The term “Northfield MN foreclosures” might be confusing because the word “foreclosure” is used in different ways. Sometimes the word is used to refer to homes that have sold at the sheriff’s auction, but have not passed the redemption period. Sometimes it is used merely to refer to homes that are in default. The Northfield MN foreclosures that you see listed above are indicated by the Northstar MLS specifically as “Northfield MN bank owned homes.”
A rose by any other name smells just a sweet, and these listings give you a chance to pick up a sweet deal. The banks are eager to dump their inventory of Northfield foreclosures and bank own homes and are ready to negotiate. Now, they won’t sell them for pennies on the dollar, and they won’t exactly roll over for you either. They also won’t sell it to you if there are higher bids stacked up. However, these listings offer tremendous savings for you, and this is an especially good time for rent slaves to escape to the land of home ownership.
Here are some Northfield MN foreclosures that are currently for sale on the regional MLS/IDX (Northstar MLS)
Northfield MN Foreclosures Open a Window of Opportunity
Minnesota real estate investors are also active in Northfield, so these deals might look sweet now, but flowers fade and you can bet that prices will go up as the inventory of Northfield MN foreclosures.