Michigan foreclosure activity rose 22% in the third quarter, putting it in the top 10 for foreclosure activity, according to RealtyTrac data released today.
Michigan ranked eighth nationwide for its foreclosure rate for the three months ended Sept. 30 with one filing for every 122 households. That compares with a national rate of one filing for every 136 households.
The state law that freezes foreclosure proceedings for 90 days also requires lenders to file a public notice of default before setting a foreclosure auction date. That additional filing pushed the state total for the quarter to 37,036 foreclosure filings, said RealtyTrac, an Irvine, Calif.-based foreclosure Web site.
Michigan's total includes 11,454 notices of default, 10,575 notices of sale and 14,997 bank repossessions in the quarter.
Daren Blomquist, RealtyTrac spokesman, said that with $134 billion in adjustable-rate mortgages resetting to higher interest rates over the next two years, foreclosure activity is expected to remain elevated.
"We don't see a quick change to the trend. Michigan has been pretty consistently in the top 10 for highest state foreclosure rates," he said. "I see that continuing."
Foreclosure filings rose nearly 23% nationwide in the quarter when compared with the same period a year ago and by 5% when compared with the second quarter.
States in the top 10 for foreclosure rates in the third quarter were Nevada, Arizona, California, Florida, Idaho, Utah, Georgia, Michigan, Colorado and Illinois.
RealtyTrac: 1 filing per 122 households
BY GRETA GUEST
FREE PRESS BUSINESS WRITER
Contact GRETA GUEST: 313-223-4192 or gguest@freepress.com
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
Showing posts with label Bank Bulk REO Sales. Show all posts
Showing posts with label Bank Bulk REO Sales. Show all posts
Thursday, October 22, 2009
3Q foreclosures rise 22%, putting Michigan in top 10
Michigan foreclosure activity rose 22% in the third quarter, putting it in the top 10 for foreclosure activity, according to RealtyTrac data released today.
Michigan ranked eighth nationwide for its foreclosure rate for the three months ended Sept. 30 with one filing for every 122 households. That compares with a national rate of one filing for every 136 households.
The state law that freezes foreclosure proceedings for 90 days also requires lenders to file a public notice of default before setting a foreclosure auction date. That additional filing pushed the state total for the quarter to 37,036 foreclosure filings, said RealtyTrac, an Irvine, Calif.-based foreclosure Web site.
Michigan's total includes 11,454 notices of default, 10,575 notices of sale and 14,997 bank repossessions in the quarter.
Daren Blomquist, RealtyTrac spokesman, said that with $134 billion in adjustable-rate mortgages resetting to higher interest rates over the next two years, foreclosure activity is expected to remain elevated.
"We don't see a quick change to the trend. Michigan has been pretty consistently in the top 10 for highest state foreclosure rates," he said. "I see that continuing."
Foreclosure filings rose nearly 23% nationwide in the quarter when compared with the same period a year ago and by 5% when compared with the second quarter.
States in the top 10 for foreclosure rates in the third quarter were Nevada, Arizona, California, Florida, Idaho, Utah, Georgia, Michigan, Colorado and Illinois.
RealtyTrac: 1 filing per 122 households
BY GRETA GUEST
FREE PRESS BUSINESS WRITER
Contact GRETA GUEST: 313-223-4192 or gguest@freepress.com
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
Michigan ranked eighth nationwide for its foreclosure rate for the three months ended Sept. 30 with one filing for every 122 households. That compares with a national rate of one filing for every 136 households.
The state law that freezes foreclosure proceedings for 90 days also requires lenders to file a public notice of default before setting a foreclosure auction date. That additional filing pushed the state total for the quarter to 37,036 foreclosure filings, said RealtyTrac, an Irvine, Calif.-based foreclosure Web site.
Michigan's total includes 11,454 notices of default, 10,575 notices of sale and 14,997 bank repossessions in the quarter.
Daren Blomquist, RealtyTrac spokesman, said that with $134 billion in adjustable-rate mortgages resetting to higher interest rates over the next two years, foreclosure activity is expected to remain elevated.
"We don't see a quick change to the trend. Michigan has been pretty consistently in the top 10 for highest state foreclosure rates," he said. "I see that continuing."
Foreclosure filings rose nearly 23% nationwide in the quarter when compared with the same period a year ago and by 5% when compared with the second quarter.
States in the top 10 for foreclosure rates in the third quarter were Nevada, Arizona, California, Florida, Idaho, Utah, Georgia, Michigan, Colorado and Illinois.
RealtyTrac: 1 filing per 122 households
BY GRETA GUEST
FREE PRESS BUSINESS WRITER
Contact GRETA GUEST: 313-223-4192 or gguest@freepress.com
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
Friday, October 9, 2009
Great day to be in Charlottesville Real Estate
Our Real Estate Group Update for Charlottesville and Central Virginia
Its a great day to be at Keller Williams and its great day to be in Real Estate in Charlottesville. Had a closing yesterday, got two Charlottesville short sales approved and closing within the next 30 days, got 4 REO/Bank Owned Properties coming on the market, and we are listing 3 homes, and 2 more short sales.
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
Its a great day to be at Keller Williams and its great day to be in Real Estate in Charlottesville. Had a closing yesterday, got two Charlottesville short sales approved and closing within the next 30 days, got 4 REO/Bank Owned Properties coming on the market, and we are listing 3 homes, and 2 more short sales.
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
Great day to be in Charlottesville Real Estate
Our Real Estate Group Update for Charlottesville and Central Virginia
Its a great day to be at Keller Williams and its great day to be in Real Estate in Charlottesville. Had a closing yesterday, got two Charlottesville short sales approved and closing within the next 30 days, got 4 REO/Bank Owned Properties coming on the market, and we are listing 3 homes, and 2 more short sales.
