they are in deferment for the next 2 years while I am in grad school...from reading in the forum, this may or may not be included in my DTI?&nbsp; I live in IL if that helps)<br/>I have 13k in the bank (can get gifted another 5k more if it is necessary)<br/>House I would like is 160k, $4200 taxes, no association fees.<br/><br/>Should I be okay?&nbsp; Any tips to better my chances, I am nervous about being turned down due to my student <a href="http://www.zillow.com/mortgage/">loan</a> debt?<br \><br \>3 replies Wed, 05 Aug 2009 06:16:00 GMT http://www.zillow.com/advice-thread/Can-I-get-an-FHA-loan/264691/ 2009-08-05T06:16:00Z Am I able to refi? http://www.zillow.com/advice-thread/Am-I-able-to-refi/228935/ First <a href="http://www.zillow.com/mortgage/">mortgage</a> is <a href="http://www.zillow.com/5-1_ARM_Mortgage_Rates/">5/1 ARM</a> with Citi at $264K&nbsp;with&nbsp;5.21% &nbsp;and HELOC is $70K.&nbsp; Zillow estimates <a href="http://www.zillow.com/local-info/">value of house</a> at 306K.&nbsp; Is there any chance I would be able to refi?&nbsp; Primary residence in IL.&nbsp; Thanks for the advice.<br \><br \>3 replies Tue, 28 Apr 2009 21:29:00 GMT http://www.zillow.com/advice-thread/Am-I-able-to-refi/228935/ 2009-04-28T21:29:00Z my current home value, now what? http://www.zillow.com/advice-thread/my-current-home-value-now-what/197405/ Now that Zillow had decided that our entire community of over 150 beautiful townhomes in one of the <u>most desired towns in all of America</u>, is now worth so little, because of 2 out of the last 3 sales, I cannot even <a href="http://www.zillow.com/refinance/">refinance</a> my home anymore. Why is my home worth so little, when 2 people who sold recently, just up and left, and didn't care about taking a loss? (can I say forclosure?). My home recently had amazing home improvements and most guests walk in and say "wow", but according to Zillow, if&nbsp; I were to list my home,at their value, no one would even give my entire community a second look! Thanks Zillow. I know you're proud of your accomplishments, but we are not impressed.<br \><br \>1 reply Mon, 09 Feb 2009 16:47:00 GMT http://www.zillow.com/advice-thread/my-current-home-value-now-what/197405/ 2009-02-09T16:47:00Z