Foreclosure in Chicago : Questions & Answers

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Erik Sachs, Real Estate Pro in Chicago, IL
Erik Sachs answered:
i am interested in property owned by deutsche bank national trust in chicago il
Contact an agent (one of the individuals on this question), give them the address and they can set up a search for you so will know when/if it hits the market.

Erik Sachs
RpV Reallt ... more
0 votes Share Flag Sat Nov 3, 2012 Foreclosure in 60607
James P. Mic…, Real Estate Pro in 60605
James P. Michaels answered:
i recently applied for a short sale on my home and was accepted it is on the market and has a offer.The bank recently sent a broker to look at my home
A BPO stands for "broker price opinion," and it involves using a process very similar to an appraisal.
Companies hire a real estate broker to prepare an opinion of value. The represent ... more
0 votes Share Flag Thu Nov 1, 2012 Foreclosure in 60629
Joanna Weiss, Real Estate Pro in Chicago, IL
Joanna Weiss answered:
i would like info on a fannie mae home at 1924 w. webster st. spfld,mo; is there pictures and what is the price owed or asked
We are a Community Bank. We do financing for Fannie Mae owned properties. Joanna 773-327-3580.
0 votes Share Flag Mon Oct 29, 2012 Foreclosure in Chicago
Terrance Bak…, Home Buyer in 60618
Terrance Bakowski answered:
i have a not so good credit can i get section8
Maria got it almost right, the website you want is WWW.THECHA.ORG.
But don't hold your breath, 'section 8', now called HCV or home-choice voucher,
doesn't appear to be a viable solut ... more
0 votes Share Flag Sat Oct 20, 2012 Foreclosure in 60621
Greg Zajdel, Real Estate Pro in 60004
Greg Zajdel answered:
Are lenders normally fair with commissions for short sales?
commision is set per investor's guidelines, GSEs pay 6%, private investors-lender's portfolios -can go down to 3%,
0 votes Share Flag Thu Oct 18, 2012 Foreclosure in Chicago
Brian, Both Buyer and Seller in Chicago, IL
Brian answered:
How do i find out if a house im looking to purchase has any violations?
Hi Christina,

If it were me I'd have my guy Mark the attorney who's really really good at that kind of thing, not only will he check out the violations for you but he can close the d ... more
0 votes Share Flag Wed Oct 10, 2012 Foreclosure in Riverdale
Jose Hernand…, Real Estate Pro in Chicago, IL
Jose Hernandez answered:
I need a lawyer to help me with the mortgage
Lisa,

Unfortunately many folks are having the same problem, facing foreclosure. Depending on your situation and who your lender is, you may qualify for relocation assistance. Not s ... more
0 votes Share Flag Thu Sep 13, 2012 Foreclosure in Chicago
Hilary Pender, Real Estate Pro in Chicago, IL
Hilary Pender answered:
when purchasing a REO homepath property,can family live in house?
If you are unable to occupy the residence, Homepath is not the answer for your purchase needs.
You are required to sign a statement attesting to the fact that you will occupy the home ... more
0 votes Share Flag Tue Sep 11, 2012 Foreclosure in Chicago
Joe Schiller, Real Estate Pro in Chicago, IL
Joe Schiller answered:
How do you do a lien search on a foreclosed property in Chicago? If your purchasing a REO property are all liens cleared at close?
the person who is providing the money will want a clean title
0 votes Share Flag Fri Sep 7, 2012 Foreclosure in 60655
Steven Wright, Real Estate Pro in Chicago, IL
Steven Wright answered:
Possibly foreclosing in Chicago, live in California - is my husband protected if he isn't on my mortgage?
go to this site and view the videos --> http://chicagolandshortsale.com/
0 votes Share Flag Thu Sep 6, 2012 Foreclosure in Chicago
Michael Vrie…, Real Estate Pro in Lincoln Park, Chicago,...
Michael Vrielink answered:
So how do I find out more about these condos ??? Do I really have to join Realty Trac??
Odds are very slim that the homes you see on Realty Trac will be purchasable or viewable at this time, they tend to start advertising homes that are *very* early in the foreclosure proc ... more
1 vote Share Flag Wed Sep 5, 2012 Foreclosure in Chicago
Brandon Kurd…, Real Estate Pro in Chicago, IL
Brandon Kurdziel answered:
IS 1939 PALMGREN DR. GLENVIEW TO BE AUCTIONED
Yes, it is scheduled for the first week of September 2012. Are you the current tenant or an interested buyer? This is a different kind of auction than most buyers are accustomed to. I h ... more
0 votes Share Flag Thu Aug 30, 2012 Foreclosure in Chicago
RSEROD, Home Buyer in Chicago, IL
RSEROD answered:
Got a Notice of Hud Relief Pursuant to Hud ML 2000-10 Courtesy of Rentention Services. Need to know if this is a Scam Please help?
I've just been had if thats the case!!! I also received a paper and then an application to fax back to them. With of course, MONEY... Now that I have been trying to call them because I ... more
0 votes Share Flag Wed Aug 22, 2012 Foreclosure in Chicago
Joe Schiller, Real Estate Pro in Chicago, IL
Joe Schiller answered:
my house is going up for auction in Sept. how much time do I have after that? if sold or if not sold
what are you waiting for..get on with your life..sitting there for any reason is a bad idea
0 votes Share Flag Fri Aug 17, 2012 Foreclosure in Chicago
Laura Rivera, Real Estate Pro in Chicago, IL
Laura Rivera answered:
How can I buy a Fannie Mae property?
Hello Anne,

Feel free to call me to discuss. I would be glad to help and provide info on the process.

773-750-4311
laura100rivera@yahoo.com
0 votes Share Flag Thu Aug 16, 2012 Foreclosure in Chicago
Bill J Delig…, Real Estate Pro in Chicago, IL
Bill J Deligiannis answered:
My house is going up for auction next month, what happens if it winter season? would we still have to vacate the property in the middle of winter?
By law, whoever the new owner is will have to give you proper notification. They may even offer you $$$ in order for you to give them the keys and move out in a prompt fashion.
0 votes Share Flag Thu Aug 16, 2012 Foreclosure in Chicago
Joe Schiller, Real Estate Pro in Chicago, IL
Joe Schiller answered:
What are my financial responsibilities regarding a short sale or foreclosure and PMI insurance? Purchase price was $186K.
you are responsible for everything until bank says your not
0 votes Share Flag Mon Aug 13, 2012 Foreclosure in Chicago
Bernadine Gu…, Home Owner in Chicago, IL
Bernadine Guthrie asked:
Bernadine Guthrie The house you have on your site listed at 7359 S. Indiana does not show up on the cook county assessors website the correct address should be 7353 S. Indiana Chicago, IL 60619 pin # 20-27-115-018-000…
0 votes Share Flag Mon Jul 23, 2012 Foreclosure in 60619
Anthony Cast…, Real Estate Pro in Chicago, IL
Anthony Castillo answered:
i am trying to buy a foreclosed or reo home in chicago for cash and i cant find a reputable realtor any suggestions
What is your definition of a reputable realtor? Do you even know what that means? How many realtors have you consulted with or better yet where and how have you been searching them ou ... more
0 votes Share Flag Thu Jun 28, 2012 Foreclosure in Chicago
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