Tagged : short sales

You'll get nearly 1,800sf of finished living space in this lovely 3 bedroom, 1.75 bath ranch located in Ossman Acres on Madison's East Side, right across from Monona golf course! Just reduced to $179,900 from $189,900, this home features a charming enclosed porch, living room with free-standing wood-burning stove & huge new bay window, eat-in kitchen with full suite of appliances, main floor family room (or formal dining room) with built-ins, and spacious finished lower level playroom and 3/4 bath. In addition there are beautifully refinished oak hardwood floors throughout and many updates including all new windows throughout ('04), new vinyl siding ('04), a new water softener ('06), new water heater ('06), new roof ('07), Heil furnace, and central air.

Good grief! Is this market nearing a bottom or what?!

Of all the Madison homes for sale currently on the market, this cute bungalow at 2661 Hoard St has got to be one of the best deals around. The price on this adorable Eastside starter home has just been slashed another $10K to a mere $124,900!! This is a terrific price for a charming, yet spacious, two bedroom house in a great neighborhood. Although there's no garage, the City of Madison's zoning department says you can put a driveway right up to the property iine of the adjacent property to create off-street parking. Plus, this house has two bonus rooms in addition to the living room, eat-in kitchen and two bedrooms because the property has an addition in the back. The addition had the effect of

Lake & City Homes is pleased to announce a new tool for daily updates of Madison WI distressed property, including all Madison  short sales, foreclosures and REOs (bank-owned properties). Although the foreclosure rate in Wisconsin is considerably lower than states such as FL, NV, MI, OH, IL, and CA, Wisconsin still has a ready supply of distressed properties for those looking to pick up a good deal. According to RealtyTrac, the foreclosure rate for Madison is 8,749 in the nation. There were 103 foreclosure filings in Madison for the month of January 2009. There are currently 190 foreclosures in Dane County.

Although Wisconsin's foreclosure rate is rising, it is considerably lower than other states due to far fewer sub-prime and Alt-A loans being made