For this issue’s Ask a Lender Column, Brian Weis, vice president of mortgage lending for Guaranteed Rate, answers a number of questions posed by Chicagoland Realtors in a variety of locations. Q: What is HVCC and how will it

OSWEGO – $1,350,000 Co-op commission – 3%-$125 This 7.75-acre secluded wooded estate known as Dove Hill is located on the banks of the Fox River in Oswego and features two residences and a barn. The 5,000-square-foot main house has

By Dione Spiteri The new Home Valuation Code of Conduct (HVCC) was established by Fannie Mae, Freddie Mac and the Federal Housing Finance Agency. In short, the HVCC sets forth a series of guidelines that govern appraisal-related activity among

CO-OP COMMISSION 2.5% This four-bedroom, five-and-one-half-bathroom home sits on nearly 7,000 square feet of space. The home has solid cherry trim, walnut floors and a gourmet kitchen with a granite island and Viking appliance package. There is a first

CO-OP COMMISSION – 2.25%/1.25%/1% Nestled on a quiet cul-de-sac, this home is set on more than an acre of park-like property. The floor plan features a marble foyer and a kitchen adjoining the family room. A two-sided fireplace is

CO-OP COMMISSION – 3% This two-bedroom, two-bathroom condominium is located in the third and final phase of Optima Old Orchard Woods. The Optima Old Orchard Woods condominium community is along the North Shore, and was designed by nationally acclaimed

LAKE FOREST – $3,295,000 Co-op commission: 2.25/1.75/1.25-$225 Set behind a security gate down a long driveway, this stone and slate residence sits on a 1.7-acre site. This home, formerly belonging to ex-Bulls player Ben Wallace, has eight fireplaces, a

GOLD COAST – $773,900 Co-op commission 2.5%-$200 Newberry Plaza, at 1030 N. State, is in the heart of the Gold Coast neighborhood and is surrounded by restaurants, boutique shopping and entertainment. Newberry Plaza is a full amenity building with

2.25%-$150 This five-bedroom, four-and-three-half-bathroom custom ranch home sits on a one-acre lot overlooking a pond and tall pines. The kitchen has custom cabinets, granite countertops and Viking, Sub-Zero and Fisher Paykel appliances, including a refrigerator/freezer convection center. The open

CO-OP COMMISSION – 2.5% – $150 This 8,300-square-foot custom-built home sits on 4.75 professionally maintained partially wooded acres. The five-bedroom home was reduced from $1.5 million, and features two media rooms and a finished English basement with a wine

CO-OP COMMISSION 2.5%-$200 This single-family home on a double lot has a finished basement with radiant floors. From the basement there is a walkout to a 4,000-square-foot side yard with no alley. Located in Lincoln Park, this contemporary four-bedroom,

CO-OP COMMISSION: 2.25%, 1.75%, 1.25% – $150 Located on a private winding lane, this home has three en-suite bedrooms and a master suite with direct access to the rooftop patio. The gourmet kitchen features custom cabinetry, granite countertops and

STREETERVILLE – $542,500 Co-op commission 2.5% This condominium is available inside of ParkView Condominiums, a contemporary high-rise in Streeterville. The building is located at the west end of MCL’s new two-acre park. The unit is a split two-bedroom, two-bathroom

SUGAR GROVE – $469,900 Co-op commission 3%-$200 This five-year-old duplex has four bedrooms and three and one-half bathrooms. The home has a gourmet kitchen with maple cabinets, stainless steel appliances, granite countertops and maple floors. All of the bedrooms

LIBERTYVILLE – $525,000 Co-op commission: 2.5% – $150 This turn-of-the-century farmhouse has been renovated to combine modern amenities with the materials of yesteryear. Period pieces include wide-plank hardwood flooring with oak hand-crafted inlays, original stained glass windows and a

For this issue’s Ask a Lender Column, Randy Thomas, sales manager for Guaranteed Rate’s Oak Brook office, answers a number of questions posed by Chicagoland Realtors in a variety of locations. Q: Why is it that when I refer