Monday, December 27, 2010

Dyersburg Foreclosure Reduced for Quick Sale

My friend Mr. Cooper has the house at 915 Moody Drive listed for US Bank. The original price was $53,900 but they just reduced it to $45,000.

This is a 3 bedroom 1 bath brick home was purchased for $65,000 in December of 1997. The courthouse has this house accessed at $73,700.

If you would like to view this house and then purchase it, give me a call or text at 731-589-7841.

Thursday, December 23, 2010

New Hud foreclosure Near Dyersburg

Looking on my newest Hud link over on the right(Hud Homestore) I see a new Hud foreclosure near Dyersburg. Actually the house is in the Bogota community. The address is 29 Highway 103 Bogota, Tn 38007.

Hud acquired the property back in Aug for $96,129 and the courthouse has a value of $76,200 on the property. The previous owner(before Hud) purchased the property in November 2008 for $88,000.

Hud has this property on the market for $48,200 and it is a 3 br 2ba brick. Here is a link to the listing. I am a Hud registered broker so can show you the house and present your bid/offer.

For the next 8 days they will only open bids from people who plan to live in the property.

Wednesday, December 1, 2010

Dyersburg Fannie Mae Foreclosure Sold

The Dyersburg Fannie Mae Foreclosure at 820 Dianne Court is sold.I keep getting inquiries about this house. The house is still listed on Randy Lankford's site but in fact it closed 3 weeks ago.

The buyer did not use a buyers agent like me but went directly to the listing agent and in my opinion paid about $20,000 too much. The house had been auctioned off by Fannie Mae and the winning bid was $156,000. Fannie Mae rejected that bid and put it back on the market. This buyer closed 3 weeks ago and paid $186,000.

Tuesday, November 30, 2010

Another Dyersburg Hud Foreclosures Site

I was driving down my road the other day and found a foreclosure. On the sign was this new website called Hud Home Store. There was also the name of a far off real estate agent and company. It never ceases to amaze me how our government operates by hiring an out of town(way out this time) real estate company to pull comps and advise the government what houses are worth in our area.

Back to the foreclosure I found. Click this link to see the feature sheet and the list price of $21,000.

I would be happy to show you this property! Mike Frazier 731-589-7841

Thursday, October 28, 2010

New Lakewood Foreclosure near Dyersburg

This morning I found a new Dyersburg area foreclosure listing on this website under the Ginnie Mae button over on the right. This property is located in Lakewood on 115 Aspen Circle and is priced at $127,900.

Update 12/9/10 Price change to $119,900

Call me to view and purchase this property. My cell number is 731-589-7841.

Wednesday, October 27, 2010

New Dyersburg Area Hud Foreclosure

Today Hud listed a foreclosure in Newbern at 822 Granite Drive. It is listed for $77,500 and only owner occupants bids will be opened in next 10 days.

This Newbern foreclosure is a 3 bedroom 2 bath with single car carport. It last sold for $107,500 back in January of 2007.

The county has this house appraised for $115,600. If you are interested in purchasing this home to live in please call me in the next few days, Here is a link to the listing.

Monday, August 30, 2010

Fannie Mae Foreclosure

There is a new Fannie Mae foreclosure in Dyersburg,Tn. Actually it is not new but just listed by a different company at a reduced price. It was listed by a real estate agent in Milan, then auctioned off(but Fannie Mae did not approve the winning bid $156,000) so now Randy Lankford has it listed at $199,900.

This 5 bedroom 4 bath has lots of room including a 2 car garage.If you would like to view this house then make an offer, please call me at 731-589-7841.

Update: 09/14/10This property has now been taken away from lankford and will be put in a bulk auction where they bundle several properties together(from all over the country) and sell to the highest bidder. This high bidder in turn will then turn around and list the individual properties with a Realtor to again sell. So, please come back here as I will keep the status updated and more than likely I will still be able to sell you this property.

Friday, August 20, 2010

New Fannie Mae Dyersburg Foreclosure

Ok folks hot off the press, a new Dyersburg Fannie Mae foreclosure. This was listed this morning and for the next 16 days they are only taking bids from people who plan to occupy the property.

Here is a link to the 3 bedroom 2 bath Dyersburg foreclosure and at a price of only $35,000, it is a real steal of a deal.

I looked at the tax card and the last owner paid $62,000 for the house in 2006. If you have an interest in buying this foreclosure, I would suggest you contact me right away. My cell number is 731-589-7841.

