Posts Tagged by reo
Los Feliz Mid-Century REO
| September 16, 2010 | Posted by Matt under Architecture & Decor, Deals, Fixer, Foreclosure, Franklin Hills, Los Feliz, Mid-Century, Modern |
Take a look at one of the most desired style of homes available in Los Feliz. This new foreclosure listing in Los Feliz is a mid-century post and beam modern home. The 3 bedroom 2 bath home is over 2000 square feet and has gorgeous views from almost every room.
You are going to have to use your imagination to picture the carpet replaced with new hardwood flooring and the kitchen updated to today’s standards but for $599,000, this is a screaming deal!
Sold – Echo Park REO
| May 12, 2010 | Posted by Matt under Deals, Echo Park, Foreclosure, Los Angeles, Pricing, Real Estate, Silver Lake |
Update. This 3 bedroom 2 bath foreclosure in Echo Park was on the market for a very brief time this spring. After only 5 days on the market this home was in escrow. How much are foreclosures in Echo Park and Silver Lake selling for you ask? Most people think that they are going to be paying basement bargain prices and getting the deal of the century. But, you have got to remember that if you want to live in a good location, you are going to pay to live in a good location. My number one rule in real estate is that if it’s too good to be true it ALWAYS is. This 1100 square foot foreclosure fixer was listed for $321,300 and sold for $380,000 or 18% over the asking price. Oh by the way, this is one of the worst pictures ever taken of a home. Ha.
Echo Park Foreclosure
| April 9, 2010 | Posted by Matt under California, Deals, Echo Park, Foreclosure, Los Angeles, Pricing, Real Estate |
Neighborhood: Echo Park
3 bedroom, 1 and a half bathrooms
1097 square feet, 6040 square foot lot
Asking price: $321,300
Status: Foreclosure
Silver Lake Short Sales
| March 18, 2010 | Posted by Matt under California, Deals, Echo Park, Foreclosure, Los Feliz, Pricing, Real Estate, Short Sale, Silver Lake |
Silver Lake Short Sales 101:
What is a short sale?
A short sale is when a Seller of real estate owes more on the property than the property is worth. The Seller is upside down on the loan.
Why is it called a short sale?
The Seller is selling their real estate short of what is owed to the bank. For example let’s say the Seller purchase the real estate for $500,000 and is now trying to sell it for $350,000, this is very common in a declining market. The Seller is asking the bank to take the $150,000 hit.
Beverly Hills 90210 Foreclosure Listing
| December 4, 2009 | Posted by Matt under Beverly Hills, Deals, Foreclosure, Pricing, Real Estate |
Beverly Hills Foreclosure
Here is your once in a lifetime chance to purchase a foreclosure property in Beverly Hills for $140 a square foot! This 5 bedroom, 5 bathroom, 5,516 square foot home listed at $777,000 needs a lot of work. This is not for your ordinary everyday handyman. Contractors are welcome. The bank is looking for ALL CASH offers only. Call us for more details. Is this the deal that you have been looking for? 213.880.6420.
Recent Comments