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
Its a great day to be at Keller Williams and its great day to be in Real Estate in Charlottesville. Had a closing yesterday, got two Charlottesville short sales approved and closing within the next 30 days, got 4 REO/Bank Owned Properties coming on the market, and we are listing 3 homes, and 2 more short sales.
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
Thursday, October 1, 2009
Freddie Mac REO Foreclosures for Sale
Charlottesville foreclosures of Freddie Mac currently listed for sale. Freddie Mac REO property in the area is listed below
Property Status: LISTED (available for sale now)
Zip Code: 22901
Loan: 494289155 Address: 1298 CLIFDEN GREENE, CHARLOTTESVILLE, VA
Rooms: 6 Bed: 3 Bath: 2.0 Price: 174,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22902
Loan: 766024679 Address: 1105 DRUID AVE APT Q, CHARLOTTESVILLE, VA
Rooms: 7 Bed: 2 Bath: 3.5 Price: 202,500.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22903
Loan: 362483078 Address: 308 6TH ST SW APT A, CHARLOTTESVILLE, VA
Rooms: 8 Bed: 4 Bath: 3.0 Price: 116,600.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22911
Loan: 285164546 Address: 1075 WEYBRIDGE COURT 206, CHARLOTTESVILLE, VA
Rooms: 3 Bed: 1 Bath: 1.0 Price: 139,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Loan: 110114167 Address: 2247 HUMMINGBIRD LANE, CHARLOTTESVILLE, VA
Rooms: 9 Bed: 4 Bath: 2.5 Price: 179,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22963
Loan: 961007052 Address: 49 JEFFERSON DRIVE, PALMYRA, VA
Rooms: 7 Bed: 4 Bath: 2.5 Price: 137,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Loan: 316914886 Address: 777 JEFFERSON DRIVE EAST, PALMYRA, VA
Rooms: 8 Bed: 4 Bath: 2.5 Price: 166,950.00
Offered By: REAL ESTATE III INC (434) 817-9700
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
Property Status: LISTED (available for sale now)
Zip Code: 22901
Loan: 494289155 Address: 1298 CLIFDEN GREENE, CHARLOTTESVILLE, VA
Rooms: 6 Bed: 3 Bath: 2.0 Price: 174,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22902
Loan: 766024679 Address: 1105 DRUID AVE APT Q, CHARLOTTESVILLE, VA
Rooms: 7 Bed: 2 Bath: 3.5 Price: 202,500.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22903
Loan: 362483078 Address: 308 6TH ST SW APT A, CHARLOTTESVILLE, VA
Rooms: 8 Bed: 4 Bath: 3.0 Price: 116,600.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22911
Loan: 285164546 Address: 1075 WEYBRIDGE COURT 206, CHARLOTTESVILLE, VA
Rooms: 3 Bed: 1 Bath: 1.0 Price: 139,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Loan: 110114167 Address: 2247 HUMMINGBIRD LANE, CHARLOTTESVILLE, VA
Rooms: 9 Bed: 4 Bath: 2.5 Price: 179,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22963
Loan: 961007052 Address: 49 JEFFERSON DRIVE, PALMYRA, VA
Rooms: 7 Bed: 4 Bath: 2.5 Price: 137,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Loan: 316914886 Address: 777 JEFFERSON DRIVE EAST, PALMYRA, VA
Rooms: 8 Bed: 4 Bath: 2.5 Price: 166,950.00
Offered By: REAL ESTATE III INC (434) 817-9700
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
Freddie Mac REO Foreclosures for Sale
Charlottesville foreclosures of Freddie Mac currently listed for sale. Freddie Mac REO property in the area is listed below
Property Status: LISTED (available for sale now)
Zip Code: 22901
Loan: 494289155 Address: 1298 CLIFDEN GREENE, CHARLOTTESVILLE, VA
Rooms: 6 Bed: 3 Bath: 2.0 Price: 174,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22902
Loan: 766024679 Address: 1105 DRUID AVE APT Q, CHARLOTTESVILLE, VA
Rooms: 7 Bed: 2 Bath: 3.5 Price: 202,500.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22903
Loan: 362483078 Address: 308 6TH ST SW APT A, CHARLOTTESVILLE, VA
Rooms: 8 Bed: 4 Bath: 3.0 Price: 116,600.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22911
Loan: 285164546 Address: 1075 WEYBRIDGE COURT 206, CHARLOTTESVILLE, VA
Rooms: 3 Bed: 1 Bath: 1.0 Price: 139,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Loan: 110114167 Address: 2247 HUMMINGBIRD LANE, CHARLOTTESVILLE, VA
Rooms: 9 Bed: 4 Bath: 2.5 Price: 179,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22963
Loan: 961007052 Address: 49 JEFFERSON DRIVE, PALMYRA, VA
Rooms: 7 Bed: 4 Bath: 2.5 Price: 137,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Loan: 316914886 Address: 777 JEFFERSON DRIVE EAST, PALMYRA, VA
Rooms: 8 Bed: 4 Bath: 2.5 Price: 166,950.00
Offered By: REAL ESTATE III INC (434) 817-9700
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
Property Status: LISTED (available for sale now)
Zip Code: 22901
Loan: 494289155 Address: 1298 CLIFDEN GREENE, CHARLOTTESVILLE, VA
Rooms: 6 Bed: 3 Bath: 2.0 Price: 174,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22902
Loan: 766024679 Address: 1105 DRUID AVE APT Q, CHARLOTTESVILLE, VA
Rooms: 7 Bed: 2 Bath: 3.5 Price: 202,500.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22903
Loan: 362483078 Address: 308 6TH ST SW APT A, CHARLOTTESVILLE, VA
Rooms: 8 Bed: 4 Bath: 3.0 Price: 116,600.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22911
Loan: 285164546 Address: 1075 WEYBRIDGE COURT 206, CHARLOTTESVILLE, VA
Rooms: 3 Bed: 1 Bath: 1.0 Price: 139,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Loan: 110114167 Address: 2247 HUMMINGBIRD LANE, CHARLOTTESVILLE, VA
Rooms: 9 Bed: 4 Bath: 2.5 Price: 179,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22963
Loan: 961007052 Address: 49 JEFFERSON DRIVE, PALMYRA, VA
Rooms: 7 Bed: 4 Bath: 2.5 Price: 137,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Loan: 316914886 Address: 777 JEFFERSON DRIVE EAST, PALMYRA, VA
Rooms: 8 Bed: 4 Bath: 2.5 Price: 166,950.00
Offered By: REAL ESTATE III INC (434) 817-9700
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
Thursday, September 24, 2009
Freddie Mac Charlottesville Foreclosures and REO Properties
Freddie Mac Charlottesville Foreclosures, REO Properties, Bank Owned homes.
