February 23, 2010
Peter & Mary, Chicago, IL
Peter & Mary purchased a beautiful newly constructed one bedroom condominium in the River North neighborhood of Chicago in 2006. The bought directly from the developer, and paid a total of $290,000 for the unit including one deeded garage parking space and some upgrades. When they purchased the home, they put 5% [...]
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February 18, 2010
I read an article just yesteraday that stated the average short sale success rate for most agents across the country is 23%. Stated another way, real estate agents fail to execute the short sale transaction 77% of the time! What’s the typical outcome of a failed short sale? A FORECLOSURE! Yes that’s correct – a foreclosure. That [...]
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