Video: Buying at rock-bottom prices

Buying foreclosures and short sales is more complicated than buyers think, according to Michael Sato and Christopher Feurer, the new owners of Jameson Real Estate.

Sato and Feurer also contend that buyers are unlikely to benefit from developers’ difficulties and report that bulk buyers – the “ultimate scavengers” – have yet to make their move in the Chicago market.

View more of Joe Zekas’ interview with Sato and Feurer on the YoChicago YouTube channel.

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