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
Showing posts with label reo. Show all posts
Showing posts with label reo. Show all posts
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
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
Why Banks Need Broker Price Opinions - BPOs
Why Banks Need Broker Price Opinions - BPOs: "Why Do Banks need Broker Price Opinions?
Asset managers and bank personnel make decisions on several properties every day. Reading through a lengthy 20 page appraisal and filtering out the critical information is a waste of their time. These asset managers need concise, financial documents that make their choices easier. That's why BPOs are so critical to their job. In addition, a BPO saves the bank over $200 per property compared with a standard appraisal. That money adds up quickly and saves the bank thousands and thousands of dollars a year.
Another reason BPOs are preferred by banks is that the turnaround time is much quicker than appraisals. BPOs can usually be performed by agents in under 48 hours. Many appraisers visit the property within 48 hours, but then require another day or two to process the information and create the full report."
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/
Asset managers and bank personnel make decisions on several properties every day. Reading through a lengthy 20 page appraisal and filtering out the critical information is a waste of their time. These asset managers need concise, financial documents that make their choices easier. That's why BPOs are so critical to their job. In addition, a BPO saves the bank over $200 per property compared with a standard appraisal. That money adds up quickly and saves the bank thousands and thousands of dollars a year.
Another reason BPOs are preferred by banks is that the turnaround time is much quicker than appraisals. BPOs can usually be performed by agents in under 48 hours. Many appraisers visit the property within 48 hours, but then require another day or two to process the information and create the full report."
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/
Why Banks Need Broker Price Opinions - BPOs
Why Banks Need Broker Price Opinions - BPOs: "Why Do Banks need Broker Price Opinions?
Asset managers and bank personnel make decisions on several properties every day. Reading through a lengthy 20 page appraisal and filtering out the critical information is a waste of their time. These asset managers need concise, financial documents that make their choices easier. That's why BPOs are so critical to their job. In addition, a BPO saves the bank over $200 per property compared with a standard appraisal. That money adds up quickly and saves the bank thousands and thousands of dollars a year.
Another reason BPOs are preferred by banks is that the turnaround time is much quicker than appraisals. BPOs can usually be performed by agents in under 48 hours. Many appraisers visit the property within 48 hours, but then require another day or two to process the information and create the full report."
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/
Asset managers and bank personnel make decisions on several properties every day. Reading through a lengthy 20 page appraisal and filtering out the critical information is a waste of their time. These asset managers need concise, financial documents that make their choices easier. That's why BPOs are so critical to their job. In addition, a BPO saves the bank over $200 per property compared with a standard appraisal. That money adds up quickly and saves the bank thousands and thousands of dollars a year.
Another reason BPOs are preferred by banks is that the turnaround time is much quicker than appraisals. BPOs can usually be performed by agents in under 48 hours. Many appraisers visit the property within 48 hours, but then require another day or two to process the information and create the full report."
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/
Friday, April 10, 2009
Charlottesville REO Properties - Currently Available by Freddie Mac April 10, 2009
Here are the current active Charlottesville REO properties from Freddie Mac:
1.)Loan: 373521804
Address: 100 HARTFORD COURT, CHARLOTTESVILLE, VA
Rooms: 8 Bed: 3 Bath: 2.0
Price: 144,087.00
Offered By: LONG & FOSTER RE
2.)Loan: 328861340
Address: 194 BROOKWOOD DR, CHARLOTTESVILLE, VA
Rooms: 11 Bed: 3 Bath: 2.5
Price: 344,900.00
Offered By: LONG & FOSTER RE
Zip Code: 22963
3.)Loan: 422232033
Address: 860 JEFFERSON DR E, PALMYRA, VA
Rooms: 6 Bed: 4 Bath: 2.0
Price: 131,900.00
Offered By: REAL ESTATE III INC
Rob Alley, Realtor
The Avery Group at Roy Wheeler
540-250-3275
roballey@roywheeler.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.theaverygroup.com
1.)Loan: 373521804
Address: 100 HARTFORD COURT, CHARLOTTESVILLE, VA
Rooms: 8 Bed: 3 Bath: 2.0
Price: 144,087.00
Offered By: LONG & FOSTER RE
2.)Loan: 328861340
Address: 194 BROOKWOOD DR, CHARLOTTESVILLE, VA
Rooms: 11 Bed: 3 Bath: 2.5
Price: 344,900.00
Offered By: LONG & FOSTER RE
Zip Code: 22963
3.)Loan: 422232033
Address: 860 JEFFERSON DR E, PALMYRA, VA
Rooms: 6 Bed: 4 Bath: 2.0
Price: 131,900.00
Offered By: REAL ESTATE III INC
Rob Alley, Realtor
The Avery Group at Roy Wheeler
540-250-3275
roballey@roywheeler.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.theaverygroup.com
Charlottesville REO Properties - Currently Available by Freddie Mac April 10, 2009
Here are the current active Charlottesville REO properties from Freddie Mac:
1.)Loan: 373521804
Address: 100 HARTFORD COURT, CHARLOTTESVILLE, VA
Rooms: 8 Bed: 3 Bath: 2.0
Price: 144,087.00
Offered By: LONG & FOSTER RE
2.)Loan: 328861340
Address: 194 BROOKWOOD DR, CHARLOTTESVILLE, VA
Rooms: 11 Bed: 3 Bath: 2.5
Price: 344,900.00
Offered By: LONG & FOSTER RE
Zip Code: 22963
3.)Loan: 422232033
Address: 860 JEFFERSON DR E, PALMYRA, VA
Rooms: 6 Bed: 4 Bath: 2.0
Price: 131,900.00
Offered By: REAL ESTATE III INC
Rob Alley, Realtor
The Avery Group at Roy Wheeler
540-250-3275
roballey@roywheeler.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.theaverygroup.com
1.)Loan: 373521804
Address: 100 HARTFORD COURT, CHARLOTTESVILLE, VA
Rooms: 8 Bed: 3 Bath: 2.0
Price: 144,087.00
Offered By: LONG & FOSTER RE
2.)Loan: 328861340
Address: 194 BROOKWOOD DR, CHARLOTTESVILLE, VA
Rooms: 11 Bed: 3 Bath: 2.5
Price: 344,900.00
Offered By: LONG & FOSTER RE
Zip Code: 22963
3.)Loan: 422232033
Address: 860 JEFFERSON DR E, PALMYRA, VA
Rooms: 6 Bed: 4 Bath: 2.0
Price: 131,900.00
Offered By: REAL ESTATE III INC
Rob Alley, Realtor
The Avery Group at Roy Wheeler
540-250-3275
roballey@roywheeler.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.theaverygroup.com
Subscribe to:
Posts (Atom)