Real estate blog entries tagged with myrtle beach area bank owned reos by Mirela Monte, Your Myrtle Beach Real Estate Connection

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Home : Blogs : Myrtle Beach Real Estate by Mirela Monte : Myrtle Beach Real Estate by Mirela Monte : Tag "myrtle beach area bank owned reos"

myrtle beach area bank owned reos: Myrtle Beach Area Bank Owned (REO's), Short Sales and Foreclosures - Market Report - May 2009 - 05/28/09 10:23 AM

There are currently 534 Distressed Home Listings in the Myrtle Beach Area - Foreclosures, pre-foreclosures, Bank Owned (REO's), Short Sales, Auction and Court Sales. From a $18,900 mobile home on leased land to a $2,760,000 Mansion and everything in between, these Homes are, or will be priced to sell.

The Banks are not in the business of holding property. If the listings don't sell within a certain time frame, the prices keep getting lowered until they do. Another tactic the Banks are using lately is to price the property well under market and obtain multiple bids. It is not unusual … (10 comments)

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Mirela Monte, Your Myrtle Beach Real Estate Connection

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