Foreclosure in Illinois : Advice

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Bill J Delig…, Real Estate Pro in Chicago, IL
Bill J Deligiannis answered:
You send me emails for zip code60637,60653, nd 60615 but I cannot view. Do you have a free listing.?? millie785@netzero.com
A Realtor can send you listings for free and assist you with this process of finding a home. If you are looking to purchase, make sure you are preapproved by a lender.
0 votes Share Flag Wed May 9, 2012 Foreclosure in 60637
Bill J Delig…, Real Estate Pro in Chicago, IL
Bill J Deligiannis answered:
You send me emails for zip code60637,60653, nd 60615 but I cannot view. Do you have a free listing.?? millie785@netzero.com
Greetings Millie,

A Realtor can assist you with this process of finding properties in specific neighborhoods.
0 votes Share Flag Fri May 18, 2012 Foreclosure in 60637
Eli Givoni-S…, Real Estate Pro in Boca Raton, FL
Eli Givoni-Short Sale Dept LLC answered:
Can the bank go after my wife's assets if I forclose or short sale my home?
If the note is only in your name, then you are the only one that will be affected. You can short sale your property, and keep foreclosure off your credit.

Yes, your wife can buy a ... more
0 votes Share Flag Thu Apr 3, 2014 Foreclosure in 60504
Jay, Home Owner in 60085
Jay asked:
I want to work for banks that need foreclosed homes cleand I have all the tool's that i needed to winterize a house!!I have truck and trailer!!Lawn mower's .a crew of ppl .But i want to go right to the source ..Im sick of being the mi...
0 votes Share Flag Thu May 3, 2012 Foreclosure in 60085
Tony Guisto, Real Estate Pro in Chicago, IL
Tony Guisto answered:
first time buyer
Hi Zekhu,

It may be cheaper on the inital purchase but it may turn out to be more expensive if repairs/updates are needed. Plus if yoiu have not done, know how to or have family/fri ... more
0 votes Share Flag Thu May 3, 2012 Foreclosure in Chicago
Dan Tabit, Real Estate Pro in 98074
Dan Tabit answered:
Seller wants buyer to pay past HOA fees and legal fees
Lisa,
It means you need more information before you can make an offer. Accepting a blank check obligation isn't reasonable for you or anyone. The listing agent, Title Company or HOA ... more
0 votes Share Flag Thu May 3, 2012 Foreclosure in Dupage County
Philip Sencer, Real Estate Pro in Chicago, IL
Philip Sencer answered:
propert became reo in jan, agency have recvd lease but will not contact us with new lease, , ? how do i protect myself as tenant?
You cannot really protect yourself. The new owner needs to honor an existing lease if it expires 3 months from when they take over the propery. Then they can evict you. If you are on a ... more
0 votes Share Flag Sun May 6, 2012 Foreclosure in Chicago
Mary Bremer, Real Estate Pro in Dupage County, IL
Mary Bremer answered:
can i look this home?
Hello Tina - Your question - "Can I look at this home:" - doesn't have any other content so I am not sure of the address. Feel free to send me the link via email at Mary@MaryBremer.com ... more
0 votes Share Flag Wed May 2, 2012 Foreclosure in Willowbrook
Philip Sencer, Real Estate Pro in Chicago, IL
Philip Sencer answered:
I am in the process of foreclosing in Illinois and I no longer want the property..I was served my legal papers..do I still need to file an appearance?
You might want to speak with an attorney or accountant aboutt the overall consequences of the foreclosure, but lots of people do not bother to show up. Have you thought about a short sa ... more
0 votes Share Flag Tue May 1, 2012 Foreclosure in Chicago
Mary Bremer, Real Estate Pro in Dupage County, IL
Mary Bremer answered:
When I encounter a foreclosure on trulia, is there a way to get more info (at least the address) without going thru the realtytrac paywall?
Bill - Realtytrac is kind of a pain. It will give basic info about a home that may be in foreclosure, but many times that home may never become available. I work with investors and ... more
0 votes Share Flag Tue May 1, 2012 Foreclosure in 60185
Suzanne Hami…, Real Estate Pro in Orland Park, IL
Suzanne Hamilton answered:
Are buyers responsble for back association fees on an REO?
Usually not, but that is negotiated as part of the contract. But most banks I have dealt with will prorate the fees.
0 votes Share Flag Sun Apr 22, 2012 Foreclosure in Chicago
Lucid Realty, Real Estate Pro in Chicago, IL
Lucid Realty answered:
Short Sale purchase from GMAC - any recent experiences?
Hi,

I had a client a few years ago who had a mortgage with GMAC. They were the fastest, most organized bank I've dealt with to date. We had an approval within days.
0 votes Share Flag Sat Apr 21, 2012 Foreclosure in Chicago
Stanley Diaz, Real Estate Pro in North Hollywood, CA
Stanley Diaz answered:
Is now a good time to flip a house paid for with cash?
Now is the time to buy and hold.
0 votes Share Flag Sun Mar 31, 2013 Foreclosure in 60030
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
what is an inactive foreclosure?
If it was in the foreclosure process and went inactive as far as being foreclosed then the owner has stalled the process which means it could be saved by the owner or it has hit a snag ... more
0 votes Share Flag Wed Apr 11, 2012 Foreclosure in Chicago Heights
Barbara Foy, Real Estate Pro in 60610
Barbara Foy answered:
In my building, there are 2 foreclosed units. How can I contact the banks so they pay the assessments?
If your association has an attorney contact him. This is your best bet.
0 votes Share Flag Mon Jan 27, 2014 Foreclosure in Chicago
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Closing on a foreclosure in April, title free and clear. The owners are still there and don't seem to be moving. How can remove them?
This question can best be answered by your attorney, therefore consider a consultation as it is highly advisable that the current owners be out by closing day....
0 votes Share Flag Tue Apr 3, 2012 Foreclosure in Chicago
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
I am interested in a forclosure property. How do I go about buying it?
Work with an agent of your own, he/she will be your best guide. If purchasing with a mortgage, be aware that a mortgage pre-approval letter is required in order to determine your price ... more
0 votes Share Flag Mon Mar 12, 2012 Foreclosure in Park Ridge
Lorrie Feld, Real Estate Pro in Scottsdale, AZ
Lorrie Feld answered:
can i sign a quit claim deed on my house that is in foreclosure?
If you change title to a home, it does not change title on the loan. So someone else would have their name on the deed , but you would still be liable for the money owed on it. Since th ... more
0 votes Share Flag Sat Mar 10, 2012 Foreclosure in Stanford
Shanna Rogers, Real Estate Pro in Murrieta, CA
Shanna Rogers answered:
how do i view a property?
Hi faithopeace,

Have your Realtor contact the Listing Agent if an appointment is needed. If no appointment is needed and there is a lockbox, your Realtor can take you.

Shanna Rog ... more
0 votes Share Flag Wed Mar 28, 2012 Foreclosure in 60607
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