There are new foreclosure listings hitting the market every day. Recently a number of them have been condos, and some of them not new listings, but rather big price reductions. Here are 5 REO condos currently on the market that are listed below $95,000:
2564 Branch St #3 – $64,900. 2bed/1bath condo in Middleton. Sold for $62,000 in 2000.
201 Kearney Way #306 – $69,900. 10 year old 2bed/1bath condo in Waunakee. This has actually been on the market since October, but price was just dropped $10,000. 201 Kearney Way #305 is basically the same, and it was an REO listing that sold for $73,000 in January.
1321 Tompkins Dr #A – $76,000. 3bed/1.5 bath townhouse style condo on the east side of Madison. 1242 finished sq ft, central air, private laundry. It is assessed at $146,500.
4502 White Aspen Rd – $89,900. 3bed/1.5 bath 1/2 duplex with 1-car attached garage, located on far north side of Madison. Price just dropped $15,000! Sold for $90,000 in 2000. Assessed at $140,000.
847 Hemlock Dr – $92,519. 3bed/2.5 bath townhouse style condo with 2-car attached garage, located in Verona. Needs some TLC. The price was reduced about $26,000 on April 22nd! Sold for $126,500 in 2001.