Chicago, December 2012- a great guide that relinquish the
pain of running for foreclosure listing and the pain and time put on ocular
inspection for an eyed REO home is now history, be dazzled with Resurrecting
Real Estate blog site, Bank Foreclosure TV.
Bank Foreclosure TV is a blog that does not only provide
written content but also videos of the foreclosed homes in Chicago. These
videos include properties on Addison, Alsip and Arlington heights. This blog is
under Resurrecting Real Estate, a company that specializes in REO or Real
Estate owned properties. The blog provides an easy guide to interested buyers
of Chicago REO properties. The blog provides videos to transparently give
investors of the real thing, because in acquiring REO one gets it as it
is. It is common that on the listing the
home is pretty, good and fine but upon inspection the home is a total wreck.
The agency does not hand pick the best pictures or the amazing assets present
in their 700 property listing but the real preview. This is what the blog tries
to avoid, it aims to make every interested investor to have not just a glimpse
but the true condition of the home. What you can find on the blog is raw,
unedited videos, portraying the good and the bad.
The main attraction of the site is REO. These are properties
that have completed the foreclosure process and now are considered as bank
owned or a mortgage company now owns on it. It is also referred as “auction” or
a short sale. It is tagged as REO to the due to the reason that a buyer is
unable to bid for it at the foreclosure auction making the lender the owner of
the property. The liens on this type of property are dealt b y the bank
including tax liens if there is any to include that they are also the ones that
evict the occupants.
It is a common notion that foreclosed properties, specially
in Chicago are all good buys, most of the time buyers have a picturesque
scenery that these beautiful spacious homes are given away in exchange for few
pieces of dimes. In a sense it is not true, the blog provides the true aim of
selling these deserted homes, to stabilize the community by finding buyers that
will truly occupy it. These homes may be may range from need-a-clean-up to
need-a-repair to a total ancient ruin. Only the brave intelligent souls wage to
acquire one.
Once a buyer has chosen a REO he has to make an offer, the
way on how to deal properly is also offered on the site to include what have to
be done after the offer is made. The blog site also gives content support for
agents, where in the basic fundamental knowledge every agent should have is
provided.
The blog site is religiously updated sincerely by the man
behind the Resurrecting Real Estate. The site is a concept of Rosario
Terrancio, a man that been on the Chicago Real Estate industry since 2003,
experience had thought him to fail, to stand and start a new better self that
is fully capable in the chosen industry.
The internet offers a home based access to world, were
innovation, business and investment can be found through a portal called World
Wide Web. Learn and indulge on REO in
the comforts of your home’s comfort zone browse and visit http://www.bankforeclosuretv.com
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