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Mike Opyd

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AgentTeam

48 Recent Sales (last 12 months)

Broker with The Matt Laricy Group (8 years experience)

Specialties:
Buyer's Agent,
Listing Agent,
Foreclosure,
Consulting

Advice

  • (257 Contributions,
  • 1 Best Answers,
  • 22 Helpful)

Contributions are sorted newest to oldest.

Can I do rent with option to buy?

Answer

Yes you can use your ow agent its just going to be tough to find something like this. rent with option to buy are very rare here.

  (0)
Not using an agent to buy a condo just owner to buyer? What should I even offer versus the asking?

Answer

Find an agent to help you out. Its free to use an agent and they can help show you what the true market value of the property is. If the seller is not using an agent they likely do not have a realistic idea of what the property is worth. Its common for for sale by owners to price their properties to high based off what ever they can find online and not take into account other factors like condition.

  (1)
How much money to put down if plan is to sell in 5-7 years

Answer

Down payment is really irrelevant when it comes to resale. Its whatever amount you can afford and what amount you feel the payments are the most affordable for you. The more you can put down the stronger you look as a buyer. The West Loop is the hottest market in Chicago right now so the better you can position yourself for offers the better your chances of getting a place.

  (0)
Fees for listing on zillow

Answer

Zillow is a free site to use. If your property is on the MLS it will automatically show up on here. 

  (1)
Should I sell my house if we owe more than its worth?

Answer

If your personal situation will be better off with you selling now thats what I would do. Yes it sucks to take a loss but you will make gains off buying now in a market that will be on its way up for a while. Plus with interest rates stating to climb waiting could really cost you in a few years. A lot more than if you made your move. 

  (0)