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Temecula Bank Owned Homes for Sale Friday Finds 6-26-2009 | Temecula California Real Estate Information

Temecula Bank Owned Homes for Sale Friday Finds 6-26-2009

Welcome back to another great weekly update of Friday Finds!

This past week just like last week was a very busy week for new bank owned listing to come on the market.

This week alone there has been 26 brand new bank listings within the great city of Temecula. A very surprising thing this week is that only 3 out of the 26 properties have accepted offers within their first 7 days on the market.

Temecula’s bank owned market for this week ranged in price from $99,900 for a house that needs at least $40,000 in repairs all the way upwards to a brand new in 2007 home listed at $423,900.

With such a large amount of new inventory it was slightly more difficult to pick 1 property as the Friday Find but it had to be done and I think this week it one that is not necessarily a steal and definitely not priced under market either.

Even though this home is not listed truly as the lowest priced one within the past several months it is still a good buy based on the the upgrade counters, tile floor and centrally located in the Harveston Community within Temecula.

Lock Haven Ct - Temecula Bank Owned Home

Lock Haven Ct - Temecula Bank Owned Home

This particular property is listed for $234,900 which puts it at a mere $109.41 per square foot and the most recent comparable based on location and size sold for $230,000 however more recently a slightly bigger home sold for as much as $265,000 which makes me have mixed emotions on whether it is a good value or just an okay value.

If you would like your own custom list of properties delivered to your email it would be my pleasure to help! Just drop me an email or phone call.

Thanks for reading and 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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