Chicago Short Sales, Foreclosures, Bank Properties - Chicago Illinois 60656

Chicago Short Sales - Illinois Free Pre Foreclosure Listing Service

www.ChicagoShortSalePro.com

www.sellwithme123.com

List for Free... 

TEL 773-987-8224 - Chicago

TEL 847-696-1664 - Suburbs

Free Short Sale Listings by Michael Sorensen - Licensed Real Estate Broker in Illinois and #1 Ranking Listing Agent for The #1 Best Selling REMAX Realty Office in Chicago, Illinois.

Short Sales in Chicago & Suburbs - Illinois Pre Foreclosure Help

List For Free - Do a Short Sale - Stop Foreclosure:

www.SELLWITHME123.com  

- there is no charge to our seller clients for any of our short sale service. You will never be asked to pay us any money, regardless if the deal closes or not. We negotiate our real estate commissions and attorney fees directly with your lender.

Short Sale info: www.Chicago-IL-Short-Sale-Foreclosure.com/ShortSale 

Michael Sorensen - REMAX Agent - Short Sale Specialist

- Providing Free Short Sale Real Estate Listings for Property Sellers facing Foreclosure 

- Serving Chicago and most Suburbs - Northern Illinois Real Estate Short Sale Listings - Free Pre Foreclosure Help

TEL 773-987-8224 - direct

TEL 847-696-1664 - direct

Chicago Short Sale Listings & Illinois Pre Foreclosure Service for Property Sellers in Chicago & Suburbs, Illinois (we are paid by the Bank).

Michael Sorensen of RE/MAX CITY REALTORS

Serving Chicago & most suburbs in Northern Illinois.

- Michael Sorensen is one of the Top Producing Agents for the Number 1 REMAX Realty Office in Sales in Chicago Illinois in 2008.

www.ChicagoShortSalePro.com  

TEL 773-987-8224 ..call me anytime!

Michael Sorensen, Broker ASC, ABR
Short Sale/ Foreclosure Specialist
RE/MAX CITY REALTORS
7020 W. Higgins Ave
Chicago, IL 60656

Main website:
www.ChicagoShortSalePro.com

Related Terms & Definitions.

Short Sale (Pre Foreclosure Sale - Short Sell - Short Pay).
Definition: Short Sale is a Real Estate Sales Transaction where the proceeds of the sale fall short of the property owner's outstanding real estate debt obligations (mortgage loans, real estate taxes, commissions, etc..).

A lender may agree to adjust the amount owed on the mortgage and accept less than a full payment to get the property sold and avoid foreclosure, by selling the property to a third party, forgiving the balance, if the seller is in financial hardship or must relocate, and a short sale is the only way to get the property sold.

Foreclosure.
Definition: Repossession of a real property. A legal process by which the lender forces a sale of a mortgaged property because the borrower has not met the terms of the mortgage.

REO.
Definition: Real Estate Owned. Refers to Bank owned property aquired through foreclosure. If a property is foreclosed upon and does not sell at the sheriff sale (auction), it goes back to the lender and becomes an REO.

BPO.
Definition: Broker Price Opinion.

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www.ChicagoShortSalePro.com - TEL 773-987-8224 ...call now

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