foreclosure: Fabulous Foreclosure in Sycamore, IL; Open House Sunday Sept 19 - 09/19/10 03:33 AM
This home at 1138 Arneita Street in Sycamore, IL may be the nicest foreclosure at the best price I have ever seen. Priced at only $214,900 this 3 bedroom, 2 1/2 bath home offers over 2000 sf and a first floor master bedroom with a luxury bathroom. The home has hardwood floors, is freshly painted and has new carpet. 
Open House Sunday September 19, 1:00 - 3:00

1138 Arneita Street, Sycamore
The huge bonus room on the second floor could be a fourth bedroom, a playroom or a fabulous home ofice. The kitchen is fresh, modern and squeaky clean. There is a … (1 comments)

foreclosure: Short Sale - I'm so EMBARRASSED - HELP ME PLEASE - 08/06/10 05:29 AM
It's a very hard call to make: "I can't pay for my house, and I don't know what to do". Even here in St. Charles, Geneva, Batavia, Wayne and other Fox Valley communities we have many families who may be at risk of losing their homes in this difficult economy. They may have had job losses, extraordinary medical bills, or business set backs. A short sale is when the bank allows the house to be sold for less than what is owed on the mortgage. Susan Goulding, a Realtor in California, has some great advice for homeowners who might be struggling … (1 comments)

foreclosure: Thinking of Buying an REO? To You it's a Home, to the Bank it's Scrap Metal - 08/05/10 03:10 AM
Who is sitting in the cat bird seat these days for a home purchase? Who will be catered to, indulged, flattered and coddled on a pleasant journey to a home closing that can be bragged about for years? Think again if you said "the buyer" if the house is a foreclosure or REO property (REO stands for Real Estate Owned).
Today's qualified home buyer is a rare bird. He struts with expectation of recognition of his specialness. After all, market inventories are high and prices are low. Today's home buyer thinks he is doing the bank a favor -- making … (51 comments)

foreclosure: We Don't Have a Housing Crisis, We Just Have Too Many Houses - 06/14/10 05:43 PM
A post on Monday June 14 from Inman News has an interesting summary about the "State of the Nation's Housing" from a report released today by the Joint Center for Housing Studies of Harvard University.
The title and sub-title were a bit contradictory "Soft Housing Demand Imperils Recovery" followed by "Harvard Report Optimistic About Long-Term Outlook". Imperil and Optimistic don't usually live in the same title. Whether you are a home owner, a home seller, a home buyer, a Realtor, a loan officer, a home inspector, a stager or an attorney, interpreting the flotsam and jetsam of data and analysis is … (12 comments)