206 Water St, Joliet, IL 60436

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This Single-Family is located at Water St, Joliet, IL 60436. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time.
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Status: Inactive
Listing ID: 3510690

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Property Information

  • Price: $64,773
  • Property Description: SINGLE FAMILY RESIDENCE
  • Comments: Term of Mortgage: 30 - Type of Mortgage: CONVENTIONAL - Date of Sale: 4/26/2006 0:00:00 - Pin Number: 07 16 229 006 0000 - Place of Sale: WILL COUNTY COURTHOUSE 14 W JEFFERSON ST JOLIET IL 60432 - Time of Sale: 1200 - Defendant First Name: MICHAEL - Original Mortgage Amount: 59500 - Original Mortgage Date: 11/13/2002 0:00:00 - Document Number: R02197869 - Recording Date Forecloser: 072905 - Defendant Last Name: CARRICO - Type of Sale: SHERIFF SALES -
  • Source ID: 05CH1395
  • Day(s) On Site: 6038
  • Sale Type: REO
  • Property Type: Single Family Dwelling
  • Attorney Phone: (815) 726-7311


Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

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:


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Water St
Joliet, IL 60436



Status: Inactive Listing ID: 3510690

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