Sandpoint Foreclosures Help Make Idaho #2 & The Top 5 Picks

Owners of Sandpoint foreclosures, Sandpoint homes for sale, and Sandpoint homes being sold by owners have something in common.  Most of have pulled out a financial switchblade and slashed prices.

Plus, they are all in Idaho which missed being the number one state in the country in reducing sale prices by 1 percent.  More bad news for folks in Sandpoint foreclosures or in default.

Per Bloomberg News, Idaho homes for sale reduced their prices by 14% which is just one point behind Nevada and one point in front of Hawaii.  Sandpoint foreclosures are central to prices being slashed.

Out of chaos there is opportunity.  Investors can make terrific moves now that will enable the sellers to make their next move in a marketplace beyond Sandpoint foreclosures.

Here are the Top 5 Sandpoint Property Picks:

20 Acres, Views, Lake Pend Oreille (LPO) Waterfront, Septic, Well, Underground Electric and is ready to sell for at least 1M LESS than neighboring acres with NO Waterfront.

In town Commercial D Zoned House.  Under $140,000

2,500' CF River - Boat Lake Pend Oreille

Over 30 Acres w/3,500’ River Frontage, Paved Rd, Septic, Pwr & Ph to Rd, Borders USFS.  Under $600,000 & OWC w/20% down.

New Home & Guest Home, 40 Acres, mini-lake, $200,000

40 Acres Surrounded by USFS, $150,000 – BONUS PICK

BONUS PICK – Beautiful Lake Pend Oreille Waterfront Home and Guest Home 1.1M just minutes from downtown by car, bike, or boat.

Remember:  There are dozens of homes that are in foreclosure because they are $10,000 in arrears or less.

Tomorrow we will tell you about one of the single most asked about properties in Sandpoint.  What is it? When will go on the market?  Who will it appeal to and why?

Tags: prices being slashed, Top 5