Isanti County Bank Owned Homes

Find Bank Owned Homes In Isanti County

Find Bank Owned Homes In Isanti County

 

Find Bank Owned Foreclosure Listings in Isanti County!

At the peak of the foreclosure market Isanti County bank owned home listings were among the highest percentage in the state.  Since then the foreclosures have slowed down, but Isanti County still offers several opportunities for the investor or home buyer looking for bank owned foreclosure properties in Isanti, Cambridge, Braham and the surrounding areas.

Isanti County Bank Owned Homes Market Update

In the Isanti County area at the time of this post there are over 30 active bank owned listings.  Many of the new bank owned foreclosure listings in Isanti County are HUD foreclosures and Fannie Mae Foreclosures. (Basically Government Loan Foreclosures).  These homes have been selling fast. For example HUD Home Foreclosures have a 10 day bidding period, and most of those listings are SOLD in the that 10 day bidding period.  Thus, when you see a good deal on the market you have to make an offer fast.

In 2013 there were nearly 250 closed BANK OWNED listings in Isanti County. The bulk of those sales are homes under $100,000. This is where the home investors and many first time home buyers in Isanti County got bank owned deals.  A high percentage of the rest of the sales were still below $150,000 when it comes to bank owned sales.

Isanti County offers some of the best prices close to the Twin Cities on nice MOVE IN ready bank owned homes.  This will make it a popular spot for home buyers in 2014 and beyond.

Zero Down Home Loans In Isanti County

Isanti County still has homes that can be purchased for ZERO DOWN.  Not only can you get a great price on a foreclosure home. You can also buy the bank owned homes in good shape for ZERO DOWN when you qualify for a USDA Rural Housing Home Loan.

Since this loan is not available to Anoka County home buyers, often buyers float north to Isanti to find a great new home.  USDA Home Loans are typically first time buyers but you can have owned a home before a still get a USDA loan.

For all of your Isanti County home buying questions and to find the best bank owned homes in Isanti County contact Chuck Carstensen with RE/MAX Results at 612-290-3809 or chuck.carstensen@results.net.