The Temecula bank owned real estate market had another active listing spree this week, for the third week in a row there has been twenty plus listings enter the market.
This week’s Friday Finds was a lot more difficult to pinpoint and unbury because so many of the properties are priced, higher than the most recent sales and provide no additional benefit or value based on the property itself.
After carefully looking through this week’s entire newest bank owned listings I was able to narrow it down to five semi good properties (based on numbers and a general look), however before we dive into that let me first give you the overall numbers for this week in Temecula.
The market introduced 22 new Temecula bank owned listings this week, 4 of them have been able to accept an offer within the first 7 days leaving the remaining 18 properties for you to pick and choose from.
All REO properties considered, the list prices ranged from $104,900 for a 3 bedroom, 2 baths, home built in 1976 up to a like new 5 bed, 4 bath, built in 2007, listed at $407,000.
Getting back to the Friday Find properties now, like stated earlier there were 5 that I found interesting and needed a closer look.
Temecula Bank Owned Corte Tolosa
As you know from previous weeks, there can only be 1 and after narrowing the five properties down to only two and then finally the pick for this week is a 3 bedroom, 2 bath, 1600 plus square foot, single story home in a very nice community of Paloma Del Sol.
Looking at the pictures this home seems to be in good condition and at a price of only $116.02 per square foot is a great value. The most comparable sales within the past 90 days have ranged from $123.38 per square foot up to $132.81!
By the way, the list price is only $193,050.
Until next time!
God Bless –
Tim Taggett
Serving with Honesty and Integrity!
Building Dreams Through Real Estate!
Temecula: (951) 240-5645
San Diego: (760) 481-3152
Email: RetireEarly@live.com
“All hard work brings a profit, but mere talk leads only to poverty.” - Proverbs 14:23
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