Foreclosures in Chaska, Minnesota

R.E.O. (Real Estate Owned)

Real Estate Owned (REO) properties have been auctioned with no bidder or the minimum bid not met. An REO property is a non-performing asset the lender must now sell.

Unbelievably, these properties may not yet be listed for sale. Contact the lender to found out more, and while you're on the phone - find out if they have any other properties that they need to get rid of. Read more about profiting from bank owned properties.

Cherita Dr Chaska, MN 55318 Single Family Residence Published on 2/11/2009 4 Bedroom, 3 Bath, 1,302 Sq Ft Market Value Unknown

Park Ridge Dr Chaska, MN 55318 Single Family Residence Published on 2/9/2009 4 Bedroom, 2 Bath, 1,076 Sq Ft Market Value Unknown

Pre-Foreclosures

A pre-foreclosure notice indicates that the owner has missed at least one payment. Based on state law, the owner has from 3 weeks to 12 months to remedy the problem, which may include selling the home. Failure to do so will result in a scheduled public foreclosure auction.

A pre-foreclosure opportunity is found by locating owners who are motivated to sell. If there is equity in the home, there is also an opportunity to make money. If there is no equity, you can approach the owner with a short sale offer. Read more about Foreclosure Investment Training

Hundertmark Rd Chaska, MN 55318 Miscellaneous Published on 12/13/2009 Bedroom, Bath, Unknown Sq Ft Market Value Unknown

Stoughton Ave Chaska, MN 55318 Miscellaneous Published on 7/2/2009 Bedroom, Bath, Unknown Sq Ft Market Value Unknown

Auctions

Auction properties are those where the owner has failed to remedy the default. The lender will set the opening bid as the unpaid balance plus penalties and fees for the defaulted loan. The lender may opt to start bidding below the amount owed. Auction dates can and often will be postponed by mutual consent.

Foreclosure auction opportunities increase the urgency for the owner to sell. Short Sales, Equity Purchases and buying at auction can all be profitable to knowledgeable investors. Read more about profiting from auction properties.

Millpond Ct Chaska, MN 55318 Single Family Residence Published on 10/25/2011 2 Bedroom, 2 Bath, 1,244 Sq Ft Market Value $109,000

Stoughton Ave Chaska, MN 55318 Single Family Residence Published on 10/14/2011 2 Bedroom, 1 Bath, 1,566 Sq Ft Market Value $118,000