Posts Tagged ‘foreclosure’
How to Stay in My Home After Foreclosure in [city]
A recent study estimates that 47% of foreclosed properties are still occupied. Surprised to discover this stat? Most people don’t realize that banks aren’t in the business to own homes. Banks are in the business of lending money. But when a bank has to foreclose on a house, they are forced to own the home…
Read MoreUnderstanding the Foreclosure Process in [state]
Understanding the foreclosure process in Chicago IL is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in Illinois What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no…
Read MoreCan I Sell My House in Foreclosure in [market_city]?
Do you have a Chicago Illinois house that’s in foreclosure right now? Many people going through the Illinois foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you can…
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