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“Foreclosure Queen” Makes Sense of Foreclosure Increases in Chicago

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RISMEDIA, Sept. 21, 2007-In light of recent reports of surging foreclosures in Illinois, Marki Lemons, Certified Residential Broker, originator, instructor and self-proclaimed “Foreclosure Queen,” has reached out to consumers and Realtors® alike, offering information on how to successfully conduct real estate business in this changing market.

“There isn’t a person in the real estate industry left unscathed by the recent rise in foreclosures,” Lemons, a member of the Chicago Association of REALTORS® Board of Directors, said this week. “There was a time when foreclosures only plagued lower income households; now, trends are showing that middle income and affluent households are also being affected.”

Lemons, a teacher of 15 years with experience in Chicago Public Schools, Northwestern Business College, and the REALTORS® Real Estate School, is currently instructing a new course, “Foreclosure Opportunities for Buyer-Clients,” through the Chicago Association of Realtors Now open to the public, this course will teach both Realtors and novices not only how to spot opportunities for potential home buyers in this unique market segment, but also how to council home-buying clients on the perils of risky finance programs.

Fostering a strong knowledge of Chicago’s foreclosure market amongst Realtors is an effective way to not only help buyers, but all interested parties through this difficult time.

“Sellers are in desperate need of an educated Realtor to help them as they are approached daily by scam artists looking to drain them of any equity they might have left,” Lemons said.

Chicago residents can benefit from Lemons’ valuable expertise in this broad and confusing area.

For more information, visit www.ChicagoRealtor.com and click “Education.”

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