Plans Set for More Tours of Foreclosed Homes in Chicago Real Estate Market
Buying a foreclosed property can be a relatively low-cost method of acquiring either a home of your own or an investment property, and one great way to get a feel for the Chicago real estate foreclosure market is to take a free bus tour offered by ChicagoForeclosureTours.com.
Chicago, IL (PRWEB) May 22, 2009 -- Buying a foreclosed property can be a relatively low-cost method of acquiring either a home of your own or an investment property, and one great way to get a feel for the Chicago real estate foreclosure market is to take a free bus tour offered by ChicagoForeclosureTours.com. Tours will be offered once a month in May and June, and reservations are required.
 The free tours, which run from 10 a.m. to 1 p.m., are scheduled for May 30 in the Schaumburg-Hoffman Estates area and June 27 in Naperville. Each tour will visit from six to eight foreclosed properties as time allows.
To reserve a spot on one of these upcoming tours or to get additional details, call 847-542-7018 or go to www.ChicagoForeclosureTours.com.
Chicago Foreclosure Tours is an affiliate of American Foreclosure Tours, which was created last year by Matthew McCarthy, an agent with RE/MAX of Barrington in Barrington, Ill. It has grown into a national network of affiliated RE/MAX agents experienced in handling foreclosures in 60 cities and all 50 states.
All tours are organized and hosted by RE/MAX agents and offices, but not all involve a bus. In fact, interested buyers most frequently go out individually with one of the affiliated RE/MAX agents.
According to McCarthy, the tours, whether by bus or car, give interested buyers the opportunity to see what these Chicago real estate properties are like and to get their questions answered about the buying process. It's not possible to look at all the available foreclosure properties in a large area in a few hours, but each of these tours will serve as a good introduction to the kind of foreclosures that are currently available in a given market area.
More than 120 Web sites, each devoted to marketing foreclosed homes in a specific geographic area, now serve about 700 new customers each month, helping them decide if buying a foreclosure fits their needs and, if the answer is yes, working with them to find the right one.
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