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Welcome to First Chicago Real Estate,Inc
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SHORT SALE
A short sale is when a bank or mortgage lender agrees to discount a loan balance due to an economic hardship on the part of the mortgagor.
A short sale typically is executed to prevent a home foreclosure. Often a bank will choose to allow a short sale if they believe that it will result in a smaller financial loss than foreclosing.
In short, a short sale is nothing more than negotiating with lien holders a payoff for less than what they are owed, or rather a sale of a debt, generally on a piece of real estate, short of the full debt amount.
Lenders have a department which processes potential short sale transactions Not all lenders will accept short sales or discounted payoffs, especially if it would make more financial sense to foreclose.
Call me for more information about Short Sale.
Holding your best interests in the highest regard throughout the real estate process...
First Chicago Real Estate, your source for Chicago real estate |
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Whether you are buying or selling a home, hire someone like me. I'd be happy to assist you with this important transaction.
As a listing agent , my extensive marketing plan gives a homeowner the opportunity to get the maximum value for his/her property. For buyers, I help negotiate the best possible deal and search until we find the perfect property. Nothing satisfies us more than seeing the smiles that come with a successful sale or the purchase of a lifetime .
In addition, if you have any general questions about buying or selling real estate in Illinois, please contact me as I'm more than willing to help.
Please browse my website for listings, reports and important local real estate information.
Sincerely,
CATALINA STOIA
First Chicago Real Estate,Inc
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6150 N.Lincoln Avenue
Chicago, Il 60659
Cell:847.322.2679 Email:catalina@catalinastoia.com |
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