Evanston IL Real Estate

Honesty- ” Honesty is he best policy“. If you honestly do not know how you got in your current situation or how to get out thats ok because that is why I started the Help Program because many of us are in the same situation and it sometimes takes a person from” the outside looking in rather than a person from the inside looking out” to help  guide you through a difficult time. If you find your self needing Help then together we can look at your current situation and begin to map out all the options for your particular situation.

Energy- ” It is better to put energy toward something that you can control” and that is exactly what I intend to do with you. Let’s focus together on options that are right for you.

Lift- By focusing on those things that you have control it will surely “lift your spirts“.

Peace- “ Peace of Mind” is my goal for you.

Are You Ready for some HELP?

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As a follow up to the Chicago Crains Report ranking Illinois as the 9th Highest in terms of foreclosures I decided to see how my primary market in Evanston is doing in relation to the State. I decided to see how many Single Family Homes and Attached Family homes are currently being marketed as either Short Sales or Bank owned properties.

In Evanston there are 26 Single Family Homes listed as Short Sales and another 14 listed as Bank Owned.  This  number of both Short Sales and Bank Owned Real Estate represents  14%  (40 out of 289) of all Active Single Family Listings in Evanston. The Average Number of days a Short Sale is on the market is 147 days and 167 days for Bank Owned property.

In Evanston there are 26 Attached Family Homes listed as Short Sales and another 4 listed as Bank Owned. This number of both Short Sales and Bank Owned Real Estate represent 5% (30 out of 548) of all Active Attached Family Listings in Evanston. The Average number of days a Short Sale is on the market is 105 days and 48 days for Bank Owned property.

I decided to put the Average number of days on the market because many people are discouraged to writing offers on these properties because of the length of time it takes to close. As one can see from the numbers it does take on average 4 to 5 months to close these transactions.

According to a new report from Chicago Crain 12,681 homeowners in Illinois have received a foreclosure-notice last month. This represents one (1) foreclosure notice for every 410 homeowner. According to Realty Track figures, Illinois is ranked as the ninth (9) highest among other states. Other states in the top 10 were California, Colorado, Georgia, Michigan, New Jersey, and Ohio. The Top three states are -Nevada, Arizona, and Florida.

With Wednesdays news by Treasury Secretary Paulson  stating that the Fed does not intend to use the TARP money to buy risky  mortgage assets it is the opinion of this writer that the housing market will continue to suffer until a new administration can come in with a new plan.

 Some things don’t mind being upside down like

Bats

Monkeys

and Sloths

While other things don’t like it

like Homes

and People

Are you Upside Down with Your Mortgage? Do You Owe More than what Your Home is Worth?

Why Be Upside Down when You Can Be Back On Your Feet?

A “Short Sale” is Better than a ” Foreclosure”

Why Ride the Roller Coaster when you Don’t Have To.

Find out if a “Short Sale”is Right For You

1-888=307-7311

Best Kept “Secret” About Foreclosures       …………………….. Extension 1

All About “Short Sales” ………………………………………………….. Extension 8