Numerous Choices at Throwaway Prices
Aurora has an amazing number of 2,126 foreclosure listings and properties scheduled for sale in the next couple of weeks. These houses have a median asking price of just $156,000. There are an even higher number of 2,404 other FSBO properties on sale in the Aurora property auctions. The FSBO houses carry a median listed tag of $199,500. The mere four new homes included in the real estate listings auctions are offered at the median price of a steep $288,900. Thus, it becomes clear that the foreclosure auctions represent the best choice to prospective homebuyers, with the properties listed at the most discount over the prevailing market prices. This becomes obvious when one sees the frenzied surge by buyers at the ongoing foreclosure auctions in Aurora, and the highly competitive bidding that they are making. The stakes are, indeed, high enough to warrant such keen participation by the buyers. The quoted price of a little over $150,000 is quite alluring. When one considers the splendor of the properties on sale, it is patent that the buyers are eager to exploit this rare business opportunity of grabbing magnificent properties at virtually throwaway prices.
Aurora is the second largest city in the US state of Illinois. Most of Aurora is located within Kane County; although certain regions of it extend into the adjacent counties of Will, Kendall and DuPage. Other nearby counties are McHenry County, Cook County and DeKalb County. Aurora proudly sports the sobriquet of “the City of Lights” because it had been among the very first cities in the US to have implemented a street lighting system based exclusively on electricity way back in 1908.
Aurora’s sundry suburban cities and towns include Algonquin, Gilberts, Barrington Hills, Geneva, Bartlett, Hampshire, Batavia, Lily Lake, Carpentersville, Elburn, Lisle, Addison, Naperville, Winfield, Milton, York, Downers Grove, Pingree Grove, Virgil, Huntley, Maple Park, Wayne, Montgomery, West Dundee, St Charles, Sugar Grove and Sleepy Hollow.
Key Variables in Selecting Homes
Since the Aurora foreclosure auctions comprise 2,126 homes on sale, you would be hard put to limit your choices to bid for at the property auctions. It would help to firstly consider only houses whose prices are within a range that you can easily afford. Next, you must check for the availability of shops, schools, hospitals, parks and the like in proximity to the homes that you are keen to try buying. Finally, inspect the physical state that the properties are in, because the seized homes are invariably sold on an “as-is” basis.
The biddings at the Aurora real estate listings auctions feature Charles Doss, Loretta Schramer, Ron Jakious and Linda Pilmer as key players. As leading property brokers in Aurora, they are actively wooed by the sellers and buyers of homes alike. Having an experienced and caring agent can be the best guarantee of the safety of your financial interests, and the cause for reasonable hope of reaping the most bonanzas from your property investments. An agent can prove to be a highly useful guide and a significant ally in your search for your dream home.