What most people don’t know is that there are some fabulous foreclosed homes in these upscale neighborhoods. Is it taboo to talk about this? I’m not sure, but you certainly don’t hear the locals talk about it very much. Some folks like to think that this is just happening in urban areas at the lower end of the price spectrum.
View Lake Minnetonka foreclosure listings here.
The good news in all of this is that most of these Lake Minnetonka foreclosure listings are gorgeous, in mint condition, well maintained shoreline, and that all of them are in upscale neighborhoods that are certain to protect and progress the value of your MN lake home real estate investment.
The media would like to tell us that you can buy foreclosure properties for pennies on the dollar. Although this is a gross misrepresentation, most of these listings offer big savings and a once-in-a-lifetime opportunity.
Here are some bank-owned Lake Minnetonka homes currently for sale on the Northstar Regional MLS, as available:
Find out about Lake Minnetonka short sales
See all MN lake homes for sale at this link!
Talk of lender-mediated lender-mediated property listings will usually conjure up images of moldy walls, smelly carpet, freeze damage, and filth. There are usually a couple of holes in the sheet rock that were put there just for added effect. If this is the generalization you make, you haven’t explored foreclosed homes on Lake Minnetonka lakeshore.