Banks Turn to Showhomes Naperville Home Staging Franchise to Help Sell Chicago Foreclosures
Showhomes of Naperville home staging company, helps banks sell Chicago foreclosures through providing a live-in home manager and home staging services.
- Chicago, IL (1888PressRelease) January 26, 2012 - Foreclosed homes may be an opportunity for buyers and investors, but for banks, they are a mess with no end in sight. Foreclosures cost money to maintain, create insurance problems, invite vandalism and devalue neighboring homes. Home staging company, Showhomes of Naperville, has been providing realtors and banks in the area with a tidy solution to Chicago foreclosures and vacant properties. Showhomes places a live-in home stager, called a Home Manager, who occupies the home and keeps it in show condition until it sells.
"Once a home is foreclosed, banks want it off the books as soon as possible, but too often just the opposite happens," said Matt Kelton, Showhomes COO. "So many distressed properties, especially the high-end houses, sit empty and deteriorate quickly. They don't stand out and they attract low-ball offers that lower property values."
Showhomes of Naperville is working with bankers and asset managers to help them preserve foreclosed listings, minimize costs, reduce insurance exposure and sell homes for higher prices. The service is attractive because Showhomes picks up utility bills, handles minor maintenance and takes care of cleaning. Best of all, banks don't pay don't pay monthly staging fees, making it an inexpensive staging option for banks handling foreclosed homes.
"We got our start 25 years ago helping banks stage foreclosed homes and today, our service is just as valuable," said Kelton. "Nationally, banks can save millions by using Showhomes. It's a no-brainer for any sized bank."
Although the number of Chicago foreclosures is gradually decreasing, it continues to pose an issue in the housing market. According to numbers released by the Illinois Foreclosure Listing Service, in December of 2011, the new foreclosure filings in Cook County increased by 14.32% while in the rest of Chicago land the number of new filings have dropped on average by 11%. In DuPage County, new foreclosure filings also saw increase of 9.86%. In Chicago, the number of properties sold at foreclosure auctions in December have increased by 13.14%, a total of 3,048, compared to November of 2011 and by 81.00% compared to December 2010.
About Showhomes Naperville:
Showhomes of Naperville furnishes, stages and decorates vacant homes to sell faster and for higher prices, throughout Naperville and the Western Suburbs of Chicago. Since 1986, Showhomes of Naperville is part of a nationally franchised network that has helped Realtors and Home Owners sell over 25,000 homes worth over $8 billion. The company's approach to staging a home is a proven professional process.
Showhomes also provides the option to place a live-in Home Manager to maintain an inviting, clutter-free Showhome, tastefully decorated and impeccably maintained in show-to-sell condition seven days a week.
Realtors agree that professional home staging will help to sell homes faster, while commanding the highest possible price. Showhomes Naperville provides home staging services to Chicago realtors and homeowners, serving areas including Naperville, Downers Grove, Lisle, Aurora, Plainfield, Hinsdale, Oakbrook Terrace, Bolingbrook, Elmhurst, and Chicago.
For more information, visit www.ShowhomesNaperville.com or call 630-577-1436.
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