Builder Blowout Sales & Bank Owned New Homes

Many builders in the pacific NW region are one missed payment away from loosing it all or filing bankruptcy. There are many developments ripe for the picking. Banks are allowing builders to short sale entire developments to move inventory at amazing prices.

There is special financing available at unbelievable rates and terms. The banks holding the mortgages on these projects are motivated to move their construction loans to permanent financing. They cannot lend more money or sell the notes until they do this. You can imagine how motivated these banks are. In many cases, we have seen buyers purchase million dollar homes with 0-10% down. To top it off, they didn't pay mortgage insurance and received conforming rates!

We work closely with many of the regional banks that are "force liquidating" and foreclosing on entire developments. The discounts range from 15%-35% off the original pricing.

Due to the sensitive nature of these distressed sales, we ask that all buyers be pre-approved. If you are not pre-approved, we can help you qualify for special ZERO down financing at super low rates.

For the full list of Builder Blowout Sales & Bank Owned New Homes and/or a FREE home tour, please fill out the form below or call 1-888-628-9995 (9am-5pm Mon-Sat).

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Finished New Homes

Finished & Unfinished Custom Homes

Luxury Condo Projects

Builder Blowout Sales & Bank Owned New Homes are probably one of the best ways to find solid deals with little or no issues. Foreclosures and most short sales are re-sale homes. This means that they have been lived in and most likely have some wear and tear. If a seller lost a home to foreclosure, it is not likely that they were able to keep up with maintenance.

Foreclosure properties that are 40% off today’s value need at least 8 to 15% in fix up costs. Compare a foreclosure to a brand new builder blowout sale at 20-25% off of today's value. There is no work needed for a new home and in some cases they are still under warrantee. Keep this in mind when you are calculating the true value of a discount.

Builder Blowout Sales & Bank Owned New Homes in Greater Seattle
Builder Blowout Sales & Bank Owned New Homes in Greater Bellevue