Tag: 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

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

Currently, the state of the housing market in Chicago is positive, with few foreclosures. However, since the start of the pandemic, many businesses have closed and employees have experienced job loss. This may leave many wondering what the future of the real estate market will hold. It’s important to find facts about foreclosure rates in … Continue

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

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

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