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Chicago Real Estate Reader

Find Great Deals on Chicago Real Estate and Current Online Marketing Techniques to Get The Best Offer For Your Home.

Why a Fannie Mae Foreclosure in Chicago?

March 18, 2013 by Chicago Real Estate Leave a Comment

Fannie Mae foreclosures are great for owner occupants and investors.

Most of the homes qualify for HomePath financing which in my opinion is one of the best loans for first time buyers looking to buy a foreclosure in the Chicago area.

Call or Text 312-217-4354 for info

Here are some of the benefits for HomePath financing:

  • As low as 3% Down Payment…the down payment can be from you, a gift, or a loan from a down payment assistance program too.

 

  • Less Than Perfect Credit is OK

 

  • No Appraisals Are Required for HomePath Financing

 

  • No Monthly Mortgage Insurance

The First Step is Getting Approved for HomePath Financing and You’ll be on Your Way to Finding a Great Chicago Foreclosure Deal in NO Time!

Call or Text 312-217-4354 to Get Started

Filed Under: Chicago Real Estate Listings, Financing Options, Foreclosure Articles Tagged With: Appraisals, Chicago Area, Chicago foreclosure listings, Down Payment Assistance, Down Payment Assistance Program, Fannie Mae, First Time Buyers, Foreclosure, Foreclosures, Insurance, Investors, Loan Payment, Loans For First Time Buyers, Mortgage Insurance, Owner Occupants, Payment Assistance Program

What Documents Do You Need For A Short Sale…Checklist

May 6, 2011 by Chicago Real Estate Leave a Comment

What Documents Do You Need For A Short Sale…Checklist
Short Sale Success

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

Stop ForeclosureIf you have any questions about the short sale process and eligibility send email to: shortsales@ILbankhomes.com

Filed Under: Short Sale Articles, Uncategorized Tagged With: Amp, Bank Statements, Hardship Letter, Homeowners Insurance, Insurance, Mortgage, Profit And Loss, Profit And Loss Statement, Proof Of Income, Real Estate Tax, Realtor, Social Security, Tax Bills, Tax Returns, Utility Bills

FREE Chicago Foreclosure List – Updated Weekly


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Goran Utvic

Goran Utvic
773-273-9155
ilbankhomes@gmail.com
Certified Negotiations Expert (CNE) | Certified Probate Real Estate Specialist (CPRES)
HomeSmart Connect Real Estate - license# 475132942

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