Latest Real Estate News and Statistics on Foreclosures from ILFLS

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Protecting Your Investments: Title Insurance and Why You Need It!

Protecting Your Investments: Title Insurance and Why You Need It!

By adminOn 01-22-2020
Questions about insurance is something I come across quite often when dealing with investments on foreclosures and bank owned homes around Chicago. This week I’ll be explaining why title insurance is an absolute must-have. Let’s take a look at what title insurance is and what it protects.
Chicago’s 2020 Real Estate Forecast

Chicago’s 2020 Real Estate Forecast

By adminOn 12-17-2019
There’s no doubt that 2020 is going to be a very interesting year globally. A presidential election here in the US, Brexit in full swing in the UK, and millennials — good and bad, there’s always something with the millennials. Let’s take a look at how Chicago will fare in 2020.
Foreclosure Sales vs Short Sales: What’s The Difference?

Foreclosure Sales vs Short Sales: What’s The Difference?

By adminOn 12-10-2019
What’s The Difference between Foreclosure Sales and Short Sales? This is a very common question that new investors wonder about. Let’s take a look at what each of them and how they compare.
How to Start Investing in Foreclosure Properties

How to Start Investing in Foreclosure Properties

By adminOn 11-29-2019
Buying a property at foreclosure can be a steal of a deal if you know where to look and how to go through with the purchase. Since Illinois is a judicial state, investing in a foreclosure property needs to be done in phases.
Top Foreclosure Auction Blunders – and How To Avoid Them!

Top Foreclosure Auction Blunders – and How To Avoid Them!

By adminOn 10-17-2019
Here is one of the top foreclosure auction blunders and advice from industry professionals on how to avoid it.
Little Known World of Sheriff Sales

Little Known World of Sheriff Sales

By adminOn 09-17-2019
I got reminded of my very first auction experience and reminded me how little the public actually knows about the amazing investment opportunities you can find at a Sheriff Sale auction.
Top 10 of the most beautiful and expensive properties in the USA for 2017

Top 10 of the most beautiful and expensive properties in the USA for 2017

By adminOn 03-16-2017
Home buying season is just around the corner! It’s a fact that purchasing a place is one of the biggest investments that we make. When it comes to buying your dream house how much are you willing to spend?
3 key facts to know before buying a foreclosure

3 key facts to know before buying a foreclosure

By adminOn 02-22-2017
If you are ready to settle down and build up your own nest but low on budget maybe considering a foreclosure property is your solution.
The hottest neighborhoods in Chicago

The hottest neighborhoods in Chicago

By adminOn 02-15-2017
When we buy a home we want to make sure it ticks all the points in our bucket list. To have a fireplace, great view, pet-friendly, enough space for the kids to play.
Foreclosures in 2017 - how does it look like?

Foreclosures in 2017 - how does it look like?

By adminOn 02-10-2017
2016 has been in a bit of a freeze for foreclosures. Numbers continued to drop down compared to other years leaving experts to believe that this marks the recovery of the real estate crisis.