Note: These lists are updated daily.
Here are some Edina condo and townhome short-sale listings or possible short sale-listings that are currently posted on the Northstar Regional MLS system (as available:)
Explore Edina townhomes and condos that are currently in foreclosure (as available on the Northstar Regional MLS/IDX:)
Check out some bank owned Edina condos and townhomes (as available on the Northstar Regional MLS/IDX:
The phrase “Edina real estate” conjures up images of a country club lifestyle with a high quality-of-living standard. It hardly brings ideas like “distressed properties,” “short sales,” “foreclosures,” “bank-owned” or REO properties. Without having done much research on this, I would venture to say that the number of lender mediated listings is much less than it is in other communities. This is certainly the case for Edina condo foreclosures. In fact, if you are looking for lender mediated townhouses and condominiums in this city, there is “slim pickin’s.” At the time of this post, there were only six of them on the Edina MLS/IDX system. With investors and other “bottom-feeders” on the prowl, I would not expect this sort of inventory to increase in the near future. Real estate investors are buying these kinds of properties up because they can cash flow them, as well as create future value. Edina is one of those real estate markets that tends to hold value, and enjoys a more-or-less permanent demand because of its amenities, school system, convenient location, and reputation for quality living.
At the time of this post, there were only four Edina condo foreclosures available, according to the MN MLS IDX system. If you would like to be the first to know about new listings of this type, please give me a call at (612) 296-0007.
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