Category: Opinions

Whether you are trying to estimate your current property’s value or determine if a potential new home is priced fairly (but aren’t quite ready to consult with a realtor), here are some tips for estimating it yourself. The first, and most important step, is to look for comparable properties in the same area. Try to … Continue

Throughout the state of Illinois, including the Chicago metropolitan area, residents are slowly reopening the doors of their non-essential businesses and attempting to resume work in the midst of COVID-19 health precautions. However, as many other states haven’t been as slow to reopen, they are seeing resurgences in the virus and are reinstating stricter rules. … Continue

You’ve decided to invest in your first foreclosure and already have one in mind. Or maybe, you just started researching foreclosure investment and are eager to take the first steps. Either way, these five tips can help you during this process. Make a Plan Your first step should be making a plan. Decide how you … Continue

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

Until the COVID-19 pandemic, the real estate market in the Chicago area was trending upwards, however, the economic landscape throughout the country now is uncertain. This leaves homebuyers, sellers, and investors wondering what the future may hold for the real estate market in the wake of these changes. Home buying demand exceeds inventory As some … Continue

With the COVID-19 crisis throwing both the national and international economies into a state of upheaval, many financial experts are predicting a spike in home foreclosures in the United States. Fortunately, there are a few pats to take in order to avoid property foreclosure whether it’s taking financial shelter under the new federal “Coronavirus Aid, … Continue

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 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

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

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