Foreclosures

Mammoth Real Estate  | Active Bank-Owned Properties on the Market

As of September 21, 2014, Mammoth Real Estate has a total of 6 REOs (bank-owned properties) listed for sale in Mammoth Lakes.  To view current bank-owned properties in Mono County that aren't yet listed for sale, click on this RealtyTrac link.  Although there is a substantial amount of bank-owned properties, which aren’t on the market yet, the banks are holding onto their inventory of REOs and releasing them for sale a few at a time.  As the market continues to show signs of improvement and a steady increase in property values, the trickle of REOs/bank-owned properties will continue to appear. 

Aspen Creek #308 REO | $224,900.  This bank-owned condo at the Aspen Creek condos complex is located adjacent to the Juniper Springs Lodge Resort in the building closest to the ski slopes.  Aspen Creek #308 is a 1-Bedroom & loft, 1.25-bath condo, with 1,079 square feet, and assigned underground parking for 2 cars.  The unit has some upgrades, such as slate tile floors in entry, kitchen and deck, closet built-ins in loft closet.  This unit is in great condition, and with 95 days on market, can be a great buy for someone looking to be at or next to the ski slopes in this price range.  This listing has been reduced...