Friday Foreclosure Report February 26th

Dated: 02/27/2016

Views: 404

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


As of close of business on Friday, February 26th, 2016 Northern KY MLS statistics reveal that, over the past 7 days, there were 18 new listings that came on the market, 15 listings went into "Pending" status, and 8 properties "Closed" escrow and were sold.


The net result of this week's market activity was an increase in available foreclosure properties on the market to a current level of 104 (up from 99 last week).  Average Cumulative Days On Market remains steady at 64 days (down from last week's reported 65 days).  Average List Price is $83,395, while the Median List Price is $72,050 -- Both down just slightly from last week. The least expensive REO home for sale once again this week is 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 5 bedroom, 3 bath home located in Independence, KY, and is currently offered for sale at $129,900.  This home is located within the Old Kentucky Home subdivision off of Walton-Nicholson Road and in situated on just over a half acre lot within a cul-de-sac street.  The back yard has HUGE, mature trees and backs up to wooded acreage.  You can see neighbors to each side of you (and of course, out the front door) but if you happen to be looking for a home that features a country-like feeling while offering the conveniences of a suburban location, you should take a look at this one.  By the way -- You might be interested to know that this home is in an area where a Special Program Offers Zero Down Home Loans On Eligible Properties In Independence Kentucky


Act quickly, because this home is a winner and it won't be on the market very long!!


REMEMBER:  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. 


PICK OF THE WEEK

{mls: 452237}



NEW LISTINGS

{mls: 452349}
{mls: 452152}
{mls: 452367}
{mls: 452321}
{mls: 452290}
{mls: 452241}
{mls: 452320}
{mls: 452334}
{mls: 452301}
{mls: 452030}
{mls: 452383}
{mls: 451902}
{mls: 452307}
{mls: 452426}
{mls: 452153}
{mls: 452425}
{mls: 452237}
{mls: 452322}

SOLD THIS WEEK


Image title5228 Asbury Road  Augusta, KY
167 Days On Market
$31,500 -- 92.65% (SP to LP Ratio)
Financing: Cash
Seller: HUD

Image title462 W Third St, Maysville, KY
217 Days On Market
$34,000 -- 52.93% (SP to LP Ratio)
Financing: Cash
Seller: HUD
Image title151 Derby Dr, Crittenden, KY
18 Days On Mkt
A$39,000 -- 90.70% (SP to LP Ratio)
Seller: HUD
Image title31 Delta Ave, Fort Thomas, KY
195 Days On Mkt
$41,900 -- 100.96% (SP to LP Ratio)
Seller: HUD
Image title3 Drexel Ave, Florence, KY
17 Days On Mkt

$43,100 -- 100.23 (SP to LP Ratio)
Seller: HUD
Image title192 Frogtown Rd, Union, KY
45 Days On Mkt
$45,000 -- 84.91% (SP to LP Ratio)
Seller: FannieMae
Image title165 Jenna Dr, Verona, KY
116 Days On Mkt
$46,000 -- 83.79% (SP to LP Ratio)
Seller: FreddieMac
Image title3066 Oxford Terrace, Burlington, KY
111 Days On Mkt
$165,375 -- 87.09% (SP to LP Ratio)
Financing: Conventional
Seller: CitiBank
 

LEAST EXPENSIVE / MOST EXPENSIVE



18 Days On Market
$10,000
Seller: HUD
423 Days On Market
$525,000
Seller: WBI Assets, LLC

ACTIVE INVENTORY - BY THE NUMBERS

Who Owns Northern KY Foreclosures

FIRST-TIME HOME BUYER?
As a first-time Home Buyer you probably have lots of questions - especially if you're considering purchasing a home that may need some repairs before you can occupy it.
If that is the case, check out this great blog post that explains 
How To Buy A Home and Finance The Cost Of Repairs Into The Loan

Northern Kentucky Foreclosure DealsTerry Eibeck and Regional Realty specialize in Residential and 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 www.nkyHomeHub.com


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


Image titleFeatured 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. 
Equal Housing Opportunity
At Regional Realty, we are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin. 
Blog author image

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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