
| FORECLOSURE SUCCESS STORY WITH PICTURES |
| An experienced investor purchases a home, foreclosed in Schaumburg, from the bank. He goes to the property and finds that the foreclosed owner has not moved out. He offers to rent the condo to the foreclosed owner, but the man refuses. He soon stops answering the door and pays no attention to the countless number of notes left on the door. The investor's last resort was to have the foreclosed owner evicted. After about two months, the Sheriff's Police finally arrived. They proceeded to break through the door and emerged about five minutes later with the foreclosed owner and the loaded gun he had held pointed towards the door.As the furniture was carried out, I walked through the unit with the investor for the first time. He turned to me and said, "Do whatever you have to do. I'm going to lose on this deal."In less than two months, the work was finished. The owner received a full- price offer within the first hour that the condo was listed, selling for more than any unit in the complex had ever sold for. The investor ended up making a nice return on what he first thought was a sure loser. |

