Kanabec County Bank Owned Homes

Find Foreclosure Homes In Kanabec County

Find Foreclosure Homes In Kanabec County


 

Search for Bank Owned Homes In Kanabec County MN

With several homes priced under $100k and several acreage properties available the Kanabec Foreclosure home search is a great place to start when looking for your first home or a hobby farm or acreage property.  The Mora and Ogilvie area in Kanabec county also offer some lake front properties and fixer upper investment properties too!

Kanabec County Bank Owned Home Market Update

One might think there are plenty of foreclosure homes available in Kanabec County, but at the time of this post there are right around 20 bank owned listings available in Kanabec County. Most the listings are in and around Mora, MN.  With a few in Ogilvie and a couple more in the west Hinckley and north Braham areas.

You can find homes that are close to $50k that don’t need a ton of work. With that these homes can make a good investment property for the Kanabec County investment buyer, but also they make for an affordable payment and purchase for other buyers like a first time home buyer.

Many of these bank owned homes are Kanabec County HUD Homes- Government Foreclosures.  These homes often are FHA appraised and ready for FHA 3.5% down financing.  These and other homes often can be purchased for ZERO down using he USDA Rural Housing Loan program.

In 2013 there have been over 70 bank owned homes sold in Kanabec County.  With the lower amount of bank owned homes available that number may not go up too much in 2014. However, the home prices in Kanabec County have not risen as much as other neighboring counties yet; thus making your Kanabec County home purchase still very affordable compared to much of the rest of Minnesota.

Contact Chuck Carstensen with REMAX Results at 612-290-3809 or chuck.carstensen@results.net to help you with your Kanabec County Home Search.