St. Paul MN Foreclosures
Find the newest foreclosure homes for sale and real estate listings in St. Paul, MN below! Remember the recession? How can any homeowner forget that period? When the housing and job markets crashed, millions of Minnesota homeowners struggled to pay their house payment every month. In fact, in 2008 alone, 26,000 Minnesota homeowners dealt with foreclosure. Today, the crisis is over and the St. Paul housing market once again offers good value and affordability. While St. Paul foreclosures have slowed to a trickle, however, they are still out there. Kris Lindahl is the area expert on the distressed home sale and purchase process and the go-to agent in Saint Paul Minnesota for underwater homeowners. If there’s a foreclosure in a Saint Paul neighborhood, chances are good he knows about it. Get exclusive information about foreclosure properties below, or to schedule a home showing today - contact your St. Paul real estate specialists now!
Foreclosure Properties For Sale in St. Paul
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Kris Lindahl Team members have advanced training and extensive experience with Minnesota foreclosures. Feel free to contact us if you have questions about this aspect of the real estate market and we’ll be happy to guide you through the process of purchasing a foreclosure.
St. Paul Foreclosed Properties
St. Paul foreclosures are homes that the lender repossesses when a homeowner is in default on the mortgage. The lender then owns the property – something it neither wants nor is equipped to handle.
Lenders call their inventory of foreclosed properties “REO,” for “real estate owned.” Their main goal is to liquidate this inventory as quickly as possible, which offers some phenomenal opportunities for budget homebuyers as well as investors.
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The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Kris Kindahl - Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Kris Kindahl - Real Estate is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Kris Kindahl - Real Estate, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Information deemed reliable but not guaranteed.
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Listing information last updated on April 18th, 2021 at 10:21pm CDT.