bank owned: Bank Owned Homes Aren't Always The Best Deal - 11/16/11 09:22 PM
Bank Owned Homes Aren't Always The Best Deal

Everyone wants the best buying opportunity when looking for a home. Are bank owned homes in Kailua-Kona always the best buy? It's important to point out that any home offered for sale must compete with the bank owned and short sale properties. If a home is not priced competitively, it will not sell. 
Bank owned homes are sold "as is" and most have been neglected. It's not uncommon to see bank owned properties without appliances and in need of costly repairs. When you compare that $400,000 bank owned home to a competing, … (4 comments)

bank owned: Deal Alert! Upscale Spanish Townhome Condo For Sale- Walk to Beach & Downtown Santa Barbara - 01/30/11 01:19 PM
Deal Alert! - Upscale Spanish Townhome Condo For Sale- Walk to Beach & Downtown Santa Barbara
This Spanish Beauty has 2 bedrooms, 2 1/2 baths and an oversized 2 car garage in the upscale Villa Del Mar condominiums.  Popular for their quality finishes, mediterranean architecture and ideal location in the hip and revitalized funk zone, Villa Del Mar is the perfect home base to enjoy the Santa Barbara lifestyle.
This 1700 square foot unit is bank owned and recently reduced to $740,050.  The only sale in Villa Del Mar, just closed in January 2011, a 2 br 2 1/2 bath unit with a slightly … (1 comments)