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Stories tagged with: Illinois

Flipping Used to Combat Rising Residential and Mobile Foreclosures
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http://www.foreclosure-support.com/wp/foreclosure-homes/flip...
The city of Elgin is using the method of house flipping to lower the stock of residential and mobile foreclosures in the area. The program is being supported by the federal government through NSP. Join discussion...
Submitted by cassy 12 months, 3 weeks, 4 days, 23 hours ago
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Foreclosed Commercial and Residential Properties Are Still Common in Illinois
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http://www.buyforeclosuressale.com/blog/foreclosed-commercia...
As the foreclosure crisis rages on, more foreclosed commercial and residential properties are being added to the state's growing list of repossessed properties. Unfortunately, no one is immune from such pitiful situation. Join discussion...
Submitted by foreclosuresnews 12 months, 3 weeks, 5 days, 22 hours ago
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Distressed Property Flipping Fights Neighborhood Blight in Illinois
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http://www.foreclosurelistingsnationwide.com/blog/article/17...
The government-supported distressed property flipping effort in several Illinois areas has picked up. The program was launched to prevent neighborhood blight among areas with high foreclosure levels. Join discussion...
Submitted by cassy 13 months, 20 hours ago
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Home Prices Holding Up Against Chicago Foreclosures
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http://www.bankforeclosuressale.com/wp/article-04292542.html
Home prices are how holding up against Chicago foreclosures in certain neighborhoods. In 2009, the prices of single-family homes in 56 out of 253 zip codes in the Chicago area increased substantially. Join discussion...
Submitted by cassy 21 months, 3 weeks, 6 days ago
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Home Foreclosures in Chicago Cut Prices and Drove Up Sales
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http://www.foreclosuredeals.com/wp/home-foreclosures-in-chic...
Home foreclosures in Chicago attracted buyers with lower prices and drove up residential sales in January this year. The price median for residential properties in the Chicago metro area fell by 5.4 percent to $175,000. Join discussion...
Submitted by cassy 23 months, 3 weeks, 3 days, 1 hour ago
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Illinois Outreach Program to Avoid Bank Foreclosed Homes
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http://www.foreclosedpropertiesdata.com/blog/illinois/illino...
Illinois Governor Pat Quinn has announced an outreach program aimed at helping distressed homeowners in Chicago avoid bank foreclosed homes. The program gives guidance to distressed homeowners who want to apply for the federal loan modification program. Join discussion...
Submitted by cassy 30 months, 1 week, 3 days, 22 hours ago
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Foreclosed Houses Filings on the Rise in Illinois
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http://www.foreclosure-support.com/wp/foreclosure-homes/fore...
Two counties in Illinois saw the number of filings for foreclosed houses jumped in July. The increase in foreclosure filings comes as property sales across Illinois soared to over 61 percent. Join discussion...
Submitted by lets03 30 months, 1 week, 4 days, 23 hours ago
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More Notices of Bank Foreclosed Home Expected in Illinois
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http://www.bankforeclosuressale.com/wp/article-08141248.html
A report showed that Illinois’ law that gives distressed homeowners ample time to work out their troubled loans has only delayed but did not stop foreclosure actions. After several months of dropping, notices of bank foreclosed home rose again in the state. Join discussion...
Submitted by lets03 30 months, 2 weeks, 22 hours ago
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South Florida Soon to Be Heavy With Foreclosed Condos
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http://www.listingsforeclosures.com/foreclosure/south-florid...
If things would not change soon, South Florida would again be burdened with foreclosed condos. An oceanfront hotel condominium building is closed to foreclosure as construction loans remained unpaid for more than 3 months now. Join discussion...
Submitted by cassy 30 months, 2 weeks, 2 days, 21 hours ago
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Banks in 5 States Closed due to Defaults and Foreclosures
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http://www.bankforeclosuresinformation.com/foreclosures/bank...
Banks in 5 states have been closed by the FDIC and other banking regulators because of losses to residential defaults and foreclosures. The recent failures have brought to 69 the total number of failed banks this year. Join discussion...
Submitted by lets03 30 months, 3 weeks, 3 days, 22 hours ago
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