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Question:

real estate auction houses in Chicago?

How can I find all real estate auction houses in Chicago?

Answer:

Most likely those are properties that the bank foreclosed, and the amount they ask for the house covers their losses. They can be a very good value, but they can also be a big pain in the butt because the bank holds all the cards and you just have to be very patient in dealing with them. They will do what they're going to do in their own good time.
Chicago Auction Houses
Most real estate auctions are listed in your local newspaper under real estate auctions. You might also google real estate auctions followed by Chicago. Many sites would appear for your use. You would need to call to find out the date and time of any potential actions. You might also find out the requirement to bid at the auction. Some auctions require a real estate agent to accompany you, have 'a pre-approval letter from a local or national recognized mortgage lender, cash for a certain percentage of the sale price, cashier checks, checks from a local bank statements proving you have sufficient funds to close on a bid you were able to get. These are a few possible requirements that might of might be used. I hope this has been of some benefit to you, good luck. FIGHT ON

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