Foreclosure in 60653 : Advice

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MarkusAIC, Real Estate Pro in Chicago, IL
MarkusAIC answered:
Because the condo association owes the water company $50,000, foreclosured properties bought will not be in the purchaser's name, who
This doesn't even make sense. My guess is you believed the sales pitch / hype and didn't bother to do your homework. This sounds like one of those 'it's a great deal ... more
0 votes Share Flag Fri Sep 23, 2011 Foreclosure in 60653
Christopher.…, Real Estate Pro in Chicago, IL
Christopher.Thomas answered:
Hi my name is Susie. I wanted to know about renting a condo/townhome that is in preforeclosure.
Dear Susie,

There are a lot of uncertainties around the decision you're considering making. I'd suggest to you that there are many, many other rental options available to ... more
0 votes Share Flag Thu Jun 9, 2011 Foreclosure in 60653
Ron, Real Estate Pro in Chicago, IL
Ron answered:
I recently searched on the foreclosure databases and saw a REO property that I am interested in. Its owned
Well, the bank can legally always reject your offer. But with the way things are now in the real estate market, it is not likely that they will, unless your offer is for 10 cents on the ... more
0 votes Share Flag Tue Oct 13, 2009 Foreclosure in 60653
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