Purchasing a foreclosed property can be a great investment for numerous reasons. The biggest benefit is that you are purchasing a distressed property that has to be sold because of an unfortunate financial situation. This should result in a below market price purchasing opportunity.
Fortunately, our area has not been nearly as hard hit with foreclosures as some parts of the country. However, there are still quite a few available foreclosed properties in Bryan and College Station. I have listed below the current properties for which information has been released this month.
1725 Harvey Mitchell CS $154,900.00
1301 Columbus Ave Bryan $58,900.00
17321-25 Cedar Rock CS $169,900.00
909 Navidad St Bryan $58,900.00
1264 Matthew’s Way Bryan $14,900.00
20 Post Oak Dr Bryan $89,900.00
937 Navidad st Bryan $59,900.00
611 E 29th St Bryan $217,000.00
1400 27th E Bryan $108,000.00
As with any major purchase, you need to do your homework; many times if the person who owned the home was foreclosed on because of not being able to make their mortgage payments, there may be other debts (such as property taxes) that will need to be considered. Call me to view these properties, find out more information about them, or to make an offer on one.
Clay Lee – Realtor
Century 21 Beal, Inc.
Timeless Service, Quality, and Experience Guaranteed