The South Bend-Mishawaka MLS today added a requirement that listing agents disclose when a property is a foreclosure. It is a mandatory and searchable field. Previously the best way to find them was to search for hints such as an owner name “CORP” or “bank owned” in the remarks.
All new listings will have this information, as will all existing listings that are updated. That means as sellers make price cuts, update photos, or other changes, these listings will be updated with the information if it’s a foreclosure. As I write this, there are only 6 results returned for a search for properties designated as foreclosures, but it shouldn’t take long for this to become a useful way to search for foreclosed homes in South Bend.
It’s better than realtytrac because the listings are all currently for sale, not from months ago. And it’s free.
I’ll look for a way to create a live and permanent link to the foreclosures in the South Bend – Mishawaka MLS, but if you want a list now, just e-mail me: nick@realst8.com.
I’d be interested to hear your take on the new Ivy Quad “townhomes” project. I looked at their website and the floorplans and how the units stack is, well, odd. Any thoughts on this especially at those price points and how it competes with Eddy Street Commons? Are the same people behind Keenan Court townhomes too which is a nice project but in the wrong place at the wrong price since sales have never taken off in 18 months. Your thoughts?