NW Chicago housing market decline

[middle-aged mom]

Originally Posted by bluescityleon

a realtor is trying to get the highest price, they are required by law.If you have a lot of cash, low ball .

The listing agent is working for the seller and strives to get the best prices and terms for his/her client.

A buyer's agent has a fiduciary responsibility to the buyer and strives to get the best deal for his/her client.

Cash is always king because it eliminates the uncertainty of financing.

[home shopper 2009]

Good to know ... how about the buyers agent - should they be working for us to help us get the best deal possible? Our agent has told us that it's gotten slower again which will work to our advantage. We'll have nothing to sell, cash in the bank & can offer a quick close! Music to a sellers ears.

[home shopper 2009]

We have noticed major differences in the taxes. Cook county where it's lower seems to have ridiculous HOA fees; guess that's the trade off - someone has to pay for the upkeep. I've noticed some townships w/in Lake county that have lower tax rates & therefore the taxes compete with Cook County - anything to be aware of there?
We looked at a house in Kildeer - taxes were $22K - OUCH!
No kidding about the high end homes in S Barrington - they look like hotels! I'm looking for a modest home in an upscale or good value neighborhood - you know the saying "better to be the smallest house in the nicest neighborhood than being the biggest"

[home shopper 2009]

Need contractor referrals ASAP - we are new to the area and are under contract on a house in Lake Barrington - inspector revealed some issues and need a roofer, electrician, plumber & HVAC professional to estimates. please refer anyone you have used and trust enough to recommend.

thanks!!

[middle-aged mom]

Originally Posted by home shopper 2009

Need contractor referrals ASAP - we are new to the area and are under contract on a house in Lake Barrington - inspector revealed some issues and need a roofer, electrician, plumber & HVAC professional to estimates. please refer anyone you have used and trust enough to recommend.

thanks!!

Your agent should be able to help you out with referrals of tried and true professionals.

Regardless, I'll send you contacts via PM.

[middle-aged mom]

(Responded to old post)