Home Solutions

Home Solutions Home Solutions, A Full Service Short Sale Co. Home Solutions is here to seamlessly guide you through the Short Sale process and ensure you are making the best decisions possible to stabilize your financial future.
(12)

Our dedicated team of realtors, negotiators, attorneys, & CPA’s will provide you with the knowledge to understand the process and why these decisions fit your specific situation.

Mission: To conduct effective short sales for homeowners while minimizing their liability. We treat the homeowner’s situation as if it is our own, and strive to make the process smooth, easy and private while perpetuating honesty and integrity. **************************************************** IMPORTANT NOTICE FTC mandated disclosures: Home Solutions is a for-profit business and is not associated or affiliated with the government or any lender, and its service is not approved by the government or any lender. Even if you retain and use Home Solution services, your lender(s) may not agree to change your loan and/or approve a short sale. You may stop doing business with Home Solutions at any time. You may accept or reject the offer of mortgage assistance/approval or a short sale we obtain from your lender(s) or servicer(s) of your loan(s), and if you reject such offer, you do not have to pay Home Solutions. If you accept the offer, you agree to compensate Home Solutions in accordance with the terms set forth in the Home Solutions Short Sale Processors Fee Agreement. *If you stop paying your mortgage, you could lose your home and damage your credit rating.*

Operating as usual

11/08/2020

🧡 DID YOU KNOW? 3 million homeowners are still in forbearance on their mortgages as a result of the pandemic sharply down from the height of the forbearance wave back in June, when as many as 4.3 million borrowers were in forbearance, according to data from the Mortgage Bankers Association. Unlike the Great Recession, the speedy intervention provided by the CARES Act ensured mortgage forbearance options for homeowners who were financially harmed by the pandemic recession and had a federally backed loan. And while forbearance options will help some homeowners keep their homes, the path of employment rebound – which is still unclear - will be a critical determinant for many delinquency outcomes. (CNBC)

11/06/2020

🧡 It’s been awhile! But can’t deny that I’ve been called or emailed more than I thought possible recently. If you or someone you know is in need of short sale advice or facing foreclosure, YES we are still here to help.
Email is same as before:
[email protected]

05/06/2020

🧡 Taking It back to 2012!

05/06/2020

🔶 DID YOU KNOW? Comparing February 2020 to 2007 - just as the GREAT RECESSION was beginning - today only 6.6% of home owners have less than 10% equity in their homes: in 2007 that figure was more than DOUBLE at 14.5%. The average loan-to-value ratio is around 53% where it was about 62% in 2007. Almost 10% fewer homeowners have a mortgage too. (Black Knight/Urban Institute)

🧡 A glimpse of the last housing crisis compared to the short term recession we are in now.
05/05/2020

🧡 A glimpse of the last housing crisis compared to the short term recession we are in now.

💥 NEW BLOG POST💥. 🙌🏼 With strong partners by your side, you can swing past any challenge! 🖤 We know some of you may be facing an uncertain future due to the coronavirus. In our most recent blog, we discuss the current real estate market and how our own personal challenges have helped us serve thousands of distressed homeowners in the past and even now. (Plus, a peek inside our lives these days and update on the Modern Oak Home.) Link in Bio!! Or go to TheOertelGroup.com/Blog . . .

05/05/2020

🔶 DID YOU KNOW? Compared to 2018, more Americans in 2019 did not have a one-week buffer of savings and were less confident that their insurance would provide sufficient coverage to help them weather an emergency. Covid-19 has exposed the true fragility of Americans’ financial lives. Among people with household incomes of less than $30,000, just 45.1% of respondents said they could pay all of their bills on time in 2019.

05/01/2020

🔶 DID YOU KNOW? Yesterday, in all this mess, the equity markets finished their best month in 30 years! The S&P 500 gained 12.7% while the Dow advanced 11.1%...in one month. Expect more volatility over the next few months as the economy returns to life. Some are calling it the "APRIL UPTICK. #goodnews

04/28/2020
CARES Act Mortgage Forbearance: What You Need to Know— consumerfinance.gov

🟧 Make sure to call your lender before skipping a payment. You must first make an arrangement with them or you will be considered late and have credit implications. Most lenders are not forgiving payments so be sure to call and understand all options.

Visit https://www.consumerfinance.gov/about-us/blog/guide-coronavirus-mortgage-relief-options/ to learn more about coronavirus mortgage relief options under ...

Home Solutions's cover photo
04/22/2020

Home Solutions's cover photo

04/22/2020

🔶These are challenging and uncertain times. We wanted to share some information to educate you about mortgage forbearance.

🔸Mortgage forbearance is an agreement between you and your mortgage servicer (the company you make your mortgage payments to) to defer or reduce your mortgage payments for a limited time. If you've been financially impacted by the coronavirus pandemic, you may qualify for forbearance.

