Affordable rehab houses for sale.
With decades of selling distressed homes in Chicago, URB Chicago is your local and most trusted distressed property seller in Cook County, IL.
We are valued for several reasons such as our variety of distressed, foreclosed, and vacant homes for sale to our focus on customer service, but when it comes to buying a house from URB Chicago, our owner financing can’t be beaten. In fact, during our follow-up calls and testimonials, our owner financing contract for deed agreements are often cited as a great way to buy a house for people with bad credit and low income.
URB casas en venta Chicago y sin ningún papeleo de su parte. Si tienes mal crédito o no tienes crédito para comprar una casa en venta en Chicago con nosotros, no hay problema. Financiamiento sin verificación de crédito.
Nuestra empresa le financiará
Sin verificaciones de crédito
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In this article, we’d like to share with you, 3 great benefits of owner financing when buying rehab houses for sale near me. But, first, let’s discuss exactly what a rehab property is.
Rehab houses for sale in Chicago
Chicago, in Cook County, IL has one of the fastest-growing rehab markets in the United States. The reason is due to two things. First, Chicago’s southside and westside neighborhoods have houses for sale dating back over 150 years and the industrial revolution. Secondly, while established homes on the East Coast may be older, Chicago’s immigrant population migrated during several housing booms in the 1800s, turn of the century, 1920s, and 1950s. This provides Chicago some of the most developed and varied homes of any U.S. city.
Unfortunately, over the past 150 years, many of these homes fell into disrepair, neighborhood populations ebb and flowed, and jobs came and went. This led to properties that are outdated, distressed, vacant, and abandoned.
While it is sad to see many of these great architectural styles such as Chicago bungalows, 2-flat wood-frame houses, Greystones, and red-brick multi-flat apartment buildings for sale fall into disrepair, it is exciting to see that Chicago’s rehab market is thriving.
As non-traditional homes, you may be asking, “How can I find and buy rehab houses for sale near me in Chicago?”
3 benefits of owner financing when buying rehab houses near me
Owner financing simply means that instead of buying a house for sale or Chicago property for sale and financing through a bank, the owner of the property for sale will finance the property for you. Here are three reasons why this is a great way to finance a property.
Bad credit and low income are not a factor: When you buy an owner financed house from URB Chicago, we don’t check your credit. That means owner financing with URB Chicago provides an opportunity for people with bad credit and low income to buy a house or property for sale.
Buy houses fast: When buying “rehab houses near me” with owner financing in Chicago’s Southside and Westside neighborhoods you don’t need to worry about banks and other lenders who can take a lot of time to make a decision and require extensive paperwork. URB Chicago finances your property and that means your sale is quick, often within days rather than months.
Cheap houses for sale in Chicago: URB Chicago has contract for deed agreements which means you can buy a house or property for sale in Chicago with low money down and affordable monthly payments. For rehabbers in Chicago flipping houses for profit, this is an opportunity to buy a distressed property for sale in Chicago and still afford to fix and flip the property.
URB Chicago has been selling distressed houses for sale in Chicago’s southside and westside neighborhoods like Roseland, Englewood, South Chicago, and West Pullman for nearly forty years. Contact us today when you want to buy “rehab houses for sale near me.”