Foreclosure in Roselle>Question Details

Carol, Both Buyer and Seller in 60172

I would like to find out how much a house in Roselle IL was purchased for in a foreclosure in 2006?

Asked by Carol, 60172 Wed Oct 17, 2007

I ended up buying this house from a guy who bought my sister's house in foreclosure. He was evicting my sister and her two little girls, so I bought the house in Sept. of 2006. I'm sure I paid way too much back then.

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Answers

6
Hi Carol:

Unfortunately, the tax records do not reflect what the investor paid for it in the foreclosure. The deed to you shows an investment company and a man as Grantor, you as Grantee, and it shows what YOU paid for it.

However, in reviewing the sales for the year 2006 in Roselle, the averages were in the low to high $200's and higher, depending, of course, upon the style of house, size, number of bedrooms/baths, etc, so you may not have paid too much, depending upon the specifics of this home.

I don't think you should worry what the man paid for it, because it's really irrelevant. What is more important is that you paid market value for the home, and I assume that is what you wish to know.

It's easy to do a quick view of comparable homes sold in the months surrounding 9/2006, but more details are required. Unfortunately, though the tax records usually reflect the type of house and sq. footage, and even number of bedrooms, this record is incomplete. Looking at today's sales would be futile, as prices have gone down since you purchased the property, so if you want to know that you paid a fair price THEN, only the sales from that time period should be reviewed.

If you want to give me more details, I can do a quick view for you.

Email me: ppereyra@kw.com
1 vote Thank Flag Link Thu Oct 18, 2007
I can tell you any thing about 38 Terry drive roselle. My father died of cancer in that house and I'm the son/victim of my mom not being able to make the payments. If you need more info. Contact me @ mjbsafe@gmail.com

I also know what was the original price on the unit and appraisal info
0 votes Thank Flag Link Mon Jun 21, 2010
Hi Carol: Your really a nice sister, wow! Are you trying to find out if you made a good investment or not? You may only need a quick study of the comparable homes that are selling to find out what its market value is today. I can provide you with this information if you'd like. 708-203-0335
Web Reference: http://JoanCraneHomes.com
0 votes Thank Flag Link Sun Apr 13, 2008
Find out what the transfer stamps paid were and then you'll know.
0 votes Thank Flag Link Fri Mar 28, 2008
patti,
It's 30 W. Turner in Roselle IL
0 votes Thank Flag Link Thu Oct 18, 2007
Hi Carol:

Give me the address and I can look it up for you.
0 votes Thank Flag Link Wed Oct 17, 2007
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