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Foreclosure Prevention Measures In Chicago and the rest of Illinois

Local Illinois homeowners who are facing a financial challenge may find themselves in foreclosure. Foreclosure is when the mortgage loan doesn’t get paid back and the bank begins the process to take ownership of the property to recoup its losses. If you find yourself entering the foreclosure process, you might wonder if there is anything you […]

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Help For Foreclosure In Chicago – 3 Ways To Avoid Foreclosure

Few things are more devastating to families than the prospect of foreclosure. You own your home and you love it — it serves you well. Yet, due to unfortunate circumstances, foreclosure may seem imminent. For local families facing foreclosure, the stress can be almost unbearable. Worse yet, the foreclosure process can take months or even years, […]

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Can You Get Your House In Chicago Back After Foreclosure?

If you’re facing the possibility of foreclosure in the future, perhaps you are wondering can you get your house in back after foreclosure. After all, you need a place to live! Unfortunately, after the court rules in the favor of your lender and agrees with the lender to proceed with foreclosure, it is very hard […]

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Foreclosure notice of default in Illinois– what is it?

If you’ve gotten a foreclosure notice of default and want to know what the heck is going on, keep reading. Basically, a foreclosure notice of default is a document that has to be filed by a lender to start the process of foreclosure. The foreclosure notice of default must be sent to anyone who has […]

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Can I give my house in Chicago back to the bank without an expensive foreclosure?

Can I give my house back to the bank without an expensive foreclosure? The answer is YES !  (but with caveats, read below for more details) There are many ways to avoid an expensive foreclosure in . Your first step if you’re trying to avoid foreclosure in  is to speak with your loan provider immediately to […]

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The Devastating Consequences Of Foreclosure In Chicago For House Sellers

If you are trying to sell your house, you may be finding that it is more difficult than you had expected… especially if your house has any repairs needed that buyers just don’t want to deal with. In this article we’ll dive into some of the devastating consequences of foreclosure in for house sellers.  Local […]

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What is a Pre-Foreclosure in Chicago?

With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in anyway? Many homeowners across America and are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will issue a […]

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How to Avoid Foreclosure in Chicago

While the housing market is rebounding, many people in ] are still struggling to make their mortgage payments. If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose. Thankfully, there are a number of things that you can do […]

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