Chicago and West Suburbs "House Hunters"

HUD  Streamline 203k loan for fixing up a foreclosure or pre-foreclosure home or mixed-use property.  yes, mixed-use property but must be owner occupied and restrictions apply to size of retail storefront's allowable space.Not-for profit entities and government agencies can qualify for the 203K streamline loan too!  Also ...

In a rent to own situation you have to submit credit application and with a good Realtor, negotiate the terms of a rent to own based on current market conditions and a contract w/kick out. Many sellers in this scenario will price the home higher than comps out there just to get contract at or near an average years markup. You also need to ...