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Welcome to Madelaine Gerbaulet-Vanasse's Chicago, Bronzeville and Hyde Park Real Estate Website

Welcome! Here You Can Find Great Information on Chicago, Bronzeville and Hyde Park, Illinois Real Estate  

Looking for homes? Search everything the web has to offer, right here! Don't miss our Feature Homes.  

Need local real estate information? We've summarized much of what is important about the Chicago, Bronzeville and Hyde Park real estate market in this site.  

Need expert advice? No web site, large or small, can take the place of a real estate agent. Not even ours! This site is filled with ways that you can contact us for one-on-one expert help and advice. That's our job.  

Contact us with confidence! We guarantee your privacy will be respected. And we offer the services on this site for free and without obligation. Why? We want to be YOUR real estate agents. As your trusted, professional real estate partners, we will help you find the best home in your area within your price range. And together we will sell your home, for as much as the market will bear, and as quickly as possible.  

Buying and selling a home is one of the biggest events in your life. we have the experience and track record you are looking for.  

- Madelaine Gerbaulet-Vanasse  




Real Estate Tips
Short Sales >2. How to Request a Short Sale

If you are facing foreclosure and are considering selling your home as a short sale as an out, get in touch with a trusted real estate professional immediately. They will be able to assist you in the process of requesting to short sell your home.

  1. Your real estate agent will most likely tell you that some banks will not allow a short sale to happen. Contact your lender’s loss mitigation department and speak with a supervisor. Explain your financial situation and ask if you qualify to sell your home as a short sale.
  2. Ask the supervisor what documents you’ll need to proceed and make copies of those. (Depending on the lender this could be anything from bank statements, tax forms, pay stubs, etc.)
  3. Ask your real estate agent to come up with a comparative market analysis report to show your lender how much the home is worth based on home sales in the area.
  4. Write a letter of financial hardship detailing the reasons you are no longer able to make payments on your home.
  5. When you’ve completed all the aforementioned necessary paperwork, compile it together and mail it to your lender’s loss mitigation department.
  6. Pending your short sale application approval, request a deficiency release from the bank. The release absolves you of any obligation to pay the balance on the mortgage. If the bank refuses, continue to press the issue.

See All Tips In The "Short Sales" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
Where is the world's largest mud building?

A 
The Grand Mosque in west Africa measures 328 feet long and 131 feet wide, and has been carefully maintained for centuries by local craftsmen, especially during the rainy season.
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Madelaine Gerbaulet-Vanasse, REALTOR®, real estate agent and broker for Chicago, Bronzeville and Hyde Park, Illinois home listings, property and land for sale

Madelaine Gerbaulet-Vanasse
Metro Pro Realty

1613 E 55th Street
Chicago, IL 60615
773-667-1000
Fax: 773-667-0000
thePros@metroprorealty.com

MetroPro Realty is a full service brokeage that is equipped to help in buyer, renter or seller.


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