Doby Sells Homes

Doby Sells Homes Illinois residential real estate broker - Compass

11/15/2025

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North Shore Fine Homes Collection
01/15/2024

North Shore Fine Homes Collection

Just in time for their first Thanksgiving! What are we thankful for this year? First time homeowners! These were such gr...
11/23/2022

Just in time for their first Thanksgiving! What are we thankful for this year? First time homeowners!
These were such great people to work with and I’m so excited for them and their new home🤩

If a home is being sold "as is", what you see is what you get in terms of the condition of the home. Sellers list their ...
06/22/2022

If a home is being sold "as is", what you see is what you get in terms of the condition of the home. Sellers list their homes for sale as-is when they don't want to do any repairs before closing; Meaning there are no guarantees from the seller that everything's in working condition.

Buying a home as is can be great especially if you are wanting to put a lot of work into the home. Typically, you will get these properties at a lower price than others in the area. Money saved on purchasing can be used to update and repair what is needed in the home.

All while it could be a great opportunity, be sure to know what you are getting into with an as is property. There may be structural problems, leaks or other faulty aspects that may not be evident to the eye and can be costly to repair.

Just because there is already a contract ongoing on a home you are interested in, does not mean you have lost the home. ...
06/22/2022

Just because there is already a contract ongoing on a home you are interested in, does not mean you have lost the home. Sometimes a transaction will fall through and in comes a backup offer. A backup offer is made in acknowledgment of an existing offer and ensures a contract with the seller if that first offer falls through. It’s a legally binding contract that, if accepted by the seller, will put you next in line to purchase the home should the first buyer back out. If the original transaction goes through, you would then be released from the contract. Should you no longer be interested in the home, you can rescind your backup offer.

A contingency needs to be met before an offer can proceed so if the home doesn't appraise for the amount you've agreed t...
06/21/2022

A contingency needs to be met before an offer can proceed so if the home doesn't appraise for the amount you've agreed to pay, you can walk away from the deal with your deposit.
With an appraisal contingency, there is the option to waive it. This should be done if it has been discussed with your real estate agent and you feel strongly about it. Additionally, if you are in a competitive market waiving the appraisal contingency can make you stand out to seller.
The home may appraise for less than the agreed upon sale price thus the lender won't approve the loan. In this situation the buyer and seller need to discuss and come to an agreement to hold the deal together.

Happy Father's Day and Happy Juneteenth! I spent the day with my family today and it was a very relaxing day. My wife an...
06/20/2022

Happy Father's Day and Happy Juneteenth! I spent the day with my family today and it was a very relaxing day. My wife and daughter made me breakfast this morning and I was then out to see Top Gun: Maverick with my son. It was another treat to have my son grill for dinner tonight. I felt very loved and appreciated today and the great weather was the icing on the cake. I love being a father and with days like today, I really feel the love ❤️ I hope everyone was able to enjoy the day!

During a home sale, the mortgage lender sends out an appraiser to get a professional opinion of the value of the propert...
06/16/2022

During a home sale, the mortgage lender sends out an appraiser to get a professional opinion of the value of the property; This helps the lender decide if the property is worth the amount of the loan the potential buyer is seeking.
As a seller, there are ways to prepare for an appraisal. Improving curb appeal and updating systems and appliances are two ways to avoid damaging the score of a home.

A conventional home sale can often be a smoother transaction than a non conventional sale however they take longer as th...
06/15/2022

A conventional home sale can often be a smoother transaction than a non conventional sale however they take longer as the buying process has more elements to it. As a seller this type of sale may result in fair market value or more as a home will be in move in ready condition since conventional sales generally include appraisals and inspections which is just as beneficial to the buyer.

Per diems usually come into play at the end of an escrow. Listing agents will often include a per diem penalty clause on...
06/13/2022

Per diems usually come into play at the end of an escrow. Listing agents will often include a per diem penalty clause on the buyer, in the case that they do not close on the date planned. During escrows, per diems are added if the buyer requests a change to the original offer, or an extension of their contingency period. Buyers can also request a per diem from the seller, if they’re the one that is holding up the deal. Per diems are popular with vacant listings, as the seller is incurring a cost for each day that the property sits vacant.

Purchasing real estate often calls for an escrow fund, a special deposit account where funds or deeds are held until the...
06/12/2022

Purchasing real estate often calls for an escrow fund, a special deposit account where funds or deeds are held until the closing is held or other final conditions are met. An escrow holder is the party that holds the funds or deeds; Oversees the escrow account.
The escrow holder is mutually agreed on by all parties in the transaction. A real estate broker may have suggestions to determine an escrow holder.

An origination fee is an upfront fee charged by the lender as a cost of processing a new loan application. These fees wi...
06/11/2022

An origination fee is an upfront fee charged by the lender as a cost of processing a new loan application. These fees will vary but generally are between 0.5% and 1.5% but can go higher than that. In some cases this fee can be negotiated so don't be afraid to ask your lender about an adjusted fee.

Address

814 Dempster Street
Evanston, IL
60202

Telephone

+18474453001

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