Nu River Landing Condo
Nu River Landing Condo Market Update
MLS Records indicate that, through November 30, 2009, there were 24 Nu River Landing Condos sold in 2009 through Brokers. Their purchase price range was $120,000 for a Studio Unit – $390,000 for a 3-Bedroom Unit.
Of the 24 Units sold:
- 11 were Bank Owned Foreclosures ($144,900 for a 1 BR Unit – $330,000 for a 3 BR Unit)
- 9 were Short Sales ($120,000 for a Studio Unit – $390,000 for a 3 BR Unit)
- 4 were regular Sales ($145,000 for a Studio Unit – $315,000 for a 3 BR Unit)
Of the 408 total Units in the Building, 49 are actively listed for Sale. Their price range is $135,000 (for a Studio Unit) – $387,000 for a 3 Bedroom Unit. Of the 49 active listings, 3 are indicated to be Bank Owned Foreclosures, 27 are Short Sales, and the remaining Units are regular sales.
Though there has been significant Short Sale and Foreclosure activity in the Building, keep in mind that there are 408 Units in the Building and, fortunately, Financing to interested Buyers is available since there are enough Owners in the Building that aren’t in delinquent status so far as payment of their Maintenance dues and Mortgage. Additionally, Nu River Landing currently meets other Lending criteria for Financing. Click here to view additional information about Lending criteria/Fannie Mae Loan requirements.
View the property profile and listings for Nu River Landing.
Related Information: