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Mobile Home Foreclosure

Manufactured House for Sale in Penrose, Colorado

Sale Price: $82,072

Mobile Home for Sale

(Distressed)
This property is in default, REO or in foreclosure.
Home Area: 1,216 sqft
Lot Size: 1,216 sqft
Model: 1998
Status: Active
Property ID: 860381
Partner ID: 390238388
Posted on: Sep 17, 2017
Updated on: Aug 16, 2018
Price: $82,072

Property Description

This property is Real Estate Owned, or REO. The property was foreclosed and repossessed by a lender when the owner failed to make payments. A bank is now the owner. Since banks are not in business to own homes, they are usually interested in selling foreclosed homes quickly at attractive low prices. A list price is published but reasonable offers can be submitted for consideration. Offers can be submitted through the official Listing Agent but in some cases, no agent is listed and offers can be submitted the bank owner directly.