The Village of Wilmette is situated on Lake Michigan approximately 16 miles north of downtown Chicago. Conveniently located off of the Edens Expressway (I-94), it is bordered on the south by Evanston and on the north by Kenilworth and Northfield.
Buying a foreclosed property is often plugged as a way to get a terrific deal on a property although the foreclosure industry is tightening up with today’s relatively strong job market. There are two ways to purchase a foreclosure property – at auction, or, if sale is unsuccessful at auction, after a bank has taken ownership. These types of homes are also known as REO, or real-estate owned homes.
Good planning and a detailed checklist will take some of the stress out of relocating whether it is just you or an entire family. As you investigate your options, think about what you are and are not willing to give up. Know what you can do without. And call on the wisdom and knowledge of a local realtor to narrow down possible areas instead of taking an overwhelming, whirl-wind trip to the area.