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Property Q&A in 27612 : Real Estate Advice

  • All16
  • Local Info0
  • Home Buying4
  • Home Selling3
  • Market Conditions2

Activity 3
kshanahan, Home Buyer in Raleigh, NC
Wed Apr 15, 2015
kshanahan asked:
I am looking for quantitative research around this question. i.e. affordability, quality of schools, community activites etc.
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Travis Pipkin, Renter in Raleigh, NC
Sat Aug 23, 2014
Travis Pipkin asked:
This question was asked from this property:
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Mike Jaquish, Real Estate Pro in Cary, NC
Sat Jan 10, 2009
Mike Jaquish answered:
There is one bank-owned home in Glenwood North, 4845 Sir Duncan Way.
It was foreclosed on 12/3/2008, and is owned by Bank of America.
I do not know if it is thespecific property you have asked about.

The bank's REO cleerk will probably not talk to you, as banks use a listing agent to sell their REO properties and communicating only through that agent.

While BOA paid $127,500 at the courthouse for the property at 4845 Sir Duncan Way, market price in Glenwood North for 1392 SF units is about $167,000--$172,000 based on recent sales.
I would expect a resale price within 90-95 percent of recent market price.
Currently there are 5 Glenwood North units listed between $168,500 and $175,000
... more
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