short sale specialists: 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)

short sale specialists: 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)

short sale specialists: 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)

short sale specialists: Are you Facing Foreclosure in Will or DuPage County? | Plainfield Real Estate - 09/03/08 05:26 PM
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Will County and DuPage County area homeowners who are interested in resolving their foreclosure situationthrough a short sale now have a better option when they chose me to represent them in the sale of their home.  I work with an attorney who has a team of 25 foreclosure specialists ready to assist you with the process of selling your home for less than what is owed by your lender at no out of pocket costs to you.
I have come across a lot of pre-foreclosure listings on the MLS recently that will require a short sale … (0 comments)

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Julie Ferenzi

Julie Ferenzi

Plainfield, IL

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