Quote from @Valentin Diaz: Hi everyone, I'm posting on here today to see if I can get some guidence.

If it is a primary residence it gets resolved fast, however when is an investment property it is a real pain to get them out. 

But Dylan, knowing how fast-paced the real estate world can be, answered.It was a distressed seller desperate to sell their home immediately.

Quote from @Ritu Mahajan:If I were starting out in Chicago today, I would reach out to @Mark Ainley.

So, I hope you have a speed dialer and a large cup of coffee.If you want low, competitive rates, fast closings and great service, work with a broker. 

In addition due to prop 13, the tax base is a fraction of if it sold today.   

Federal Reserve Bank of Chicago - Points of Interest (p. 6)Federal Reserve Bank of Chicago - ABCs of Figuring Interest (p. 2)Federal Reserve Bank of Richmond - The Federal Reserve Today (p. 14)Federal Reserve Bank of St.

We also have to remind ourselves that real estate is for the long run, meaning a D class neighborhood today could be a B class neighborhood in a few years. 

This will serve as proof of notice sent.I encourage you to do this today. 

Today (one day before closing) (December 5, 2024), my loan officer reached out to me and said a few things came up last minute and we will not be able to close tomorrow--in fact we cannot close at all my the rate lock which ends tomorrow and he cannot extend it.