Overview
This Condo is located at Golf Rd Apt 203, Des Plaines, IL 60016. This property is currently bank owned with an estimated market value of $164,135.
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Not in Foreclosure
Pre-Foreclosure
Auction
Bank Owned
| Start Date | End Date | Listing Type | Bank Name |
|---|---|---|---|
| 05/27/19 | 08/21/19 | Preforeclosure | |
| 06/08/10 | 04/04/11 | Preforeclosure | Bac Home Loans Servicing |
Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale.
Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:
Steps as you search for your foreclosure property:
Foreclosed properties can represent excellent opportunities to acquire real estate at bargain prices. But in order to take full advantage of these opportunities you must have all your information and take an organized approach to finding and acquiring foreclosed properties. Find the location and property that interests you, work with the Realtor and closing agent to learn all you can about the property, and make your offer based upon good information and research.
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