Wednesday, August 18, 2010

Dyersburg foreclosures On My Website?

The other day a lady from California contacted me and said she has been reading this blog for about a year. She really wasn't aware of the button links over on the right side of the blog.

She did however find my website and called me about new Dyersburg foreclosures on that site.After investigating the foreclosure houses she found on there I determined that hosts my site) has contracted with one of the companies who charge for information. Let me tell you as I told you in an earlier post, you do not have to pay for this information. I will give it to you here for free. As it turns out those houses she called me about are not really foreclosures yet as people were still living there. After a home goes into foreclosure and bank bids it back in on courthouse steps, then that bank will assign the house to a Realtor, either in town or out of town. The out of town Realtors' listings can be seen by clicking on the links over on the right side. As far as seeing what a Dyersburg Realtor has just listed, go to my website and search for homes. I have idx which will allow you to search our entire mls.

Tuesday, August 3, 2010

Three Great Deals On Dyersburg Hud Foreclosures

Currently there are three great deals on Dyersburg Hud foreclosures. They are:

1. 1631 Schaffer - 3 bedroom 2 bath w/in ground pool priced at $36,000

2. 1480 Keats - 3 bedroom 2 bath on slab priced at $38,000

3. 1820 Johnson - 2 bedroom 1 bath priced at only $34,000

I have a Hud key in my pocket so call me to view any and all of these Dyersburg foreclosures. My cell number is 731-589-7841.

Thursday, July 29, 2010

Deals As Good As Dyersburg Foreclosures

Did you realize that property values for Dyersburg real estate and Dyer County real estate have fallen from 10-30% in the last two years?

There are so many people looking for Dyersburg foreclosures and many will never buy.

Here is what most people don't understand. With property values down so low and interest rates at historic lows(30 yr conventional 4.375%,15 yr conventional 3.875%), house payments will seem like payments being made on foreclosures.

Most people wait until they think they have seen the bottom of prices but most never catch the bottom and if and when they do then interest rates have already bounced back up.

Right now may just be the best time to grab that good deal on a house and good deal on a mortgage. I am ready to assist you with your Dyersburg real estate purchase whether it be on a foreclosure or value priced home.

Wednesday, July 28, 2010

Dyersburg Foreclosure Sold

The Fannie Mae foreclosure that Lankford Realty had listed has sold. This property is at 415 Reynolds Avenue in Dyersburg. I closed this deal yesterday for a purchase price of $16,000. Boy what a deal!

If you are looking for a foreclosure in Dyersburg, give me a call and let me sell you a great deal like Larry got yesterday.

Wednesday, June 23, 2010

New Dyersburg Hud Foreclosure

Hud just listed with a Memphis company a foreclosure at 1101 Ridgeway Street. This is a pretty good area and I own the house next door. This house was part of an estate and was previously listed for $68,500. This foreclosure is listed for $40,000.

Currently Hud has this house in the lightning round which means that another government entity can purchase it. That expires tonight at midnight. Then, Hud may possible make it open to teachers, policemen, firemen, etc. but in my opinion since the area is so good they will make it available to any owner/occupant.

Investors bids will not be opened until we get past 10 days of owner/occupant bidding.
Now would be a fantastic time to call me to look and be ready to submit a bid. as I have said many times in the past, 92% of list price is usually what will purchase a Dyersburg HUD foreclosure. That amount is $36,800. Call me at 713-589-7841 to get in to look at this house.

Monday, June 14, 2010

New Freddie Mac Foreclosure in Dyersburg

Freddie Mac just listed a Dyersburg foreclosure with Cynthia Carwile here in our MLS.
This 2 bedroom 1 bath brick veneer house last sold on 7/31/2007 for $78,000.

This house needs some work but is priced at only $39,900. The house has 1398' of living area and a detached 1 car garage. This Dyersburg foreclosure is located at 431 Light Street. From hardwood flooring and bonus den, this house has great potential.

Call or text me today if you would like to view and possible purchase this house, Mike Frazier at 731-589-7841.

Monday, May 24, 2010

New Ginnie Mae Dyersburg Foreclosure

Every Monday I check the list over on the right for new foreclosures just listed in the Dyersburg area.

Here is a Ginnie Mae foreclosure here in Dyersburg on 502 Bush Street. It is a 3 bedroom 1 bath priced at $23,500.

