Follow on Google News News By Tag News By Place Country(s) Industry News
Follow on Google News | Search Outer Banks Foreclosures Listings - Important Information for BuyersBank Owned, REO, Repos, Foreclosures, Bank Sales - all one and the same and spell great deals for educated buyers. The Dean Agency specializes in distressed property sales. See what smart buyers are doing.
By: The Dean Agency Outer Banks Outer Banks Foreclosures - Also known as bank-owned, REOs, repos or foreclosures these are all the same thing. Foreclosures have been repossessed by the lender due to default on the mortgage; the debt has already been offered at the courthouse steps and the lender has now hired a real estate broker to market the property on the open market (the Outer Banks MLS). These properties range from mobile homes for $40,000 to Pine Island estate homes for over $1 million. The condition of these Outer Banks distressed properties is generally good mechanically and structurally, but most will typically need a thorough cleaning ( $300-$500), maybe paint ($2.25 per sq ft) and/or carpet ($2.75 per sq ft). Foreclosed beach homes are typically sold unfurnished while competing private sales and short sales will include furniture ($24,000-$75,000) # # # Outer Banks & Nags Head NC Foreclosure Homes and Bank Owned Property for Sale. Contact our REO specialists - oceanfront, golf course, luxury bank owned homes & foreclosures for sale. Our Brokers will email current OBX foreclosure list. Bank Owned- REO OBX End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|