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Mesquite NV REO Foreclosure - Great Price on a Bank Owned Home

By
Real Estate Agent with Desert Gold Realty - Mesquite NV Homes For Sale DRE# S.0072173

Mesquite NV Foreclosures - Reo property - Imagine being able to buy a custom built bank owned home in Mesquite NV for less than $100.00 per sq foot!  How about $75.00 per sq foot?  For a foreclosed home that is is in good condition?  In a neighborhood with NO HOA fees!

Information about Mesquite NV bank owned foreclosure properties

For the low price of $324,900, this custom home on over a quarter of an acre is priced under the FHA maximum loan limit in Mesquite NV.  Room to park your RV and a boat!Mesquite NV Foreclosure 880 Hillside Dr

This lovely 4,349 sq foot home in Valley View subdivision has 5 bedrooms, 3 full baths and a 3 car garage.  Only 6 years old with mature landscaping and sunset views from the kitchen, dining room and den.

The elegant front entry opens to a curving staircase leading up to kitchen, dining room and den with 5 spacious bedrooms and 3 full baths on different levels.

Backyard steps lead up to a private gate which opens on a culdesac one short block to Virgin Valley High School.

Scroll down for more pictures then call me for a private showing!

Mesquite NV Foreclosure 880 Hillside Dr

Mesquite NV Real Estate Foreclosure 880 Hillside Dr

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Mesquite NV short sales and foreclosures - If you would like a MLS list of Mesquite NV short sale and foreclosure properties for sale emailed to you - fill out the short form to Search Mesquite NV MLS and check the foreclosure box.  You will receive a list with addresses and MLS numbers.  You will also get email updates sent to you as new foreclosures and short sales are listed in the Mesquite MLS - opt out any time and your information is never shared.  If you want just Mesquite foreclosure property listings, not short sales, just say so in the 'additional information' box.

Virginia Hepp
ERA Brokers Consolidated
Mesquite NV Real Estate
Mesquite Chamber of Commerce Member
702 622-1177
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Comments(9)

Anonymous
Blogger To Be Named Later

Just plain loco to buy a 4,400 square foot home in the "3's" -- good luck with the marketing plan!

May 20, 2008 02:19 PM
#1
Mike Jones
SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) - Tucson, AZ
Mike Jones NMLS 223495

Virginia,

Whoever thought that we'd be using FHA mortgages to finance houses like this?

Mike in Tucson

May 20, 2008 05:04 PM
Jesse Clifton
Jesse Clifton & Associates - Fairbanks, AK

Hi, Virginia - Nice looking house you've got there.  The price isn't bad either!  What did this sell for new?

May 20, 2008 07:29 PM
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Hi Virginia - Looks like a great home. I really like the staircase! Best of luck with getting it sold.

May 20, 2008 11:51 PM
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Virginia, that is a huge house at a steal of a price as an REO. And unlike many REOs I have dealt with, yours looks in great condition. The kitchen is spacious. Love the roof too which goes with your locale. Good luck with the sale!

May 21, 2008 05:18 AM
Virginia Hepp - Mesquite NV REALTOR
Desert Gold Realty - Mesquite NV Homes For Sale - Mesquite, NV
Mesquite NV Homes and Neighborhoods - Search MLS

Andrew - The market went loco and left some victims of...............

Mike - Fha loans, definitely not just for first time buyers anymore, mention of an FHA loan with a home like this would have been a typo a while ago!  :)

Jesse - It is in an excellent neighborhood - some homes there sell for 6-700K.  I believe it sold for close to 6 in 2002, before the market jumped up the prices.

Bill - Thanks, the staircase is beautiful - 4 levels open off it.  I just noticed that I forgot to put the chandelier picture in - edit!!

Gary - The bank is losing a huge chunk on this one.  The owners took very good care of it, needs some carpet and paint, everything else inside is fine.

May 21, 2008 06:47 PM
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Virginia, from $600K to $385K in six years.... Wow, my how some properties are being unloaded by the banks. I hate how it messes up the comparables in the neighborhood between normal and distressed properties. As long as distressed properties are an anomaly, they can probably be dropped, but if there are too many of them they have to be factored in. I forgot to mention I too think that staircase is gorgeous. Someone is going to get a good deal. Good luck to you with putting a deal together.

May 24, 2008 02:25 PM
* Rate A Home
Rate A Home - Saugatuck, MI

Virginia, wow, great pirce and nice home. Love the sky entry!

May 29, 2008 05:02 PM
Virginia Hepp - Mesquite NV REALTOR
Desert Gold Realty - Mesquite NV Homes For Sale - Mesquite, NV
Mesquite NV Homes and Neighborhoods - Search MLS

Duane - That staircase is awesome, isn't it?  It opens to 4 different levels of living areas.  Would be great for a mother-in-law situation or a big family.

May 30, 2008 10:57 AM