Foreclosure in Chicago : Advice

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Jack Schlenk, Real Estate Pro in Chicago, IL
USPAP - Uniform Standards of Professional Appraisal PracticeDid your Real Estate Appraisal meet the Standards?The Financial Institution Reform, Recovery & Enforcement Act of 1989 requires USPAPcompliance… Read more
Blogged Sun Apr 20, 2014 by Jack Schlenk Home Buying Home Selling Foreclosure
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eon, Home Buyer in Hollywood, FL
eon answered:
Any feedback on CREDENCE LAW GROUP?
I have an appointment with the state attorney office about this company and how it scam people out of their money. I had several people including several people from the law enforcemen ... more
1 vote Share Flag Sat Apr 19, 2014 Foreclosure in Chicago
Newman-Mitri…, Real Estate Pro in Near North Side, Chi...
Newman-Mitrick RE Group answered:
My landlord had stopped paying her mortgage, but I have been paying her every math, now the bank wants me to pay them what should I do?
It's likely the previous owners lender will give you 3 options:

1) Enter into some sort of lease agreement with them
2) Accept cash for keys (this is where they give you money to m ... more
0 votes Share Flag Wed Apr 16, 2014 Foreclosure in 60616
Mark Malave,…, Real Estate Pro in 60626
Another REO listed property sold to one of my great buyer clients! Appraised for over the purchase price, so they walk-in with a little equity. If you are looking to save some $$$ and buy a property feel… Read more
Blogged Thu Mar 27, 2014 by Mark Malave, Buyer's Agent Home Buying Foreclosure In My Neighborhood
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Bill J Delig…, Real Estate Pro in Chicago, IL
Bill J Deligiannis answered:
Who is responsible for damage to common areas when a pipe bursts in an apt that is currently in process of being foreclosed?
Is there only 1 owner for the building or are these condos?

Is there an association?
Is there insurance?

If so the association should take care of this by making an insurance cla ... more
0 votes Share Flag Thu Mar 27, 2014 Foreclosure in 60657
Jack Lewitz, Real Estate Pro in Chicago, IL
Jack Lewitz answered:
I'd like a realtor who handles lots of foreclosures. We'd like to buy a condo in or around Lakeview.
I am a five star REO red book certified listing agent and can assist you in your purchase of a foreclosure property .
0 votes Share Flag Sun Mar 23, 2014 Foreclosure in Chicago
Mark Malave,…, Real Estate Pro in 60626
Well, I have run into an interesting situation. I have a client who put in an offer for a condo foreclosure (REO). Now the bank has asked TWICE for highest and best offers. I'm not sure where this is heading… Read more
Blogged Thu Mar 13, 2014 by Mark Malave, Buyer's Agent Home Buying Foreclosure In My Neighborhood
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Peter Burke,…, Real Estate Pro in Chicago, IL
Valuable Fraud Prevention Tips for Homebuyers and HomeownersMarch is Fraud Prevention Month. Canada Mortgage and Housing Corporation (CMHC) has consistently been a leader in the fight against mortgage… Read more
Blogged Wed Mar 12, 2014 by Peter Burke, SFR Home Buying Home Selling Foreclosure
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Michael Rose…, Real Estate Pro in 60654
Michael Rosenblum answered:
My mom refinance her house in 2008 and put my name as second in the title.. How can take my name off of it?
Contact your attorney to easily remove your name. Let us know if you need some recommendations.
0 votes Share Flag Sun Mar 9, 2014 Foreclosure in Chicago
Manuel Brown…, Real Estate Pro in 60640
Manuel Brown (312) 600-5710 answered:
Anybody need help doing rehab on homes ?
Josue,

You are doing a good thing by participating on Trulia. Is you would like to send our office more information please feel free to email me manuelbrown@chicagoresourcebroker.co ... more
1 vote Share Flag Fri Mar 7, 2014 Foreclosure in Chicago
Bill J Delig…, Real Estate Pro in Chicago, IL
Bill J Deligiannis answered:
what is the adress for this house?
Work with a Realtor to have access to accurate and reliable info
0 votes Share Flag Fri Mar 7, 2014 Foreclosure in Humboldt Park
Bill J Delig…, Real Estate Pro in Chicago, IL
Bill J Deligiannis answered:
What is the best way to contact an owner in pre-foreclosure? And what's the best way to get a dialog started?
Knock and the door and/or send a letter and then take it from there.
0 votes Share Flag Thu Feb 27, 2014 Foreclosure in Chicago
ARLENE WIGGI…, Real Estate Pro in Chicago, IL
ARLENE WIGGINS answered:
buying a forclosure with cash why does fannie mae (fannie mae is the seller) want to know what other properties I own ?
Fannie Mae offers owner occupant buyers first opportunity to purchase. Afterwards, the bid is open to investors. If you state you are owner occupant buyer, you must reside in the proper ... more
0 votes Share Flag Fri Feb 21, 2014 Foreclosure in Ashburn
Manu Kapoor, Real Estate Pro in Queens, NY
Foreclosures Rise in January RealtyTrac released its U.S. Foreclosure Market Report for January, 2014. The report noted an 8% ┬áincrease of reported properties from the previous month, citing 124,419 properties… Read more
Blogged Sun Feb 16, 2014 by Manu Kapoor Home Buying Home Selling Foreclosure
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Evelyn Fred -…, Real Estate Pro in Chicago, IL
Evelyn Fred - (773) 981-2005 answered:
My lender has been charging me escrow despite my having a waiver and never missing a payment resulting in a seven year foreclosure case.
This is not something you should attempt to resolve on your own....get a real estate attorney involved, hopefully it's not too late.
0 votes Share Flag Fri Feb 14, 2014 Foreclosure in Chicago
Steven Johns…, Real Estate Pro in 60611
Steven Johnson answered:
I'm looking for a realtor to help me find foreclosures and list my properties. anderson01@ameritech.net
I would recommend going online & you are in the perfect spot with Trulia. There are plenty of websites that will refer agents to you but that is no assurance of quality. The agents they ... more
0 votes Share Flag Mon Jan 27, 2014 Foreclosure in Austin
Noah Seidenb…, Real Estate Pro in Evanston, IL
I am not talking about making a better offer on a house for sale here folks. There is a scam going around where a thief will steal the home you own or have a mortgage on. It is happening and in Illinois… Read more
Blogged Sat Jan 25, 2014 by Noah Seidenberg Crime & Safety Foreclosure Property Q&A
Mack Alsaidi, Real Estate Pro in Chicago, IL
Mack Alsaidi answered:
Im ready to purchase south campbell I can be reached at 773-470-9657
Find an agent whom specializes in that area to better assist you.
0 votes Share Flag Wed Jan 22, 2014 Foreclosure in Gage Park
Rusty Payton, Real Estate Pro in Chicago, IL
Every foreclosure case is different, but in Illinois, lenders must file a judicial foreclosure action to take your home. This process forces the mortgage lender to file a formal lawsuit, which is many… Read more
Blogged Tue Jan 21, 2014 by Rusty Payton Home Buying Foreclosure Property Q&A
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Rusty Payton, Real Estate Pro in Chicago, IL
Bank of America is back in the news for causing more home foreclosure havoc, according to sources following its activities. The bank has reportedly engaged in widespread efforts to circumvent the requirements… Read more
Blogged Tue Jan 21, 2014 by Rusty Payton General Area Financing Foreclosure
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