Nancy: Are you looking for a house which a lender has already foreclosed upon and is now trying to sell and get off the banks balance sheet(REO);or a distressed property in pre-foreclosure where the owner is trying to avoid foreclosure by finding a qualified buyer and getting the lender to accept a short sale? Short sales generally yield the buyer the most house for their investment dollar provided the buyer has the time to complete a short sale process. Whether you are an investor or a buyer looking for a house to make a home, I would advise that you interview couple of agents who understand the market and then work with one exclusively. Avoid firms that want to sell you their foreclosure list as the data is often not up to date. A sharp agent reviews the market everyday, knows local subdivisions, and works with home inspectors, lenders and attorneys. At your convienence I would be happy to speak, e-mail or text with you to answer any and all your questions. Feel free to contact me at any time. Bill Swenson, Broker & MBA-Finance.
Matt, I can work with you to set up showing this weekend. Bill Swenson, Prudential First Realty in McHenry.
The size of the lot is 60x90 or 5400 sq ft. The lot is part of 8 lots current owner purchased a few years ago and now wants to sell all for $32,000. He paid $25,000 for all 8. e-mail me for soil information. The lots
What years were the bankruptcy and the foreclosure? When did you last run your free credit report to check your current score? The answer to your question will depend on those two answers.
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