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Brighton Park : Real Estate Advice

  • All10
  • Local Info1
  • Home Buying2
  • Home Selling0
  • Market Conditions0

Activity 4
Fri Feb 21, 2014
Bill J Deligiannis answered:
Leon,

Talk to a Loan Officer in order to get pre qualified. The combination of your income, credit & down payment will determine your ability to qualify.
0 votes 19 answers Share Flag
Wed Oct 2, 2013
Manuel Brown answered:
Hi Dear Renter,

Please see the Chicago Police Crime Map http://gis.chicagopolice.org/ .
0 votes 7 answers Share Flag
Fri Apr 20, 2012
Nicole Haley answered:
Brighton Park is located on the southwest side of Chicag, 6 miles from downtown, and is characterized by the abundance of 2-3 unit buildings. Archer Avenue, originally an old Indian trail known as Plank Road, is the hub of commercial and retail business and is a great direct route to downtown, with buses running on a regular basis. If you drive, I-55 is conveniently close by. Kelly High School is located on California Ave, just south of Archer Avenue and is across the street from Kelly Park. There are a number of parochial schools in the neighborhood, as well as Shields Grammar School. Pope John Paul II visited Brighton Park a number of years ago and celebrated outdoor Mass at Five Holy Martyrs Church. I lived in Brighton Park for quite a long time and am very familiar with this community. If you want to know more about it, contact me at nhaley@dreamtown.com and I'll be happy to share. ... more
0 votes 5 answers Share Flag
Wed Aug 20, 2008
Wayne Beals answered:
You should definitely consult an attorney on how to proceed. I would highly suggest you work with the lender to avoid foreclosure. There are options, you just need to establish communication. I have worked with an attorney who has helped some of my clients out of this jamb with a short sale agreement. Nonetheless, foreclosure should be the least desired solution as the consequences to your credit live for a long time, affecting your future ability to finance anything.

A short sale is an eventuality for some properties. When what the market will yield for a property is not sufficient to payoff the amount due at a closing, a short sale may be the solution. The bank may agree to take less than is owed in order to avoid foreclosure proceedings. In my experience, the outcome is usually much more positive for all parties.

In any event, before you let the property just slip away, you should consult with an attorney who specializes in the process and can help you navigate your way to the best outcome.
... more
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