Foreclosure News Briefs

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Chicago Crain reports   Antoin “Tony ” Rezko , the controversial fundraiser for Barak Obama and Governor Blagoyavich, home is to be auctioned off in Wilmette as part of a foreclosure lawsuit by Lasalle Bank (aka Bank of America).

The home is 8,400 SF and the loan balance is $5.15 million dollars. The auction is to take place on August 10, 2009.  Local realtors estimate the true market value of the home to be between $3-4 million dollars.

Chicago Crains reports that former Bulls Star Eddie Curry is in foreclosure on his $3.7 million dollar mansion in Burr Ridge. This was the same home the former Bulls Center was bound and robbed in 2007.

Also in the News, Plymouth Consultants, Inc. a  British Virgin Islands Investment Co. has filed a lien on a home in Highland Park for $12 million dollars.  The 7,000 SF home was described as a “lakefront mansion”  was used as collateral for the loan.

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