(Word of Wisdom from your Realtor -  In addition to REO (Bank Owned) properties, there are GREAT Deals out there if you look hard enough.  I will be able to help you to find the best deal and best house in Marin and Sonoma county for you, Bank Owned or Not!Come back for a new Blog 'Tale of a Short Sale', about my client's latest Short Sale purchase, which hopefully I will be able to post within a day or two) 

Single Family Homes, Farms and Ranches are in one link; and Condos/Townhomes are in another link.  Note that the link expires in 30 days (Per MLS rule).

Marin County Bank Owned Single Family Homes   Marin County Bank Owned Single Family Homes (Updated 06/06/09)

It has been close to four months since I last (02/20/09) posted Marin REO proeprties - taking care of my clients tends to get in the way of posting online.  However, never hestiate to email me if you need current info.

Many homes went into escrow since March for quite a few reasons:  Obama Stimulus plan gave optimism in the market as a whole; first time homebuyers taking advantage of the up to $8,000 tax credit from the government, interest rate was the lowest (4.875% for 1 pt., 30 year conforming... although inching up) for a long time, consumers believe the market has hit the bottom (as evident by many multiple offers recently), lenders are open to loan modifications (we have heard quite a few successful loan modifications), short sales are getting easier to approve, less stress for buyers, and much more.  

The most famous, but oh, so accurate line is: "The Bottom of the Market is hindsight" - You only find out you have reached (actually, passed) the bottom of the market is when you look back.  Don't be the one who missed out on the opportunity.

• 16 Active - Best Deal - Check out Sun Lane property in Novato; over 1/2 acre lot. Sold in 2004 in original condition for close to $900K.  Gorgeous location in Pleasant Valley.  The owner completely remodeled the house and the house is now a bank owned property for $629K - as another agent in my office said; this is a screaming deal!!! 
• 29 Pending
• 7 sold between 02/20/09 and 02/28/09
• 14 Sold in March
• 13 sold in April
• 22 sold in May 
• 2 closed since June 01/09.

Changes between 02/20/09 and 06/06/09 for:

Marin County Bank Owned Townhomes / Condos Marin County Bank Owned Townhomes / Condos

90 Total Listings - 

• 18 Active
• 19 Pendings
• 4 SOLD between 02/20 and 02/28/09
• 18 Sold between 03/01 and 03/31/09
• 18 Sold between 04/01 and 04/30/09
• 11 Sold between 05/01 and 05/31/09
• and...  2 Sold since June

READY TO BUY (or not quite yet?)  Call your trusted Realtor to give you personalized updates... This is our profession and we should NEVER be TOO BUSY to help you!