The official definition of a pre-foreclosure property may vary by state, most investors should consider Illinois pre-foreclosure homes to be any property on which the homeowner has fallen delinquent on their mortgage.
How to Find Illinois Pre-Foreclosure Deals
IL pre-foreclosures are best located by using a regularly updated database of Illinois pre-foreclosure listings. RealtyTrac’s database of these properties is the most reliable option for investors looking for deals in your market because it is updated in real time and contains the best information about potential deals and properties.
Market Overview for Pre-Foreclosures in Illinois
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