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Olympia WA, Bank Owned Homes priced thousands under market

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Commercial Real Estate Agent with Wes & Company


Olympia WA, Bank Owned Homes Priced Thousands under Market


Visit Olympia WA, Bank Owned Homes priced thousands under market to see the list of homes that might interest you. These are the homes that are priced to sell quickly. 

Bank Owned homes for sale in Olympia WA
Today, home buyers prefer to buy homes that are Bank Owned because they appear to be cheaper. These are the homes that the bank would like to sell to win back the money they've lost on the loan. These homes are made aware to the public through Foreclosure Auction. Most of the time, these properties don't always sell for the minimum bid amount. The minimum bid amount is the sum of the outstanding loan amount, accrued interest and other fees associated with the foreclosed property.  After an unsuccessful sale during the Foreclosure Auction, these homes are now called Real Estate Owned (REO)

REO homes are usually priced at least 7-10% under market value. Market value is the current value of recent sold comparable homes in the same neighborhood. Certainly, there are REO homes that can be purchased for far less than the market price; these are the homes that are usually damaged, distressed and in poor condition. These homes are usually the home that investors target to renovate, remodel and will typically resale the property or rented. 

Now, we compiled a list of Olympia WA, Bank Owned Homes priced thousands under market just for you! This could be the best time for you to own another property or find your next home.

We will help you go through the process in purchasing a Bank Owned Homes that are priced thousands under market. The process of buying a Bank Owned homes is different from the traditional purchase.Bank Owned Homes for sale in Olympia WA You need an experienced real estate agent who understands the process.

We will give you more choices of homes that are for sale in Olympia Washington, that are not Bank Owned. They are simply brand new homes, re sale homes and short sale homes. View our available Olympia, Tumwater and Lacey homes for sale online with photos and floor plans. 

 

Find Homes for Sale in Olympia WA

Visit my website to find homes for sale in Olympia WA and our surrounding areas or to be notified when Olympia homes come on the market. Take a peek to see what's in store for you in the City of Olympia, the capital city of Washington state and the county seat of Thurston County.

 

Thinking of what's the best schools for your kids?    Best schools in Olympia Washington

In the City of Olympia, you'll have several choices on what school our kids should enroll to. The City of Olympia has a private and public schools that offers quality education. These schools have their own excellent Missions and Visions to help better prepare your kids for the challenges in the fast changing and diverse world out there.

 

Now You Really Want to Find a Home Here, Right?

If you are interested in the current homes for sale in Olympia WA click here. The list of homes for sale is always updated from the Northwest MLS.

 

What is My Home Worth?

Receive a custom online evaluation for your home, including comparisons to other homes that have recently sold or are on the market. This guarantees you receive the most accurate information available. Click here to find out what your home is worth.

 

For a private showing of Olympia WA, Bank Owned Homes priced thousands under marketplease call me!

John Cameron
VITUS Realty, LLC - Seattle, WA
Real Estate Investing Seattle Tacoma

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Jan 30, 2013 12:35 PM