Lemont Homes for Sale 5/30/2012

As of today, there are 193 Lemont homes for sale.  There are 3 homes under $100,000, although one looks like it needs to be knocked down.  I have some FHA buyers interested in low prices like these but what they don't understand is that FHA financing will not work with a home that needs a lot of fixing up.  There are FHA 203K loans but they are more costly to a buyer and they are lengthier. Although some banks will deal with them, many won't.  A lot of these homes need to be sold "cash only" because even a conventional loan won't touch them.  These homes are usually for experienced investors/flippers or contractors/builders.

On the other end of the price spectrum is a Frank Lloyd Wright styled home priced at $1,650,000.  It is a 6,500 sq. ft. home that sits on over 7 acres of land backing up to Glen Eagles golf course.  The custom furniture comes with it as it blends well with the architecture of the home.  This is a highly custom house and will not appeal to everyone.  It appears that the home was up for sale for most of 2010 to the first part of 2011 and has just been put back on the market.  It's top price was $1,999,900 so it has taken a price reduction, like most houses have.

If you're interested in Lemont homes or any surrounding suburbs, give Judy Orr a call at 708-536-8200.