The Downtown Apartment Market Will Return

After a year of slowdown, the downtown apartment market is finally showing signs of return. Rental prices are going back up, as is the demand for apartments. How the Apartment Market Changed in the Last Year   The last year saw an increase in rental vacancies, with downtown Chicago’s overall apartment occupancy having reached a … Continue

The Biden Administration’s Expected Impact on Foreclosures and Real Estate

Joe Biden's election and foreclosures

Following the instability of the former administration, experts have high hopes for the Biden administration. While some changes, such as the extension on the eviction and foreclosure moratorium, are obvious, others remain to be seen. Overall, experts predict that the real estate market should benefit from the stability that the Biden administration will bring. The … Continue

The Most Important Things to Consider When Buying Foreclosures in Chicago for Investment

The Most Important Things to Consider When Buying Foreclosures in Chicago for Investment

Buying foreclosures in Chicago can be a sound investment strategy, but you need to know how to take advantage of these opportunities. Before buying any Chicago foreclosures, there are some important things to keep in mind about the process in general and the property in particular. Foreclosures vs. Pre-Foreclosures You should consider whether you want … Continue

A Letter to Investors

Probidder letter to investors during COVID19

For the past 10 years, Probidder has been providing Chicagoland professionals with time-saving resources and money-saving services that are paramount to success in the foreclosure auction market. Through our dedication to ensuring convenience and dependability, we’ve inadvertently cemented a service that is crucial to this time: client safety.  From the title search and analysis to … Continue

You + Probidder: How to Ensure Long Term Investment Success – Part Two

The one true key to being successful in real estate, whether as an investor, broker, or agent, is fully understanding the neighborhood you’re looking to do deals in. Since Probidder takes care of all the research and provides full auction services, all you need to do is understand the neighborhoods.  Here are the top three … Continue

You + Probidder: How to Ensure Long Term Investment Success – Part One

You already know that the Probidder team loves to help you find the perfect Chicago foreclosure investment property, but why stop there? Here are our top 3 tried-and-true ways to improve your property value! 1. Functional While having the biggest house on the block will certainly increase property value, you also need to keep in … Continue

Probidder’s Guide to Understanding the Foreclosure Process

Buying a property at foreclosure can be a steal of a deal if you know where to look and how to go through with the purchase. Since Illinois is a judicial state, investing in a foreclosure property needs to be done in phases. No matter the stage of foreclosure, the biggest advantage for an investor … Continue

Probidder’s Tips on Protecting Your Investments: Title Insurance and Why You Need It

Questions about insurance is something I come across quite often with Probidder clients when dealing with investments on foreclosures and bank owned homes around Chicago. This week I’ll be explaining why title insurance is an absolute must-have. Let’s take a look at what title insurance is and what it protects. First and foremost, yes you can absolutely obtain … Continue

Probidder’s Chicago 2020 Real Estate Investment Forecast

There’s no doubt that 2020 is going to be a very interesting year globally. A presidential election here in the US, Brexit in full swing in the UK, and millennials — good and bad, there’s always something with the millennials. Good thing is, Probidder fits into every situation in every economy. Let’s take a look … Continue