Tuesday, May 18, 2010

New Dyersburg Hud Foreclosure

The Dept of Housing and Urban Development just listed this Dyersburg area Hud foreclosure. Here is a link to this 3 bedroom 1 bath brick foreclosure in Patricia Subdivision and I believe this is in the city limits of Newbern.

Priced at only $40,000, this neat looking house should sell in the next 10 days which is the period where Hud only looks at owner /occupant bids.Based on my calculations a bid of $36,800 should purchase this house.

Call me now at 731-589-7841 to look and bid on this Hud foreclosure near Dyersburg.

Monday, May 10, 2010

2 Nice Dyersburg Hud Foreclosure-One Pending and One Still Available

There has been lots of activity on two different Dyersburg area Hud foreclosures. The first one is 950 Cobb Road. Listed at the reduced price of $62,550 this house has had 8 different offers ranging from $34,799-$57,500. Based on my experiences, a price of $57,546 will buy this home. Call me if you are interested.

The second home we need to discuss is the one at 822 Sir Lionel. This house had 4 offers and Hud has selected an offer of $62,300 as the winning bid. This is a little bit above what Hud would have normally taken but a smart bid as others were also right in there with their bids.

Thursday, May 6, 2010

Dyersburg Area Hud Foreclosure Reduced

A few weeks ago I wrote a post about the house on Cobb Road near Dyersburg coming out as a Hud foreclosure.

This foreclosure has been reduced to $62,550 from $69,500. Did you know that any Hud enrolled real estate agent can pull up the offers submitted on all Hud foreclosures?
There have been several offers for this particular house.

From my experience selling many many Hud foreclosures, the "magic" number that Hud usually accepts is about 92% of list price. Based on that, this property will most likely sell for around $57,546.

Call me if you would like to view and offer on this Hud foreclosure. My direct number is 731-589-7841.

Wednesday, May 5, 2010

Another Dyersburg Area Fannie Mae Foreclosure

A Milan real estate agent just listed a Fannie Mae Foreclosure at 620 Lennie Clark Road for a price of $74,900. Here is a link to that listing.

This house was a foreclosure before but there was lots of work done on this house previously. Call me and we will go look.

Another Dyersburg Hud Foreclosure

I just noticed this new Dyersburg foreclosure at 1631 Schaffer street in Dyersburg. Call me, I have a HUD key and we can go take a look.

Friday, April 30, 2010

New Dyersburg Hud foreclosure 822 Sir Lionel

The entire sheet on this property can be seen by clicking Dyersburg Tn Area Hud Foreclosures link over on the right. There is a little over 9 days left for Owner/Occupants bids to be opened. call me to go look and bid. 731-589-7841


Wednesday, April 28, 2010

Not All on Ginnie Mae and Fannie Mae Sites Are Foreclosures

I have noticed that some of these properties you get to view going through the buttons on the right are not really Dyersburg area foreclosures.

I just want to add this disclaimer about what I am finding. There is one property under the Ginnie Mae button that was actually a foreclosure(just sold) that has been listed to be sold(recent buyer hired his real estate agent in Trenton to flip it). This property is located at 605 E. Main in Newbern,Tn.

When I find a property like this that is not (now) a foreclosure I will let you know. This is why you need the services of a Realtor that understands foreclosures and will not lead you wrong.

I am expecting lots more Dyersburg area foreclosures to be forth coming very soon so continue to check back here.

Thursday, April 22, 2010

Dyersburg Ginnie Mae Foreclosure Going to Auction

A few weeks ago I wrote a post about a Dyersburg Foreclosure being reduced.

Now Ginnie Mae has decided to auction this house in Memphis on Monday May 3rd. The last time Ginnie Mae did this with one of my listings the auction sales price was lower than the last offer we got while listed with us.

This house is now listed for $264,900 and it is only 3-4 years old. My prediction is that some savvy investor will buy this 6 bedroom 4 bath home for less than $225,000.

If you are interested in this property, please call me to go look. We can even bid for it online without it costing you any more(using my services) if you have the winning bid.

Wednesday, April 14, 2010

Dyersburg Area Hud Foreclosure Reduced

The hud foreclosure near Dyersburg at 360 Lexie Cobb Road has been reduced to $96,000.
For the next four + days only owner occupant offers will be opened.

Here is a link to that information sheet. Now would be an excellent time for an owner occupant to call me to look and purchase this property. I can be reached on my cell phone at 731-589-7841. Thanks and I look forward to hearing from you.

