Where to Find REO Listings For Sale
Chicago listings for sale are plentiful and you should be able to find what you are looking for. You might want to check out the options with a private owner. This can often be an option if you know the person that owns the property or have had some contact with them in the past. They might be more willing to sell then if they have had to deal with someone who has made an offer on the property. View here for more info about this company.
There is also the option of going through the REO lending institution. Most people are not going to be happy with this as it will most likely cost you a large sum of money. If you are serious about buying this property then you may need to go this route. It will also be something that will take a while to find.
You could look in the local newspaper for someone who is selling a house. This is not always a good idea as you never really know who will be advertising in this way. It could be someone that is trying to get a foot in the door with the Chicago real estate market. You will also have to deal with all of the paper work. Even if the house sells quickly, you may still have to wait until the closing date.
You can also look online for URB Online for sale. There are a lot of websites that can help you to find this information. This will be a good option because you will have a lot of choices. This will give you the chance to compare prices. You will probably have to pay for the use of the site so you should weigh your options carefully. Many of these sites will charge a nominal fee for their services.
You may want to call a few people that you know to see if any of them know of anyone who may be looking to sell their house. You never know who may have found their dream home at a great price and you may be able to leverage on that. If that does not work then you will have to use your contacts from high school or college to try to locate the owner of the property. Sometimes all you have to do is look hard enough and you will find someone who is willing to sell.
Remember that finding Chicago REO listings for sale can be your best bet. You may find something that is exactly what you are looking for or you may have to do a little bit of legwork. Either way you will have the satisfaction of knowing that you got yourself a bargain. You may even be able to find something that is close to what you desire. Check out this post that has expounded on the topic: https://en.wikipedia.org/wiki/Real_estate_agent.