Chattanooga,TN Foreclosure Listings and Properties

Homes at Unbelievably Discounted Prices

Chattanooga real estate listings auctions currently feature 648 foreclosure listings and properties that are up for sale in the next few days. These properties have the median listed price of just $74,119. That’s among the best offers that prospective homebuyers have at the foreclosure auctions in various other US cities and towns. You cannot afford to let such an irresistible opportunity pass you by. A further analysis of a snapshot of the Chattanooga real estate market would confirm the foregoing conclusion. The Chattanooga property auctions also include 1,374 other FSBO homes on sale bearing the median listed price of a substantially higher $173,500. This effectively means that the foreclosed homes are selling at an amazing discount of about 60 percent over other properties selling at market-determined prices. The single new home figuring in the Chattanooga property auctions has a quoted price of a relatively exorbitant $249,900. Hence, aspiring buyers in Chattanooga have it just made for them and are naturally queuing up at the foreclosure auctions to utilize this once-in-a-lifetime-chance of grabbing gorgeous homes at throwaway prices.

Chattanooga is the seat of Hamilton County in the US state of Tennessee. Nicknamed “the Scenic City”, Chattanooga is the fourth largest city in Tennessee State, next to Memphis, Nashville and Knoxville. The city is located at the junction of the Cumberland Plateau and the Appalachian Mountains and hemmed in by hills and ridges.

Hamilton County is among the few counties in the US to border 10 other counties. These adjacent counties are Bledsoe County, Sequatchie County, Rhea County, Marion County, Meigs County, Dade County, Bradley County, Walker County, Whitfield County and Catoosa County. Chattanooga has the following cities and towns among its suburbs: Birchwood, Walden, Collegedale, Soddy-Daisy, East Brainerd, Signal Mountain, East Ridge, Sale Creek, Fairmount, Ridgeside, Falling Water, Red Bank, Georgetown, Ooltewah, Harrison, Middle Valley, Hixson, Lupton City, Lakesite and Lookout Mountain.

The foreclosure auctions in Chattanooga have become intensely popular among the prospective homebuyers. The unbelievably tempting prices are only the first of the attractions that the seized homes hold.  The auctioning agencies are trusted by the buyers for the clear titles of the properties and the transparent and fair auction procedures. Indeed, aspiring buyers of houses have increasingly started regarding the ongoing foreclosure auctions all across the US as their first choice for home-hunting.

Get Professional Counsel before Investing

The Chattanooga real estate market has scores of real estate agents actively guiding buyers in their home choices and investment decisions. The agents are well acquainted with the local terrain. Hence, the buyers naturally turn to them for counsel on the homes to select and the regions the most livable to settle in. Darlene Brown, Barry Wild, Jeff Jennings and James G. Fitzpatrick count among the leading property brokers who operate in Chattanooga. A competent agent is one who remains abreast with the various macro economic developments and trends that impact the housing sector as well. No buyer is inured from the larger economic picture, and there are millions of government foreclosures in the US to prove this. Hence, you ought to invest at the Chattanooga property auctions only in due consultation with a veteran agent.

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