Saturday, April 4th, 2009

Where do I start checking for foreclosures in Illinois?How do I get the list from banks of their foreclosures?

Foreclosures
missthanku asked:


I live in Downers Grove, however I know there is a building in Chicago that I can go to check for foreclosures and to see if there are any liens and etc on them. Also, I’m interested in the lists that banks have of foreclosures. Can someone who has experience in buying foreclosures through their state and through their bank advise me on this. I thank you in advance for your kindness.

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3 Responses to “Where do I start checking for foreclosures in Illinois?How do I get the list from banks of their foreclosures?”

Unpretty Says:
April 5th, 2009 at 3:55 am

This might sound odd, but I once used Yahoo real estate and found two foreclosures in my area (which is very rural, and only has 137 people living here). You may want to look there, or maybe try the housing department in your local area. Not much help, I know, but just a few places I got results from.

scott h Says:
April 5th, 2009 at 10:09 pm

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sitarauna Says:
April 7th, 2009 at 8:28 am

There are a couple of places where you can look for foreclosures. Keep in mind that it’s not always as easy as buying a house the normal way.

Here is a list of places you could look:
- real estate agents
- driving through neighborhoods where you would like to buy. The riders on the sign post might say: foreclosure; bank-owned or bank repo
- websites of major banks
- Asset Management Companies (ex. HomeEq Servicing, Premiere Asset Services and Keystone Asset Management)
- government agencies: HUD (Housing Urban Development foreclosure homes), Fannie Mae (foreclosure homes), Department of the Treasury (homes seized by the International Revenue Service) and SBA (Small Business Association).
- web-based foreclosure companies

I hope this helps

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