South Kingstown RI REO and Bank Owned Homes for Sale

South Kingstown RI REO and Bank Owned Homes for Sale

 

Currently there are four (4) REO or Bank owned homes for sale in South Kingstown RI as compared to the 192 homes not in distress and on the real estate market right now.

Bank owned and REO properties are homes that have already gone through the short sale process.  Bank owned/REO properties are a small percentage of the active homes for sale in South Kingstown at present.

South Kingstown is another waterfront community bordering the Atlantic Ocean as well as a number of wonderful ponds within its boundaries.  It is also the home of the University of Rhode Island which is located within the village of Kingston.  The opportunity to buy a South Kingstown REO property and renovate it for rental use to URI students might be a consideration too.  Do you want investment property or owner occupied property?

The following are the REO/bank owned homes, locations, acreage,  square footage of living space, days on market, multiple listing numbers and price points for these homes:

1) 32 Greenwood Drive, 986 sq.ft ranch on 1/4 acre-connected sewer & water…$225,750…MLS # 982873…Days on Market: 20.

2) 1685 Kingstown Road, 960 sq.ft. home on 1/4 acre-connected sewer & water……$147,900…MLS#980730…Days on Market: 67..

3) 169 High Street, 1008 sq.ft. home on 1/4 acre-connected sewer & water…$144,900
MLS#972393…Days on Market: 188.

4) 3701 Post Road, 1808 sq.ft. home on .6 acre- well & septic…$129,900…MLS#982457…Days on Market: 25.  This property has a contract on it that is not executed as of yet.

These REO homes present unique opportunities to buy into a home at a good price or at least to negotiate from the current sales price.

If you are a homeowner experiencing a hardship, loss of job or medical emergency that is or will prevent you from keeping current on your mortgage, please call me NOW at 401-529-7849.  I work with a real estate team that can help you through this process!

If you have interest in South Kingstown REO or bank owned homes for sale, please give me a call today at 401-529-7849.  South Kingstown RI REO or Bank Owned Properties for Sale.

Other posts on REO Properties:

North Kingstown RI 02852 REO or Bank Owned Properties for sale

 

Ginny Lacey Gorman is your go to real estate for homes for sale in North Kingstown RI real estate and beyond…knowing the geographic area, schools, happenings, important tidbits of local information and businesses well. If you are looking for someone to guide you through the home buying or selling process, Ginny is a licensed agent and would be happy to assist you.

Waterfront, oceanfront and coastal RI homes for sale are her specialty but all of RI is her backyard.  When you are in need of more information from an internet savvy marketer who sells RI houses in this real estate market, call Ginny at 401.529.7849.

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