Monday, March 30, 2009

REO / Short Sales in Lincoln Hills!

The Carolan Properties Ad in the April issue of the Sun Senior News centered around the new Short Sale/Bank Owned homes in Lincoln Hills.  Click on the first document above to see the ad.  While Short Sales and Bank Owned homes are more abundant in other surrounding neighborhoods, Lincoln Hills is still fairing well in comparison.  With 143 homes currently on the resale market in Lincoln Hills, only 29 are Short Sales/Bank Owned.  That means only 20 percent of the homes on the market in Lincoln Hills are Short Sales/Bank Owned.  Click on the second document above to see a detailed list of the Short Sales/Bank Owned homes on the market right now.  So far this year 5 Short Sales and 1 Bank Owned have closed escrow in Lincoln Hills.  

Short Sales and Bank Owned homes can be great deals for homebuyers, but the waiting process can be lengthy.  

~ Penny    

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