Search results matching tags 'reo' and 'Real Estate'

2 Story For Sale in Sandpoint

462026 — Tue, 11 Sep 2012 00:51:00 GMT

[photo:listing:57999436]
Waterfront Condo

• 755 sq. ft., 1 bath, 2 bdrm 2 story "Condo on 2nd Level" - MLS® $159,000 - Just Reduced

Sandpoint, Sandpoint - Waterfront condo located right in town, just blocks from the hospital, shopping and services. Just in time to enjoy your private boat slip this summer! New interior paint. The location of this condo is ideally close to amenities. 2 bedroom, 1 bath with big water views.

Park your boat at the private dock, picnic on the shore, enjoy sunrises on your deck overlooking Sand Creek. Canoe or boat into the big Lake Pend Oreille. Enjoy the good life.

Available for summer rentals, weekly or monthly. A perfect place to stay for summer fun and winter sking

Property information

Banks with a heart?

462026 — Thu, 12 Apr 2012 04:54:00 GMT

A few weeks ago, Bank of America initiated a pilot program allowing homeowners facing foreclosure to remain in their homes as renters. There are important reasons why area homeowners should be interested in the success or failure of BoA’s approach.

First, a note about the term “bank owned homes”. It’s not technically correct to say that there has been some huge rise in the number of them, because “bank owned homes” actually describes every home with a mortgage. The mortgage holder always technically "owns" the property, even when the homeowner retains title. However, what is true is that over the last four years, many homeowners learned the hard way just what it means to face the reality of your home being owned by someone else.

Enter Bank of America. Their press release quotes Ron Sturzenegger, a Legacy Asset Servicing executive with the Bank: "Our priority is designing a solution that helps our customer." Although we might be justifiably skeptical of this as BoA’s sole motive, allowing homeowners to remain as renters in bank owned homes is hardly just a PR move.

The program certainly makes bottom-line financial sense for a whole host of parties, including local homeowners who have no difficulty meeting their own mortgage payments.

Under the program, a former homeowner who qualified would be able to continue working and contributing to the economy without the costs, loss of time, and anxiety involved in moving. For all property owners, the ultimate effect is to keep the market from being flooded with distress sales. Every neighborhood would benefit if home values stabilize.

Under the pilot model, bank owned homes convert to investor ownership in a much smoother transition than the foreclosure/short sale model. Instead of the lender being left with an empty property generating zero revenue in the interim, former homeowners simply become renters, making it easier for them to get back on their feet financially.

In my opinion, any move or policy that helps more people stay in homes is a policy worth discussing. BoA’s program is only in a limited test stage, but here in Sandpoint we can hope that it will prove to have multiple beneficiaries: banks, investors, agents, homeowners and neighbors. Everyone benefits when his or her neighborhood’s real estate market is healthy!

Have a question about real estate in our area? Feel free to contact me anytime with questions. I represent local buyers and sellers, and have specialized in foreclosure properties for over 10 years am always available to chat about your own plans.

ang

208-263-4540

www.inwrealty.com

Price Reduced on 12628 N Avondale Loop in Hayden Lake Area

462026 — Wed, 19 Oct 2011 22:25:00 GMT

Hayden Lake Area, Hayden - Announcing a price reduction on 12628 N Avondale Loop, a 3,274 sq. ft., 3 bath, 4 bdrm single story. Now MLS® $201,700 - Make an offer.

Property information

Price Reduced on 97 Marie Victoria Court in Sandpoint

462026 — Sat, 31 Oct 2009 16:06:00 GMT

Sandpoint, Bonner County - Announcing a price reduction on 97 Marie Victoria Court, a 4,500 sq. ft., 4 bath, 4 bdrm 2 story "Very unique style". Now MLS® $564,000 - A Great Deal!!!!.

Property information

Hello from North Idaho

462026 — Thu, 19 Apr 2007 03:46:00 GMT

I wanted to introduce myself and say I am really starting to like this point2website it has so much to offer. I have successfully been bringing buyers and sellers together for over 15 years. I have a Broker's license in Montana, Washington and Idaho. I now specialize mostly in investment properties and REO properties handling short sales, foreclosure and pre-foreclosure properties. I also have the best team in the whole area working with me and they handle all of our high end residential properties. In the office we call these guys the “Inland Boys” Hope to meet some of you soon………. ang-