Lender Owned Homes in Tucson

November 25, 2008

DSC04671

Been out showing a lot of homes recently - here’s a gem from a near half million dollar listing, lender-owned.  Buyers tend to be surprised that lenders try to sell homes here in Tucson in such sad states of filth, neglect, and disrepair - at least until I take them into their 3rd or 4th lender owned property and they realize they’re nearly all filthy and in bad condition.

However, sometimes you can get these lender owned homes at fairly sweet prices.  Just be prepared - it’s gonna take some work to get the home into shape.  "Move in ready" and "Lender Owned" rarely, if ever, go together.

Equal Housing Opportunity Realtor