Research has indicated that most mortgage foreclosures could have been discovered as many as 2 years earlier in Illinois counties where the real estate taxes became delinquent and were not paid by the owner. In the event the tax buyer purchases real estate and petitions for tax deed, if the Lender does not properly respond to the petition, the security interest of the mortgage will be lost. Our real estate taxes and mortgages monitoring service will enable your financial institution (Lender) to do the following:

1.

Determine real estate mortgage delinquencies as early as 2 1/2 years ahead of time.

2.

Eliminate losses due to tax deed proceedings.

3.

Reduce collection costs, attorney fees, and staff time.

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4.

Reduce foreclosures.

5.

In some instances, obtain additional security on current loans.

6.

Improve the quality of loans.

ASSET PROTECTION PLANNING GUIDE
Call 618-277-8700 to purchase ($25) a simple guide to protecting your assets.

Please review our Services section for more details or Contact Us for more information.

 

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