plainfield il short sale realtors: Plainfield IL Short Sales - 12/16/11 06:04 PM
In the month of November 2011, there were 77 new properties that began the foreclosure process in Plainfield, IL.  In November 2010, there were 79 new properties that began the foreclosure process.  Not really much of a change when comparing  market snapshots for the same time year to year.
Illinois is a judicial state, meaning that the lender must take legal action against the homeowner in a court to regain ownership of the property.  From the time the Lis Pendens is filed the owners have anywhere from 6 months upwards of nearly 2 years before the lender takes back the property.  … (0 comments)

plainfield il short sale realtors: Plainfield Foreclosures up 30% in 2011 | Plainfield IL Short Sale Realtors - 12/16/11 06:03 PM
The amount of foreclosure proceedings for 2011 are up from 660 new pre-foreclosure filings in 2010 to 944 new filings in 2011. These numbers are from January 1st through November 30th for both years.  Until the end of this final month of the year I won’t have the final yearly totals, so I compared both years through the end of November to keep the comparisons consistent.
This is not good news for anyone looking to sell a home as a regular residential sale in Plainfield IL anytime soon. These homes will most likely sell at discount through either short sale or … (1 comments)

plainfield il short sale realtors: 38.9% of October Single Family Home Sales Were Distressed | Plainfield IL Homes for Sale - 11/30/11 01:05 AM
In October, 74 single family homes sold in Plainfield IL.  The homes ranged in price from $89,000 all the way up to $635,000.
While the number of distressed home sales is still holding steady at an alarming 38.9%, we are down from the 50% ratio that consumed most of these reports in 2010 and earlier this year in 2011.
Of the 74 single family homes that closed in Plainfield, 18 of these homes were bank foreclosures that made up 24% of the total sales for the area in October.  Another 11 single family homes that … (0 comments)

plainfield il short sale realtors: Clearwater Springs and Aspen Falls Market Reports | Plainfield IL Homes for Sale - 08/29/11 05:48 PM
The following single family homes have closed in the Clearwater Springs and Aspen Falls Subdivision in the last 6 months from February 2011 through August 2011.
6706 Langsford Ln. closed at $110,000 (F) 7015 Waterway Ct. closed at $127,100  (F) 7013 Pyramid Dr. closed at $130,000 (F) 7008 Desert Dr. closed at $135,000 6985 Sierra Ct. closed at $170,000 2517 Sierra Ave. closed at $170,000 (F) 2705 Mirage Ave. closed at $177,000 2912 Horizon Ct. closed at $193,000 2655 Stonebridge Ct. closed at $196,000 2804 Discovery Dr. closed at $200,000 (F) 2605 Clear Creek Ct. closed at $255,000 The combined subdivision … (1 comments)

plainfield il short sale realtors: Plainfield Short Sales and Loan Modifications | Plainfield IL Homes - 04/14/09 05:37 PM
Many Plainfield IL homeowners are facing the possibility of foreclosure.  The thought of losing the roof over your head is a scary concept, especially if you are worried about the well being of your family and their future.
If you are facing foreclosure in Plainfield IL and don’t know what steps to take to either proceed with a short sale or attempt a loan modification, call me to explore the possibility of negotiating on your behalf.
Why is what I do different from what other Realtors® are doing in regard to short sales in Plainfield IL?  If there is any possibility … (1 comments)

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Julie Ferenzi

Julie Ferenzi

Plainfield, IL

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