Boston Metro North Real Estate-Merrimack Valley
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Foreclosure and Short Sale Lists


Search for all the Foreclosure/ Bank Owned and Short Sales properties for sale in the Merrimack Valley, Essex County and Middlesex County.  Customize your search for distressed properties in any part of the greater Boston area.  If you are focused on distressed properties, contact me.  I have many tons of experience helping buyer's purchase foreclosures and short sales and understand the pitfalls you can run into.  Call Kevin at 978-360-0422 or email me now.

 

 

What is a distressed property? A distressed property is usually referring to a property that is under financial duress.  Either it is a bank owned/ foreclosed property or a short sale.  Other terms:

  • Foreclosed- A property that the bank has foreclosed upon due to a loan default.  The bank now owns the property.  Also known as a bank owned or REO(real estate owned).
  • Short Sale- A short sale is where the seller is in a situation where the property is worth less than the mortgage liens against the property.  The seller need to gain permission from the lien holder(s) to sell the property for a defeciency.
  • pre-Foreclosure- A property that is mostly going to a foreclosure auction due to non-payment of the note.

 

Are you a homeowner that may be looking at foreclosure?  Consider a short sale or other options.

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