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Foreclosures in Leander TX 78641 – Market Update October 13th, 2014

By
Real Estate Broker/Owner with Potranco Realty 492107

Foreclosures in Leander TX 78641 - Market Update October 13th, 2014

Leander real estate market is seeing fewer foreclosures and short sales however buyers can still find them with the help of a real estate professional.

There are many factors to consider when buying a foreclosed home in Leander TX compared to a traditional home purchase. I would love the opportunity to help you understand the differences.

The following report is a review of active current foreclosures and sold foreclosures for the past six months.

Foreclosures in Leander TX 78641 zip code shows one current active listings priced at $348,500 on 4 acres with 4 bedrooms 2.5 baths and 3,012 square feet living space, built 1994 and it’s been on the market 34 days.

Currently there are two pending sales in escrow priced at $157,900 - $374,900 both with 1+ acre.

Sold foreclosures in Leander TX 78641 zip code for the past six months show 7 sold with prices ranging from $92,250 - $158,800 ranging from 1,056 – 2,419 square feet all on less than one acre.

Market Analysis Summary for Foreclosures in Leander TX 78645 zip code:

Min list price $104,300 Min sale price $92,250 SP/LP 88.45%
Max list price $374,900 Max sale price $158,000 SP/LP 109.68%
Average list price $177,080 Average sale price $125,650 SP/LP 98.48%
Median list price $138,750 Median sale price $120,000
Average days on the market 49

 

What Does This Mean For Leander Buyers

Foreclosures are an affordable housing option, but there are also more things to watch for with this type of home purchase. Usually a foreclosure is sold "as is". 

Deciding if buying a foreclosed home is a good match for your current situation weighs the pros and cons, and work with a qualified professional who specializes in foreclosed properties like Bob Ratliff.

When our buyers decide a foreclosure is for them and they would like to move forward, we have them get pre-qualified or pre-approved giving our buyers the advantage of being better prepared to make an offer and to have it accepted.

My experience in real estate foreclosure will help guide you through necessary paperwork that comes with buying a foreclosed home and will help you determine if the price is a good value. I would love the opportunity to help buyers find the right foreclosure to purchase with my thirteen-plus years of real estate foreclosures experience. Just a phone call away 512-587-5689


Foreclosures in Leander TX 78641 - Market Update October 13th, 2014

 

To view homes for sale in Leander TX please see below:

Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

If you are considering buying a foreclosed home in Leander TX a good name to know is Bob Ratliff, RE/MAX-CC, Cedar Park & Leander, REALTOR® 512-587-5689

Oct 13, 2014 08:27 AM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Bob...this is a great segment of the market to target. There are still people looking for those foreclosure deals. 

You are so close to 400k points. Way to go. 

Oct 13, 2014 08:46 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Bob - the number of distressed sales in many markets are decreasing.  They still exist and probably will always exist but buyers need to utilize a local professional such as yourself to know the ins and outs of any segment of the real estate market.   It just makes sense.   

Oct 13, 2014 09:40 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Bob, so good of you to help clean up these foreclosures. I have done 4 Fannie Mae Homepath deals on the buyers end this year. I am under contract on one now.

Oct 13, 2014 12:43 PM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Bob. Nice job with your report. One thing I have learned over the years, there are always going to be bank owned properties, sometimes more that others. The property you described sounds like a lot of property for the price.

Oct 13, 2014 07:45 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your  real estate market.

Oct 13, 2014 09:30 PM
Maria Gilda Racelis
Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington - Manchester, CT
Home Ownership is w/in Reach. We Make it Happen!

Hi Bob: Buyers who need good guidance in navigating through the foreclosed homes should only be contacting you. They may be foreclosed homes but they could be a gem too.

And you are right. Most of them are sold as is. Most... because I had a few when the banks gave in to some repairs.

Oct 13, 2014 09:43 PM
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By Real - Alexandria, VA
Alexandria Virginia Homes For Sale

Anyone looking for a foreclosure in Leander TX should know that Bob Ratliff is the agent to contact. He is experienced in this segment of the market and can successfully guide you through the purchasing process.

Oct 14, 2014 12:52 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Bob, great breakdown of information on foreclosure in Leander, TX.   Hope buyers know to give you a call when they are ready to start their search.  

Oct 14, 2014 08:03 AM
Debbie Malone
Londeree's Real Estate & Property Management - Lynchburg, VA
From Lynchburg To The Lake (434) 546-0369

Hi Bob, This is an excellent Foreclosure Market Report for Leander, TX. Buyers  who are considering the purchase of one of these homes need a Realtor with experience in foreclosure sales and would be wise to give you a call.

Oct 14, 2014 02:57 PM