East Randolph Street – Call Kristine 312-933-1894

The one bedroom unit at the Park shore has just closed yesterday for $220,000 without a parking space. This unit 1907 is overlooking at the new designer lake shore east park, it has great views of the grand park and the Buckingham fountain. I was at the closing for over 4 hours. The delay is due to the new change of the RESPA which does not allow the title company to attach a list of the cost under line 1102, but the lender required that for closing as otherwise, they are afraid of not able to resell the loan on the secondary market. After waiting for more than an hour with managers talking to managers, they have agreed to prepare a list but does not call it an attachment:-)

We are so glad that we get to close the unit, it is not the seller or the buyers’ fault, only current rules. So my recommendation is to find a mortgage broker, not going to a bank to ask to get a loan, it is very difficult these days.