Thursday, August 11, 2011

IL foreclosures down 3.5% in July

I saw in the Tribune this morning that Illinois home foreclosure activity fell 3.5 percent in July compared to the previous month.  RealtyTrac (a company that tracks these statistics) attributes the decreases in many states to paperwork processing delays as well as national and state efforts to help homeowners prevent foreclosure and stay in their homes.

I think many more people are also realzing the benefits of a short sale - which is NOT the same as a foreclosure.  If you are a homeowner struggling to make payments, give my office a call so we can discuss your options.

Posted by Bradford Miller Law, P.C.
Real Estate Law, Landlord Tenant Law, Estate Planning
134 N. LaSalle, Suite 2250
Chicago, IL 60602
312-238-9298
http://www.bradfordmillerlaw.com/
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