CHASE FORECLOSURE

How The Game is Won.

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  • Our System
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    • Before & After
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OUR ā€œAā€ STRATEGY

Like any investment, single family foreclosed homes carry an element of risk. We mitigate this risk by implementing our ā€œAā€ strategy when analyzing potential investments. Utilizing our market knowledge will minimize risk and maximize profits, building a long-term relationship with our clients.

ā€œAā€ Locations

Location, location, location. Buying real estate in prime markets is key to successful investing. We look for locations where there is a strong pride of ownership.

ā€œAā€ Property

The type and style of home are critical when purchasing investment real estate. We make sure that the property you purchase is conforming with other homes located in the area. Bottom line, we know what sells!

ā€œAā€ Market Condition

We only present properties where market times are 60 days or less. If a municipality if difficult to work with, we inform you upfront of this fact. We want you to know all issues that may affect the renovation and/or sale.

ā€œAā€ Property Analysis

We know the Chicagoland market. Where to buy and also where NOT to buy. Only properties that pass the ā€œAā€ test are presented to our investors. The ones we pass on are marketed through traditional methods such as the MLS.

PROPERTY PROFORMA

We sent our approved investors a proforma that will detail foreclosure purchase price, renovation scope, projected profit report, and comparative analysis. You can purchase investments confidently as the numbers have been crunched and at your fingertips.

PURCHASE PRICE RENOVATION SCOPE PHOTOS OF PROPERTY PROJECT PROFIT ANALYSIS COMPARABLE SALES
PURCHASE PRICE

We provide you a purchase price that bank will accept. In some cases we will under-bid and other times over-bid depending on the price bank is releasing property.

Example:

Bank List Price: $100,000

Recommeded Offer: $90,000

RENOVATION SCOPE

You will receive a scope number based on renovation contractors estimate to bring the property to a resellable condition. We recommend budgeting for a 10%-15% contingency as there may be a few unknown items.

Example:

Renovation Scope From Contractor: $20,000

Renovation Scope with 15% Contigency: $23,000

PHOTOS OF PROPERTY

We provide as many photos as possible. Usually, forty to fifty photos of each property. We want you to see the good, bad and ugly for each home. Many of our investors our out-of-state and purchase based on photographs provided.

PROJECT PROFIT ANALYSIS

We run each investment through our Foreclosure Flip calculator. You will receive a detailed estimate of projected profit. This calculator can be found on ChaseForeclosure.com.

COMPARABLE SALES

We make sure you have a complete view of potential investment. A detailed comparative analysis is completed for each property. Your report will include closed, pending and active home surrounding the subject. These are pulled directly from the MLS and will include all details on each property.

OUR MARKET

The Chicagoland market has been an active area for investors who buy, fix and sell or rent foreclosed real estate. Being the third largest metro area in the United States, we always have properties available. We cover from the Wisconsin border to the Indiana border and everything in-between.

Chase Real Estate Market Area Map

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How The Game is Won.

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1234 N. Main Street
Anywhere, IL 60540

PURCHASED FOR: $129,000
SOLD FOR: $145,000
SPREAD: $16,000

Click on the Realtor.com button below for all photos and public records about this property. Scroll to the Property History section to view prices and dates for purchase, list, and closing details.

What is a Hit or a Miss? A Hit is when our ARV (After Rehab Value) was within 3% of the actual sales price.

View Propery on Realtor.comĀ 

Just a test

hm-sample

1234 N. Main Street
Anywhere, IL 60540

PURCHASED FOR: $129,000
SOLD FOR: $145,000
SPREAD: $16,000

Click on the Realtor.com button below for all photos and public records about this property. Scroll to the Property History section to view prices and dates for purchase, list, and closing details.

What is a Hit or a Miss? A Hit is when our ARV (After Rehab Value) was within 3% of the actual sales price.

View Propery on Realtor.comĀ 

Submitting a Offer is as Easy as 1,2,3

  • Step 1: Click here to add property link to form. Page will reload…
  • Step 2: Click on Submit an Offer button again. You should now see property address in the Property URL field.
  • Step 3: Complete and submit this form.

  • MM slash DD slash YYYY
  • Max. file size: 256 MB.
    We will need this to present an offer. Make sure approval letters are within the last 90 days. If using proof of funds you can black-out the account numbers.