Short Sale Chicago

Avoid Foreclosure. I Can Help.

* MORE SHORT SALES IN 2012

Short Sales Will Increase Dramatically in 2012

by The KCM Crew on May 7, 2012 · 2 comments

We believe that short sales will be a major part of the real estate market in 2012. That is why we have dedicated this entire week to posts exclusively on this subject. We hope that by the end of the week you have a better handle on the need for short sales and a better understanding of the process. – the KCM Crew
It seems that the banks have finally realized that a short sale is a better option than foreclosure for them, the homeowner and the neighborhood. It is for this reason we believe that 2012 will come to be known as the year of the short sale. CNN Money reported on this exact point:

“We believe 2012 could be a record year for short sales,” said Daren Blomquist, vice president at RealtyTrac.

Banks are showing signs of being more open and willing to approve the deals — even if it means accepting less money. The average sales price for a short sale was $174,120 in January, down 4% from December and 10% year-over-year.

Market Watch also addressed the short sale situation recently:

Fitch expects the increase in short sales to continue because of the potential benefits afforded to both lenders and borrowers. Some borrowers may prefer short sales because, though they cannot stay in the property, they often walk away with cash incentives from lenders and healthier credit reports unmarred by foreclosure. For lenders, short sales provide a more efficient and cheaper alternative to the increasingly lengthy and costly foreclosure process. Read more…

If you are interested in selling your home, including selling for less than loan amount (short sale), please contact me:

Barbara Pedersen, Realtor®, Broker
CDPE/Certified Distressed Property Expert, Short Sales
Traditional Sales and Purchases
covering the City of Chicago and Chicago’s South and Southwest Suburbs.
e-mail at:b.pedersen@comcast.net
or call at: 708-539-9900
Classic Realty Group
Orland Park, Il

FOR HELP CALL Barbara
708-539-9900
or e-mail:
b.pedersen@comcast.net

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May 7, 2012 Posted by | Buying, Hickoty Hills, Il, Miscellaneous, Orland Park, Il, Palos Hills, Il, Selling, Short Sales | , , , , , , , , , , , | Leave a comment

* SELL YOUR HOME QUICKLY


If you want to sell your home fast in today’s market, watch this video:

How to Sell Your Home Quickly

 

Barbara Pedersen, Realtor®, Broker
Traditional Sales and Purchases, Short Sales
covering the City of Chicago and Chicago’s South and Southwest Suburbs.
e-mail at:b.pedersen@comcast.net
or call at: 708-539-9900
Classic Realty Group
Orland Park, Il

FOR HELP CALL Barbara
708-539-9900
or e-mail:
b.pedersen@comcast.net

April 30, 2012 Posted by | Buying, Selling | , , | Leave a comment

* US HOME PRICES, SUNG LIKE OPERA

This is really funny and creative: US home prices sung like opera by  Timothy McDevitt

npr, Planet Money
Jacob Goldstein and David Kestenbaum

April 26, 2011

All Things Considered

Download
Transcript

Case-Shiller

Source: Case-Shiller Home Price Index, via Standard & Poors

Credit: Alyson Hurt

The Case-Shiller home price index is a powerful way to look at the story of housing in America. You can see the boom and bust all in one simple graph.

But when we go on the radio to talk about home prices, a graph isn’t much good to us — nobody can see it.

So we converted the Case-Shiller graph into musical notes.

Case Shiller opera

Jess Jiang/Case-Shiller home price index

We gave the sheet music to Timothy McDevitt, a baritone who’s getting a master’s degree at Juilliard. Then we got Karl Case and Robert Shiller — the economists who created the index — to listen to the music weigh in.

Here’s what the past decade of housing in America sounds like:
Read more…

May 7, 2011 Posted by | Market Statistics, Selling | , , | Leave a comment

* CHARMING RANCH IN WORTH, IL

TRADITIONAL SALE

10916 S. Lloyd Dr., Worth, Il 60482

Beautiful, very well maintained, clean as a whistle brick ranch. 3 bedrooms. 1.5 ceramic baths, jacuzzi. Spacious kitchen with table space and sliding door leading to professionally landscaped  back yard. Patio. Addition with large family room and wood burning fireplace. Hardwood flooring in all rooms except the family room. Charming yard. The house has been updated within the last 5 years. Excellent, move in condition. Great value.
For more info please call:
Barbara Pedersen
708-539-9900
or email:
b.pedersen@comcast.net

May 3, 2011 Posted by | Buying, Homes for Sale, Selling | , , , | 1 Comment

NAR PRESIDENT, Lawrence Yun, ON HOUSING MARKET

Vodpod videos no longer available.

Lawrence You on housing market, posted with vodpod

April 25, 2011 Posted by | Buying, Market Statistics, Selling | , | 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

   

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