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Foreclosure

Monday, March 25, 2013

Sheriff Rebukes Illegal Cook County Eviction Notices

Sheriff Tom Dart says CHIProperties has been issuing "highly illegal" notices to a number of Cook County residents.

Cook County Sheriff Thomas J. Dart directed a Chicago-based property management company to immediately cease and desist from providing tenants in Cook County, who reside in properties that are the subject of foreclosure proceedings, with illegal notices that contain threats and misleading, inaccurate information. CHIProperties of Chicago has been posting notices telling rental residents they are considered trespassers and must call immediately to make arrangements to move out. The posting also says an eviction process has started—even if an eviction suit has not yet been filed in Circuit court. “This notice is illegal, highly deceptive, and amounts to a constructive eviction in apparent violation of various federal, state and local laws, …

BUTCH

12:08 am on Wednesday, March 27, 2013

What part of Romney's commie partners and the transferring of jobs and technology to the Communists of Red China is not comprehensible to all the TPARTY traitors like Ernie ? What we have here is a failure of human DECENCY not just a lack of values, the origins of evil began in the Temples of AIPAC where they worship the golden calf, the wars for drugs, terror and even disinfo on guns is all a …   more ›

Friday, July 6, 2012

Local Home Sales, Foreclosures and More in Patch's House and Home Section

Keep up to date on the latest real estate action in Palos.

Tuesday, October 26, 2010

Underwater Homeowner in Palos? Here's What To Do

There are some options for homeowners to refinance or sell, even if they owe more on their mortgage loans than what their homes are worth (Part 2 of 2)

John Horton has one piece of advice for homeowners in the Palos-area who want to refinance their mortgage loans but can't because they owe more on them than what their homes are worth: Call your current mortgage lender. "Lenders don't want things to turn out bad for the people whose mortgage loans they are servicing," said Horton, senior vice president and sales manager at Hickory Hills-based Standard Bank & Trust Mortgage Group. "A lot of times, the lenders might be willing to work with people on a refinance even if they don't have the equity in their homes that lenders usually require. Being underwater today certainly isn't a unusual problem. It's one of the biggest issues in the lending industry today." Underwater homeowners -- those …

Tiffany Wright

2:28 pm on Thursday, October 28, 2010

I was facing foreclosure just last year and my bank told me about either refinancing or doing a loan modification. Since my husband lost his job we didn't qualify for a refinance, instead we applied for a modification. We applied using the makinghomeaffordable site but the BOA denied us because of incomplete documents We did some online research and found freehampreport.com. 5 months later I …   more ›

Monday, October 25, 2010

Palos-area No Stranger to Underwater Homeowners

The communities of Palos have their share of homeowners who owe more on their mortgage loans than what their homes are worth (Part 1 of 2)

Chuck Toland may not have any statistics to back him up, but he's certain that a significant number of homeowners in the Palos-area are underwater, owing more on their mortgage loans than what their homes are worth. Toland knows this because, as vice president of The Money Shop, a mortgage company based in Palos Heighst, he often receives their calls. "We've seen a lot of people here who are underwater," Toland said. "Home prices have gone down everywhere. When that happens, you're going to get people who owe more on their loans than what their homes are worth. It's a rough situation for homeowners to be in." The Palos-area is far from alone: A spokesperon from CoreLogic, a data company that tracks the percentages of homeowners with …

johngreg26

2:09 am on Tuesday, October 26, 2010

If you are in a home and want to refinance, 2 things are absolutely key. First, you must have meaningful equity in your home. Second, you must have a good credit score. But in this economy if you do not have both of them still you could get a good rate, Search online for "123 Mortgage Refinance" they gave me the lowest rate of 3.45% my credit history is not so good.   more ›

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