--------------------------------------------------------------------------------
Property Status: LISTED (available for sale now)
Zip Code: 22901
Loan: 330957481 Address: 725 DENALI WAY, CHARLOTTESVILLE, VA
Rooms: 4 Bed: 2 Bath: 2.0 Price: 91,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Loan: 494289155 Address: 1298 CLIFDEN GREENE, CHARLOTTESVILLE, VA
Rooms: 6 Bed: 3 Bath: 2.0 Price: 174,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22902
Loan: 766024679 Address: 1105 DRUID AVE APT Q, CHARLOTTESVILLE, VA
Rooms: 7 Bed: 2 Bath: 3.5 Price: 202,500.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22903
Loan: 362483078 Address: 308 6TH ST SW APT A, CHARLOTTESVILLE, VA
Rooms: 8 Bed: 4 Bath: 3.0 Price: 116,600.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22911
Loan: 285164546 Address: 1075 WEYBRIDGE COURT 206, CHARLOTTESVILLE, VA
Rooms: 3 Bed: 1 Bath: 1.0 Price: 139,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Loan: 110114167 Address: 2247 HUMMINGBIRD LANE, CHARLOTTESVILLE, VA
Rooms: 9 Bed: 4 Bath: 2.5 Price: 179,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22963
Loan: 961007052 Address: 49 JEFFERSON DRIVE, PALMYRA, VA
Rooms: 7 Bed: 4 Bath: 2.5 Price: 137,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
--------------------------------------------------------------------------------
Property Status: NOT LISTED (coming soon to the market; please
contact listing broker for more information)
Zip Code: 22963
Loan: 316914886 Address: 777 JEFFERSON DRIVE EAST, PALMYRA, VA
Rooms: 8 Bed: 4 Bath: 2.5 Price: 0.00
Offered By: REAL ESTATE III INC (434) 817-9700
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
--------------------------------------------------------------------------------
Property Status: LISTED (available for sale now)
Zip Code: 22901
Loan: 330957481 Address: 725 DENALI WAY, CHARLOTTESVILLE, VA
Rooms: 4 Bed: 2 Bath: 2.0 Price: 91,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Loan: 494289155 Address: 1298 CLIFDEN GREENE, CHARLOTTESVILLE, VA
Rooms: 6 Bed: 3 Bath: 2.0 Price: 174,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22902
Loan: 766024679 Address: 1105 DRUID AVE APT Q, CHARLOTTESVILLE, VA
Rooms: 7 Bed: 2 Bath: 3.5 Price: 202,500.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22903
Loan: 362483078 Address: 308 6TH ST SW APT A, CHARLOTTESVILLE, VA
Rooms: 8 Bed: 4 Bath: 3.0 Price: 116,600.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22911
Loan: 285164546 Address: 1075 WEYBRIDGE COURT 206, CHARLOTTESVILLE, VA
Rooms: 3 Bed: 1 Bath: 1.0 Price: 139,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Loan: 110114167 Address: 2247 HUMMINGBIRD LANE, CHARLOTTESVILLE, VA
Rooms: 9 Bed: 4 Bath: 2.5 Price: 179,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22963
Loan: 961007052 Address: 49 JEFFERSON DRIVE, PALMYRA, VA
Rooms: 7 Bed: 4 Bath: 2.5 Price: 137,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
--------------------------------------------------------------------------------
Property Status: NOT LISTED (coming soon to the market; please
contact listing broker for more information)
Zip Code: 22963
Loan: 316914886 Address: 777 JEFFERSON DRIVE EAST, PALMYRA, VA
Rooms: 8 Bed: 4 Bath: 2.5 Price: 0.00
Offered By: REAL ESTATE III INC (434) 817-9700
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
Freddie Mac Charlottesville Foreclosures and REO Properties
Freddie Mac Charlottesville Foreclosures, REO Properties, Bank Owned homes.