Tuesday, April 13, 2010

How to use the two buttons over on the left

There are two buttons over on the left side of this blog that are entitled Fannie Mae Dyersburg Foreclosures and Ginnie Mae Government Foreclosures in Dyersburg Area.

To use these buttons to search for foreclosures please understand these are the sites of
1. Lankford Realty in Ripley
2. Jackson Area of Realtors in Jackson,Tn

To use the first button and see the foreclosures here you only have to click on the button as I have been able to set the parimeters of Dyersburg in the search. If you were to search other areas on Lankford's site then most likely they will not be foreclosures. I do see one listing on this site in Dyersburg that is not a foreclosure and it is a little house on countryman.

To use the Ginnie Mae button it is also set up to automatically search Dyersburg.Sometimes it does not automatically jump to Dyer County and when that happens, just pull it up in the drop down menu. 99 times out of 100 these Dyersburg listings with these Jackson area Realtors are indeed foreclosures.

If you see a house under one of these buttons and need more information then don't hesitate to call or e-mail me. Lots of people are beginning to use this site.

Thursday, April 8, 2010

New Va Foreclosure in Dyersburg

There is a new VA Dyersburg foreclosure listing at 1304 Timothy Drive. I sold this house to a client back in May 2008 for $228,000 and they financed it with a VA loan.

This home is a 4 bedroom 4 bath 1.5 story with whirlpool tub and in-ground pool. This property is listed by Jennings Realty for $176,900. The heated and cooled area is 3001' and house has a stone fireplace.

Call me today to view this home. 731-589-7841

Wednesday, March 31, 2010

New Dyersburg Area Hud Foreclosure

In case you missed it there is a new Hud foreclosure near Dyersburg at 950 Lexie Cobb Road. This is a 2 bedroom 1 bath brick home priced at $69,500. Here is a link to the info for this Dyersburg Hud foreclosure.

Call me or one of my team(731-285-2277) to help you with the viewing and purchase of this Dyersburg foreclosure.

Thursday, March 25, 2010

New Fannie Mae Foreclosure Near Dyersburg

This home just got listed today. It is a 3 bedroom 2 bath house 1500' heated area and is located at 800 Andrea Drive west of Dyersburg. This house was built in 2005 and sold for $95,000 but priced now for $82,900.

This property is listed by an agent in Milan,Tennessee. Here is his link.

Call me to view this house then lets make an offer!

Wednesday, March 24, 2010

Some Dyersburg Realtors get Dyersburg Foreclosure Listings

I am unable to provide a link to all the Dyersburg foreclosures listed with Dyersburg Realtors, however I can and will watch these and announce the good deals here.

I just analyzed the 7-8 foreclosures held by these Realtors(I get some of these also) and there are really no good deals right now.

Keep coming back and I will tell you the addresses of the good deals. You might as well get some of these deals before the Realtors do. I do not buy foreclosures(I already own over 80 rental units and have my plate full). I do hope that you will allow me to assist you with all your Dyersburg foreclosure purchases.

Dyersburg Foreclosure Reduced

A friend of mine filed bankruptcy and moved away from Dyersburg. He had built a very nice 6 bedroom home here in Dyersburg just a few years ago.

It has just been reduced to $264,900. Another friend of mine lives next door. Here is a link to that listing. I believe this is a Ginnie Mae foreclosure and it is listed by a real estate agent in Milan,Tennessee. Remember, let me show and sell you any listed Dyersburg foreclosure.

I will work for you as your buyer's agent but be paid out of the commission promised to the listing agent.

Monday, March 22, 2010

Hud Houses selling pretty well in Dyersburg,Tn area

I just looked today and all the Hud foreclosures in Dyersburg area are either pending or sold.There is only one left(that is active) on the site today and it is located at 360 Lexie Cobb Road and it has been reduced to $108,000. Here is a link to the current Hud foreclosures in the Dyersburg,Tn area.

Tuesday, March 16, 2010

Dyersburg Foreclosure in Lakewood Information

I got an e-mail today from the listing agent for the Walnut Lane house. She told me the asset company is trying to decide whether to fix the broken water pipes under the house or to sell the house as is. I wrote about this Dyersburg Foreclosure in my previous post here.

I was not aware of the broken pipes but glad she let me know so I can let our readers know. Also, I always strongly recommend a home inspection.

Monday, March 15, 2010

Dyersburg Lakefront Foreclosure Reduced

I just found out that the 5 bedroom Lakewood house at 526 Elm Lane has been reduced. The new price is $183,900. This house has lots of water frontage on the main lake at Lakewood.

