MIDWEST COUNTRY REALTY INC. 815-289-3376

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  • Short Sale Vs. REO/Foreclosure

    SHORT SALEHomeowner owns the propertyBuyer enters into the executed contract with the homeowner, subject to lender approvalProperty is generally occupied by the owner or tenantsSold As IsTimeframe from execution of contract: Can be anywhere from 2 to 6 month or more depending on the lender.REO/FORECLOSURELender owns the propertyLender enters into ...
    Posted to Midwest Country Realty Inc, (Weblog) by 671835 on January 16, 2010