The average foreclosed home sells for $182,489, according to RealtyTrac. But not all REOs come cheaper than other homes on the market: A bank-owned penthouse condo overlooking San Francisco’s Art District recently sold for $28 million, making it the priciest condo sale in the city’s history, MSNBC reports.
http://realtormag.realtor.org/daily-news/2011/12/19/not-all-reos-come-cheap-priciest-reo-sold
http://realtormag.realtor.org/daily-news/2011/12/19/not-all-reos-come-cheap-priciest-reo-sold
Shan Saigal
Broker-Referral Realty Silicon Valley
Direct: 408-505-9302 /Dre#00768704
Broker-Referral Realty Silicon Valley
Direct: 408-505-9302 /Dre#00768704
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