High End Luxury Bank Owned Homes In Minnesota

sherburne county real estate

Search for luxury bank owned homes in Minnesota

 

Check out all the HighEnd/Luxury Bank Owned Homes For Sale in Minnesota!

Bank owned properties for sale in Minnesota over $500,000 range from lake homes to acreage homes, to luxury condos in downtown Minneapolis.  Typically bank owned homes in the higher end price range sell for a huge discount just because of the lack of buyers and financing options in that price range.

Luxury Lake Homes For Sale in Minnesota

Bank owned lake front homes in Minnesota are always high demand.  What if you want to get a luxury lake front home on Lake Minnetonka or Lake Calhoun.  Typically this list will include several lake front homes.  Some of them will be large and beautiful bank owned homes in outstate Minnesota.  Lake Minnetonka features a couple beautiful high end foreclosure homes for sale at the time of this post.  This might be a great opportunity to own luxury on the lake at a discount on these bank owned homes.

Minneapolis Bank Owned Luxury Condos

Looking for the ultimate condo with all of the bells and whistles in a great downtown location.  Right now there are several high end bank owned condos in Minneapolis for sale. The Ivy Residences in Minneapolis is now over 70% sold but they still have several units available and many of them fall into the $500k and over price range. For this price you get like I mentioned all the bells and whistles inside, a great view of downtown, vallet parking, fitness, spa and dining in the building.

Minnesota Luxury Bank Owned Home Real Estate Market

There are right around 25 listings available for sale at the time of this post that meet the criteria of bank owned homes in Minnesota over $500k. With the market values increasing some investors are even eyeing this luxury foreclosures as potential deals to flip.

In 2013 there were over 75 bank owned homes sold over $500k in Minnesota.  there were even a handful of bank owned sales over $1 Million dollars.  If your looking for a luxury home and hoping for a bank owned discount this may be your chance!