Looking to buy a bank owned home in Whittier? The amount of bank owned homes has come down in the city of Whittier, but there are still several bank owned properties for sale that might be exactly what you are looking for.
As of 06/30/10, there are a total of 32 bank owned properties for sale in Whittier - 26 of them are Single Family Homes, 6 are Condos.
The lowest priced bank owned Whittier Single Family Home is listed at $144,900, it has been on the market for 86 days, the price per sqft on this property is $190.66. The highest priced bank owned Whittier Single Family Home is listed at over $1.6mil, has been on the market for 344 days, at a price of $243.47 per sqft.
The lowest priced bank owned Condo in Whittier is listed at $157,000, it has been on the market for 82 days, at a price per sqft of $231.56. The highest priced bank owned Whittier Condo is listed at $265,000, has been on the market for 61 days, at $166.88 per sqft.
One of the biggest advantages of buying a bank owned property is that the majority of them are listed at a great price. Before putting the property on the market, the lender/owner contracts an independent Real Estate Professional to give a "Broker Price Opinion" (BPO, comparable to an appraisal, however, it is done by a Realtor or Broker) to get a good understanding of the true value of a property. Very rarely do we see a bank owned property that is greatly overpriced - the trend seems to be either right on the money or below value.
Would you like to receive a FREE list of all current Whittier bank owned properties? Just contact us and let us know which area and price range you are interested in, and we will get a list out to you right away - no commitment, no obligation!
Also, be sure to check out our latest blog about what to be aware of when purchasing a bank owned home!
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Warm regards,
Stephanie & Shirley
Stephanie Frymyer & Shirley Williams
The S & S Team
"Your Local Property Pros"
562-355-8120 & 310-308-6107
DRE# 01390458 & DRE# 01456658
http://yourlocalpropertypro.com/
Stephanie Frymyer
Realtor, SFR, ABR, SRES
DRE 01390458
Your Whittier Realtor (and surrounding areas)
Shirley Williams
Realtor, SFR, SRES
DRE 01456658
Your West Covina Realtor (and surrounding areas)
Main Street Realtors
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