Montgomery - Foreclosures & Pre-Foreclosures For Sale Now!

I took a client out looking at foreclosures & pre-foreclosures this weekend in Montgomery and there are a lot of great deals out there. Foreclosures and pre-foreclosures are just like anything else on the market. You make and offer and see what happens. Even the banks will negotiate. When the property is a pre-foreclosure that means the homeowner is selling the home because they are facing foreclosure. Often times this means it will be a "short sale". That means the home will be sold for less than the homeowner owes the bank- so it will be "short" of what is owed. Typically , the bank will allow this and forgive the seller the difference because it will be more costly for them to actually foreclose and then sell it themselves.
This list represents all the foreclosures and pre-foreclosures on the market up to $250,000. All these homes are listed in the mls with other Realtors. As your buyers representative/Realtor I can help you put together an offer on any of these properties. I have years of experience working with foreclosures and pre-foreclosures and it pays to have an experienced Realtor negotiating the deal for you.

$169,900 - 4 br/2.1 bath, no basement, 2 car garage in Montgomery. Needs work.
This is a bank owned foreclosure.

$199,900 - 3 br/2.1 bath, w/basement, 2 car garage, 2600 sf in Montgomery.
This is a pre-foreclousre opportunity and a short sale.

$202,000 - 3 br/2.1 bath w/basement, 2 car garage, 1900 sf in Montgomery.
HUD property/Government owned for auction.

$228,500 - 4 br/2.1 bath w/basement, 2 car garage, 2391 sf in Montgomery.
This is a pre-foreclosure opportunity and a short sale.

$229,900 - 3 br/2.1 bath w/basement, 2 car garage, 2381 sf in Montgomery.
HUD property/Government owned for auction.

$229,900 - 4 br/2.1 bath w/basement, 2 car garage, 2456 sf in Montgomery.
This is a bank owned foreclosure property.

$234,850 - 4 br/2.1 bath w/basement, 2 car garage, 2391 sf in Montgomery.
This is a bank owned foreclosure property.

$239,900 - 3 br/2.1 bath w/basement, 2 car garage, 2024 sf in Montgomery.
This is a pre-foreclosure opportunity and a short sale.

$245,000 - 4 br/2.1 bath w/basement, fp & 2 car garage, 2400 sf in Montgomery.
This is a pre-foreclosure opportunity and a short sale.

$249,900 - 4 br/2.1 bath w/basement, fp & 3 car garage, 2552 sf in Montgomery.
This is a pre-foreclosure opportunity and a short sale.

$249,900 - 4 br/2.1 bath w/basement, 2 car garage, unknown sf in Montgomery.
This is a pre-foreclosure opportunity and a short sale.

$249,900 - 4 br/2.1 bath w/basement, fp & 2 car garage, 2456 sf in Montgomery.
This is a pre-foreclosure opportunity and a short sale.

$249,900 - 4 br/2.1 bath, no basement, 2 car garage, 2545 sf in Montgomery.
This is a pre-foreclosure opportunity and a short sale.

$289,900 - 4 br/2.1 bath w/basement , FP & 2 car garage, 2737 sf in Oswego.
This is a bank pre-foreclosure opportunity and a short sale.

$299,900 - 4 br/2.1 bath, w/basement, fireplace, 2 car garage in Oswego.
This is a pre-foreclosure opportunity and a short sale.

If you would like a list of foreclosure & pre-foreclosure opportunities in another area visit the contact me section at IllinoisHouseHunter.com

Elburn Pre-Foreclosure Opportunity

I had the chance to look at a pre-foreclosure in Elburn this weekend. It's a small house - probably something for a first time buyer. 1 bedroom plus a loft. The home is in very nice shape with no garage but a gravel parking pad or 2 cars off the street. This is probably a perfect home for a first time buyer. Originally purchased as a rental it has been used as a rental property. I am estimating the value at between $120,000 - $150,000. This home is not yet on the market but I can submit an offer to the bank. So if you are interested in purchasing the property - call me at 630-846-4663. This property will be a short sale - so it means we will be negotiating with the bank on the sale. I have several years experience doing this and I work with a very experienced Attorney & title company that help get the purchase approved.

WebHomeOfTheWeek.com - Plainfield Again!

Yep, the web home of the week is in plainfield again! Okay, this one is a shameless plug. It's my listing and we need to get it sold, plain and simple. You can view the details of this house at my website - http://illinoishousehunter.com/06743941.ad or call me directly at 630-846-4663 (Bo Buchanan). This home is a pre-foreclosure and a short sale. That means the homeowner owes more on the house than it will sell for. The purchase process will not go quickly - the bank will examine every step of the offer and it will take some time to get the deal closed. But, you can get a good house at a great price. I've done quite a few of these and I work with attorney's who are familiar with the process. Currently priced at $249,900 - the price will be lowered within the next couple days (I'll post it here when we lower the price).

The House has an amazing waterfront view. Check it out - this is a view from the kicthen back door - you see the fenced backyard and the pond!

The house has 4 bedrooms plus a loft - a full basement and lots of space! Overall, it's in really good shape. But you will need to do a few things - remove the debris left in the garage and basement, probably replace the living room carpet, fix part of the fence and part of the vinyl siding on the back of the house.

I think this is a lot of house - with a little work to be done. But get it at the right price and you'll be happy with the results! Call me if you'd like to see the house, I'll give you the inside scoop ;)