Every time I come across a good deal and contact Investors I get a lot of hesitation…unlike the late 90’s and early 2000’s when everybody wanted a piece of the action. Well believe it or not, Investors are flipping properties now in this market and making more profits than they ever have!…because a lot of people are hesitant and do not think there is money to be made. That’s exactly what the investors that flipped the properties listed below want you to keep on thinking!
You don’t have to take my word for it, look up the public records for yourself…or email me I’ll send you the MLS Sheets
5210 W Grace St. Chicago, IL 60641 Bought for $118,150 on 11/05/2010 as a foreclosure…property was remodeled and flipped on 2/28/2011 Sold for $242,000 under contract in 9 days!
6325 W Melrose St, Chicago, Illinois 60634 Bought for $105,000 (foreclosure) on 12/30/2010 flipped and Sold 5/11/2011 for $230,000 under contract in 4 days!
One thing these Investors had in common is that they worked with a Realtor that gave them access to foreclosure listings. You can get setup to receive REO foreclosures property listings here
If you email me I’ll send you the MLS sheets so you can see for yourself with before and after pictures that show what work was done to these foreclosure properties.
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Which neighborhood has the most single family homes selling as short sales?
Goran Utvic, Hometown Realty
Northwest Chicago REO-Short Sale Realtor
If you have any questions about Short Sale procedures, loan modifications,
REO Bank Owned properties, current market prices…I can be reached at
 217-4354 or firstname.lastname@example.org
Lowest Price Foreclosure Deal Sold in Portage Park Chicago – May 9th 2011
If you were wondering if there really are foreclosure deals out there the answer is Yes! This home sold in Chicago‘s Portage Park neighborhood on May 9th 2011 for $77,000. It’s a 1,056sf home with 3 bedrooms and 1.5 baths. Full listing details for this Portage Park foreclosure deal here.
Buying a foreclosure could save you thousands of dollars on your home purchase. You can read more tips on …how to find the right Northwest Chicago foreclosure
Foreclosure deals are out there, you just need to have the right tools and resources to better your chances of getting the foreclosure deal that’s right for you.
If you have been thinking about buying a foreclosure property in Northwest Chicago or suburbs you need to get this list NOW! Currently there are 13 new foreclosures on the market in Portage Park ranging from $39,900 – $210,000.
Get Your List NOW BY Clicking The FREE FORECLOSURE ALERTS Link Below.
These are documents that a realtor needs in order to start the short sale process. Remember not all homeowners qualify to short sell their home, with these documents a determination can be made as to whether or not you are eligible.
- PROOF OF INCOME(PAYSTUBS,SOCIAL SECURITY AWARD LETTER,PROFIT AND LOSS STATEMENT IF SELF-EMPLOYED)
- MOST RECENT MORTGAGE STATEMENTS BOTH FIRST AND SECOND
- ALL LETTERS RECEIVED FROM LENDER/SERVICER
- 2009 & 2010 TAX RETURNS
- COPY OF UTILITY BILLS
- REAL ESTATE TAX BILLS
- PROOF OF HOMEOWNERS INSURANCE
- TWO MOST RECENT BANK STATEMENTS
- HARDSHIP LETTER