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 Lake Arrowhead 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 us at 909.336.7971 or email us at: info@GregSteffens.com to discuss our proven methods of obtaining REO properties in a fast-paced, competitive and aggressive buyer's market.
For the most up-to-date version of this post, visit our website at: www.GregSteffens.com or simply subscribe to this blog to receive the updates automatically....
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Lake Arrowhead (& Surrounding Communities) |
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PRICE |
ADDRESS |
BR/BA/BLT |
LIST |
LISTED BY |
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ARROWHEAD VILLAS |
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$59,900 |
798 Virginia |
3/2/1933 |
04/22/11 |
Prudential Lake Arrowhead |
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$101,700 |
638 West Victoria |
2/1/1929 |
04/19/11 |
Coldwell Banker Sky Ridge |
| $110,000 | 750 Holmes Court | 2/2/1979 | 05/19/11 | Prudential Lake Arrowhead | |
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ARROWHEAD WOODS |
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$139,100 |
1189 Aleutian |
3/1.5/1975 |
04/25/11 |
Coldwell Banker Sky Ridge |
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$139,900 |
297 Fairway South | 4/2.5/1979 |
03/25/11 |
Coldwell Banker Sky Ridge |
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$149,900 |
1188 Grass Valley |
2/2/1976 |
03/01/11 |
C21 Showcase |
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$199,900 |
119 Hwy 173 | 3/2/1981 | 03/26/10 |
Cozy Cabins Realty |
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$199,900 |
154 Birchwood |
4/3/1984 |
03/01/11 |
C21 Showcase |
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$205,900 |
443 Annandale |
3/2/1972 |
03/12/11 |
Coldwell Banker Sky Ridge |
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$210,000 |
1257 Innsbruck |
3/2/1975 |
09/03/10 |
ReMax Lakeside |
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$215,000 |
317 Spruce |
3/2.5/1997 |
01/18/11 |
Coldwell Banker Sky Ridge |
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$229,900 |
29071 Lassen |
3/2/1985 |
03/01/11 |
C21 Showcase |
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$230,000 |
1112 Grass Valley |
4/2.5/1986 |
03/11/11 |
Prudential Lake Arrowhead |
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$240,000 |
1399 Regina |
3/2.5/1979 |
9/13/10 |
Coldwell Banker Sky Ridge |
| $240,900 | 916 Grass Valley | 3/2/1993 | 05/02/11 |
Keller Williams |
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$243,500 |
1050 Golden Rule |
4/2.5/1963 |
05/03/11 |
Sotheby's Internat'l Realty |
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$246,100 |
26964 Golf Course Lane |
3/2/1977 |
05/05/11 |
Keller Williams |
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$250,000 |
308 Grass Valley |
3/2/1963 |
01/19/11 |
Coldwell Banker Sky Ridge |
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$269,900 |
1139 St. Bernard Way |
3/2.5/1964 |
03/10/11 |
Highlander Reator Assoc. |
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$280,500 |
468 Old Toll |
3/2/1967 |
04/11/11 |
C21 Showcase |
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$283,600 |
27323 Peninsula |
3/2/1965 |
04/22/11 |
Coldwell Banker Sky Ridge |
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$303,500 |
26645 Modoc |
3/2.5/1989 |
04/11/11 |
Keller Williams |
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$599,900 |
425 Cedar Ridge |
4/3.5/1988 |
01/11/11 |
Highlander Reator Assoc. |
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CREST PARK | |||
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$175,500 |
27661 Canyon |
2/2/1990 |
02/28/11 |
C21 Showcase |
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TWIN PEAKS | |||
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$65,700 |
26774 Hwy 189 |
2/1/1936 |
04/27/11 |
Prudential Lake Arrowhead |
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$78,900 |
26297 Lake Forest |
2/1/1935 |
05/11/11 |
Coldwell Banker Sky Ridge |
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$87,500 |
768 Sierra Vista |
4/1.5/1938 |
05/05/11 |
Capre |
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$97,500 |
25627 Mid |
3/1.75/1947 |
12/30/10 |
Prudential Lake Arrowhead |
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$105,825 |
26785 Hwy 189* |
3/1.5/1981 |
01/05/11 |
Coldwell Banker Sky Ridge |
| N = New Listing | R = Price Reduction | B = Back on Market |
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*Figures taken from the Rim O' the World Multiple Listing Service and are deemed reliable, but not guaranteed. |
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