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properties: Running Springs Real Estate: Bank-Owned (REO / Foreclosure) Properties For Sale (as of 06/27/11) - 06/27/11 10:46 PM
When you're looking to purchase a bank-owned property, there are many things you'll want to know: How much you should offer, what costs will the bank pay, what to do if there are multiple offers, how much of a deposit should you put down, what kind of response should you expect from the bank, what paperwork is involved, etc, etc, etc.
Navigating the bank-owned segment of the real estate market in Running Springs and the surrounding communities can be tricky, but there are successful strategies that can be employed to greatly increase your odds of securing a home (even in multiple offer scenarios).
Call … (1 comments)
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properties: Lake Arrowhead Real Estate: Lakefront Properties - Weekly Market Update (04/17/11 through 04/23/11) - 04/26/11 04:03 PM
To be an informed seller or buyer, it is imperative to know what is happening in the current market. There are many factors to determining the proper price when listing a home for sale. There are just as many factors to help you decide whether you are getting good value for your dollar when you purchase a home.The charts below show you the breakdowns of new listings, homes sold, active listings and homes currently in escrow. We have further broken down this information to show you median prices and price ranges, number of days on market and the percentages of list price to … (0 comments)
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properties: Lake Arrowhead Real Estate: Bank-Owned (REO / Foreclosure) Properties For Sale (as of 7/14/10) - 07/14/10 12:46 PM
When you're looking to purchase a bank-owned property, there are many things you'll want to know: How much you should offer, what costs will the bank pay, what to do if there are multiple offers, how much of a deposit should you put down, what kind of response should you expect from the bank, what paperwork is involved, etc, etc, etc.
Navigating the bank-owned segment of the real estate market in the Lake Arrowhead, Crestline and Running Springs areas can be tricky, but there are successful strategies that can be employed to greatly increase your odds of securing a home (even in multiple offer scenarios).
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properties: Lake Arrowhead, Crestline & Running Springs - 2009 Bank-Owned Sales Statistics - 02/22/10 02:38 PM
Buzzzzz......buzzzzz......buzzzzz......
One of the big "buzz-words" in real estate across the nation has been "bank-owned." Also, referred to as foreclosure properties or REO properties, buyers are anxious to buy up homes in this sector of the market. There are some fantastic opportunities for buyers these days and I personally feel that these opportunities will continue for some time.
Lake Arrowhead, Crestline and Running Springs comprise the areas covered in the Rim O' the World Association of Realtors and are the locations where I make my living as a Realtor (going on 10 years now in sales....4 more as a licensed property manager … (0 comments)
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properties: Lake Arrowhead Real Estate: Weekly Market Update (06/22/08 through 06/30/08) - 06/30/08 01:11 PM
Active properties continue to rise (now up to 1069 from peak to peak). Lakefronts are one home away from 40 total listings available. I expect that new listings will keep going up over the next week with the 4th of July holiday on the horizon. We should probably see an increase in the number of price reductions as sellers position themselves for the numbers of people who will be coming to the area to celebrate our nation's birthday.Arrowhead Woods posted an average days on market of less than 100 days (95.5) with other areas showing around 125-135 - not too bad. Twenty … (1 comments)
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properties: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale (as of 6/28/08) - 06/28/08 02:15 PM
Doing my weekly report this morning I had an "Aha-moment." Up until today, I had been searching key words in the remarks section of our multiple listing service to come up with the results that I put in this posting (ie: bank owned, short sale, reo, lender, approval). It occurred to me, though, that there may be other listings out there that this search wasn't turning up. And sure enough, I found out why. Some listing agents have been inputting listings that are either bank-owned or short sales without disclosing this fact in their descriptions of the properties. They have been putting … (2 comments)
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properties: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale (as of 06/14/08) - 06/14/08 11:28 AM
This is a weekly updated page of bank-owned properties and short sale properties in our mountain communities from Crestline, through the Lake Arrowhead communities and through the Running Springs areas. Here, we give an accounting for the new listings and those whose prices have been reduced. Bank-owned listings dropped a tad this week, down to 46. Seven new REO properties on the market this past week and 5 price reductions. Short sale activity mimicked the last two weekly reports with, again, only one price reduction and zero new listings - very, very quiet.
BANK-OWNED (REO)
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Greg Steffens
Lake Arrowhead,
CA
More about me…
Mountain Country Realty
Address: 229 Hwy 173, P.O. Box 420, Lake Arrowhead, CA, 92352
Office Phone: (909) 337-2414
Cell Phone: (909) 534-8183
Email Me
Lake Arrowhead real estate is unique. It is a lifestyle, not a destination. Because Lake Arrowhead real estate is so unique, so is this blog site. It is to show you the many facets of this wonderful community based on our own experiences, both personal and professional.
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