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Tag: ‘REOs’

Market Update – August 2011 Distressed Sales Graph

Posted Aug 30 2011 by in REOs, Short Sales, Short Sales with 0 Comments

Below is a graph that shows the real estate activity in the Wood River Valley, i.e. Sun Valley, Elkhorn, Warm Springs, Ketchum, Hailey and Bellevue areas. The chart shows the percent of properties that are financially distressed properties, i.e. short sales and/or bank owned REOs. If you have any questions regarding the chart please feel …

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BUYER BEWARE: Just because a vacant home has been winterized doesn’t mean it’s OK

Posted May 14 2011 by in Buying, Inspections with 0 Comments

This past month I have been involved in 2 sales that involved “Bank Owned REOs” that had been winterized prior to my involvement. When scheduling a professional inspection I requested the water service be activated so the plumbing portion of the home could be inspected and discovered both homes had busted water pipes. Home inspections …

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4 Mistakes to Avoid When Buying a Foreclosure

Posted Apr 7 2011 by in Buying, Foreclosure, Inspections, REOs, Short Sales with 0 Comments

Foreclosures continue to flood real estate markets across the country, and buyers are looking to cash in on what they view as some of the best real estate deals. But experts say that while some foreclosures are a great purchase, buyers need to be cautious before jumping in to make sure they really are getting …

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New Bank Owned REO: $148,727 Below Assessed Value

Posted Mar 15 2011 by in Hailey, New Listings, REOs with 0 Comments

Coming on the market within the next couple of days this 4 bedroom, 3 bath home I predict this home will sell within days of hitting the Sun Valley Multiple Listing Service. Over 2800 square feet located on picturesque corner lot in quality Hailey neighborhood this home is another bank owned property that’s priced for …

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The Rules: Initiative Gives Homebuyers 15 Days to Buy Without Investor Competition

Posted Mar 12 2011 by in Buying, Marketing, REOs with Comments Off

Fannie Mae, Freddie Mac and HUD all have programs designed to give individuals looking to buy a home as an owner-occupant a chance to purchase prior to allowing real estate investors to buy these REO properties. All programs are similar with links at the bottom of this page too the specifics of the various programs. …

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Search Bank Owned REOs in the greater Sun Valley area

Posted Mar 7 2011 by in Areas, Featured Listings, Hailey, Ketchum, New Listings, REOs, Sun Valley with 0 Comments

Search Bank Owned Properties also known as REOs. Listings are updated in “Real Time” as this interactive search is directly linked to the Sun Valley Board of Realtors® listing database. Property Searches included Blaine County, Camas County, Custer County & Beyond Cities include Ketchum, Sun Valley, Elkhorn, Hailey, Bellevue, Carey, Fairfield, Stanley and more. Detailed …

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