🔸However, forbearance is only recommended for those who cannot afford to keep making their mortgage payments. If you can continue paying your mortgage, it is strongly recommended that you do so for these reasons:

🔸Mortgage forbearance does not reduce how much you owe, and the total amount of your deferred or reduced payments must be repaid in the future.
🔸After your forbearance period, you will be required to repay the total of your deferred or reduced payments, plus interest. This may be required to be paid as a lump sum single payment.
Forbearance will require you to make larger future payments to repay what you owe, and it may extend the length of your mortgage term.
🔸If you are unable to satisfy the terms of your forbearance, it could lead to foreclosure.
🔸Entering into forbearance may disqualify you from obtaining a new mortgage in the near future, whether to purchase or refinance a home.
It may not be possible to receive forbearance a second time, so it should be saved for when you need it most.
🔸If you cannot afford to continue paying your mortgage, forbearance may be an option. For advice and next steps, please contact your mortgage servicer.

04/21/2020

🧡 DID YOU KNOW? The FHA is contemplating allowing Fannie Mae and Freddie Mac, the government-controlled mortgage-finance giants, to buy home loans that recently entered forbearance, meaning borrowers have stopped making payments, the people said. That would help nonbank mortgage companies that lend to home buyers and then quickly sell the loans to Fannie and Freddie.

🧡 Contact us if you are struggling or have questions.
04/20/2020
Homeowners | Home Solutions, Chicago Short Sale

🧡 Contact us if you are struggling or have questions.

Home Solutions assists homeowners, Realtors and mortgage services on a nationwide basis in negotiating down the amount owed on a home loan. It creates a win-win situation for both parties by providing the homeowner an option before their property is foreclosed upon, and by achieving maximum yield fo...

💥🖤 Remember to call your bank or loan service provider to confirm your payment options during these times.
03/29/2020

💥🖤 Remember to call your bank or loan service provider to confirm your payment options during these times.

🖤💥 A Helpful Guide to what the CARES Act actually means to you & your loved ones. Hope this provides some relief for you & your family & friends. Remember we are all in this together. -J&N Nicole Fabiano Oertel John Oertel

Home Solutions
03/28/2020

Home Solutions

03/28/2020

🧡 Here are some things that may help you answer a few looming questions:

🔑Foreclosures have been placed on hold during this time and many servicers are offering forbearance plans. However if you start missing payments, foreclosures could begin after the hold lifts. Make sure you understand all ramifications.
🔑Several servicers have reported that they will not report missed payments during this pandemic, BUT each borrower should speak specifically with their loan servicer.
🔑Your loan servicer may also waive all late fees, BUT each borrower should speak specifically with their loan servicer.
🔑Entering into a forbearance plan could affect other refinances taking place at the same time.
🔑Many lenders are changing their guidelines for financing applicants. If you are in any escrow we encourage you to speak to the buyer’s lender to reconfirm if they are aware of any new guidelines would affect the buyer’s qualification for financing.

🧡Got Questions? Contact me anytime.

🖤💥🖤💥🖤💥
03/21/2020

🖤💥🖤💥🖤💥

🖤🤍 As we continue to navigate through these unpredictable times please know we are here. ✨If you have questions about the market contact us to discuss. Media loves to cause fear so we are sticking to the facts as we know them & happy to share. We have had calls and been in contact with leading professionals in multiple industries around the country daily. Clients & Friends have reached out for advice and we have gathered their opinions as well from each of their professions so that we can tackle this from every angle. Knowledge is power and keeps us educated. 📚We had two offers this past week and our current deals are still intact. To our surprise, we had calls from people in the city who were on the fence about moving to the burbs that now want us to start their search immediately. We have a new concierge project in Lake Forest that we will start as long as we feel all involved can stay safe. ♥️🌳 With the Governors recent Illinois lock down in place Realtors and our business is considered essential so we can still service our clients and their real estate needs. We will of course put our family and our clients health and safety first. We have arranged new protocols but we are doing our best to make sure business goes on as much as possible during these times. 🖤 We truly believe that though this may slow the market the opportunity once we are on the other side of #covid_19 will surge. We will be prepared and ready. If you are interested in setting up a search now let us know. You may as well be looking for your new home or investment property while online with everything else we are doing virtually! 💥As a family business, we can’t stop and won’t stop. We are here even if your just curious and have a question. As always, We got you 🖤💥 -J&N .

01/16/2020
Blind Eyes Opened - Official Trailer

One day only at a theatre near you! Click link for locations and tickets! Trafficking isn’t something any of us (especially with daughters) want to admit is happening. But it is. Right here, in our communities and it’s scary and real. Get educated and raise your awareness.
Locations, Show Times & Tickets: https://blindeyesopened.com/?trcd=c4734f6F7D

Blind Eyes Opened - Official Trailer https://blindeyesopened.com ONE NIGHT ONLY JANUARY 23, 2020 “Blind Eyes Opened” is a first-of-a-kind Christian documenta...

We are here if you need us.www.home-solutionsinc.com
03/08/2019
Home Solutions, Chicago Short Sale

We are here if you need us.
www.home-solutionsinc.com

Home Solutions offers Realtors needed support when facing a short sale situation for their clients. Our streamlined short sale process and specialized support services help Realtors provide their clients with what they deserve.

Homeowners... Do you or someone you know need to sell your home but can't due to loss of value? Contact me today to disc...
02/16/2019
Homeowners | Home Solutions, Chicago Short Sale

Homeowners... Do you or someone you know need to sell your home but can't due to loss of value? Contact me today to discuss your options.

