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Lafayette CA Homes For Sale- Foreclosures For Sale In Lafayette For July 30, 2010

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Real Estate Agent with Sellstate Next Generation BRE#01271023 NMLS#1085627

 Lafayette CA Real Estate

 Lafayette CA Homes For Sale- Foreclosures For Sale In Lafayette For  July 30, 2010

As of July 30, 2010, there are 7 Bank Owned Foreclosures for sale in Lafayette, CA. (This report includes condominiums and townhomes) Priced from $530,400 to $2,750,000, and range in square footage from 1056 to 6183. Click Here To View All Lafayette, CA Bank Owned Foreclosures For Sale.

In the last 90 days (April-July 2010), there have been 3 Bank Owned Foreclosures sold in Lafayette, CA. The median sold price was $540,000 and 46 days on the market. That is an increase since April-July 2009, when the median sold price was $487,500 and average time on the market was 21 days. This shows that Bank Owned Foreclosures in Lafayette, CA are still a good buy for homebuyers and investors.

Bank Owned Real Estate For Sale

 

Why Buy A Foreclosure in Lafayette, CA? Most foreclosure properties are well priced and sometimes exceptionally priced (below market). If you are a value buyer and have resources (money, labor&time), than you can fix up these properties and you can have instant equity. However, foreclosed (REO's) are not for everybody, because a lot of times they do require some work. There are foreclosures that are in good shape, but they do get snapped quickly and usually go over asking price, so it is not such a great deal as you thought it was. There are some tremendous buys out in the Lafayette real estate market, couple that with today's interest rates, it makes it quite affordable to buy a foreclosure home.

Looking for a great deal on a foreclosure? Click Here to search all foreclosures (including auction property) in your area.

Thinking of Selling Your Lafayette Home or Condo? Click Here to get a FREE over-the-net evaluation.

Kevin Dwyer 707-704-9250 kevin@homesincontracosta.com

What was once a pit-stop for the Pony Express, Lafayette, California is now a residential community just east of the San Francisco Bay Area.Lafayette boasts all the amenities of small-town life: good schools, low crime rates, an active downtown and a mild climate. For much of its history, it was a quiet farming village, but like many other small communities surrounding San Francisco, the post World War II boom brought a flood of new homes

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Kevin Dwyer | 858-926-3352

Urban Financial of America

 

 

 

 

Comments (1)

Jack Mossman - The Nines Team at Keller Williams in Lodi
The Nines Team at Keller Williams in Lodi - Lodi, CA
The Nines Team in Lodi

Kevin - great job and great picture!  Thanks for the narrow local view of the Diablo Valley.

Jul 29, 2010 05:08 PM