DuPage County Foreclosures and Short Sales
Signing over your property or declaring bankruptcy because you can not make your monthly mortgage payment is never an easy decision for any homeowner to make. These conclusions will usually leave the homeowner with bad credit and bring the family down as they have to search for a new cheaper place of residence that could never be compared to their former home. Thankfully there is an alternative to bankruptcy or foreclosure. Short Sales have become very popular with many homeowners over the past few years that have had to face losing their homes. This process is recommended to many homeowners who are facing hard times due to losing a job or other similar factors that impact a family’s income. It is a quick and easy way to get the money that you need to pay off your loan without filing bankruptcy. This way you and your family will be able to move on and find a new home without any damage made to your credit.
Short selling your home basically means that you end up taking less than what you owe. Some lenders will agree to lower the price if it means that you will be paying off your mortgage at once. However there are others that will not agree with the terms of a short sale agreement. It is a good idea to speak to an experienced real estate lawyer or a CDPE (also known as a Certified Distressed Property Expert) that is familiar with the short sell process and find out all you need to know before you get started with a short sell transaction.
Hensley’s Prairie Path Realty has DuPage County Short Sale Sellers that will be able to assist you with short sales in Villa Park as well as neighboring towns. They can explain to you the benefits and downfalls when it comes to Short Sale vs. Foreclosure methods so that you will have a better understanding of the terms and will know which approach will be the best for your situation.
The professional agents that work at Hensley’s Prairie Path Realty can also help you with deciding on foreclosures. DuPage County has several Bank Owned properties and the helpful realtors can assist you with any questions that you may have on foreclosures. DuPage County is lucky to have such an experienced team on hand that can help them get through any type of mortgage problem and get their home sold in a short amount of time.
Doc and Tammy Hensley, Melanie McGinnis, Star Southworth and Rosie Ramirez-Espinosa are all highly experienced when it comes to working with foreclosure, short sales and other important real estate needs. They are also available to help out troubled homeowners or realtor firms when they are in need of a good short sale seller and invite these individuals to contact them at any time with their questions or concerns about Villa Park, IL short sales or DuPage County foreclosures. And if you are interested in purchasing a foreclosure in order to save money, you can search the free MLS listings for the DuPage foreclosures that may interest you.
View the Short Sales on the DuPage County Sheriff's Office