What is a Pre-Foreclosure in Chicago?

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…

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Understanding the Foreclosure Process in Chicagoland

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.…

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