Janna Rankin Scharf,GRI, CLHMS, SFR - Coeur d' Alene Idaho Homes For Sale
These days, one thing EVERY buyer has in common is that they are looking for a SCREAMING DEAL! Often, they look for that deal in the form of a foreclosure. These are properties that unfortunate homeowners have lost to their bank. They are now bank owned, and the banks refer to them as REO properties, short for Real Estate Owned. REO is one of the lines on a bank's balance sheet.
As of today, 9/27/2012, there are 147 active REO foreclosure listings of homes for sale in the Coeur d'Alene Multiple Listing Service. Another 25 Coeur d'Alene REO foreclosure properties are in escrow with pending sales.
The active Coeur d'Alene REO foreclosure listed properties average in list price from $21,000 to $1,695,000. They come in all shapes and sizes and are found in just about every neighborhood.
If you are considering purchasing a foreclosure in the Coeur d'alene area, give me a call. There are certain things you can do to improve your chance of success. Preparation is key, and often with the best REO properties in the best price ranges we will find ourselves in multiple offer, competitive bidding situations!
Let me help you come out on top, with SUCCESS in getting your smokin' hot screaming deal on a Coeur d'Alene bank owned foreclosure home for sale.
The link above will remain active and update daily with new listings of Coeur d'Alene area bank owned homes and status updates for 30 days. If you stumble upon it after that, just give me a call and I will gladly send you a fresh link!
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