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Illinois Short Sale Articles
2010 Distressed Sale Local Statistics 01/31/2011 8:18 PM In 2010 there were a total 82,336 sold single family homes, townhomes & condos in the Northern Multiple Listing Service (MLS) covering the larger part of Illinois Home Sales. Out of those 82,336, 20,195 of those were bank owned foreclosures which cal... View Rest Of The Article Government Help Fails Again 01/31/2011 9:20 PM Late 2009 the government came out with the HAFA program (Home Affordable Foreclosure Alternative). This was suppose to help thousands of homeowners in 2010. The numbers are out, only 661 total HAFA ... View Rest Of The Article Another Reason Why Illinois Short Sales are a Better Option than a Judicial Foreclosure in Illinois. 02/01/2011 2:00 PM Illinois is a recourse state and a judicial foreclosure state. What this means to the homeowner is that in a judicial foreclosure the lender / lien holder(s) have the right to pursue the homeowner(s) for the lien holders loss. The scary truth for Ill... View Rest Of The Article Deficiency Judgement In A Short Sale. Would it be better to just Foreclose? 02/01/2011 4:57 AM Illinois is a recourse state which means that in a judicial foreclosure the lien holders / lender may retain the right to pursue the homeowners for the loss they took in a foreclosure process and sale process. So if you owed your lender $200,000 on t... View Rest Of The Article Providing documentation in a Short Sale, Short Sale Financial Package 02/02/2011 1:33 PM Illinois Short Sale Package and Financials You may here from your professional assisting your and/or the lein holder / lender the term Short Sale Package. Sometimes these packages could get up to 100 plus pages depending on what ... View Rest Of The Article
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Featured Short Sales In Illinois
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| Other Related Links: Short Sale Articles In Full Format | Tinley Park Short Sales | Orland Park Short Sales | Frankfort Short Sales | Basic Site Map | XML Source | XML Sitemap | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Keller Williams Preferred Realty and/or Raymond Kennedy is not associated with the government,
and our service is not approved by the government or you lender(s)/lien holder(s).
If you opt to use our services, your lender may not agree to change the term of your loan(s).
All Short Sales are subject to final lien holder(s) approval. We are not attorneys or qualified tax and financail advisors. Information provided on this
site is not legal advice or tax/financial advise and you should seek the appropriate professionals.
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