Buying a shore sale or foreclosure

Differences Between A Short Sale And A Foreclosure

Kurt Clements Real Estate Leave a Comment

by Kurt Clements If you’re looking to get an untraditional deal on a new home purchase, you may encounter either a short sale or a foreclosure. These two terms refer to sales that are not usual. As a homebuyer, it’s important to understand the differences between them and how each one might affect your buying experience. What’s A Short Sale? A …

5 Creative Ways To Buy A Foreclosure

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by Kurt Clements Buying a foreclosed home in Chicago, especially the south side, is easy, right? After all, they sell for pennies on the dollar, right? Well, that could be a false assumption. Buying a foreclosed property appears easy on TV, but in reality, it can be overwhelming. Foreclosure sales continue to decline in the market from 38.6 percent in 2011 …