How to Buy a Foreclosure with a Loan


How to Buy a Foreclosure with a Loan

Finding the perfect foreclosure to invest in is exciting, but paying for it is the opposite. Many would-be investors shy away from purchasing bank-owned properties because they don’t have the available capital to make an all-cash purchase, which is the preferred payment option (or sometimes only option as in a foreclosure auction). However, there are … Continue



The Upside of Adding a Multi-Unit Property to Your Investment Portfolio


The Upside of Adding a Multi-Unit Property to Your Investment Portfolio

According to many advisors, a great way to diversify your investment portfolio is real estate. An attractive option for those who want to generate a positive cash flow is to purchase a multi-unit property. This is a good choice for several reasons. May Be Less Difficult to Obtain Financing A larger loan for a multi-unit … 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



COVID-19 and Property Foreclosure


Covid-19 an property foreclosure

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



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