Friday Foreclosure Report February 19th

Dated: February 20 2016

Views: 813

Here's your Northern KY Foreclosure Week In Review --

As of close of business on Friday, February 19th, 2016 Northern KY MLS statistics reveal that, over the past 7 days, there were 18 new listings that came on the market, 21 listings went into "Pending" status, and 4 properties "Closed" escrow and were sold.

There are currently a total of 99 properties indicated as "REO" that are available for purchase on the Northern Kentucky MLS system, confirming that Inventory of "distressed" properties continues to dwindle. At the current pace --147 sales of REO properties over the previous 3 months (11/21/2015 thru 2/19/2016) -- there remains just over 2 months Housing Supply of REO in the Northern Kentucky market!!  Average Cumulative Days On Market is 65. Average List Price is $83,795 (the Median List Price is $79,900). The least expensive REO home for sale is currently located in Covington, KY and is priced at $10,000, while the most expensive remains the property in Owenton, KY listed at $525,000!

Our PICK OF THE WEEK this time is a 3 bedroom, 2.5 bath home located in Walton, KY, and is currently offered for sale at $142,200. The property is owned by HUD and is eligible for the $100 Down Payment program.  This property is located within an eligible area where the USDA Zero Downpayment Program may be used as well.  It's a great deal, with great financing options. What's stopping you from calling this place home?

Click on any picture in this report to see more information/pictures about each of these properties.  If no picture is present, it means that particular property is no longer available! 

To SEARCH for Northern KY properties while you're on the go, use my FREE mobile app.  To download the app TEXT 'terry' to 859-780-5527. 


579 Rosebud  Walton, KY 41094
CLICK HERE, or on the picture for Details.


{mls: 451950}
{mls: 452166}
{mls: 452112}
{mls: 452162}
{mls: 452183}
{mls: 452216}
{mls: 452223}
{mls: 451948}
{mls: 452115}
{mls: 452117}
{mls: 452189}
{mls: 452134}
{mls: 451934}
{mls: 452090}
{mls: 452118}
{mls: 452105}
{mls: 451846}
{mls: 452126}


911 West 33rd Street  Covington, KY911 W 33rd Street  Covington, KY
9 Days On Market
$20,275 -- 136.07% (SP to LP Ratio)
Seller: Wells Fargo
664 Sipple Drive  Covington, KY664 Sipple Drive  Covington, KY
5 Days On Market
$76,101 -- 104.25% (SP to LP Ratio)
Seller: HUD
118 Lawrence Lane  Florence, KY118 Lawrence Drive  Florence, KY
89 Days On Market
$96,500 -- 93.69% (SP to LP Ratio)
Seller: HUD
6227 Parker Lane, Mayslick KY6227 Parker Lane  Mayslick, KY
19 Days On Market
$98,000 -- 93.33% (SP to LP Ratio)
Seller: HUD


{mls: 451775}
{mls: 438557}
11 Days On Market
Seller: HUD
416 Days On Market
Seller: WBI Assets, LLC

Northern Kentucky Foreclosure Deals

Terry Eibeck and Regional Realty specialize in REO Real Estate. We have the tools, time, staff and market experience to provide you with professional results!.  To see any property listed for sale throughout Northern KY, Lexington-Bluegrass and Greater Louisville MLS give us a call at (859) 620-7653. Visit us on the web at

To search all properties for sale in the Northern KY MLS download my free app by texting 'terry' to 859-780-5527

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Featured properties may not be listed by the office/agent presenting this brochure.  Information has not been verified, is not guaranteed and is subject to change.  The data relating to real estate for sale on this report comes in part from the Internet Data Exchange program of Northern Kentucky MLS. 

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Terry Eibeck

Terry is the Principal Broker at Regional Realty. He is a motivated Realtor specializing with investors and new home buyers located in the following areas; Alexandria, Ft. Thomas, Ft. Mitchell, Indepe....

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