--------------------------------------------------------------------------------
Property Status: LISTED (available for sale now)
Zip Code: 22901
Loan: 330957481 Address: 725 DENALI WAY, CHARLOTTESVILLE, VA
Rooms: 4 Bed: 2 Bath: 2.0 Price: 91,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Loan: 494289155 Address: 1298 CLIFDEN GREENE, CHARLOTTESVILLE, VA
Rooms: 6 Bed: 3 Bath: 2.0 Price: 174,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22902
Loan: 766024679 Address: 1105 DRUID AVE APT Q, CHARLOTTESVILLE, VA
Rooms: 7 Bed: 2 Bath: 3.5 Price: 202,500.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22903
Loan: 362483078 Address: 308 6TH ST SW APT A, CHARLOTTESVILLE, VA
Rooms: 8 Bed: 4 Bath: 3.0 Price: 116,600.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22911
Loan: 285164546 Address: 1075 WEYBRIDGE COURT 206, CHARLOTTESVILLE, VA
Rooms: 3 Bed: 1 Bath: 1.0 Price: 139,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Loan: 110114167 Address: 2247 HUMMINGBIRD LANE, CHARLOTTESVILLE, VA
Rooms: 9 Bed: 4 Bath: 2.5 Price: 179,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22963
Loan: 961007052 Address: 49 JEFFERSON DRIVE, PALMYRA, VA
Rooms: 7 Bed: 4 Bath: 2.5 Price: 137,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
--------------------------------------------------------------------------------
Property Status: NOT LISTED (coming soon to the market; please
contact listing broker for more information)
Zip Code: 22963
Loan: 316914886 Address: 777 JEFFERSON DRIVE EAST, PALMYRA, VA
Rooms: 8 Bed: 4 Bath: 2.5 Price: 0.00
Offered By: REAL ESTATE III INC (434) 817-9700
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
--------------------------------------------------------------------------------
Property Status: LISTED (available for sale now)
Zip Code: 22901
Loan: 330957481 Address: 725 DENALI WAY, CHARLOTTESVILLE, VA
Rooms: 4 Bed: 2 Bath: 2.0 Price: 91,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Loan: 494289155 Address: 1298 CLIFDEN GREENE, CHARLOTTESVILLE, VA
Rooms: 6 Bed: 3 Bath: 2.0 Price: 174,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22902
Loan: 766024679 Address: 1105 DRUID AVE APT Q, CHARLOTTESVILLE, VA
Rooms: 7 Bed: 2 Bath: 3.5 Price: 202,500.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22903
Loan: 362483078 Address: 308 6TH ST SW APT A, CHARLOTTESVILLE, VA
Rooms: 8 Bed: 4 Bath: 3.0 Price: 116,600.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22911
Loan: 285164546 Address: 1075 WEYBRIDGE COURT 206, CHARLOTTESVILLE, VA
Rooms: 3 Bed: 1 Bath: 1.0 Price: 139,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Loan: 110114167 Address: 2247 HUMMINGBIRD LANE, CHARLOTTESVILLE, VA
Rooms: 9 Bed: 4 Bath: 2.5 Price: 179,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22963
Loan: 961007052 Address: 49 JEFFERSON DRIVE, PALMYRA, VA
Rooms: 7 Bed: 4 Bath: 2.5 Price: 137,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
--------------------------------------------------------------------------------
Property Status: NOT LISTED (coming soon to the market; please
contact listing broker for more information)
Zip Code: 22963
Loan: 316914886 Address: 777 JEFFERSON DRIVE EAST, PALMYRA, VA
Rooms: 8 Bed: 4 Bath: 2.5 Price: 0.00
Offered By: REAL ESTATE III INC (434) 817-9700
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
Thursday, September 10, 2009
Charlottesville Foreclosures - Freddie Mac REO Homes for Sale
Charlottesville Foreclosures - Freddie Mac REO Homes for Sale
Property Status: LISTED (available for sale now)
Zip Code: 22901
Loan: 330957481 Address: 725 DENALI WAY, CHARLOTTESVILLE, VA
Rooms: 4 Bed: 2 Bath: 2.0 Price: 91,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22902
Loan: 766024679 Address: 1105 DRUID AVE APT Q, CHARLOTTESVILLE, VA
Rooms: 7 Bed: 2 Bath: 3.5 Price: 202,500.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22903
Loan: 362483078 Address: 308 6TH ST SW APT A, CHARLOTTESVILLE, VA
Rooms: 8 Bed: 4 Bath: 3.0 Price: 116,600.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22911
Loan: 110114167 Address: 2247 HUMMINGBIRD LANE, CHARLOTTESVILLE, VA
Rooms: 9 Bed: 4 Bath: 2.5 Price: 197,250.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22963
Loan: 961007052 Address: 49 JEFFERSON DRIVE, PALMYRA, VA
Rooms: 7 Bed: 4 Bath: 2.5 Price: 137,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
--------------------------------------------------------------------------------
Property Status: NOT LISTED (coming soon to the market; please
contact listing broker for more information)
Zip Code: 22901
Loan: 494289155 Address: 1298 CLIFDEN GREENE, CHARLOTTESVILLE, VA
Rooms: 0 Bed: 0 Bath: 0.0 Price: 0.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22963
Loan: 316914886 Address: 777 JEFFERSON DRIVE EAST, PALMYRA, VA
Rooms: 0 Bed: 0 Bath: 0.0 Price: 0.00
Offered By: REAL ESTATE III INC (434) 817-9700
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
Property Status: LISTED (available for sale now)
Zip Code: 22901
Loan: 330957481 Address: 725 DENALI WAY, CHARLOTTESVILLE, VA
Rooms: 4 Bed: 2 Bath: 2.0 Price: 91,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22902
Loan: 766024679 Address: 1105 DRUID AVE APT Q, CHARLOTTESVILLE, VA
Rooms: 7 Bed: 2 Bath: 3.5 Price: 202,500.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22903
Loan: 362483078 Address: 308 6TH ST SW APT A, CHARLOTTESVILLE, VA
Rooms: 8 Bed: 4 Bath: 3.0 Price: 116,600.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22911
Loan: 110114167 Address: 2247 HUMMINGBIRD LANE, CHARLOTTESVILLE, VA
Rooms: 9 Bed: 4 Bath: 2.5 Price: 197,250.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22963
Loan: 961007052 Address: 49 JEFFERSON DRIVE, PALMYRA, VA
