My 2 Little Ghouls & My Top 5 Picks

Back in the day, I sternly lectured my two little ghouls about the danger of eating even one piece of their Halloween goodies. I mentioned razor blades in apples.  Mumbled something about rat poison.

I promised that Daddy would check everything in their plastic jack-o-lantern.  After they were safe in bed I picked my favorites to create my own secret stash.

That’s what parents do.  (Not all — but definitely the ones with a sweet tooth)

It’s reported that more homes will be dark this Halloween due to folks cutting back on buying candy and simply sitting it out.   Not all homes will be vacant as a money-saving move.  There are many Sandpoint foreclosures sitting empty.

Homes that have not been auctioned or taken back by the bank are not officially Sandpoint foreclosures.   Homes for sale that have a clock running following their notice of default are part of the Sandpoint foreclosures scene.

Freddie Mac hired Titanium Solutions, Inc. to actually knock on the doors of delinquent borrowers to offer help with their needed applications to qualify for a 3-month trial payment period.

This under the President’s Making Home Affordable  program.  It worth a close look if your home is headed for the Sandpoint foreclosures list.

Just one part of the efforts being made on behalf of borrowers before they wind up in the statistical graveyard of Sandpoint foreclosures.

Help may come in the nick of time for some sellers and slow the trend of owners simply walking away from their home and the payments they cannot afford.

Sandpoint foreclosures will grow with ARMs resetting, jobs scarce, and utility bills rising with the onset of cold weather.   The advice going into fall is to purchase properties and hold them for the future.

My Top 5 Picks

1.  Large 2 bdr, 3 ba, 2-car garage + RV space inside, located in-town with hi-speed internet available.  Call for price.  This is pre-forclosure.

2.  Shade under 50 acres with creek, pond, and lake. $50,000 Down.  OWC $300,000 with minimum of one annual 10% interest only payment of $30K.   You can choose the once a year payment or offer your personal structure.

3.  Own it for $5,000 down and $479.64 per month. Underground utilities at this 1.5 acre rural site near Clark Fork, Idaho.  $85,000 total price but check out the terms.   $5,000 down.  30 year term at only 6% interest.   You will have to pull power from road to construction site and install septic.

4.  Wilderness Base Camp on the River. 2.25 wooded acres with 172 ff on river.  Yet only minutes from amenities.  For the outdoor enthusiasts and vacationers it is cheaper than hotels.  $25,000 cash plus closing costs.

5.  Several hundred feet of frontage on this lovely bass lake with 5.5 acres of trees.  $165,000 Cash.  $185,000 with terms.

Do you have questions about Sandpoint foreclosures, buying or selling strategies, or planning your next move in the commercial marketplace?

Tags: homes will be vacant, top5