Olson Home Buyers Blogs

Your Source for All Your Home Selling Insights

Welcome to the Olson Home Buyers Blogs, where you'll find a wealth of information and insights into the world of real estate in Illinois. Whether you're a first-time homebuyer, a seasoned investor, or simply interested in the local housing market, our blogs are here to educate and inspire you.

What is a Pre-Foreclosure in Chicago?

By joleanolson | July 23, 2022

With the economy changing, and inflation remaining high, the number of homes across the country going into foreclosure is spiking. It’s important to understand the process beginning-to-end. So what is a pre-foreclosure in Chicago anyway? Inflation is at a forty-year high. Savings are low. Many homeowners across America and Chicagoland are facing difficulties making their…

How to Avoid Foreclosure in Chicago

By joleanolson | July 16, 2022

If you let your home go to foreclosure, you might as well be burning money. While the housing market is changing, many people in Chicago, IL are still struggling to make their mortgage payments. If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you’re more than likely scared…

How to Sell Your House to an Investor in Chicago, IL

By joleanolson | July 9, 2022

There’s no place like home. Except the next home. And the one after that. Home ownership just isn’t what it was in the 1950s! In the past, people would buy a home and live there for literally the rest of their lives, often passing it on to their kids. To say things have changed is…

Selling Your Home During a Divorce in Chicago

By joleanolson | July 2, 2022

Getting a divorce… well, it sucks. This is not what you envisioned when walking down the aisle. You have so much stress and things to worry about, including potentially dividing the home you once shared. It’s extremely stressful and causes a lot of anxiety and fear. This article aims to help ease that as much…

How to Stay in My Home After Foreclosure in Chicago

By joleanolson | June 25, 2022

A recent study estimates that nearly 50% of foreclosed properties are still occupied. Let that sink in. Half of people (ok, technically 47%) who are foreclosed on are still living in their homes! When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t…

What Do I Need To Do To Sell My House In Chicago, Illinois?

By joleanolson | June 18, 2022

You want to sell your Chicago area house, and you want to get top dollar. Awesome! But “What do I need to do to sell my house in Chicago”? Here are some tips on how to get your home ready to sell if you’re looking for the top dollar that the market will bear: *NOTE:…

row of homes in a suburban chicago neighborhood

We Buy Houses in Chicago Companies – Are They Credible?

By joleanolson | June 11, 2022

If you’ve spent any time driving around Chicagoland, you’ve probably seen billboards claiming, “We Buy Houses,” or “Cash for Your Chicago House.” But what’s the story behind these companies? Are they really credible, or should you be cautious when working with them? When you’re in a position to sell quickly, knowing who you can trust…

Understanding the Foreclosure Process in Chicagoland

By joleanolson | June 4, 2022

Understanding the foreclosure process in Chicago is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in Chicago What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun.…

Can I Sell My House in Foreclosure in Chicago?

By joleanolson | May 28, 2022

Do you have a house in Chicago that’s in foreclosure right now? Many people going through the Illinois forelosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you can…