Dennis Toomey's (dennis2me) Blog

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Real Estate Agent - RE/MAX Action

ARCHIVED BLOG POSTS

2011 

IL – The biggest reason people short sale their house is to avoid foreclosure. They cannot afford the house anymore and the bank has said they will foreclose soon. If the short sale is not successful, then their lender will foreclose on the house. We at the Stop Foreclosure Institute have succes...
02/15/2011
IL – Have you ever attempted to get a loan modification? If you have, then you probably get bugged when you hear banks talk about how they suposedly care about their customers. Somehow these banks think we will believe it. They must think that, or they wouldn't be running ads that say: "Come to A...
02/11/2011
IL – The Stop Foreclosure Institute recently received a question from John. Here is John's Question. "I just received a full price offer on my house. My main concern is that I don't get stuck having to pay off the deficiency. I have a first and 2nd with Chase and owe 270K on the home. The buyer'...
02/10/2011
IL – The Stop Foreclosure Institute recently received a question from Paul. Here is Paul's Question. "I am thinking about a short sale, but I am behind on my property taxes. Will I still have to pay them if I short sale my home? Max." Discover how other sellers successfully did a short sale to a...
02/09/2011
IL – The Stop Foreclosure Institute recently received a question from Max. Here is Max's Question. "If I pay mortgage insurance and default on my loan, why wouldn’t that cover the deficiency amount? Max." Discover how other sellers successfully did a short sale to avoid foreclosure by clicking h...
02/09/2011
Spacious End Unit with Basement & Garage! 975 Spring Mill Dr., Hoffman Estates, IL 60169 View Map Priced to sell-spacious 3 Bedroom, 1-1/2 bath end-unit townhome with basement & garage! Foyer greets you with wood laminate flooring & new light fixture & leads to large living room & dining room wi...
02/08/2011
Split Level Ready for Rehabbing! 1515 W Wise, Schaumburg, IL 60193 View Map Attention rehabbers this home is being sold "as is". Rehab with a FHA 203k (rehab loan). Want to build new? Large 1/2 acre lot gives you room to expand. Split level home with sub basement. Hardwood floors on first and se...
02/07/2011
IL – The Stop Foreclosure Institute recently received a question from Tawny. Here is Tawny's Question. "I have not been late on any payments but my income will be changing dramatically towards the end of the summer. What is your exact service and what are the fees involved? I do not have any cas...
02/07/2011
Gorgeous Updated Unit with Fireplace! 1715 Maple, Hanover Park, IL 60133 View Map THIS IS A EXCELLENT UNIT. MANY UPGRADES, 42" CABINETS FIREPLACE IN L/R 2 CAR GARAGE, BONUS ROOM AND 1/2 BATH ON LOWER LEVEL. BANK MUST APPROVAL ALL OFFERS. Details Asking Price: $215,000 MLS: 07713890 Bedrooms: 2 B...
02/05/2011
IL – Here are a few things you should not be surprised to see crop up during the short sale process. Unscruplous Debt Collection Tactics. If you are facing financial hardship, then paying credit cards and other unsecured debts is your lowest priority. An unsecured debt is a debt where they can’t ...
02/03/2011
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