Rooms: 7 Bed: 4 Bath: 2.5 Price: 137,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
--------------------------------------------------------------------------------
Property Status: NOT LISTED (coming soon to the market; please
contact listing broker for more information)
Zip Code: 22901
Loan: 494289155 Address: 1298 CLIFDEN GREENE, CHARLOTTESVILLE, VA
Rooms: 0 Bed: 0 Bath: 0.0 Price: 0.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22963
Loan: 316914886 Address: 777 JEFFERSON DRIVE EAST, PALMYRA, VA
Rooms: 0 Bed: 0 Bath: 0.0 Price: 0.00
Offered By: REAL ESTATE III INC (434) 817-9700
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
Charlottesville Foreclosures - Freddie Mac REO Homes for Sale
Charlottesville Foreclosures - Freddie Mac REO Homes for Sale
Property Status: LISTED (available for sale now)
Zip Code: 22901
Loan: 330957481 Address: 725 DENALI WAY, CHARLOTTESVILLE, VA
Rooms: 4 Bed: 2 Bath: 2.0 Price: 91,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22902
Loan: 766024679 Address: 1105 DRUID AVE APT Q, CHARLOTTESVILLE, VA
Rooms: 7 Bed: 2 Bath: 3.5 Price: 202,500.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22903
Loan: 362483078 Address: 308 6TH ST SW APT A, CHARLOTTESVILLE, VA
Rooms: 8 Bed: 4 Bath: 3.0 Price: 116,600.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22911
Loan: 110114167 Address: 2247 HUMMINGBIRD LANE, CHARLOTTESVILLE, VA
Rooms: 9 Bed: 4 Bath: 2.5 Price: 197,250.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22963
Loan: 961007052 Address: 49 JEFFERSON DRIVE, PALMYRA, VA
Rooms: 7 Bed: 4 Bath: 2.5 Price: 137,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
--------------------------------------------------------------------------------
Property Status: NOT LISTED (coming soon to the market; please
contact listing broker for more information)
Zip Code: 22901
Loan: 494289155 Address: 1298 CLIFDEN GREENE, CHARLOTTESVILLE, VA
Rooms: 0 Bed: 0 Bath: 0.0 Price: 0.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22963
Loan: 316914886 Address: 777 JEFFERSON DRIVE EAST, PALMYRA, VA
Rooms: 0 Bed: 0 Bath: 0.0 Price: 0.00
Offered By: REAL ESTATE III INC (434) 817-9700
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
Property Status: LISTED (available for sale now)
Zip Code: 22901
Loan: 330957481 Address: 725 DENALI WAY, CHARLOTTESVILLE, VA
Rooms: 4 Bed: 2 Bath: 2.0 Price: 91,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22902
Loan: 766024679 Address: 1105 DRUID AVE APT Q, CHARLOTTESVILLE, VA
Rooms: 7 Bed: 2 Bath: 3.5 Price: 202,500.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22903
Loan: 362483078 Address: 308 6TH ST SW APT A, CHARLOTTESVILLE, VA
Rooms: 8 Bed: 4 Bath: 3.0 Price: 116,600.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22911
Loan: 110114167 Address: 2247 HUMMINGBIRD LANE, CHARLOTTESVILLE, VA
Rooms: 9 Bed: 4 Bath: 2.5 Price: 197,250.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22963
Loan: 961007052 Address: 49 JEFFERSON DRIVE, PALMYRA, VA
Rooms: 7 Bed: 4 Bath: 2.5 Price: 137,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
--------------------------------------------------------------------------------
Property Status: NOT LISTED (coming soon to the market; please
contact listing broker for more information)
Zip Code: 22901
Loan: 494289155 Address: 1298 CLIFDEN GREENE, CHARLOTTESVILLE, VA
Rooms: 0 Bed: 0 Bath: 0.0 Price: 0.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22963
Loan: 316914886 Address: 777 JEFFERSON DRIVE EAST, PALMYRA, VA
Rooms: 0 Bed: 0 Bath: 0.0 Price: 0.00
Offered By: REAL ESTATE III INC (434) 817-9700
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
Thursday, September 3, 2009
Current Freddie Mac Bank Owned Properties (REOs)
Freddie Mac Bank Owned Properties (REOs) in the Charlottesville Real Estate Area.
Property Status: LISTED (available for sale now)
Zip Code: 22901
Loan: 330957481 Address: 725 DENALI WAY, CHARLOTTESVILLE, VA
Rooms: 4 Bed: 2 Bath: 2.0 Price: 91,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22902
Loan: 766024679 Address: 1105 DRUID AVE APT Q, CHARLOTTESVILLE, VA
Rooms: 7 Bed: 2 Bath: 3.5 Price: 202,500.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22903
Loan: 362483078 Address: 308 6TH ST SW APT A, CHARLOTTESVILLE, VA
Rooms: 8 Bed: 4 Bath: 3.0 Price: 116,600.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22911
Loan: 110114167 Address: 2247 HUMMINGBIRD LANE, CHARLOTTESVILLE, VA
Rooms: 9 Bed: 4 Bath: 2.5 Price: 197,250.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22963
Loan: 961007052 Address: 49 JEFFERSON DRIVE, PALMYRA, VA
Rooms: 7 Bed: 4 Bath: 2.5 Price: 137,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
Property Status: LISTED (available for sale now)
Zip Code: 22901
Loan: 330957481 Address: 725 DENALI WAY, CHARLOTTESVILLE, VA
Rooms: 4 Bed: 2 Bath: 2.0 Price: 91,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22902
Loan: 766024679 Address: 1105 DRUID AVE APT Q, CHARLOTTESVILLE, VA
Rooms: 7 Bed: 2 Bath: 3.5 Price: 202,500.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22903
Loan: 362483078 Address: 308 6TH ST SW APT A, CHARLOTTESVILLE, VA
Rooms: 8 Bed: 4 Bath: 3.0 Price: 116,600.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22911
Loan: 110114167 Address: 2247 HUMMINGBIRD LANE, CHARLOTTESVILLE, VA
Rooms: 9 Bed: 4 Bath: 2.5 Price: 197,250.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22963
Loan: 961007052 Address: 49 JEFFERSON DRIVE, PALMYRA, VA
Rooms: 7 Bed: 4 Bath: 2.5 Price: 137,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
Current Freddie Mac Bank Owned Properties (REOs)
Freddie Mac Bank Owned Properties (REOs) in the Charlottesville Real Estate Area.
