Where can I find out how much foreclosed properties are selling for?

Asked by Sandy M, Maryville, TN Thu Sep 16, 2010

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Bob Evridge, , Knoxville, TN
Thu Sep 16, 2010
Hi Sandy,

I guess I would have to ask a couple of questions...Are you talking about a particular property or just an average of what they go for?

If you want to know about a particular property and what it sold for you can go to http://www.kgis.org and look it up there if it is in Knoxville. If it is in Blount County you can check http://www.assessment.state.tn.us/SelectCounty.asp?map=true&… .

If you are looking for some kind of average then you might want to check with your friendly neighborhood real estate agent to see if they can help you.

Hope this helps.

Bob Evridge
"Dream Facilitator"
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Graduate Realtor® Institute
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310 Forest Park Blvd
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KnoxCastles.com
Web Reference:  http://knoxcastles.com
0 votes
David Jaffe, Agent, Arlington Heights, IL
Thu Sep 16, 2010
Hi Sandy,

Your Realtor can look up the information for you, especially if the property is listed in the Multiple Listing Service. If the Bank Owned Property sells at auction or before it is listed, you can check with the Office of Recorder of Deeds to get the information.

Best of luck...
David
0 votes
Shane Powell, Agent, Brentwood, TN
Thu Sep 16, 2010
Hello Sandy,

The best way is to talk to a local real estate professional as they can pull comps for the local HUD, and distressed sales in your area. Other than that you are taking a shot in the dark unless you have an inside contact at a bank, and they may not know either. You could also contact the local real estate board to see what their numbers show. The online gimmicks are not accurate and zillow doesn't specify if it is a distressed sale and most of the time is inaccurate.

Good luck,

Shane
Web Reference:  http://www.shanepowell.com
0 votes
Andrew Pacil…, Agent, Lenoir City, TN
Thu Sep 16, 2010
Hello Sandy M,
Each property information Brief should be available to view. Depending on which Bank, Assets Company, or Realtor has it on the market will effect where you might find the information. If you can give me the address of each property I will help you obtain more information on each property. Thanks for your Inquiry.

Andrew Pacillo
Realtor Affiliate Broker Century 21
Lenoir City Tennessee
apacillo@bellsouth.net
0 votes
Cathy Catale…, Agent, staten island, NY
Thu Sep 16, 2010
Sandy,
There are different types of homes to purchase at a "great value". Foreclosure is only one. There are short sales, pre foreclosures and also bank owned. If you would like some information on what the differences you can read some of my blogs.
Good luck on your search.

Cathy Cataletto
Certfied Short Sale Agent
Web Reference:  http://cathycataletto.com
0 votes
Chris Mannino, Agent, Nashville, TN
Thu Sep 16, 2010
Where are you looking sandy? I'll be happy to provide you with that information.
0 votes
Bill Eckler, Agent, Venice, FL
Thu Sep 16, 2010
Hi Sanyy,

Probably your best bet is to find a local real estate professional that appears to be actively involved with this portion of distressed sales. This post may present you with some alternatives...if not, consider picking up several real estate magazines to use a resources for this information.

Good luck,

Bill
0 votes
Karen Wisne, Agent, Westerville, OH
Thu Sep 16, 2010
Well, of course your Realtor can tell you. Most foreclosed homes are listed with a Realtor (through the bank), so your Buyers Agent will have access to them on the MLS. But another good place is the government website http://www.hud.gov. Look for the link on buying homes and you'll find some good information there.
0 votes
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