Home Solutions assists homeowners, Realtors and mortgage services on a nationwide basis in negotiating down the amount owed on a home loan. It creates a win-win situation for both parties by providing the homeowner an option before their property is foreclosed upon, and by achieving maximum yield fo...

Realtors, Have any short sales?
02/16/2019
Our Affiliate Realtors | Home Solutions, Chicago Short Sale

Realtors, Have any short sales?

Home Solutions offers Realtors needed support when facing a short sale situation for their clients. Our streamlined short sale process and specialized support services help Realtors provide their clients with what they deserve.

12/18/2018

Thoughts? 82% of chief financial officers say they see a recession beginning by the end of 2020, while nearly 50% see it by the end of 2019, according to a survey of US CFOs in the Duke CFO Global Business Outlook. 97% percent of African CFOs say their countries will be in recession no later than year-end 2019, as do 86% of CFOs in Canada, 67% in Europe, 54% in Asia, and 42% in Latin America. The survey, which generated responses from more than 500 CFOs around the world, has run for 91 consecutive quarters. (Business Insider)

I just sat with a Realtor and their client  last week who for the last year couldn’t sell their home due to significant ...
12/16/2018

I just sat with a Realtor and their client last week who for the last year couldn’t sell their home due to significant lost value. Medical Bills were piling up due to their daughter getting ill and they were overwhelmed with stress and had no idea what to do. They were so scared of foreclosure as they just missed their first mortgage payment after months of sinking their last dime into the home. I let them know their was Hope by doing a short sale. That they overly qualified due to this multiple hardships and that there was absolutely No Shame in any of this. I always tell clients such as this, do your best to take the emotion out of this and just look at it as a business transaction. If a stock you bought just sank or another type of investment was worth nothing, you wouldn’t continue to throw money at it every month. Look at this the same way.....We Can Sell your home, we can have the bank forgive the difference you owe and what it actually sells for, the bank will pay your Realtor and all the closing cost. 🙌🏼 You don’t have to live like this, you can move on and feel proud you did something rather than let this bury you...... If any of this sounds familiar give us a call, we look forward to helping you. 🙌🏼

12/09/2018

As the market softens and prices decline in certain areas, don’t be afraid or ashamed to reach out. We can’t always control the things that happened around us. Who knew the home you bought 25 years ago would be worth less today? Or just 4 years ago? Who knew someone close to you would get sick? Job loss? Need to relocate? Call and let’s talk about your options so you can sell and move on. There are better days ahead.

The Oertel Group, Compass Realtor
11/15/2018

The Oertel Group, Compass Realtor

💥 WE have a BIG ANNOUNCEMENT 💥 After months of research & strategic planning as we thought about how we could best service our clients, WE are excited to share with all of you that The Oertel Group has joined Compass. Compass has attracted the top 10% of Agents in the country and WE are incredibly honored to be apart of this elite team and call @compass our new home. We will now have access to a top tier in-house marketing and creative studio along with the most sophisticated technology platform which will provide us with the tools to help complete every facet of our job better which translates to servicing our clients better than ever before! We are incredibly excited for this next chapter and look forward to assisting all of you in a way we never thought possible. If you have any questions or want to discuss how we can better assist you, please contact us anytime! We would love to hear from you - And stay tuned for lots of exciting news and updates on what we will be offering our clients! Thank you for your continued support-J&N @theoertelgroup 💯

10/17/2018

Something is in the air or maybe its just our current reality? But Agents are calling me daily about assisting them and their homeowners with Short Sales. I'M HERE so don't worry! Just like always, I'll take care of everything for you and your clients. You just do your thing and list the property as you traditionally would and I'll do the rest!

Homeowners don’t be apart of these statistics ❌ Even if the foreclosure process has started we can likely help you avoid...
10/17/2018

Homeowners don’t be apart of these statistics ❌ Even if the foreclosure process has started we can likely help you avoid a devastating foreclosure by doing a short sale. I’ve done nearly a 1000 of them. Let’s discuss your options. #stopforeclosure #chicagorealestate #chicagosuburbs

Address

845 W Monroe St
Chicago, IL
60607

Opening Hours

Monday 09:00 - 18:00
Tuesday 09:00 - 18:00
Wednesday 09:00 - 18:00
Thursday 09:00 - 18:00
Friday 09:00 - 18:00
Saturday 09:00 - 18:00
Sunday 09:00 - 18:00

Telephone

(312) 623-7001

Alerts

Be the first to know and let us send you an email when Home Solutions posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Home Solutions:

Established in 2009. We have helped over a thousand homeowners avoid Foreclosure.

What is a Short Sale

A short sale occurs when a bank or mortgage lender agrees to accept less than the total amount of money they are owed on a piece of real estate in order to facilitate the sale of that property.

A short sale allows the property to be sold even if the lender is not getting repaid in full. This allows the homeowner to sell the property and avoid having a full foreclosure ruin their credit and potentially affect their economic future for years to come.

What We Do

Nearby government services


Other Chicago government services

Show All

Comments

Hmmmmm! Thanks for sharing.