Property Status: LISTED (available for sale now)
Zip Code: 22901
Loan: 330957481 Address: 725 DENALI WAY, CHARLOTTESVILLE, VA
Rooms: 4 Bed: 2 Bath: 2.0 Price: 91,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22902
Loan: 766024679 Address: 1105 DRUID AVE APT Q, CHARLOTTESVILLE, VA
Rooms: 7 Bed: 2 Bath: 3.5 Price: 202,500.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22903
Loan: 362483078 Address: 308 6TH ST SW APT A, CHARLOTTESVILLE, VA
Rooms: 8 Bed: 4 Bath: 3.0 Price: 116,600.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22911
Loan: 110114167 Address: 2247 HUMMINGBIRD LANE, CHARLOTTESVILLE, VA
Rooms: 9 Bed: 4 Bath: 2.5 Price: 197,250.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22963
Loan: 961007052 Address: 49 JEFFERSON DRIVE, PALMYRA, VA
Rooms: 7 Bed: 4 Bath: 2.5 Price: 137,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
Property Status: LISTED (available for sale now)
Zip Code: 22901
Loan: 330957481 Address: 725 DENALI WAY, CHARLOTTESVILLE, VA
Rooms: 4 Bed: 2 Bath: 2.0 Price: 91,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22902
Loan: 766024679 Address: 1105 DRUID AVE APT Q, CHARLOTTESVILLE, VA
Rooms: 7 Bed: 2 Bath: 3.5 Price: 202,500.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22903
Loan: 362483078 Address: 308 6TH ST SW APT A, CHARLOTTESVILLE, VA
Rooms: 8 Bed: 4 Bath: 3.0 Price: 116,600.00
Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22911
Loan: 110114167 Address: 2247 HUMMINGBIRD LANE, CHARLOTTESVILLE, VA
Rooms: 9 Bed: 4 Bath: 2.5 Price: 197,250.00
Offered By: REAL ESTATE III INC (434) 817-9700
Zip Code: 22963
Loan: 961007052 Address: 49 JEFFERSON DRIVE, PALMYRA, VA
Rooms: 7 Bed: 4 Bath: 2.5 Price: 137,900.00
Offered By: REAL ESTATE III INC (434) 817-9700
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com
Monday, July 13, 2009
What is a Broker Price Opinions - BPO?
Why Banks Need Broker Price Opinions - BPOs: "When a bank or asset manager obtains a new foreclosed listing to sell, they immediately need to know the home's value. Typically a bank will assign one to three agents to evaluate the approximate selling value of a home. These banks expect each agent to submit three comparable sold listings and three comparable active listings as well as an estimate of what the agent thinks the home will sell for.
A Broker Price Opinion is not as detailed as an appraisal and does not entail as much work. BPOs differ from Appraisals in a number of ways:
Appraisals typically cost over $300. Most BPOs pay brokers between $50 and $100.
Appraisals require detailed square footage measurements. BPOs rely on county assessors' recorded measurements.
Appraisals use a standard format recognized and used by lenders and mortgage professionals for precise property valuations. BPO's are prepared in different formats and are used simply as decision making tools for asset managers of each bank.
Appraisals are typically 15-20 pages long with detailed information on each aspect of a property. BPO's are usually 2 pages long with information pertaining only to a final selling price."
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com/
http://www.forestlakesliving.com/
http://www.charlottesvillevarealestate.blogspot.com/
http://www.charlottesvilleshortsale.com/
http://www.theaverygroup.com/
A Broker Price Opinion is not as detailed as an appraisal and does not entail as much work. BPOs differ from Appraisals in a number of ways:
Appraisals typically cost over $300. Most BPOs pay brokers between $50 and $100.
Appraisals require detailed square footage measurements. BPOs rely on county assessors' recorded measurements.
Appraisals use a standard format recognized and used by lenders and mortgage professionals for precise property valuations. BPO's are prepared in different formats and are used simply as decision making tools for asset managers of each bank.
Appraisals are typically 15-20 pages long with detailed information on each aspect of a property. BPO's are usually 2 pages long with information pertaining only to a final selling price."
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com/
http://www.forestlakesliving.com/
http://www.charlottesvillevarealestate.blogspot.com/
http://www.charlottesvilleshortsale.com/
http://www.theaverygroup.com/
What is a Broker Price Opinions - BPO?
Why Banks Need Broker Price Opinions - BPOs: "When a bank or asset manager obtains a new foreclosed listing to sell, they immediately need to know the home's value. Typically a bank will assign one to three agents to evaluate the approximate selling value of a home. These banks expect each agent to submit three comparable sold listings and three comparable active listings as well as an estimate of what the agent thinks the home will sell for.
A Broker Price Opinion is not as detailed as an appraisal and does not entail as much work. BPOs differ from Appraisals in a number of ways:
Appraisals typically cost over $300. Most BPOs pay brokers between $50 and $100.
Appraisals require detailed square footage measurements. BPOs rely on county assessors' recorded measurements.
Appraisals use a standard format recognized and used by lenders and mortgage professionals for precise property valuations. BPO's are prepared in different formats and are used simply as decision making tools for asset managers of each bank.
Appraisals are typically 15-20 pages long with detailed information on each aspect of a property. BPO's are usually 2 pages long with information pertaining only to a final selling price."
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com/
http://www.forestlakesliving.com/
http://www.charlottesvillevarealestate.blogspot.com/
http://www.charlottesvilleshortsale.com/
http://www.theaverygroup.com/
A Broker Price Opinion is not as detailed as an appraisal and does not entail as much work. BPOs differ from Appraisals in a number of ways:
Appraisals typically cost over $300. Most BPOs pay brokers between $50 and $100.
Appraisals require detailed square footage measurements. BPOs rely on county assessors' recorded measurements.
