Posts tagged as:

bank-owned

BANK-OWNED / REO: 3BD, 2BA, 45553 FAIRBANKS AVE LANCASTER, CA

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Description
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Market Stats

$129,000

Single Family Home
For Sale

Main Features

3 Bedrooms
2 Bathrooms
Interior: 1155 sqft
Lot: 7,092 sqft

Location

45553 Fairbanks Ave
Lancaster, CA 93534

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BANK-OWNED / REO: 7BD, 2BA, TEHACHAPI, CA – $189,900

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Features
Description
Neighborhood
Market Stats

$189,900

Single Family Home
For Sale

Main Features

7 Bedrooms
2 Bathrooms
1 Partial Bathroom
Interior: 2688 sqft
Lot: 2.55 acre(s)

Location

23520 Engelbert Ct
Tehachapi, CA 93561

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BANK-OWNED / REO: 7BD, 2BA, TEHACHAPI, CA – $189,900
BANK-OWNED / REO: 1751 MESA DR, LANCASTER, CA – 3BD, 3BA

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BANK-OWNED / REO: 1751 MESA DR, LANCASTER, CA – 3BD, 3BA

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Description
Market Stats

$125,000

Single Family Home
For Sale

Main Features

3 Bedrooms
3 Bathrooms
Interior: 1913 sqft
Lot: 5,712 sqft

Location

1751 Mesa Dr
Lancaster, CA 93535

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Photo of a Gavel

The process of buying a bank-owned (REO) property can be stressful on buyers here in the Palmdale / Lancaster area. During a time in which most foreclosure buyers think that they should have all the control – Hey, it’s a Buyer’s Market, right?! – when they actually get into the process of negotiating an offer on the home they’ve decided on they realize that they don’t have as much power as they thought …

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If you don’t get the reference to the elephant, please take a sec to go read my last post. Go ahead, I’ll wait … Got it? Okay!

So I did some quick research and found that according to RealtyTrac the Notice of Default filings (NODs) in Palmdale and Lancaster has been rising steadily since January. Yes, the elephant is now going to whack the ignorant upside the head!

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Yes, as reported by the AV Press today, home sales in the Antelope Valley (Palmdale / Lancaster, CA) are way WAY up from last year … here’s the numbers released by the Greater Antelope Valley Association of REALTORS:

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