WinstonSalemNCForeclosures.com

If you ever pick up the newspaper or watch TV, you obviously know there is a plethora of foreclosures on the market currently.  With a flood of foreclosed homes, it drags down prices in any given market.  The more foreclosures there are in a market, the more likely that prices will fall or continue to fall.  This is also one of the causes for a “Buyer’s Market.”  In a market, where there are many bank owned properties, it is important as a buyer to know the secret tips to buying a foreclosure.  I recently wrote an article on How To Buy A Foreclosure that was submitted to Squidoo.  See the link below.

 http://www.squidoo.com/winstonsalemforec…

This is a great bank owned home with a large and open floor plan.  The foreclosure is a 4 bedroom 2 1/2 bath home built in 2001 with 2800′-3400′ square feet.  It needs paint, carpet and a small area of the hard wood floor replaced in the kitchen.  As foreclosures go, it is in very good condition.  The property is very convenient to shopping, schools and other amenities.  The home is priced near tax value at $296,900 and as always, negotiable.  If you are looking for Kernersville Real Estate, call Tony to see this foreclosure listing today.

This property is for sale again. The list price is $214,900. The estimated repairs are $15k-$20k with an after repair value of $270,000. This could be a killer deal for someone looking for a fixer upper in Buena Vista, one of the best neighborhoods in Winston Salem, NC. It has great bones and just needs a little updating. Call Tony at 336-287-4423 to see this Winston Salem foreclosure listing. (See picture in previous post - Additional pictures available by request.)

Here is a 3 bedroom, 1 bath home at 1501 S. HOLDEN RD. in Greensboro, NC that is listed for $74,900.  The square footage is approximately 1252′.  This foreclosure needs some work, but is very convenient to I-40, shopping at Four Seasons Mall, and has commercial potential.  The home was built in 1949, sits on .23 acre and has a tax value of $78,300.  The estimated repairs are $15k - $20k with an after repair value of $111,000.  Call Tony at 336-287-4423 to see this piece of Greensboro real estate.

This property is under contract and not available to make an offer.

This property (see photo on prior post) has been reduced again. The price of this 4 bedroom 3 bath home in Winston Salem has been lowered to $214,900. Looks like the bank is ready to deal on this piece of real estate. Call us if you would like to view it or make an offer.

This home is now on the market. The property is a 3 bedroom, 1 bath with approximately 1450′. It was built in 1932 and sits on .20 of an acre. It is currently zoned Rs9. As with most foreclosures, it needs a little TLC. Call Tony or Joel to find out more.

This home also has a 1 car detached garage & storage building.

This new foreclosure listing is in the quiet Friedland Estates neighborhood. It is a 3 bedroom, 2.1 bathrooms with over 1800′ sitting on 1.28 acres. Call Tony or Joel to see this property.

This property is now under contract.

Live in lovely Buena Vista! This 4 bedroom, 3 bath foreclosure has just been reduced to $229,900. The home was built in 1953, sits on .33 of an acre and has a tax value of $245,999. Total heated square feet is 1900-2300. The house has some updates, but needs a little TLC. Call Tony at 336-287-4423 to find out more.