Today I decided to check on the Foreclosure Moratorium in Illinois.

I  began my search at the  Cook County Sheriff Sale site. This site lists the time and location of all properties up for auction.

Today there are 106 Residential homes ( Single Family, Condominiums, and Townhomes)  up for Auction in Cook County.

While this may seem like a tricle it is not a complete halt. The Moratorium on Foreclosures includes the big banks (Chase, BOA, CitiMortgage, and Well Fargo)  not the smaller banks.

While some banks see  Red light when it comes to the Moratorium on Foreclosures other banks see Yellow and are proceeding with caution.

 
Posted by Jack Lewitz on 10/13/2010 12:23 PM   Comments (2)   Moratorium in the ActiveRain Channel  
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2 Comments on Moratorium... Does not Mean Stop.. Rather It means Proceed with Caution..

OCT
13
2010
653,443 Points 9 Featured Posts Outside Blog Called Shot Master

I do think we need the listing flow to stay steady.  Again just hoping this gets sorted out and I guess everyone needs to proceed with caution.
12:25pm • #1
941,827 Points 94 Featured Posts Outside Blog Attended Rain Camp

Jack: Clarification is important since the media does put a spin on things and people do not always hear what they are supposed to hear.
12:31pm • #2


What does the graphic say?
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