Sell your foreclosure Chicago house for cash — we buy direct
When the foreclosure clock is running, the timeline matters as much as the offer. We work in pre-foreclosure routinely and can move on tight schedules — sometimes closing in a week if the title and lien situation cooperates. The goal is a sale that pays off the loan, avoids a foreclosure on your credit, and leaves you with any remaining equity in your pocket.
Lockwood Home Buyers makes cash offers directly to homeowners — no fees, no commissions, and no obligation to accept. We are not a real-estate agent or broker; we buy houses for cash.
How the Illinois timeline works
Illinois is a judicial state — foreclosure runs through the court with statutory redemption periods, and Cook County cases in particular commonly take a year or more. Long runway, but the payoff keeps growing.
Illinois closings run through title companies, with attorneys customarily involved in the Chicago area. Cash closings in two to three weeks are routine.