Bank owned homes are still a big draw to the first time home buyer and the vacation home buyer, and why not the prices are great. We are seeing a few of the agents listing bank owned homes are not correctly marking their listings as bank owned, so it is difficult to provide the list I generally provide.
Your Bank Owned List for La Pine Oregon this list shows the 13 homes correctly marked as bank owned homes. I am familiar with a few others that are on the market and are owned by banks that are not correctly marked, so they do not appear on the list.
As a buyer you need to know that there are several other homes in La Pine that may be of interest to you. There are currently 276 active residential listings in La Pine, of those 140 of them are currently listed for $175,000 or less.
Instead of focusing on bank owned properties, I would encourage you to find your price range that suits your needs. Many of the sellers have been able to lower their price to compete with the bank, these homes often time have been and are still loved. If you have been in any of the bank owned properties you know that some of them have been lived in pretty hard and will require a lot of elbow grease or repairs to make them livable again.
When you purchase a home that is owner occupied the pride of ownership is generally visible. Not to mention that when you are dealing with an owner vs a bank you have more power for repairs and negotiation.
La Pine Homes For Sale Under $175,000
To obtain your own personal list that updates prices and home contact me directly.
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