Foreclosure in Plainfield : Real Estate Advice

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Bill Hayes, Home Buyer in Naperville, IL
Bill Hayes asked:
Will this home be auctioned?
0 votes Share Flag Wed Mar 30, 2016 Foreclosure in Plainfield
Michael Sims, Real Estate Pro in Joliet, IL
Michael Sims answered:
I am going into foreclosure anyday now. can i hire attorney to help me negotiate keys for cash deal. I need some time 6 months. to plan my move and
Your best bet is to engage a foreclosure defense attorney. I recommend Steven Saporta at 815-741-9400. He is one of the most aggressive litigators I have encountered in 35 years. Once y ... more
0 votes Share Flag Mon Mar 25, 2013 Foreclosure in 60586
Michael Sims, Real Estate Pro in Joliet, IL
Michael Sims answered:
Foreclosure served, how much time do I have to get out in kendall county,illinois
Your best bet is to engage a foreclosure defense attorney. I recommend Steven Saporta at 815-741-9400. He is one of the most aggressive litigators I have encountered in 35 years. Onc ... more
0 votes Share Flag Mon Mar 25, 2013 Foreclosure in 60586
Michael Sims, Real Estate Pro in Joliet, IL
Michael Sims answered:
any ideas to help me stay longer in this home to save money if i cant modify.?
Valerie, If you are not eligible for a HAMP modification then you are probably eligible for a short sale program. You would have to apply for the program and submit paperwork As long ... more
0 votes Share Flag Mon Mar 25, 2013 Foreclosure in 60586
Michael Sims, Real Estate Pro in Joliet, IL
Michael Sims answered:
Do I have to move out on the day of the Sheriff Sale?
In Illinois you have 30 days from the date of the Sheriff Sale to redeem your mortgage in full. So if you have the cash to pay it off go ahead and do so. Sounds simple enough right? ... more
0 votes Share Flag Mon Mar 25, 2013 Foreclosure in 60586
mjschulm, Other/Just Looking in Plainfield, IL
mjschulm answered:
foreclosure about 9months in illinois, after sheriff sale does fha give csh for keys amount
Valerie,

Deallen's explanation is only partially correct. It all depends on the county, but once a house has been sold at auction whether to 3rd party or back to the bank, the prior ... more
0 votes Share Flag Sun Nov 11, 2012 Foreclosure in 60586
Inaas Arabi, Real Estate Pro in Naperville, IL
Inaas Arabi answered:
I am a co-signor on a home where the primary owner filed for bankruptcy. Should I hang on or let it forclose?
Hello Tsue1619,

thanks for using Trulia.com to get answers to your questions.

when you co-sign for anything you are taking on the same financial responsibilities as the people y ... more
0 votes Share Flag Tue Jul 31, 2012 Foreclosure in Plainfield
Grif8003, Home Owner in Plainfield, IL
Grif8003 answered:
Due to my current home being in foreclosure, will I have a hard time trying to rent a home?
What kind of home are you looking for? My townhouse is up for rent! If you are interested please contact me! Griffin8003@yahoo.com!!!
0 votes Share Flag Fri Jul 27, 2012 Foreclosure in Plainfield
Junior Godin…, Real Estate Pro in Downers Grove, IL
Junior Godinez answered:
can you tell me if the property at 2309 country ridge drive,plainfield,illinois 60586 has been sold?
we'll That property hasn't been listed yet but it is showing Lis Pendens, foreclosure should be in process once as soon as it comes to the market i will let you know no prob ... more
0 votes Share Flag Mon Nov 14, 2011 Foreclosure in Plainfield
Sanja Stinson, Real Estate Pro in IL,
Sanja Stinson answered:
I am interested in homes owned by Deutsche Bank National Trust Company for residence of 16764 Hazelwood Dr. Plainfield, IL
Research you request property and it looks as it the Hazelwood address has not completed the full foreclosure process and is currently not listed. Often time it could be in the redempt ... more
0 votes Share Flag Thu Sep 22, 2011 Foreclosure in 60586
Michael Cline,  in Chicago, IL
Michael Cline answered:
HUD closing issues! Am I alone here?
Maggie,

Your attorney should've been involved in this matter a long time ago. Also, ask your lender to make a phone call. The more phone calls the better, as this will show th ... more
0 votes Share Flag Wed Jun 22, 2011 Foreclosure in Plainfield
Philip C. Gl…,  in Downers Grove, IL
Philip C. Gleason answered:
Fannie Mae countered our offer this morning
I can understand the Realtor being uncomfortable he/she has a fiduciary responsibility to the bank that hired them to sell the property.

I have had a deal working since 01/09/10 and ... more
0 votes Share Flag Wed Sep 22, 2010 Foreclosure in 60585
Inaas Arabi, Real Estate Pro in Naperville, IL
Inaas Arabi answered:
If you purchase a foreclosure, does the original taxes stay on the house or do the taxes change due to price drop?
Dear Berry,

although I do agree with both previous posts, I want to take it a step further, please call your township assessor and find out how THEY calculate the property taxes the ... more
0 votes Share Flag Sun Sep 12, 2010 Foreclosure in Plainfield
Inaas Arabi, Real Estate Pro in Naperville, IL
Inaas Arabi answered:
Does anyone know what lists I should sign up w/for REO cleaning in IL or if there's a list for the REO agents/brokers?
Ez4u, thanks for your question and using Trulia.com to find out answers to your questions...

As for the list... what people are reffering too is to get on the approved vendor list o ... more
0 votes Share Flag Sun Sep 12, 2010 Foreclosure in Plainfield
Deb, Home Buyer in Naperville, IL
Deb answered:
Have a REO home we are putting an offer in on, and its vacant in 60585 credit score is 692 . How long will it take between offer, and response time?
We got a counter offer, but no answer back on our decision to stick with our original offer! I hope to GOD we hear something by tomorrow at the latest, as we were told.
0 votes Share Flag Wed May 12, 2010 Foreclosure in 60585
Vivian Janka…, Real Estate Pro in Schererville, IN
Vivian Jankauskis answered:
I am interested in bidding on a VA-owned property in foreclosure. I have been told by the listing agent "the VA does not pay typical and
VA is the same as most bank owned properties. They will not pay for many things such as surveys, termite inspections etc. However if you are mortgaging and they agree to pay closing ... more
0 votes Share Flag Mon Dec 14, 2009 Foreclosure in Plainfield
Angela Sarge…, Real Estate Pro in Austin, TX
Angela Sargent answered:
I put a cash offer in on a REO property that was already asking for a best and highest offer.
Kginqt13-Thanks for answering back. It sounds like you've done all your homework. I would still say if that is the highest you were comfortable offering, given the known repairs, ... more
0 votes Share Flag Wed Sep 9, 2009 Foreclosure in Plainfield
Keith Manson-…,  in Milwaukee, WI
Keith Manson- Metro Milwaukee Wisconsin answered:
Foreclosure And Credit Report
A foreclosure is a foreclosure. Just because the bank has resold the property to offset their loss has nothing to do with your credit report. You need to start working on clean up you ... more
0 votes Share Flag Fri Jun 26, 2009 Foreclosure in Plainfield
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