Countdown To Buy Believes Foreclosure Activity in Illinois Offering Opportunity for Home Buyers

Countdown To Buy’s online marketplace offers a refreshingly transparent and efficient way to buy foreclosures.

Chicago, IL, April 28, 2010 --(PR.com)-- Countdown To Buy, a next generation online real estate marketplace that offers fair and effective solutions to buy and sell properties, has opened the door for home buyers in Illinois to easily purchase an affordable and recently foreclosed home right in their local community. Declining prices, record inventories and the current favorable interest rate environment, has made homes more affordable. However, many potential home buyers in Illinois remain on the sidelines because of the lack of trust, transparency, and the increased risk and anxiety surrounding purchasing an “as-is” property in foreclosure.

Countdown To Buy has worked closely with industry professionals to address these concerns and level the playing field for home buyers by offering a refreshingly transparent and efficient way to buy foreclosure properties. Countdown To Buy publishes a pre-determined price range for each property where the price of the property reduces 1% per day. When an offer matches or exceeds the daily price, the contract process is initiated without negotiation or delays. In addition, every property has an online independent assessment and valuation posted from area professionals for all prospective buyers to see at www.countdowntobuy.com.

Foreclosure properties for sale in Illinois can be viewed on the Countdown To Buy properties page.

One recent Countdown To Buy user who had their offer automatically accepted the evening it was submitted said, “The website includes a lot of information about the home and property --I loved reviewing the appraiser’s report -- and the offer is handled in a straight-forward and fair way taking out the guess work.”

“With Illinois having the nation’s fourth highest foreclosure rate at the end of the first quarter, this could be a once in a lifetime opportunity to purchase a home at such affordable levels,” commented Jim Hodson, Chief Executive Officer and Founder of Countdown To Buy. “Our approach of building trust through transparency has empowered buyers to take much of the uncertainty out of “as-is” properties and quickly turn a foreclosure into their next home.”

To see an example of Countdown To Buy in action, view the 4 minute How It Works video on the www.countdowntobuy.com website.

About Countdown To Buy
Countdown To Buy is an online real estate marketplace that automatically matches motivated sellers and qualified buyers in an environment of trust, transparency, and efficiency. The Company has a patent pending business process that reduces a property’s list price each day within a pre-negotiated price range. The technology and marketing platform was built specifically to expedite the sales cycle in real estate transactions through a time-limited, objective, and confidential offer system. The Company services demand from banks, servicers, home buyers and investors through a streamlined technology process and unbiased transaction support. For more information on Countdown To Buy, please visit www.countdowntobuy.com.

Media Contact:
John Lovallo
Lovallo Communications Group
Telephone: 203-431-0587
Cell: 203-526-6371
Email: johnlovalloirpr@sbcglobal.net

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