(Brevard, NC) Exit Mountain Realty announces the first in a series of ‘Foreclosed Homes Tours’. The first tour will take place Tuesday, August 31, 2010 at 11:00 am at the Exit Mountain Realty Brevard office at 1910 Asheville Highway.
The tours are designed to be an educational experience for buyers and investors that want to buy distressed properties in this area. The current level of foreclosed, bank owned and short sale homes in Transylvania County indicate that it is not isolated from the current economic recession felt around the country. The current number of distressed properties is twenty-nine. As the numbers of foreclosed homes swell there are more opportunities for buyers to get a very good deal if they know what to look for. To help tour goers see the homes through the eyes of professional home inspector, Exit Mountain Realty has invited a local Home Inspector with Altamont Inspections, Eddie Roberts, Jr. Eddie is a licensed Home Inspector and helps discriminating buyers protect their investment dollars.
All are welcome on the Foreclosure Tours; however, the max tour goers will be limited to 25 per tour. It is suggested that all interested persons R.S.V.P. by Thursday afternoons to reserve their seat.
The tours will be led by Isaac Allen, an agent with Exit Mountain Realty. Isaac received the ‘Top Sales Award’ in 2009 with Exit Mountain Realty.
Other interesting statistics about distressed properties (not including vacant land) in Transylvania County are;
- 18 distressed properties have sold in the last 12 months. Those 18 sales represent 13% of total sales in Transylvania County.
- Of the total residences available in Transylvania County, 879 per MLS, only 3% of those properties are distressed.
WNC sales statistics;
- There were 606 distressed sales in WNC in the last 12 months. Those 606 sales represent 12.2% of total sales (4929)in WNC in the last year.
- There are 428 distressed properties in WNC today. Those properties are 4.3% of the 9884 total homes available, including single family homes, condos and townhomes.