3580 carnes memphis tn

Local Information. New Local Information. This property is not currently for sale or for rent on Trulia. The description and property data below may have been provided by a third party, the homeowner or public records.

Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers 30 to 60 percent less than market value! Home Details for Carnes Ave. Interior Features. Stories: 1. Interior Details. Number of Rooms: 5.

Exterior Features. Exterior Home Features. Property Information. Year Built. Year Built: Lot Information. Lot Size: 7, sqft. See Less home details. Price History for Carnes Ave. Public Records. Property Taxes and Assessment. Home facts updated by county records. Price Trends. For homes in Price trends provided by third party data sources. Comparable Sales for Carnes Ave.

Property Type. Single-Family Home. Assigned Schools. These are the assigned schools for Carnes Ave. Melrose High School. GreatSchools Rating. Parent Rating Average. No reviews available for this school.

Sherwood Elementary School. Parent Review 6y ago. Sherwood Middle School. Sherwood,middle is about the worses! I,am a witness! Parent Review 8y ago. Check out schools near Carnes Ave. Neighborhood Overview. East Memphis-Colonial-Yorkshire.

See Local Highlights. Neighborhood stats provided by third party data sources. At least Trulia users voted on each feature. Car is needed. There are sidewalks. Yards are well-kept. It's dog friendly. Parking is easy. There's holiday spirit. Streets are well-lit.

Kids play outside. They plan to stay for at least 5 years. It's quiet. It's walkable to restaurants. People would walk alone at night. It's walkable to grocery stores. Neighbors are friendly. Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible.

A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:. Foreclosed properties can represent excellent opportunities to acquire real estate at bargain prices. But in order to take full advantage of these opportunities you must have all your information and take an organized approach to finding and acquiring foreclosed properties.

Find the location and property that interests you, work with the Realtor and closing agent to learn all you can about the property, and make your offer based upon good information and research. Toggle navigation.

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Get Started. Nearby Foreclosures. Memphis Foreclosures. Memphis Rent To Own. Memphis Cheap Homes. Therefore, when banks foreclose on HUD-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at super low prices to the public.

HUD houses are among the very best deals in real estate today and, accordingly, don't last long on the market. Act fast! First Steps to Buying a Foreclosure Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. In order to take advantage of foreclosed properties there are some basic steps to be followed: Read more Steps as you search for your foreclosure property: If foreclosure is complete, the property will be listed with a Realtor, in which case you can have an open line of communication about the property as well as the opportunity to inspect it.

Contact the listing broker and ask for an appointment to see it. Schedule a walk through. While in the area scout out the neighborhood to make certain the surrounding area suits your needs. If foreclosure is not complete you may be able to get the information you need about the property either from the owner or the lender.

Consult with a professional real estate appraiser. Through their years of familiarity with the property and the neighborhood, appraisers and real estate professionals can supply background on property and neighborhoods.

Get them to give you a ballpark estimate of the property value. If the property needs repair work, have a recommended contractor give a detailed estimate of each job that must be done.