Category: RECOUP

Divorce and Foreclosure Options: Kathcon Real Estate

Not long ago, we met a couple who, unfortunately, were in the midst of a contentious divorce. As their divorce dragged on through the court system, their mortgage became an early casualty making them a target for an assortment of proposals to help get them out of debt and avoid foreclosure on their home.

They tried to sell their home first by owner, then through one real estate agent, and…

Avoid Bankruptcy: Chicago Area Upside Down Mortgage Relief

Like many people in the Chicago area that are upside down in their mortgages, we found a client who was clearly in trouble and searching for relief. His first mortgage was ok, but his second mortgage made him financially inverted with respect to his property value. Prior to meeting with the real estate team at Kathcon, he wasn’t aware that there was a program that could offer a real solution…

Sell an Obsolete Older Home in a Buyer’s Market & Make Money: RECOUP

Recently, a Chicago area couple, and distraught homeowners, contacted Kathcon Real Estate looking for solutions to sell their home. They had been unsuccessful in their attempts to sell the home for too long. Their home was an older home and functionally obsolete compared to the newer homes that were recently built in their neighborhood. We determined that the best course of action was to market…