The Mesquite Nevada Real Estate Blog

Mesquite NV REO Foreclosure - Great Price on a Bank Owned Home

Mesquite NV Foreclosures - Reo property - Imagine being able to buy a custom built bank owned home in Mesquite NV for less than $100.00 per sq foot!  How about $75.00 per sq foot?  For a foreclosed home that is is in good condition?  In a neighborhood with NO HOA fees!

Information about Mesquite NV bank owned foreclosure properties

For the low price of $324,900, this custom home on over a quarter of an acre is priced under the FHA maximum loan limit in Mesquite NV.  Room to park your RV and a boat!Mesquite NV Foreclosure 880 Hillside Dr

This lovely 4,349 sq foot home in Valley View subdivision has 5 bedrooms, 3 full baths and a 3 car garage.  Only 6 years old with mature landscaping and sunset views from the kitchen, dining room and den.

The elegant front entry opens to a curving staircase leading up to kitchen, dining room and den with 5 spacious bedrooms and 3 full baths on different levels.

Backyard steps lead up to a private gate which opens on a culdesac one short block to Virgin Valley High School.

Scroll down for more pictures then call me for a private showing!

Mesquite NV Foreclosure 880 Hillside Dr

Mesquite NV Real Estate Foreclosure 880 Hillside Dr

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Mesquite NV short sales and foreclosures - If you would like a MLS list of Mesquite NV short sale and foreclosure properties for sale emailed to you - fill out the short form to Search Mesquite NV MLS and check the foreclosure box.  You will receive a list with addresses and MLS numbers.  You will also get email updates sent to you as new foreclosures and short sales are listed in the Mesquite MLS - opt out any time and your information is never shared.  If you want just Mesquite foreclosure property listings, not short sales, just say so in the 'additional information' box.

Virginia Hepp
ERA Brokers Consolidated
Mesquite NV Real Estate
Mesquite Chamber of Commerce Member
702 622-1177
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                                 Mesquite Nevada Real Estate Agent  ~ ~  ERA

Mesquite NV Real Estate Agent - Virginia HeppVirginia Hepp ~ Mesquite Realtor
Pet Friendly Mesquite NV
Homes - Townhomes - Condos for Sale
 
50 - 55 + Active Adult Communities
Mesquite Gated Golf Course Neighborhoods
 
702 622-1177
 

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Comments

Just plain loco to buy a 4,400 square foot home in the "3's" -- good luck with the marketing plan!

Posted by Blogger To Be Named Later almost 4 years ago

Virginia,

Whoever thought that we'd be using FHA mortgages to finance houses like this?

Mike in Tucson

Posted by Mike Jones (SUNSTREET MORTGAGE, LLC) almost 4 years ago

Hi, Virginia - Nice looking house you've got there.  The price isn't bad either!  What did this sell for new?

Posted by Fairbanks Alaska Real Estate Specialists Jesse & Kathy Clifton 907-328-9328 (Jesse Clifton & Associates, REALTORSĀ®) almost 4 years ago

Hi Virginia - Looks like a great home. I really like the staircase! Best of luck with getting it sold.

Posted by Bill Gassett Metrowest Massachusetts Real Estate (RE/MAX Executive Realty) almost 4 years ago

Virginia, that is a huge house at a steal of a price as an REO. And unlike many REOs I have dealt with, yours looks in great condition. The kitchen is spacious. Love the roof too which goes with your locale. Good luck with the sale!

Posted by Gary Woltal - Assoc. Broker REALTORĀ® SFR Dallas Ft. Worth (Keller Williams Realty) almost 4 years ago

Andrew - The market went loco and left some victims of...............

Mike - Fha loans, definitely not just for first time buyers anymore, mention of an FHA loan with a home like this would have been a typo a while ago!  :)

Jesse - It is in an excellent neighborhood - some homes there sell for 6-700K.  I believe it sold for close to 6 in 2002, before the market jumped up the prices.

Bill - Thanks, the staircase is beautiful - 4 levels open off it.  I just noticed that I forgot to put the chandelier picture in - edit!!

Gary - The bank is losing a huge chunk on this one.  The owners took very good care of it, needs some carpet and paint, everything else inside is fine.

Posted by Virginia Hepp - Mesquite NV MLS - Sun City Mesquite - 55+ Buyer Representative (ERA - Mesquite NV Homes For Sale) almost 4 years ago

Virginia, from $600K to $385K in six years.... Wow, my how some properties are being unloaded by the banks. I hate how it messes up the comparables in the neighborhood between normal and distressed properties. As long as distressed properties are an anomaly, they can probably be dropped, but if there are too many of them they have to be factored in. I forgot to mention I too think that staircase is gorgeous. Someone is going to get a good deal. Good luck to you with putting a deal together.

Posted by Gary Woltal - Assoc. Broker REALTORĀ® SFR Dallas Ft. Worth (Keller Williams Realty) almost 4 years ago

Virginia, wow, great pirce and nice home. Love the sky entry!

Posted by * Rate A Home (Rate A Home) almost 4 years ago

Duane - That staircase is awesome, isn't it?  It opens to 4 different levels of living areas.  Would be great for a mother-in-law situation or a big family.

Posted by Virginia Hepp - Mesquite NV MLS - Sun City Mesquite - 55+ Buyer Representative (ERA - Mesquite NV Homes For Sale) almost 4 years ago
Make your own life time easier take the mortgage loans and everything you require.
Posted by DillonFRANCISCA22 about 1 year ago

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