Ada County Idaho Foreclosure Properties
Ada County, Idaho Foreclosures
| All Listings | Under $100,000 | $100,000 - $200,000 |
| $200,000 - $300,000 | $300,000 - $400,000 | $400,000 - $500,000 |
| $500,000 - $600,000 | $800,000 - $900,000 | Over $1,000,000 |
Pc9111 Secluded Georgian Estate On Premiere Boise River...
- Price:
- $1,795,000
- City:
- Boise
- Beds:
- 5
- Baths:
- 8
- Type:
- Residential
- MLS® #:
- 98489745
- Provider:
-
Coldwell Banker Tomlinson -cap
Pc9111 Secluded Georgian Estate On Premiere Boise River Home Site - Sublimely Overlooking The Boise River...
River Run's Prestigious "the Island" Private Gated...
- Price:
- $895,000
- City:
- Boise
- Beds:
- 4
- Baths:
- 3½
- Type:
- Residential
- MLS® #:
- 98488525
- Provider:
-
Keller Williams Realty Boise
River Run's Prestigious "the Island" Private Gated Community, This Property Boasts Privacy, River Frontage,...
Grand & Spacious Salt Box Design In Prime North End...
- Price:
- $550,000
- City:
- Boise
- Beds:
- 4
- Baths:
- 3½
- Type:
- Residential
- MLS® #:
- 98492404
- Provider:
-
Keller Williams Realty Boise
Grand & Spacious Salt Box Design In Prime North End Location. Large Open Rooms Provide Generous Space...
Live East Boise's Desirable Outdoor Lifestyle! Intimate...
- Price:
- $499,000
- City:
- Boise
- Beds:
- 4
- Baths:
- 3½
- Type:
- Residential
- MLS® #:
- 98478165
- Provider:
-
Silvercreek Realty Group
Live East Boise's Desirable Outdoor Lifestyle! Intimate Foothills Setting & Beautiful Boise River Valley...
Gorgeous Expansive Home. 7 Bedrooms, Huge Theater Room,...
- Price:
- $400,000
- City:
- Boise
- Beds:
- 7
- Baths:
- 5
- Type:
- Residential
- MLS® #:
- 98492027
- Provider:
-
Prudential Idaho Realty
Gorgeous Expansive Home. 7 Bedrooms, Huge Theater Room, Basement, Office And Tons Of Storage. Rv Garage...
Over 5 Acres In A Prime Commercial/industrial Area,...
- Price:
- $389,000
- City:
- Boise
- Type:
- Business/Commercial
- MLS® #:
- 98425680
- Provider:
-
Woodhouse Group
Over 5 Acres In A Prime Commercial/industrial Area, Near Costco And Edwards And Many Other Industrial...
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Ada County ID Foreclosures and Short Sale Properties
Bank owned foreclosures, also known as REOs (Real Estate Owned), are just one of the 3 types of distressed sales. The other 2 types that fit this distressed sale category are short sales and auctioned properties.
The reason so many people are pursuing bank owned foreclosures is they typically are aggressively priced below current market value. When a homeowner can no longer keep up with their house payments, the bank or lender forecloses on the property. If it is not purchased at the Trustee sale, then the bank takes back the property and has to put it on the market. This process takes several months and can be very costly. The bank has to pay property taxes, homeowners association dues, make any required repairs and maintain the property until it is re-sold.
There a several things a buyer should keep in mind if they want to capitalize on Ada County foreclosure properties. First of all, before submitting the offer, a buyer should do adequate research on the neighborhood’s recent comparable sales and confirm if repairs and upgrades are necessary that the neighborhood can support it. Second, submit a loan approval letter with the offer so the bank knows the buyers are serious. Third, make the offer contingent upon the approval of the home inspection. In most cases the properties are sold ‘as is’ and the banks do not want to do any additional repairs so it is very important the buyer has a way to back out of the transaction if there is serious damage or in need of costlier repairs than they projected in the offer. Typically, the bank will take several business days to respond to the offer. Be patient; there may be more than one decision maker. If they accept the offer, it will be worth the wait.
Since the bank is looking to recover as much of its investment as quickly as possible, you maybe able to purchase a foreclosures at a considerable discount especially if it has been on the market for a while. It is a perfect opportunity to get a great deal on a home of your dreams in Ada County, ID.
View information and real estate listings in other Idaho communities. Ada County MLS listings.
Contact The Hughes Real Estate Group for more information or to view Idaho homes: (208) 571-7145.
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.
Listing information last updated on May 17th, 2012 at 12:55am.