Cheap Farmington MN Foreclosures and Bank-Owned Homes for Sale

Filed in Minnesota Real Estate by on October 9, 2009 0 Comments

Check out these Farmington MN bank owned (REO) homes for sale:

See all of the Farmington MN foreclosures listings and bank-owned properties (while available.) Also, check out Farmington MN short sale listings.

Farmington MN real estate…. the final southern frontier for the Twin Cities MLS market…where other budget-minded Minnesota homebuyers have gone before.  Seriously, Farmington is on the outer limits of the metro area, and is affectionately called an x-burb by those who consider it still close enough to Minneapolis to commute (it really is) and who want to save big money on a foreclosure listing by driving an extra ten minutes or so.  Hey, it’s a nice drive, so why not? Besides, Farmington is not exactly a one-stoplight town.  Sure, you might still see a feed-and-seed store, but shopping facilities are good, and the school district is undisputedly one of the best in the entire state.

Great Bargains on Farmington MN Foreclosures

If you really want some lender mediated home-buying action, this Dakota County MN community is the place to be.  There are some brand-new homes bearing oudated listing descriptions that say “not a short sale… buy at foreclosure prices,” etc, but if you look more carefully at the mls data sheets, you will see a note that says “lender-owned.”  Brand new Farmington Minnesota homes that are bank-owned… does it get any better than this?  There are a few Farmington MN “short-sales” opportunites as well.  In fact, at the time of this post, you can buy a nice 3,000 square foot two story home with a three car garage for under 300K!

The links on the top of the page from the Farmington MLS/IDX system might not display every single short-sale or REO listing available.  Call for more comprehensive information.

Tags: ,

Leave a Reply

Your email address will not be published. Required fields are marked *