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foreclosure: Missoula Real Estate Foreclosure Auction - 6 Bedroom House, Starting Bid $50,000 - 01/27/10 07:41 PM
Missoula Real Estate Foreclosure Auction - 6 Bedroom House, Starting Bid $50,000

FORECLOSURE AUCTION

Description6 bedrooms, 6 bathrooms
5149 finished square feet + 3300 sq. ft. drive-under basement
Built 1997
Approx .314ac lot.
Large deck, atrium, large bedroom
Auction Date:  Monday, February 15, 2010
Starting Bid: $50,000
We will be working as a Buyer's Broker at this event.



Note: A Buyer’s Premium will apply for this property. Please see Terms of Sale for details.

BUYER ACKNOWLEDGES THAT SELLER WILL RE-KEY THE EXTERIOR DOORS TO THE PROPERTY PRIOR TO CLOSING AND FUNDING AT THE BUYER'S EXPENSE … (2 comments)

foreclosure: Feng Shui and Real Estate: What about FORECLOSURES? - 03/05/09 10:02 PM
Feng Shui is fascinating to me and I have wanted to include information in our blog for our readers. Here is a post that was written by Carole Provenzale of Feng Shui Long Island & New York. She is one of my favorite Bloggers and is an expert in Feng Shui. This article is of interest with the increase in foreclosures and because we purchased a foreclosed home ourselves a few years ago. Thanks Carole and for our readers - enjoy!

Via Carole Provenzale Owner, Feng Shui Long Island & New York (Feng Shui Long Island & New York City):
New York Feng Shui … (2 comments)

foreclosure: Missoula Real Estate What to Know Before You Buy a Foreclosure - 09/18/08 04:52 PM
With the increased number of foreclosures around the country, more and more buyers and investors are seeking out foreclosed properties or properties that are advertised as Short Sales - meaning that the bank may accept less than what the sellers owe on the property.
Foreclosures can be an opportunity to get properties at a discount. We have personally purchased two foreclosed properties ourselves and feel like we made a good investment.
However, it is important to be aware that can be risks that come with foreclosed properties such as:
AS-IS: Most foreclosures are sold "As Is" and without a seller's property disclosure … (2 comments)

foreclosure: Missoula Real Estate - Buying Foreclosures in Missoula & Surrounding Communities? - 09/18/08 04:31 PM
Everyone has heard on the news about the mortgage crisis and the huge numbers of homes that are being foreclosed. Some states, such as California, even have bus tours that you can take to view all of the foreclosed homes.
When you're looking at foreclosures, it is critical to also understand the local market as there are HUGE differences.
http://activerain.com/blogsview/366748/The-West-Is-a
http://activerain.com/blogsview/219927/Missoula-Montana-Real-Estate
Montana has not seen the number of foreclosures that states such as California and Florida have experienced. We have, however, seen an increase and there are several foreclosed properties in and around the Missoula area.
 
 
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foreclosure: The West Is a Complex Real Estate Market - Evidence in the Foreclosure Stats - 02/05/08 11:14 AM

There was recently an article in New West Magazine by Robert Struckman that discussed the national foreclosure rates. He provides a national map from RealtyTrac of foreclosure rates.
You'll notice that the RealtyTrac map includes county-by-county shading. The color shows the foreclosure rate - the number of foreclosed homes as a portion of the total number of homes. You can also go to the RealtyTrac website for a list of foreclosure rates by state.
That means that in low population counties with relatively small numbers of homes and foreclosures, small increases can seem dramatic. If you go to RealtyTrac's state foreclosure … (2 comments)

foreclosure: Missoula Montana Real Estate Market Remains Strong - The Local Reality - 09/28/07 09:28 PM
There has been a lot of negative press about the real estate market recently. To understand the whole story, you should also consider local markets.
In Missoula, Montana for instance, the market remains solid. We have a strong economy and Missoula is a desirable place to live. We also have growth/development restraints due to our location and the geography of our mountain ranges and government land ownership. Demand continues to increase for land.
Missoula did not see the same extent of short-term investment activity as other areas. Those "short-term" investors have been hit the hardest nationally.
While some states are seeing an increase in foreclosures, Montana's … (1 comments)