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Asheville Bank Owned Property, Asheville REOs

By
Real Estate Agent with All-Star Powerhouse

REO or Bank Owned Property in Asheville NC

If you are looking for a great deal in real estate, consider a bank owned property in the Asheville NC area, or an 'REO' - Real Estate Owned. This is Asheville area Property which is in the possession of a lender as a result of foreclosure or forfeiture.

Once Asheville property is bank-owned it generally means that the bank has negotiated with the owner for a number of months. Eventually they decide to foreclose or take back the property, and then it is attempted to sell it on the 'court house steps'. If this is unsuccessful, the bank often lists the property for sale. As you can imagine, it is usually priced to sell at this point, as the bank is ready to offload it!

 

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$2,550,000
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Bedrooms 4
Sq. Ft. 6499
Acres 1.02
Year Built 2008
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-Bank owned. This magnificent custom home features old world charm with modern conveniences. Enjoy views of the Blue Ridge Mountains and beyond. Master on main has his and hers baths. Located in the Cliffs at Walnut Cove. Asheville's premier gated golf community. Jack Nicklaus designed golf course, 18,000 sf wellness center and much more. Sold "As-Is, Where Is." Offers must be accompanied by pre-qual letter or POF.

Listing provided by NC Mountain Realty Group.

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$1,950,000
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Acres 1.3
Year Built 2007
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-BANK OWNED PROPERTY! 8 Cross Street is located in South Asheville near the intersection of Long Shoals Road and Hendersonville Road behind the Bank of Asheville. Easy access to I-26 and Hendersonville Road. Class A office building, never been occupied. Offers seven private offices, reception, break area, training room, multiple conference rooms and work room.

Listing provided by Sperry Van Ness Whitney.

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$1,890,000
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Acres 48
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Beautiful piece of land originally planned for upscale subdivision in desirable South Asheville. Completed roads and concrete curbing. Many level lots and great mountain views of the Cane Creek Valley. Perfect piece of property ready for development. No Representations made by Seller/Broker. Buyer to confirm all info on property. Bank owned property! Possible special financing available.

Listing provided by Keller Williams Professionals.

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$1,890,000
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Acres 48.6
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Bank owned property! Seller is highly motivated. Beautiful piece of land originally planned for upscale subdivision in desirable South Asheville. Completed roads and concrete curbing. Many level lots and great mountain views of the Cane Creek Valley. Perfect piece of property ready for development. No Representations made by Seller/Broker. Buyer to confirm all info on property.

Listing provided by Keller Williams Professionals.

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$715,000
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Bedrooms 4
Sq. Ft. 5158
Acres 1.73
Year Built 2007

Virtual tour

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Custom home, 95 percent complete, in Gated Community of Grand Highland at Waterford Lakes. Granite counters, custom cabinetry, oak flooring, 3 fireplaces, custom trim and crown molding, triple garage with home office above, large covered patio and open deck. custom mini-bar in lower level, master on main, plus much more. Sold "as-is" with no work or repairs to be done. Bank Owned.

Listing provided by Beverly-Hanks, South.

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$629,000
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Bedrooms 3
Sq. Ft. 2649
Acres 0.99
Year Built 2008
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BANK OWNED-Champion Hills-3BR/3.5BA home with an open floor plan, Master ste w/tray ceiling & custom walk in closet. Master BA offers Jet tub & huge shower. LL Family rm, 2 BR and BA, hobby rm w sink and storage. Sold "As-Is", by special warranty deed. No warranties by agent or seller. Buyer to use due diligence in verifying sf/water/sewer/lot size and systems. Offers must be accom. by pre-qual/pof.Bank offer 1.875% financing, w/ qualified buyer.

Listing provided by NC Mountain Realty Group.

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$599,000
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Acres 1.58
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--Bank Owned - Large gorgeous easy build lot in The Cliffs of Walnut Cove. Many amenities available, golfing, tennis, pool, state-of-the-art fitness center, tavern, and more. Priced to sell! Conveyed by special warranty deed. Buyer to verify all info. Offer by be accompanied by a pre-qual letter or Proof of Funds.

Listing provided by NC Mountain Realty Group.

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Do you work in the Healthcare industry, Teaching, Police Force, as a Firefighter, or in the Military, retired or active? We will give you 25% off when Buying any home on the MLS! This is equivalent to up to $1,500 on a $200,000 home! See MountainHomesForHeroes.com

There are many great Asheville area homes for sale.

www.MountainHomeHunt.com

 

You may also call me at (828) 210-1648 for a FREE home buying or selling consultation to answer any of your real estate questions.

 

Or simply tell us more about what you are looking for.

Sincerely,

Rowena Patton
Broker/Owner
All-Star Powerhouse @ Keller Williams
#210, 56 Central Ave, Asheville NC 28801

(828) 210-1648

Email: Request@PattonPropertyGroup.com

Ralph Gorgoglione
Metro Life Homes - Palm Springs, CA
California and Hawaii Real Estate (310) 497-9407

Wow! What gorgeous listings. Thank you for sharing this post.

Nov 30, 2010 03:53 AM
Rowena Patton
All-Star Powerhouse - Asheville, NC
Asheville NC Real Estate

Any time - thanks for the comments and send your Asheville Clients over to me for a great referral :-)

Nov 30, 2010 09:34 AM