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.
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