Foreclosure in Wheaton : Advice

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Laura Gates…, Real Estate Pro in 60187
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 6.39 percent of all loans outstanding at the end of the fourth quarter of… Read more
Blogged Fri Feb 28, 2014 by Laura Gates Keogh Home Selling Foreclosure Property Q&A
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Angela Skurka, Real Estate Pro in Wheaton, IL
Angela Skurka answered:
New at this, is this too low of an offer?
Devan,
These are all very good points. There is no such thing as too low an offer, however, you must do your research. The banks do what they call a BPO on a foreclosed property, and ... more
0 votes Share Flag Thu Dec 12, 2013 Foreclosure in Wheaton
Laura Gates…, Real Estate Pro in 60187
A: Sometimes. But it is a complicated process and a lot will depend on the lender.This process is called a “short sale,” which occurs when a lender agrees to write off the portion of a mortgage… Read more
Blogged Sun Aug 18, 2013 by Laura Gates Keogh Market Conditions Home Buying Foreclosure
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Diane Lynch, Real Estate Pro in Wheaton, IL
Diane Lynch answered:
Lowball offer on foreclosure?
Foreclosures are not always a steal... The banks are in business to make money when they can. They want fair market value whenever possible. They reduce as necessary to move inventory.
0 votes Share Flag Wed Feb 23, 2011 Foreclosure in Wheaton
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