6 Ways To Keep Your House During Foreclosure (and 7 Ways To Ditch It)

6 Ways To Keep Your House While Facing Foreclosure

So you’ve missed a few payments and now you’ve got a notice from the bank that you’re facing foreclosure. What do you do?! Well, here are 6 solutions that allow you to keep your house and 7 that let you ditch it and the foreclosure.  Option 1 to keep your house and get out of … Continued

5 Things a Chicago Listing Agent isn’t Going to Tell You

If you’ve decided to sell your Chicago home, stop looking for a listing agent and consider your options before making a costly mistake. Not all properties and not all sellers fit perfectly into the standard MLS listing model. Some home sellers are under pressure to carry the expenses of relocating before selling their first home. … Continued

How Much Your Empty House in Chicago is Really Costing You

So you have listed your home for sale on the market and already spending the profits in your imagination. But have you taken an accounting of all of the possible funds you’ll need on hand before the house ever sells? Or the potential amount the time on the market could cost? It can be expensive … Continued

A Breakdown of Fees for Homeowners Listing Their Homes in Chicago

There are far more expenses involved in listing a home in Chicago than most homeowners realize. Having realistic expectations about actual listing costs allows homeowners to properly prepare financially for the outlay of funds. Regrettably not every cost is apparent and all too often homeowners find themselves in a financial pinch because they didn’t calculate … Continued

5 Things You Should Know About Inheriting a Property in Chicago

How exciting! You’ve inherited a house! But wait, not so fast.  Without giving it much thought, many consider inheriting a house a windfall. However, the reality is that you may be inheriting a sinking ship that you’ll be responsible for, whether you can afford it or not. So while the best intentions may have motivated … Continued

Foreclosure notice of default in Illinois– what is it?

If you’ve gotten a foreclosure notice of default and want to know what the heck is going on, keep reading. Basically, a foreclosure notice of default is a document that has to be filed by a lender to let you know you’ve missed enough payments and they want to start the foreclosure process so that … Continued

What Is Selling a House “As-Is”?

So you want to sell your house and think the only way is to sell it “as-is”. It has lots of problems you don’t want to fix, or your got it when your parents passed away and you just want to move out and move on! It’s got a leaky roof, finicky plumbing, or maybe … Continued

Selling Terms You Should Know

When you’re thinking about selling, there are some things you should really know, and it helps to learn them by learning a few key terms. We’ll make sure you know what both agents and cash buyers, like SILT Real Estate and Investments, LLC, use. Terms After Repair Value (ARV): After repair value (usually shortened to … Continued