Some friends of mine from church used to live in this house and it was great place to get together with friends. Lots of parking, 3 car garage, 2 living levels, screened in porch are just a few of the amenities for this brick home in Dyersburg's Lakewood community.

If you are looking for a deal on a Dyersburg foreclosure in Lakewood and on the water, then you may have just found it. Here is a link to the listing but remember contact me to look at the house up and write your winning bid.

Wednesday, March 10, 2010

Best Dyersburg Foreclosure On The Market Is Now Under Contract

A few days ago I wrote a post about a Wells Fargo bank foreclosure in the Dyersburg area. I stated that this was the best Dyersburg Foreclosure on the market.

Well guess what? It is now under contract to close in a few days and boy did the buyer get a great deal. I will tell you the price after it closes. Here is a link to the Dyersburg foreclosure listing.

Carousel Realty Closes Sale on Dyersburg Hud Foreclosure

Today, one of my agents traveled to Memphis to close the sale on the Dyersburg Hud foreclosure located at 345 Hawthorne. Here is the link to that listing.

The sales price was $34,259 which is 84.59% of list price(reduced once).

There are still some excellent deals out there for Dyersburg Hud foreclosures and you can view them here.

Thursday, March 4, 2010

Best Dyersburg Foreclosure On The Market

Here is a foreclosure in the Newbern area that is a Wells Fargo foreclosure.

We had problems getting the title clean and have also gotten the price "right".
Here is a link to this brick home on Bethlehem Road just outside Newbern,Tn.

Two More Sites to Include for Dyersburg Foreclosures

There are two other sites that have Fannie Mae Dyersburg foreclosures and Freddie Mac Dyersburg foreclosures.

These are the Lankford Realty Site and the Homesteps Freddie Mac Government site. I will put both of these Dyersburg foreclosures links with the others here in the template.

Other websites are offering "free 30 day trials" then your charge card is charged. This Dyersburg foreclosures website is always free. Your only cost is to consider using my services to purchase your next foreclosure in Dyersburg.

Monday, March 1, 2010

How many Dyersburg foreclosures are left?

I am having a lot of people ask me where we are in the foreclosure process. What they really want to know is when are the Dyersburg foreclosures going to end.

I have been studying the foreclosures process and in my opinion, the Dyersburg foreclosures are about 50% complete. We should continue to have foreclosures in a big way for the next 12 to 18 months.

Many lenders have been holding off the foreclosure process but the faucet will open up again very soon and then we can get all these Dyersburg foreclosures behind us.

Many lenders are choosing the short sale route but this option has not been very prevalent yet in the Dyersburg market but they will soon.

Wednesday, February 24, 2010

Free site to find Dyersburg Area Foreclosures

What is the only single site to find almost all of the foreclosures for sale in the Dyersburg area? How much does it cost you for this information? Nothing, free, zilch, nodda, absolutely free!

Just go to the Dyersburg Foreclosures free site to get all this information.

Two USDA Dyersburg Foreclosures

Today I noticed two different foreclosures on USDA site for Dyersburg.

Here is the link to the Dyersburg USDA foreclosures. I noticed that one of them is auctioned at the Dyer county courthouse on March 17th and has a minimum bid of $17,000.

Monday, February 22, 2010

Dyersburg Hud foreclosure now under contract

This morning I got an e-mail stating that Hud took our offer on 345 Hawthorne in Dyersburg. This is a FHA loan that went into foreclosure and was listed on the Hud site. You can see the house and other Hud foreclosure listings by clicking this Hud site link.

Friday, February 19, 2010

New Dyersburg Foreclosures Blogsite

Today I decided to create a new blog site to discuss and list foreclosures in the Dyersburg area market.

These foreclosures will be HUD foreclosures, Fannie Mae foreclosures, Ginnie Mae foreclosures, Freddie Mac foreclosures,VA foreclosures, Farmers Home foreclosures and regular bank foreclosures.

Today I noticed 3 new Hud foreclosures. The first one is in Finley about 3 miles west of Dyersburg. The address is 90 Benjamin Drive and is priced at $101,000. The second house is located about 5 miles northeast of Dyersburg and the address is 360 Lexie Cobb road. that house is priced at $120,000. The third Hud foreclosure is located about 2 -3 miles northwest of Dyersburg and the address is 966 Kelly Road. Here is the link to the current Dyer County Hud foreclosures.
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