delayed foreclosures: THE LIMBO OF THOSE ENDURING DELAYED FORECLOSURES - 03/05/12 12:15 PM
Under "normal circumstances," IL Foreclosures take about nine months to one year to run their course - from the first court filing of mortgage delinquency, until the homeowner if finally evicted and forced to leave their home. For many homeowners in distress, however, circumstances here are far from normal. Indeed, it is not unusual for some homeowners who haven't made a mortgage payment in two to three years to still be in their homes, waiting to be forced to leave.
Many blame the record high levels of pending foreclosures on the high level of distressed inventory that has come to market … (1 comments)

 
Dean Moss, Dean's Team Chicago IL Real Estate Team (Dean's Team - Keller Williams Realty Partners Chicago IL)

Dean Moss

Dean's Team Chicago IL Real Estate Team

Chicago, IL

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Dean's Team - Keller Williams Realty Partners Chicago IL

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