Appraisals use a standard format recognized and used by lenders and mortgage professionals for precise property valuations. BPO's are prepared in different formats and are used simply as decision making tools for asset managers of each bank.
Appraisals are typically 15-20 pages long with detailed information on each aspect of a property. BPO's are usually 2 pages long with information pertaining only to a final selling price."
Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com/
http://www.forestlakesliving.com/
http://www.charlottesvillevarealestate.blogspot.com/
http://www.charlottesvilleshortsale.com/
http://www.theaverygroup.com/
Thursday, June 25, 2009
Freddie Mac REO Homes in Charlottesville 6/25/2009
--------------------------------------------------------------------------------
Property Status: LISTED (available for sale now)
Zip Code: 22902Loan: 328861340 Address: 194 BROOKWOOD DR, CHARLOTTESVILLE, VA Rooms: 11 Bed: 3 Bath: 2.5 Price: 334,900.00 Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22911Loan: 285164546 Address: 1075 WEYBRIDGE COURT 206, CHARLOTTESVILLE, VA Rooms: 3 Bed: 1 Bath: 1.0 Price: 159,900.00 Offered By: REAL ESTATE III INC (434) 817-9700
--------------------------------------------------------------------------------
Property Status: NOT LISTED (coming soon to the market; please contact listing broker for more information)
Zip Code: 22903Loan: 362483078 Address: 308 6TH ST SW APT A, CHARLOTTESVILLE, VA Rooms: 8 Bed: 4 Bath: 3.0 Price: 0.00 Offered By: LONG & FOSTER RE (703) 877-7836
Rob Alley, Realtor of The Avery Group at Roy Wheeler
540-250-3275 (cell)
roballey@roywheeler.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
Property Status: LISTED (available for sale now)
Zip Code: 22902Loan: 328861340 Address: 194 BROOKWOOD DR, CHARLOTTESVILLE, VA Rooms: 11 Bed: 3 Bath: 2.5 Price: 334,900.00 Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22911Loan: 285164546 Address: 1075 WEYBRIDGE COURT 206, CHARLOTTESVILLE, VA Rooms: 3 Bed: 1 Bath: 1.0 Price: 159,900.00 Offered By: REAL ESTATE III INC (434) 817-9700
--------------------------------------------------------------------------------
Property Status: NOT LISTED (coming soon to the market; please contact listing broker for more information)
Zip Code: 22903Loan: 362483078 Address: 308 6TH ST SW APT A, CHARLOTTESVILLE, VA Rooms: 8 Bed: 4 Bath: 3.0 Price: 0.00 Offered By: LONG & FOSTER RE (703) 877-7836
Rob Alley, Realtor of The Avery Group at Roy Wheeler
540-250-3275 (cell)
roballey@roywheeler.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
Freddie Mac REO Homes in Charlottesville 6/25/2009
--------------------------------------------------------------------------------
Property Status: LISTED (available for sale now)
Zip Code: 22902Loan: 328861340 Address: 194 BROOKWOOD DR, CHARLOTTESVILLE, VA Rooms: 11 Bed: 3 Bath: 2.5 Price: 334,900.00 Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22911Loan: 285164546 Address: 1075 WEYBRIDGE COURT 206, CHARLOTTESVILLE, VA Rooms: 3 Bed: 1 Bath: 1.0 Price: 159,900.00 Offered By: REAL ESTATE III INC (434) 817-9700
--------------------------------------------------------------------------------
Property Status: NOT LISTED (coming soon to the market; please contact listing broker for more information)
Zip Code: 22903Loan: 362483078 Address: 308 6TH ST SW APT A, CHARLOTTESVILLE, VA Rooms: 8 Bed: 4 Bath: 3.0 Price: 0.00 Offered By: LONG & FOSTER RE (703) 877-7836
Rob Alley, Realtor of The Avery Group at Roy Wheeler
540-250-3275 (cell)
roballey@roywheeler.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
Property Status: LISTED (available for sale now)
Zip Code: 22902Loan: 328861340 Address: 194 BROOKWOOD DR, CHARLOTTESVILLE, VA Rooms: 11 Bed: 3 Bath: 2.5 Price: 334,900.00 Offered By: LONG & FOSTER RE (703) 877-7836
Zip Code: 22911Loan: 285164546 Address: 1075 WEYBRIDGE COURT 206, CHARLOTTESVILLE, VA Rooms: 3 Bed: 1 Bath: 1.0 Price: 159,900.00 Offered By: REAL ESTATE III INC (434) 817-9700
--------------------------------------------------------------------------------
Property Status: NOT LISTED (coming soon to the market; please contact listing broker for more information)
Zip Code: 22903Loan: 362483078 Address: 308 6TH ST SW APT A, CHARLOTTESVILLE, VA Rooms: 8 Bed: 4 Bath: 3.0 Price: 0.00 Offered By: LONG & FOSTER RE (703) 877-7836
Rob Alley, Realtor of The Avery Group at Roy Wheeler
540-250-3275 (cell)
roballey@roywheeler.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
Tuesday, May 19, 2009
Bank Bulk REO Sales
I’ve seen quite a bit of email and postings about bulk bank REO sales and most of it, in my opinion, is wishful thinking and promotional rather than being based on actual portfolios available. An interesting article from the North County Times (hat tip Calculated Risk) talks about one property as part of a bulk sale:
For example, a unit of Citigroup, the troubled financial giant, sold a foreclosure in Temecula to an Arizona investment firm for $139,000 when comparable homes in the area were selling for $240,000 to $260,000.
The firm listed the home for $249,000, received multiple offers and the property has entered escrow, said Amber Schlieder, the real estate agent who handled the listing.
CR Capital was the firm that flipped the Temecula foreclosure property, an investment group based in Tucson, Ariz. Calls to CR Capital were not immediately returned.
