![]() ![]() In total Naperville is just under 40 square miles in size with only a tiny portion of that being water. ![]() But in 1857 it was first incorporated as a village. Naperville was settled in 1831 and was incorporated years later in 1890. This city is safe, educated and one of the best places to live in the United States. So, as you can see, Naperville is highly decorated and for good reason. In 2013 it ranked as one of the best cities for early retirement by “Kiplinger.” Finally, in 2015 Naperville was named as one of the most educated cities in America with a population of more than 50,000. Back around the time of the last Census, a study was done on cities that had populations exceeding 75,000 and found that Naperville ranked as the wealthiest city in the Midwest as well as the eleventh wealthiest in the nation! Naperville has also been ranked as one of the safest cities to live in in all of the United States by both “USA Today” and “Business Insider.” In 2006 “Money Magazine” ranked Naperville as the second-best place to live in the United States. The population here is estimated to be at around 148,000 up from just under 142,000 back in 2010. This portion of Illinois was founded back in 1831. Naperville is located just 28 miles West of Chicago. ![]() Naperville is in two counties, DuPage and Will and is a suburb of Chicago. Short sales are very common in pre-foreclosure situations and this leaves the door open for opportunities for you as the lucky real estate investor.Currently there are 321 homes for sale, 92 condos and apartments for sale, 26 vacant land for sale and 4 townhomes for sale in Naperville The lender knows it will probably be taking a loss because, if the property was worth the debt on it, the owner probably would have already sold it to avoid the foreclosure. The property owner would like to avoid the foreclosure as it will have very negative consequences for his credit, and can severely limit his chances to obtain credit for a long time into the future. Property owners and lenders are both in awkward positions when a loan goes into default. If your offer is less than the amount of the debt on the property, ask the owner to present your offer to his lender. ![]()
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