Real Estate by Debbie Reynolds: Foreclosure Report for Clarksville TN 37040- March 2018

Foreclosure Report for Clarksville TN 37040- March 2018

Update on Foreclosures in Clarksville, TN 37040

 

Foreclosure market report for Clarksville TN 37040There are still Foreclosures and REO properties in Clarksville though there are many less than in the last few years. When one comes on the market, it rarely stays around more than a few days. Multiple offers pour in. Many investors have registered with agents to receive up to the minute notice as to when these properties hit the market.

When they do get listed the investors come to the table and are ready to place their offers within hours of the property coming on the market. Investors know that a bank letter has to be in hand and that Cash is King.

The market has been shrinking drastically from last year. The percent of foreclosed and distressed properties in the Clarksville TN 37040 area through the end of October 2014 is way down from last year.There are still foreclosures happening but the numbers continue to fall. Many properties have multiple offers creating bidding wars between buyers.

 

See all currently available Foreclosure Homes in Clarksville TN.

 

The number of closed foreclosures since the first of 2018 in Clarksville TN has been 70 sales. There are currently 22 Active Listings. 21 are Active with Contingencies and 31 are in Pending. 

The average sales price was $116, which was 103% of list to sale price. The days on the market was 31.


Foreclosure Report for Clarksville TN 37040- March 2018


See the market trends for 37040 here.
 

This zip code is generally the oldest part of town. That doesn't mean that there are not newer neighborhoods or homes. In fact there are and these are somewhat more likely to succumb to foreclosure. The price ranges are varied and depend on condition and how many repairs are needed. Investors are not afraid to take on a project. Owner-occupants look for foreclosures that only need a little fix up and even these can be a challenge for them.
 

See all available REO and Foreclosure homes in all of Clarksville TN in all price ranges.


Foreclosures Report for Clarksville TN 37040- March 2018. When you want an REO or foreclosure property in Clarksville TN ContactDebbie Reynolds Clarksville TN Real Estate Agent at 931-320-6730

Photo courtesy of vectorolie/freedigitalphotos.net

 Centruy 21 Platinum Properties2130 Wilma Rudolph Blvd.

Clarksville, TN 37040

When you need Real Estate services in Clarksville TN

                  it would be my pleasure to assist you!                             

Debbie Reynolds
"The Real Debbie Reynolds"

Check out all Clarksville TN Real Estate on My Website

                   
                   
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Comment balloon 6 commentsDebbie Reynolds • November 05 2014 11:46AM

Comments

Although I peruse these distressed property reports I no longer have Buyers wanting them. My goal is not to support any lender who is in dire straits with their portfolios for limited returns. They are on their own and rightly so!

Posted by Kevin J. May, Serving the Treasure & Paradise Coasts of Florida (Florida Supreme Realty) 7 months ago

Good day Debbie Reynolds 

Thank you for sharing your information with us 

Have a great day.

Posted by Anthony Acosta - ALLATLANTACONDOS.COM, Associate Broker (Harry Norman, REALTORS® ) 7 months ago

Fortunately ...have not seen many in our area...it does bring investors out of the woodwork !

Posted by Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce (EXP Realty 414-525-0563) 7 months ago

You always provide good information about your housing market. Thank you for sharing 

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) 7 months ago

Good morning Debbie.  Thanks for keeping us updated with the foreclosure market in the Clarksville TN area.

 

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) 7 months ago

Your real estate investor clients will love the opportunities to be found in the foreclosure inventory.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) 7 months ago

Participate