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S Michigan Ave Unit 2001
Chicago, IL 60604

Status: Active
Listing ID: 56733926

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09/13/21
BANK/LENDER-OWNED PROPERTY
This property is owned by a bank/lender and it could be under a redemption period. You may be able to purchase it for an incredibly low price, but you'll need come back to our website often to find out when the property goes on the market - you don't want to miss out on such a great deal!
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Foreclosure

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. 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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Chicago, IL
Home Inspectors

Brad Haugen Home Inspections, Inc.
Bradley C. Haugen ACI
773-407-2094
Keeshin Inspection Services
Stuart Keeshin
773-871-2356
Chicagoland Home Inspectors Inc
Charles Bellefontaine
312-759-7045
JRW Property Inspection and Consulting LLC
Jerry Woznyj
773-851-9627
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S Michigan Ave Unit 2001
Chicago, IL 60604

Condo

 

Status: Active Listing ID: 56733926

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https://static.foreclosure.com/listing/address.html?address=S-Michigan-Ave-Unit-2001-Chicago-IL-60604/56733926_lid

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