In pre forclosure for 112000 Nothing in the area has sold for this

Asked by Me, Chicago, IL Fri Jul 26, 2013

this price when the home is in pre-forclosure

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Evelyn S. Fr…, Agent, Chicago, IL
Tue Jul 30, 2013
What is your question?

Are you asking that if the selling price is higher than sold comps should you offer the asking amount? That will depend on condition (versus previous sales) and if anyone else is interested. it's possible a cash buyer would want it more than you and be willing to pay the asking price.

Bottom line, this property sold as you can see from the link you provided from Trulia.

Work with a buyers agent to get you up to date information. Start with any of the ones that responded to your inquiry right here on Trulia. Most buyers agents are at no charge to you and bring a wealth of knowledge and experience to assist you with a smooth transaction.

Good luck!
0 votes
Bill J Delig…, Agent, Naperville, IL
Mon Jul 29, 2013
Work with a Realtor to assist you in further analyzing this property.
0 votes
Manuel Brown, Agent, Chicago, IL
Mon Jul 29, 2013
The price is correct. I am sure one of us can assist you.
0 votes
Joe Schiller, Agent, Chicago, IL
Mon Jul 29, 2013
that is correct so what do you want to do about it?
0 votes
Olthoff Shar…, Agent, Chicago, IL
Sat Jul 27, 2013
Please feel free to contact me directly at 773-451-1229. We can discuss your concerns and get questions answered by the right professionals.
0 votes
Philip Sencer, Agent, Chicago, IL
Sat Jul 27, 2013
Not sure what your question is, but have a few agents do a market analysis to see what the value might be. They do not charge for it
0 votes
Matt Laricy, Agent, Chicago, IL
Fri Jul 26, 2013
This doesnt appear to be on the market right now.
0 votes
tony spagnol…, Agent, Lombard, IL
Fri Jul 26, 2013
The idea is to get a contract in as fast as you can to the bank ! 3 years ago the bank wanted to see market timing and back up offers this no longer applies . By the way you no longer own the property if you have missed more than 3 payments .
Do your self a favor and price it to bring a offer to the table .

Good Luck
0 votes
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