RED HOT Top 5 – Dallas Condo Foreclosures

RED HOT Top 5 – Dallas Condo Foreclosures

Foreclosures are still on the top of most home buyers want list to look for the red hot deals that are out there. Our active Dallas Condos on CondoDomain by popular demand keep asking us to post our hottest deals out there. And if you did not know we take our job serious and provide our clients informative information on any interested parties so they can see the value and history of the condo that they are interested in purchasing, so the information below is what we do for you. SO by popular demand here are our favorite hot foreclosure deals,… get ready and happy condo hunting. Here is our RED HOT top 5 :

Hot #1 Dallas Condo: 4611 Travis at the Travis at Knox Condo’s,…. We call this a half price condo, so if you are looking to buy a deal at below 505 of the original sales price this one is for you. PRICED OVER $200,000 Below Original Selling Price in 2007 HOT HOT HOT. This 2 Bedroom 2 Bath has 2 Parking Spaces available in the under ground parking. 1528 Sq Ft condo has is too loaded with upgrades. There are a few minor repairs needed, it could be our best buy in the uptown area. The bank just dropped the price from $207,900 down to $197,505,… and here are the hard facts:

Original Asking Price: $207,900
Sold in 03/2007 for: $431,750
2009 Tax Value: $278,860
Price Reduced to: $197,505 The Bank Says Bring us an OFFER!

PRICED OVER $230,000 Below Original Selling Price, this hot Condo’s on Fire !

Hot #2 Dallas Condo: 2502 Live Oak Street at the Live Oak Lofts Condo’s,…. We have a 1 Bedroom 1 Bath 1 Car Garage 681 Sq Ft condo that is hot to sell on the third floor of Live Oak and Central Expressway. Granite countertops, wood floors, open kitchen. This property at the asking price is over $23,000 below what the original owner paid for this condo, that’s a deal. The bank just dropped the price from $105,000 down to $99,900,… and here are the hard facts:

Original Asking Price: $105,000
Sold in 09/2004 for: $123,618
2009 Tax Value: $115,770
Price Reduced to: $99,900 The Bank Says Bring us an OFFER!

Hot #3 Dallas Condo: Cole Avenue Condo just south of Knox Henderson in Uptown 3 Bedroom condo under $100,000 ! This 3 Bedroom condo that is an “A+” location in the heart of Uptown and is hot to sell. This is across the street from Cole Park Tennis courts and has a balcony that overlooks the pool. If you need room and are on a budget this is an exceptional value with lots of potential. This property at the asking price is over $23,100 below what the original owner had a mortgage for in 2003 (unable to verify the sales price, but it was probably over the mortgage loan amount …) , that’s a deal. The bank just dropped the price from $104,900 down to $94,900,… and here are the hard facts:

Original Asking Price: $104,900
Mortgage in 2003 was: $118,000
2009 Tax Value: $109,700
Price Reduced to: $94,900 The Bank Says Bring us an OFFER!

Hot #4 Dallas Condo: 4206 Buena Vista Street overlooking Katy Trail,…. This is a 3 Bedroom 3 and a half Bath 2 Car Garage 2550 Sq Ft condo that is new construction and has never been lived in. High end construction with glass walled living spaces connected to two large private courtyards. Zebra wood cabinets, built-in Fridge, wood and concrete floors, this sets a standard for the best of the best. This property at the asking price is over $90,000 below the 2009 tax assessed value. The bank has had this for 6 months and it’s time to bring them an offer,… and here are the hard facts:

Original Asking Price: $475,000
Sold : $New Construction never been sold
2009 Tax Value: $569,930
Price Reduced to: $475,000 Not Reduced Yet, let’s Bring them an OFFER!

Hot #5 Dallas Condo: 2517 Shelby Avenue at the Shelby Townhomes. Ok it’s not a condo but it was to hot not to include,…. This 3 Bedroom 3 Bath and a half bath 2 Car Garage has 2,056 Sq Ft and is in the heart of Oaklawn. This 2003 built townhome has granite countertops, wood floors, stainless appliances…. This has a side yard for the little woof’s to frolic and play with out fear of being eaten by the big bad wolf. This property at the asking price is over $120,000 below what the original owner paid for this condo (they paid $380k,… that’s just not right), that’s a deal. The bank just dropped the price from $10,000 down to $258,000,… and here are the hard facts:

Original Asking Price: $268,000
Sold in 01/2007 for: $380,000
2009 Tax Value: $364,900
Price Reduced to: $258,000 The Bank Says Bring us an OFFER!

As of January 15th we have 65 foreclosure properties that the banks want to sell in the immediate Downtown, Uptown and Oaklawn area market place. If you do not see what you are looking for contact our local CondoDomain Dallas specialist for the right deal for you. If you like this blog let us know by participating and providing your comments,… if you let us know we will continue to provide you with this informative information to meet your ever expectation. We look forward to your comments.

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