50% of all homes sales in August 2010 in Plainfield IL were short sales or foreclosures | Plainfield IL Homes for Sale
I was surprised to see such even numbers from the data I pulled…
I like even numbers, but I don’t like this data.
50% of all homes sales were distressed home sales, as in; either foreclosures or short sales.
Exactly 25% were short sales, and 25% were foreclosures, but I don’t know which is worse?
They are big numbers either way.
What I find disturbing is the high rate of homeowners in foreclosure opting to do absolutely nothing? I don’t understand this.
WHY?!
Letting the bank take your home is not the best solution. There is a better way, and unless you are talking to a lawyer, you have no idea about the implications of letting the bank call the shots on being in foreclosure.
If you are facing a job loss, have missed a payment, or are in foreclosure and are facing eviction… call me at 630-673-6233. I can help you when the bank won’t. Real estate prices aren’t getting better anytime soon, so you need someone who can help you that understands what you need to do to get out from under the property that is no longer an asset.
Julie Ferenzi | Realtor®
Plainfield IL Short Sales
630-673-6233
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