Short Sale Chicago

Avoid Foreclosure. I Can Help.

NAR PRESIDENT, Lawrence Yun, ON HOUSING MARKET

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Lawrence You on housing market, posted with vodpod

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April 25, 2011 Posted by | Buying, Market Statistics, Selling | , | Leave a comment

* WHAT IS A SHORT SALE?

Good, short explanation of what a short sale is.

April 20, 2011 Posted by | Foreclosures, Homes for Sale, Selling, Short Sales | Leave a comment

* BRIDGEVIEW, IL – 4 flat for sale

7539 S. ROBERTS RD., BRIDGEVIEW, IL


Beautiful, very well maintained 4 flat. Excellent condition. Four 2 bedroom apartments. The apartments have been updated throughout the years. Hardwood floors under carpets. Full, finished basement. 12 parking spaces. Roof – 2009. Lots of upgrades.  All units rented, long term tenants. Property brings nice income. Buy for investment or live in one unit, the remaining 3 will cover your mortgage. Seller will consider all reasonable offers.
Please watch virtual tour here.

For info please call:
Barbara Pedersen
708-539-9900
b.pedersen@comcast.net

April 16, 2011 Posted by | Buying, Homes for Sale, Selling | , | Leave a comment

* A HOME IS STILL THE BEST LONG TERM INVESTMENT

Survey: A Home Is Still the Best Long Term Investment

by The KCM Crew on April 15, 2011

After a five-year swoon in home prices, many assume that housing may have lost its luster as an investment.
However, a nationwide Pew Research Center survey shows this drop in values has done little to shake the confidence of the American public in the investment value of homeownership.
According to the survey:

Read more…

If you need to buy or sell your home I can help.
Please call Barbara at 708-539-9900 or email:
b.pedersen@comcast.net


Barbara Pedersen
Realtor®
(708) 539-9900

or email: b.pedersen@comcast.net

April 15, 2011 Posted by | Buying, Homes for Sale, Selling, Short Sales | , , , , | 1 Comment

* INVEST TAX REFUND IN YOUR HOME – 5 GREAT PROJECTS

Invest a Tax Refund in Your Home

By: Mike DeSenne. Published: March 3, 2010

Getting money back from the IRS is a silver lining to paying taxes, but why invest a tax refund in your home instead of, say, a weekend getaway? Because your home is probably your biggest asset, so it pays to take care of it—literally. Even modest investments such as a new washing machine or exterior door can yield surprisingly big returns.

The average tax refund changes from year to year, but lately it’s totaled around $3,000. That’s a tidy windfall. Not everyone is so lucky, of course, but even if you only get back a portion of that amount, there are many great ways to invest a tax refund in your home. Consider these five projects that cost around $1,000.

Read more: http://www.houselogic.com/articles/invest-tax-refund-your-home-1000-projects/#ixzz1JJlTSMyk

April 12, 2011 Posted by | Uncategorized | Leave a comment

* BANKS FORCED TO ALLOW SHORT SALES FOR DELINQUENT BORROWERS?

Proposed settlement would force banks to allow short sales for delinquent homeowners

The proposed deal among banks and government officials is aimed at stabilizing the real estate market and helping underwater borrowers who are months behind on mortgage payments avoid foreclosure

By Jim Puzzanghera and Alejandro Lazo, Los Angeles Times March 30, 2011
Reporting from Washington and Los Angeles

Major banks may be forced to let severely delinquent homeowners sell their houses for less than the loan amounts owed as part of a broad settlement of federal and state investigations into botched foreclosure paperwork, according to government officials involved in the negotiations.
The requirement to allow so-called short sales would be in addition to forcing mortgage servicers to reduce the amount some homeowners owe on their loans, said two officials, who spoke on the condition of anonymity because negotiations are ongoing.
The goal of short sales would be twofold: provide a quicker and more economical way for banks to dispose of distressed real estate and to help stabilize the real estate market by clearing out a backlog of defaulted mortgages that are poised for foreclosure.  Read more…

April 8, 2011 Posted by | Foreclosures, Short Sales | , , , , , , , | Leave a comment

* WOW!

 

April 7, 2011 Posted by | Foreclosures | , , | Leave a comment

@ HOW TO INVEST A TAX REFUND IN YOUR HOME

HouseLogic talks to financial planner Alan D. Kahn, who offers tips for investing a tax refund in your home based on where you are in life–and with your house.

HouseLogic: What should be your priority if you get a $2,500 refund?

Alan Kahn: No matter what your situation, first and foremost, if you have credit card debt, pay it down. That’s the one item that’s creating financial havoc throughout the country. In fact, the enormous interest payments may ultimately affect your ability to meet mortgage payments.

Although you may be tempted to put a refund in a retirement account, and just continue paying the credit card minimum each month, retirement accounts may not be earning much. However, your credit card company may be charging 15% or more. The best thing to do is get rid of that noose.

Read more…

April 7, 2011 Posted by | Uncategorized | Leave a comment

DO BANKS PREFER FORECLOSURES?

Do banks prefer foreclosures? No, a short sale is more beneficial to the bank and to the homeowner.


Do you know someone who is struggling financially and falling behind on their mortgage?
They probably qualify for a short sale.
In a short sale the bank usually pays all closing costs which include realtor commission, attorney fee & property taxes.
Pass along my email to someone who might need help:

Behind on payments? Want to sell your home?
If you are interested in a SHORT SALE, contact me for more information.
Sell with dignity, preserve your creditworthiness and start rebuilding your life.
I have helped many homeowners avoid foreclosure.
For more information and a FREE REPORT ON SHORT SALES please call


Barbara Pedersen
Realtor®, Short Sale Specialist
(708) 539-9900

or email: b.pedersen@comcast.net

April 7, 2011 Posted by | Buying, Foreclosures, Homes for Sale, Selling, Short Sales | , , , , , , , | Leave a comment

* STOP LISTENING TO REAL ESTATE AGENTS!

OK. You Win. Stop Listening to Real Estate Agents!

by The KCM Crew on April 5, 2011

Each day we attempt to give truthful insight on the current housing market. If we report what is perceived as negative news, some in the real estate community come down on us hard. However, when we explain that we think now is a great time to buy, we get an avalanche of feedback from the general public attacking us for being nothing more than puppets for real estate agents across the country. Today, we don’t want you to listen to what we think about the opportunities that exist for buyers in this market. Instead, we want to report on what some members of the investment community are saying.
Read more…

April 7, 2011 Posted by | Buying, Foreclosures, Homes for Sale, Selling, Short Sales | Leave a comment

   

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