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Foreclosure Facts

Once again the question was brought up to me regarding buying foreclosed property in the Irving Las Colinas area. I wrote about purchasing these foreclosures and what to look for in an article titled, To Buy, Or Not To Buy (a Foreclosure).

I also wrote Hidden Deals That Will “Motivate You, and explained an alternative to buying foreclosures. However, since the question keeps coming up, here are a few facts about foreclosures that are currently on the Multiple Listing Service in the Irving Las Colinas area.

Of the 353 properties that are on the market in the Irving Las Colinas area, as of today…
only 12 are foreclosures
5 of those foreclosures are priced under $100,000
1 of those foreclosures range from $100,000 – $150,000
3 of those foreclosures range from $150,000 – $200,000
2 of those foreclosures are priced in the mid $200,000’s
1 of these foreclosures is priced in the mid $400,000’s

There you go; any price range you are looking for is available.