A NOT SO GLAMOROUS LOOK AT THE UNDERBELLY OF CHICAGO'S HOUSING MARKET


All photos taken live from Chicago properties & environs

Showing posts with label fraud. Show all posts
Showing posts with label fraud. Show all posts

Monday, January 12, 2015

Realtor Promises Buyers Change is Coming

One of Chicago's top real estate agents refused to disappoint his clients. The buyers were not interested in restoring an older home or dealing with the quirks associated with vintage properties in Chicago. They wanted something new, so their agent took them to a property near the el with city views. And then he offset his clients fearful looks with a surprising billboard validating his assertions about change.
Garfield Park
Jan. 2015

Monday, July 9, 2012

Former Owner Said He Saw the Signs


The former owner of this Ukrainian Village brick 4 flat said he doesn't blame his unrealistic expectation of a selling price, or overeager withdrawl of his home's equity for his foreclosure, but simply, and perhaps deeply spiritually, says there were signs telling him that he was in trouble and he needed to vacate.
UKRAINIAN VILLAGE

Wednesday, March 28, 2012

Bank Forces Homeowner to Play William Tell


An investigator for a large national bank showed up at this Logan Square two flat last week, bearing a crossbow and painted the dreaded Burroughs Circle on the kitchen wall before asking the borrower to assume the position and verify one more time if he's actually been unemployed for three years or has chosen not to work and live rent free. The home appeared vacant upon inspection with the buyers noting the strong smell of "something rotting."
LOGAN SQUARE

Monday, March 5, 2012

Grout Lined Granite is All the Rage


Remodelers and Developers continue to set trends in housing by offering the one thing a buyer should care about: Quality Countertops. In their latest effort to offer the prospective homebuyer comfort and luxury, builders are altering the previous decade's demand for smooth granite with the more contrasting feel of grout lined granite, formerly known as TILE. And all this is available right now, for the same price as the less desirable grout free granite.
AVONDALE

Friday, January 13, 2012

The King of Beers is now King of Anti-Freeze


Under the weight of burgeoning micro-brew sales, Anheuser-Busch has decided to market it's swill to foreclosure preservation companies that need to prevent water pipes from freezing. Banks are refusing to comment though on the increased number of intoxicated men with clipboards, snoring in the bathtub.
ROGERS PARK