This property is Real Estate Owned, or REO. The property was foreclosed and repossessed by a lender when the owner failed to make payments. A bank is now the owner. Since banks are not in business to own homes, they are usually interested in selling foreclosed homes quickly at attractive low prices. A list price is published but reasonable offerscan be submitted for consideration. Offers can be submitted through the official Listing Agent but in some cases, no agent is listed and offers can be submitted the bank owner directly.
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$183600
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30 Cross Ln for Sale
Frederica, DE
Aug 21, 2023
Squatter moved in during Covid and currently occupies the home, owner moved away and started the eviction process but never followed through. House will have to be sold sight unseen, drive by only. Both the land and manufactured mobile home are owned, walking distance to beach and pier, quiet neighborhood , out of flood zone.
