financing a condo: How to Avoid Unwelcome Surprises When Buying a Chicago-Area Condominium or Townhome - 05/16/14 02:21 AM
 
How to Avoid Unwelcome Surprises When Buying a Chicago-Area Condominium or Townhome  

     One issue that has cropped-up often throughout the time I've been a Mortgage Lender (and continues to do so routinely) surrounds the question ...
     Is the property I'm purchasing really a Condominium ... or is it a Townhome?   
      Just last night, the question came up one more time.  My client, who had been told they were purchasing a Townhome, is in fact buying a Condominium.

     The Legal Description of the property proves it is a Condominium.  The tax Permanent … (8 comments)

financing a condo: Looking to Buy a Condominium? What You Need to Know - 03/17/14 07:21 AM
 
Looking to Buy a Condominium?  
What You Need to Know
     If you're presently in a house hunt, or even just dabbling with the idea of buying a home, you've probably done some research and run across multiple articles regarding the current Mortgage Process ... and its challenges ... 
     You've probably also heard that you'll be asked to submit plenty of documentation regarding your finances (savings, credit/debt), employment, down payment ability, and more to meet lending requirements.  And that the home your hoping to buy will need to pass muster (via an Appraisal) with your Lender as … (60 comments)

financing a condo: How to Determine if You're Viewing a Condominium or Townhome - 04/12/13 03:32 AM
 
How to Determine if You're Viewing a  Condominium or Townhome  
     Townhome ... or Condo??  
     What are the differences between the two?  And what do those differences mean to you now ... and in the future ... should you be an Owner or are thinking of becoming one?  And what should you do, if an Agent and asked to represent a Buyer or Seller of a Condominium?  
     Fact is, you can't tell the difference between a Condo and a Townhome just by looking at them.  It's not style, design, or physical characteristics … (12 comments)

 
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience (NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656) Rainmaker large

Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi

708.921.6331 - 40+ yrs experience

New Lenox, IL

More about me…

NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656

Address: Gene Mundt, Mortgage Originator c/o American Portfolio Mortgage Corp., 318 Alana Drive, New Lenox, IL, 60451

Mobile: (708) 921-6331

Office: (815) 524-2280

Email Me



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