What Does A Profitable Investment Property Look Like In Chicagoland?

Are you thinking about investing in Chicagoland IL or anywhere in the surrounding areas? If you are, then you’re probably asking yourself “what does a profitable investment property look like in Chicagoland“? Keep reading because we’ll cover that in this blog post and you might be surprised at the answer… What Does A Profitable Investment … Continued

What Insurance Should I Have For My Rental Property In Chicagoland? An Investor’s Checklist

Investing in real estate is different than investing in Wall Street stocks. Stocks are speculative, and they’re also a “paper asset.” The stocks might go up and down but there isn’t much that can happen to the “financial instrument” itself (especially since they’re stored electronically instead of as stock certificates now). Real estate on the … Continued

What is a Pre-Foreclosure in Chicagoland?

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 Chicagoland anyway? Many homeowners across America and Chicagoland are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will … Continued

How to Avoid Foreclosure in Chicagoland

While the housing market is rebounding, many people in Chicagoland] 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 … Continued

Short Sale vs Foreclosure – What’s the Difference in Chicagoland?

Whether you’re a buyer or a borrower/seller, a short sale, and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Chicagoland, IL? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If you stop … Continued

How to Stay in My Home After Foreclosure in Chicagoland

A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business to own homes. They are in the business to loan people money. But when they have to foreclose … Continued

Understanding the Foreclosure Process in IL

Understanding the foreclosure process in IL is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in IL What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun. … Continued

Can I Sell My House in Foreclosure in Chicagoland?

Do you have a Chicagoland IL house that’s in foreclosure right now? Many people going through the IL foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you can … Continued

Investment Property In Chicagoland Buying Checklist – For Investing In

There are many benefits to buy investment property but it should not be done lightly. Do your due diligence and make sure you carefully think through your investment. That’s why we’ve created this “Investment Property In Chicagoland Buying Checklist” to help you. Use this checklist as a resource if you’re buying in Chicagoland, anywhere in … Continued

How To Buy An Investment Property In Chicagoland With No Deposit

Buying investment property is a great way to build a portfolio that delivers wealth now and sets you up for a comfortable retirement in the future. But buying property can be expensive if you’re not careful. In this blog post, you’ll learn how to buy an investment property in Chicagoland with no deposit. There are … Continued