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Buying A Condo In Chicago. Although a conventional condo mortgage is easier to obtain than an fha or va home loan to purchase a condo, fha loans are still widely used by first time condo buyers in chicago. 5 faqs about buying a new construction condo in chicago.
How long does it take to buy a condo? There is also the draw of all the amenities and things to do in the loop area. Buying real estate in chicago is a big decision.
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Despite this fact, condominium values are climbing, yet mortgage rates continue to decline for condo buyers. Buying a condo in chicago. Many condos allow units to be rented out, but have rules such as the minimum length of leases. According to some of chicago's top real estate agents, here are six things to consider before buying a condo in chicago.