Serving Bellingham & Whatcom County
Serving Bellingham & Whatcom County
Coldwell Banker Bain
Tom DeRose :: Wireless: 360-220-9355 :: Email: tderose@coldwellbankerma.com

Distressed Properties for Sale in Whatcom County

Posted on July 15, 2011
In June, 2011, there were 110 homes listed as short sales*, and 52 listed as foreclosures**, for a total of 162 distressed properties listed out of 1652 total listings. So, 10% of all listings in June were distressed.
 
*Short sales are sales of homes with an asking price less than the mortgage amount, and the seller is having difficulty making payments.
 
**Foreclosures are sales of homes that are owned by a bank or other lender. The bank foreclosed on the owner and took possession of the home.

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