1 HR Preview- 621 Webster St, Algonquin, IL

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$169,500 priced just dropped!

Join us in Algonquin for a 1 HR Open House Event at this short sale property. Bring your checklist to add up what you'd fix to bring top dollar to this large property on a quiet street. 4 large bedrooms, 3.5 baths, a bonus room over the garage, with a full, finished walk out basement, deck and patio offer a lot of room to work with. On the same block as the Eastview Elementary School, the quiet street and big backyard offer a private retreat to entice buyers with families, ideal for a rental.

About this property:
This property listed by our office as a short sale. There is no auction date on this property. Our team negotiates in house with the bank on the seller's behalf. No third party attorney or service. We closed 50+ transactions last year and we're ranked #3 at Charles Rutenberg Realty in sales.

About the short sale process:
Our short sales typically take 12-16 weeks to push through the bank negotiation process. We handle tax liens, 1st and 2nd mortgages. The bank will not allow assignments on the contract or wholesaling. Deed restrictions may apply.

Banks require an appraisal of the property and look for comps from recently closed nearby properties, including regular, full price, retail sale. Although some consideration is taken for extremely poor condition, the properties are sold AS-IS and the bank will not consider repairs or a credit for repairs. Pennies on the dollar offers are not accepted. Cash or conventional.