Update on Foreclosures in Clarksville, TN 37040
There 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.
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.
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 Contact, Debbie Reynolds Clarksville TN Real Estate Agent at 931-320-6730
Photo courtesy of vectorolie/freedigitalphotos.net
2130 Wilma Rudolph Blvd.
Clarksville, TN 37040
it would be my pleasure to assist you!
"The Real Debbie Reynolds"
931-771-9070 Office | 931-320-6730 Cell