With over 22 years experience in the Chicago real estate market, a experienced team of property specialists and a vast network of resources, our URB experts can provide you answers; be it regarding how to make money rehabbing property, what should you ask before hiring a contractor, best methods to save money on remodeling, or just about anything relating to making money, investing money or saving money in real estate.

Q.  Can I buy homes in Chicago from the banks?

A. Yes you can if you have the cash and the stomach to learn how to buy them. We conduct hours and hours of reshearch, inspect hundreds of bank owned homes for sale a week and negotiate with the banks to get the best deals in the Chicago area, so that our clients can get the best deals on bank owned properties for sale, its not as easy as one thinks.  These bank owned properties are available all over Chicago and the banks are looking to liquidate them. From single family homes, condos, 2 flats, 3 flats, and 4 flats, there are many properties available that banks are looking to sell, problem is they only take only cash offers and you better know what your doing, its not for the faint at heart!

Q. What advantage does Urb give me when I can buy bank owned property in Chicago directly from the bank ?

A. Keep in mind that the foreclosure process takes a long time. By the time a bank actually owns a property, it could have been neglected for many months. Some properties are in good condition, but others are waiting their date for demolition or even worse housing court. The process of bidding on a foreclosed home takes guidance and patience. Many levels of bureaucracy can be involved in the sale of a bank owned property. If you submit a bid on a property, the paperwork goes through a maze of bank departments and mid-level administrators before a decision can be made. It often takes weeks to hear about the status of an offer. These nerve-wracking waits are not for the faint of heart. Urb makes 100’s of offers a week to purchase only a few good one’s, we also work for many lenders that call us to take them off there hands, at a great prices. If you have the time and money to wait and learn, see for your self,, don’t forget our URB financing options that banks don’t offer,,, they want all cash for all the good deals..if you can get them.