Bank Owned Homes in Seville – Prices Like 1999
It is no secret that real estate values in AZ have dropped dramatically, but the fact that most homes in Seville Gilbert have dropped in price as much as 50% – 60% is surprising to most. Just 3 months ago, there were many bank owned homes in Seville and short sales in Seville Golf Community and very few buyers for these homes. It was very common for properties to be on the market, at prices that seemed amazingly low, to be available for years. Then the gates for Seville bank owned homes, Seville foreclosures and Seville short sales.
We literally went from no buyers for these properties to over 31 offers on one recent house. Are property values in Seville Golf and Country Club increasing??? You might think they would be or would be, but the truth is they are not. It might be true that a home in Seville that just sold for $200,000 could easily fetch $215,000 or $225,000 with the right buyer. Almost always, this buyer will need to be a cash buyer!!! Why you may ask??? Well if there is a bank lending money, they will require an appraisal before they lend any money on the home, and the place better appraise for the purchase price.
I want to share a special site with you for Seville Bank Owned Homes. I have access to special map based home search software and I think you will find it very useful. Even if you are not searching for bank owned homes in Seville Golf Community, you can change the search and do a search for just about anything you would like. Let me tell you about a few great features of this map based home search software. First of all, you have access to the full data from the Arizona MLS. Nothing is held back. You have the property address, the taxes, the Home Owners Association, the listing broker, and everything else. You will also find a satellite view function so you can zoom right in on the surrounding area if you like, or see that a specific property backs to power lines or a main road. The map function even incorporates Google Street View… Never seen it, check it out, it is amazing.
The Valley Solutions Team at Solutions Real Estate also have many websites dedicated to Seville Golf Community Real Estate. As usual, we hope our friends and clients find this resource helpful and informative.
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