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Buying Distressed Properties

Many homes on the market today – up to 50% in some markets – are categorized as "distressed properties."

These are homes that are being marketed as "short sales" or have gone through the foreclosure process. In a short sale, the homeowner owes to
the bank more than the home is worth and they can no longer afford to maintain the mortgage, but the lender - rather than foreclosing - agrees to the
sale of the property for less than the balance of the loan.

The sale of distressed properties often have a different dynamic than traditional sales – sometimes requiring more paperwork and having a longer transaction process. For these reasons, many buyers do not consider purchasing a short sale or foreclosure property. However, if you understand these dynamics up front and work with a certified United agent who has an understanding of this market, you can get a great home at a great price!

Many United agents have been specially trained in working with short sales or foreclosures. They can help you navigate through the process in order to locate and purchase exactly the right home for you.

Please provide your information below and we will have a certified United agent contact you right away to help with your purchase of a distressed property!
   

    






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United Real Estate - Chicago
One Mid America Plaza, Ste. 120,
Route 83rd & 22nd Street,
Oakbrook Terrace, IL. 60181

Toll-Free: 1-888-961-6161
Email Us: unitedclientcare@
unitedrealestatechicago.com

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