arizona: Bank Owned Properties
- 04/02/08 01:33 PM
Just in the last few days I have seen the banks dramtically lower the prices of some of the bank owned properties. This may have to do with the the $200 billion that the federal government has made availableto the banks. One home here in Anthem on the golf course owned by a bank took a $175,000 reduction which reduced it to $584,900. The home is 4300 square feet. I showed it yesterday and showed another one today the same home on a great lot for $509,000. These banks are ready to sell these home. Too many non performing assest does not make for … (0 comments)
Just in the last few days I have seen the banks dramtically lower the prices of some of the bank owned properties. This may have to do with the the $200 billion that the federal government has made availableto the banks. One home here in Anthem on the golf course owned by a bank took a $175,000 reduction which reduced it to $584,900. The home is 4300 square feet. I showed it yesterday and showed another one today the same home on a great lot for $509,000. These banks are ready to sell these home. Too many non performing assest does not make for … (0 comments)
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