Rhodes Ranch Foreclosures

Rhodes Ranch Realtor
Nathan Petrosian 

Welcome to Rhodes Ranch! My name is Nathan Petrosian and I specialize in Real Estate located in the Rhodes Ranch community. Take a look below for more information and listings. Feel free to contact me anytime!

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Rhodes Ranch Foreclosure Information

Typical foreclosure homes in Rhodes Ranch are properties built in 2004-2006 and sold in a very high market. Most homeowners used exotic mortgages to finance their purchase, including short term adjustable interest only mortgages and negative amortization products. With the price correction in the 2007-2008 those homeowners found themselves unable to keep up with mortgage payments and defaulted on their loans. Those properties are generally in a good condition, and if priced right, attract a lot of interest. Most foreclosure listings in Dec 2007 – Jan 2008 have been sold to the highest offer of 3-6 bidders, within days of the price reduction and often at above asking price.

Rhodes Ranch Community Map