The group typically purchases 200 to 350 foreclosures at a time from banks for $50 million to $100 million, said Schlieder, a Riverside real estate agent. Schlieder said her business has turned entirely to representing such foreclosure resales for bulk investors.
While the numbers seem rather amazing, and it doesn’t seem to make a lot of sense from the banks perspective, it doesn’t seem too out of line to me. A portfolio of 300+- foreclosed properties will have some properties with very good profit margins, some properties will be breakeven and some will be lucky to breakeven. That’s why a portfolio is sold in bulk, and at a discount to the face value of the notes/property. Cash now almost always gets a discount.
If my memory is correct, the last major downturn had distressed portfolio purchasers paying something around 65% of face value, so this really isn’t a new phenomenon.
Rob Alley, Realtor of The Avery Group at Roy Wheeler
540-250-3275 (cell)
roballey@roywheeler.com
http://www.robsellscharlottesville.com/
http://www.forestlakesliving.com/
http://www.charlottesvillevarealestate.blogspot.com/
http://www.charlottesvilleshortsale.com/
For example, a unit of Citigroup, the troubled financial giant, sold a foreclosure in Temecula to an Arizona investment firm for $139,000 when comparable homes in the area were selling for $240,000 to $260,000.
The firm listed the home for $249,000, received multiple offers and the property has entered escrow, said Amber Schlieder, the real estate agent who handled the listing.
CR Capital was the firm that flipped the Temecula foreclosure property, an investment group based in Tucson, Ariz. Calls to CR Capital were not immediately returned.
The group typically purchases 200 to 350 foreclosures at a time from banks for $50 million to $100 million, said Schlieder, a Riverside real estate agent. Schlieder said her business has turned entirely to representing such foreclosure resales for bulk investors.
While the numbers seem rather amazing, and it doesn’t seem to make a lot of sense from the banks perspective, it doesn’t seem too out of line to me. A portfolio of 300+- foreclosed properties will have some properties with very good profit margins, some properties will be breakeven and some will be lucky to breakeven. That’s why a portfolio is sold in bulk, and at a discount to the face value of the notes/property. Cash now almost always gets a discount.
If my memory is correct, the last major downturn had distressed portfolio purchasers paying something around 65% of face value, so this really isn’t a new phenomenon.
Rob Alley, Realtor of The Avery Group at Roy Wheeler
540-250-3275 (cell)
roballey@roywheeler.com
http://www.robsellscharlottesville.com/
http://www.forestlakesliving.com/
http://www.charlottesvillevarealestate.blogspot.com/
http://www.charlottesvilleshortsale.com/
Bank Bulk REO Sales
I’ve seen quite a bit of email and postings about bulk bank REO sales and most of it, in my opinion, is wishful thinking and promotional rather than being based on actual portfolios available. An interesting article from the North County Times (hat tip Calculated Risk) talks about one property as part of a bulk sale:
For example, a unit of Citigroup, the troubled financial giant, sold a foreclosure in Temecula to an Arizona investment firm for $139,000 when comparable homes in the area were selling for $240,000 to $260,000.
The firm listed the home for $249,000, received multiple offers and the property has entered escrow, said Amber Schlieder, the real estate agent who handled the listing.
CR Capital was the firm that flipped the Temecula foreclosure property, an investment group based in Tucson, Ariz. Calls to CR Capital were not immediately returned.
The group typically purchases 200 to 350 foreclosures at a time from banks for $50 million to $100 million, said Schlieder, a Riverside real estate agent. Schlieder said her business has turned entirely to representing such foreclosure resales for bulk investors.
While the numbers seem rather amazing, and it doesn’t seem to make a lot of sense from the banks perspective, it doesn’t seem too out of line to me. A portfolio of 300+- foreclosed properties will have some properties with very good profit margins, some properties will be breakeven and some will be lucky to breakeven. That’s why a portfolio is sold in bulk, and at a discount to the face value of the notes/property. Cash now almost always gets a discount.
If my memory is correct, the last major downturn had distressed portfolio purchasers paying something around 65% of face value, so this really isn’t a new phenomenon.
Rob Alley, Realtor of The Avery Group at Roy Wheeler
540-250-3275 (cell)
roballey@roywheeler.com
http://www.robsellscharlottesville.com/
http://www.forestlakesliving.com/
http://www.charlottesvillevarealestate.blogspot.com/
http://www.charlottesvilleshortsale.com/
For example, a unit of Citigroup, the troubled financial giant, sold a foreclosure in Temecula to an Arizona investment firm for $139,000 when comparable homes in the area were selling for $240,000 to $260,000.
The firm listed the home for $249,000, received multiple offers and the property has entered escrow, said Amber Schlieder, the real estate agent who handled the listing.
CR Capital was the firm that flipped the Temecula foreclosure property, an investment group based in Tucson, Ariz. Calls to CR Capital were not immediately returned.
The group typically purchases 200 to 350 foreclosures at a time from banks for $50 million to $100 million, said Schlieder, a Riverside real estate agent. Schlieder said her business has turned entirely to representing such foreclosure resales for bulk investors.
While the numbers seem rather amazing, and it doesn’t seem to make a lot of sense from the banks perspective, it doesn’t seem too out of line to me. A portfolio of 300+- foreclosed properties will have some properties with very good profit margins, some properties will be breakeven and some will be lucky to breakeven. That’s why a portfolio is sold in bulk, and at a discount to the face value of the notes/property. Cash now almost always gets a discount.
If my memory is correct, the last major downturn had distressed portfolio purchasers paying something around 65% of face value, so this really isn’t a new phenomenon.
Rob Alley, Realtor of The Avery Group at Roy Wheeler
540-250-3275 (cell)
roballey@roywheeler.com
http://www.robsellscharlottesville.com/
http://www.forestlakesliving.com/
http://www.charlottesvillevarealestate.blogspot.com/
http://www.charlottesvilleshortsale.com/
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