Friday, April 17, 2009

There's some great deals in Oak Lawn right now

I'm seeing more and more short sale and foreclosure properties available in all towns I work in. But a couple of steals have been on the market in Oak Lawn lately. There are 2 bedroom, 2 bath Oak Lawn condos for sale with in-unit laundry rooms and one even has a garage at some very low list prices.

One of the units I recently saw has an offer and the latest steal already has multiple offers and hopefully my buyer has a chance at it because this one is really the best deal I've seen! Click the link above to view a list of all Oak Lawn attached properties currently up for sale.

Short sales and foreclosure listings are not for the timid and you need to understand the process, which can be lengthy. There are also special addendums that accompany all of these kinds of sales.

I'm still waiting to get a signed contract back from an accepted reo property in Oak Park, IL. It's been over a week since we were told the offer was accepted but no contract from the bank that owns this home. It can get very frustrating.

If you're looking to invest or just get a good deal, check out the website link given above. That site offers a full MLS search where you can get property details, photos and even virtual tours. Keep in mind, these kinds of low priced properties sell fast and have multiple offers. But even with accepted offers above asking price, they are still a very good value.