Tacoma Foreclosures: Roughly 1 in 10 Tacoma homes for sale is bank owned.
Posted by Lisa Corelli on Monday, December 7th, 2009 at 9:39am.As the homes are getting tougher to sell at the auction. More Tacoma homes are ending up in the bank's hands. These homes are often neglected, needing new carpet, paint and some deferred maintenance. Some of these homes are just tear downs, but most could be moved in with some TLC. Sometimes, they'll even be financable using FHA or VA financing, although these homes tend to sell quickly. The fact that around 10% of the homes listed in Tacoma is bank owned was surprising to me. However, if you're looking for a Tacoma foreclosure, now's the time to start your search. With the inventory this high, the banks will be willing to look at all offers.
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