Bank-owned home otherwise known as REOs
We get asked nearly daily this question — ‘Are there any bank-owned homes currently on the market in the Conejo Valley?’ The simple answer is ‘Yes.’ In fact, currently there is a total of 56 bank-owned properties listed for sale in the Conejo Valley. A bank-owned home has gone through the foreclosure process and has reverted back to the bank. So often many of the properties can have deferred maintenance but several homes we showed last week were in reasonable condition.
Fifty-six homes sounds like a lot - right? Not really. The Conejo Valley has 954 properties currently for sale and what does 56 equte to? A mere 5 to 6%. If you listen to the media you might think the sky was falling. Not so. Fear sells newspapers and gets people to watch television news.
Click on the link below and you will see that the price range spans from a one bedroom condo to a home in North Ranch. If you want addition information about any of these properties, send us an email at Joyce@805Local.com or call us (805) 340-5811.
Click here for the list of 56 bank-owned properties for sale in the Conejo Valley
Click here the the 27 bank-owned/REO properties for sale in Camarillo
Posted: August 3rd, 2008 under Bank-owned properties.
Tags: bank owned homes, bank-owned homes in Camarillo, bank-owned homes in Conejo Valley, bank-owned homes in Thousand Oaks, foreclosures, moving to Conejo Valley, REOs in Camarillo, REOs in the Conejo Valley, REOs in Thousand Oaks
About the Author: Joyce Zangmeister
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