10 Things You Must Know Before Buying a Condo in Chicago

👉 Subscribe to our FREE bi-weekly newsletter here - fueled-2.ck.page/e2ee0629f2
🏡 Ready to Start the Buying/Selling Process? - forms.gle/1LydNLHBEynYRfDh9
☎️ Schedule a Real Estate Strategy Call here: calendly.com/jordanpyle/real-...
So you have decided to move to Chicago. Well before you do, stop right there and watched this video. Because we're going to be going over specifically, 10 Things you MUST know before buying a CONDO in Chicago!
#chicago #livinginchicago #movingtochicago
If you have any questions or topics you'd like us to cover in future videos, please leave a comment below. Your feedback is important to us, and we're here to help you navigate the Chicago real estate market with confidence.
Hope this is helpful, reach out with any questions and share this video with fellow Chicago house hunters to help them avoid these costly mistakes, and leave your questions or comments below. Happy house hunting!
Don't forget to like, comment, and subscribe to stay connected with the coolest updates on Chicago's real estate scene. Let's get started! 🏙️🌆🏠
--
🤔 Thinking of Moving to Chicago?
📱Call or Text: [phone]
📧 Email: [e-mail]
--
🏡 Ready to Start the Buying/Selling Process? Get in touch with our team TODAY.
*Need to BUY: forms.gle/1LydNLHBEynYRfDh9
*Need to RENT: forms.gle/376qGTobaJXFrAu57
🖇️ Resources:
📍Our Google Business Profile: bit.ly/3IoZWGZ
🔦 Search for Chicago Properties here: bit.ly/3igxdta
👀 Search for Neighborhood Guides here: bit.ly/3VS03ho
☎️ Schedule a Real Estate Strategy Call here: bit.ly/3GJJNuh
**Most stats and data mentioned came from the following sites and are not based on our opinions:
🎓 Best Schools: bit.ly/3GJNzUt
🌆 More About Chicago: bit.ly/3GIePTA
📊 Neighborhood data: www.niche.com
💥FOLLOW me on my SOCIAL MEDIA:
- UA-cam: bit.ly/3WSNNOM
- Instagram: bit.ly/3X6CEd2
- Facebook: bit.ly/3igtvje
- LinkedIn: bit.ly/3CstVtI
-
Jordan Pyle
Real Estate Agent
_____________________________
#movingtochicago #livinginchicago #chicago #chicagorealestate #chicagorealtor #chicagoliving #relocatingtochicago
00:00 - Intro
00:17-1:54 - Intro to Buying a CONDO in Chicago
01:55-3:56 - ASSOCIATION FEES/HOA DUES
03:57-5:20 - SPECIAL ASSESSMENT
05:21-6:07 - RULES AND REGULATIONS
6:08-7:51 - AMENITIES
7:52-9:59 - RESELL VALUES
10:00-11:36 - LOCATION
11:37-12:41 - BUILDING RESERVES
12:42-13:18 - FINANCING
13:19-14:10 - COMPETETIVE MARKET
14:11-14:56 - HIRE AN EXPERIENCED REALTOR/LENDER
14:57-15:57 - DIFFERENT STRATEGIES
15:58-16:50 - Wrap Up

[@ChicagoRealEstateAgent]

Feel free to let me know what other questions you have about BUYING or SELLING in Chicago down in the comments!!

[@dbion1]

Hello, great video! Currently renting in the West Loop and lease expires this July. Need your advice if buying is smart this year versus renting due to interest rate.

[@ChicagoRealEstateAgent]

@@dbion1shoot me an email at [e-mail] and we can set up a time to chat over the phone to see if buying makes sense for you this year or not

[@TrainsFerriesFeet]

I'm moving to NYC when I retire, but doggone Chicago is so inexpensive, I'm tempted.

[@aaddwwaann]

Thanks for the video. This is exaclty what I need! More videos like this please. Maybe talk about home buy process in Chicago for condos and all the types of tax decuctions for first-time home buyers?

[@ChicagoRealEstateAgent]

Thanks for the feedback, I will be sure to work on more of this type of content :)

[@wwbaker3]

Raised my eyebrows what I mistakenly thought you said, "...like what kind of GIRLS you can have on your patio" 😂

[@ChicagoRealEstateAgent]

Ha GRILLS :)

[@anniew.7761]

When browsing condos, how can I check the "rules and regulations" document? It doesn't seem to be listed online.

[@ChicagoRealEstateAgent]

Hi, thanks for your question. Unfortunately this document doesn't become available until being under contract when you will have 5 business days to review and approve condo documents which includes the rules and regs. If you have specific questions as it pertains to a specific building feel free to email me at [e-mail] and I'd be happy to track down as much info for you as I can!

[@Davidchendavid]

Love your channel, you got a new sub, I’m #350 :)

[@gley1670]

How does one find condos in for example Ukrainian Village, that allow short term rentals? Is that on the MLS?

[@ChicagoRealEstateAgent]

Very difficult to find without doing some manual leg work. There isn't a way to filter for short term rentals so we as agents have to call ahead to the owner or listing agent and see if the building HOA allows. MOST buildings in Chicago are NOT Airb&b friendly however they do exist, but more so in smaller more boutique buildings.

[@gigamedia1786]

Hello, your form is down when trying to fill it out.

[@ChicagoRealEstateAgent]

Thanks for letting us know! Feel free to email [e-mail] with questions you have!