This morning I did a thorough search in the MLS for short sales, REO's, bank owned, auction or foreclosure properties that are For Sale in the Tucson Foothills. I found 14. (**single family homes only**)
Most of them are listed as short sales, one REO, and none were listed as going to auction.
Under those same distressed sale categories I found eleven homes that are under contract, and six that have sold in the last six months.
Including those for sale, under contract and sold, the prices range from $257,500 to $1,195,000.
Then I checked out Realty Trac, and they show more distress sale properties in the Foothills that don't show up in the MLS.
Using their data I entered the addresses in the MLS, and found that in some cases there was a home for sale at that address, and in some there wasn't. But of those that I checked that are for sale in the MLS, there was no indication in any of the listing data that the property was a bank owned, auction or short sale.
And that's odd. Because it's usually not something the bank wants to keep secret. They want to sell the house, and people are attracted to short sales because there may be an opportunity for a bargain.
But I suppose it's possible that with some of these properties, the short sale or foreclosure action is in the works and on the horizon.
Amongst the 14 properties that are for sale is one that is a new builder spec home, and a nice one too.
Contact me for more info on any of these homes.
see my web site thefoothillsToday.com
to search for and learn more about Tucson Foothills Homes