cook: CONDO AVAILABLE IN ROLLING MEADOWS!!! - 12/15/13 11:57 PM
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cook: New REO listing in Wheeling IL 60090 - 01/02/13 03:14 AM
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cook: NORRIDGE IL - ALL BRICK BANK OWNED HOME - GREAT OPPORTUNITY - 07/12/12 01:47 PM

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cook: EXCELLENT BANK OWNED OPPORTUNITY. HUGE LOT IN KENILWORTH! MUST SEE REO. - 03/29/12 11:14 AM
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cook: LAKE OF THE WINDS IN WHEELING IL - FANTASTIC OPPORTUNITY AT GREAT PRICE! - 03/22/12 02:35 AM
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cook: Bank Owned Townhome in the Glen. Move right in. - 01/26/12 08:44 AM
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cook: LAKE OF THE WINDS IN WHEELING IL! GREAT OPPORTUNITY! - 01/18/12 08:41 AM
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cook: NORTHBROOK 2 BEDROOM CONDO - MISSION HILLS - GREAT OPPORTUNITY - 11/15/11 04:13 AM
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cook: LARGE 2 BEDROOM MODEL CONDO WITH BALCONY IN WHEELING ILLINOIS - 10/14/11 04:20 AM
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cook: Old Buffalo Grove Rental - 10/05/11 05:56 AM
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cook: 3 BEDROOM RENTAL IN OLD BUFFALO GROVE - 09/19/11 04:25 AM
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cook: Price Reduction on Lake Louise Short Sale - 03/15/11 03:51 AM
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cook: Illinois Short Sales - 02/26/10 01:04 PM
Short Sales
 
What is a short sale?
A Short Sale is when the lender agrees to accept less than what’s owed on a mortgage that is secured by real estate via a sale of the property to a third party. With this agreement, the lender releases the borrower from the mortgage, thereby preventing foreclosure.  
What are the benefits of a short sale to the homeowner?
The seller wins by avoiding foreclosure by selling their home before the foreclosure auction even if they owe more than its worth. If they were to sell the house the traditional way with a … (2 comments)

 
Eric Egeland, SFR, e-PRO, CDPE (RE/MAX SUBURBAN)

Eric Egeland

SFR, e-PRO, CDPE

Libertyville, IL

More about me…

RE/MAX SUBURBAN

Address: 1344 S. Milwaukee Ave, Libertyville, IL, 60048

Office: (847) 557-8552

Mobile: (847) 337-7090

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