Find Washoe County Bank Auction Homes
Foreclosure & Short Sale Homes, Notice of Default/Trustee Sale
Trying to get a killer deal on a Washoe county (Reno/Sparks) Bank Auction?
Look before you leap. The county auctioneer has been quite lonely lately as he reads off the homes the banks are trying to unload before going to foreclsoure.
Why is this?
Most homes that are going into foreclosure were either financed at 100% or more at the time of purchase or the home owner has refinanced to at or near 100%. Now, I'm talking 100% from 2 to 3 years ago. The median price for a Reno home is down 21% from its peak in 2005. If you do the math (don't even need to be precise), you'll see that all of these homes are worth less than the mortgage due.
The banks start the auction price at the amount of the outstanding mortgage(s) plus other selling costs. There are few, if any, deals to be had buying bank auction homes today. Most of these homes will be foreclosed on and re-listed on the MLS (see the list below under Related Links) at a lower price than the auction price.
All of this being said, many folks are tracking specific properties through the pre-foreclosure process which involves a Notice of Default and a Notice of Trustee Sale (which has been filed for all of the homes below). So, this information can be quite useful.
On this post, I am including the city, zip code, and scheduled auction date. If you need any further information regarding scheduled times or location for the auctions, contact me.
List of Washoe County, NV Notice of Trustee Sale Properties (Bank Auction)
| City | Zip Code | Street Address | Auction Date |
| Incline Village | 89451 | 820 Oriole Way | 3/19/2008 |
| Incline Village | 89451 | 811 Southwood Blvd | 3/31/2008 |
| Reno | 89502 | 4620 Sordi Ct | 3/20/2008 |
| Reno | 89502 | 932 Wilkinson Ave | 3/26/2008 |
| Reno | 89502 | 75 High St | 3/26/2008 |
| Reno | 89502 | 175 E Grove St | 3/27/2008 |
| Reno | 89502 | 840 Wilkinson Ave | 4/2/2008 |
| Reno | 89502 | 1625 Princeton Dr | 4/2/2008 |
| Reno | 89502 | 4355 Snowshoe Ln | 4/2/2008 |
| Reno | 89503 | 3330 Heights Dr | 3/19/2008 |
| Reno | 89503 | 3360 Barbara Cir | 3/19/2008 |
| Reno | 89503 | 1885 Severn Dr | 3/26/2008 |
| Reno | 89503 | 650 Tarn Way | 4/2/2008 |
| Reno | 89503 | 4640 Kathleen Denise Ln | 4/2/2008 |
| Reno | 89506 | 651 W Golden Valley Rd | 3/19/2008 |
| Reno | 89506 | 6865 Flower St | 3/26/2008 |
| Reno | 89506 | 7420 Riverstone Ct | 3/26/2008 |
| Reno | 89506 | 8894 Sunset Breeze Dr | 3/26/2008 |
| Reno | 89506 | 10055 Obsidian Dr | 3/26/2008 |
| Reno | 89506 | 7489 Gannon Dr | 3/27/2008 |
| Reno | 89506 | 11880 Mistletoe St | 3/31/2008 |
| Reno | 89506 | N Virginia St | 4/1/2008 |
| Reno | 89506 | 7687 Corso St | 4/1/2008 |
| Reno | 89506 | 11785 Desert Grass Ct | 4/2/2008 |
| Reno | 89506 | 9640 Silver Desert Way | 4/2/2008 |
| Reno | 89506 | 10085 Hornblend St | 4/3/2008 |
| Reno | 89508 | 17290 Sunbird Ln | 3/26/2008 |
| Reno | 89508 | 3805 Macaw Ln | 3/26/2008 |
| Reno | 89509 | 3910 Nut Tree Ln | 3/19/2008 |
| Reno | 89509 | 949 Delmar Way | 3/26/2008 |
| Reno | 89509 | 3330 Norman Dr | 3/26/2008 |
| Reno | 89509 | 3417 Skyline Blvd | 3/27/2008 |
| Reno | 89511 | 14249 Quail Springs Ct | 3/26/2008 |
| Reno | 89512 | 1995 Helena Ave | 3/26/2008 |
| Reno | 89512 | 3915 Clear Acre Ln 149 | 3/26/2008 |
| Reno | 89512 | 1890 Trainer Way | 3/26/2008 |
| Reno | 89512 | 1875 Mccloud Ave | 3/27/2008 |
| Reno | 89512 | 1975 Trainer Way | 3/27/2008 |
| Reno | 89512 | 1418 E 9Th St | 3/27/2008 |
| Reno | 89519 | 4724 Cedarhill Ln | 3/19/2008 |
| Reno | 89519 | 4125 Badger Cir | 3/27/2008 |
| Reno | 89521 | 1113 Tule Dr | 3/26/2008 |
| Reno | 89521 | 15165 Kivett Ln | 3/26/2008 |
| Reno | 89521 | 2585 Baton Dr | 3/31/2008 |
| Reno | 89523 | 1655 Painted Rock Trl | 3/20/2008 |
| Reno | 89523 | 6431 Peavine Hills Ave | 3/20/2008 |
| Reno | 89523 | 2540 Glen Eagles Dr | 3/26/2008 |
| Reno | 89523 | 7850 Peavine View Ct | 3/26/2008 |
| Reno | 89523 | 8648 18Th Hole Trl | 3/26/2008 |
| Reno | 89523 | 5370 Mountcrest Ln | 3/26/2008 |
| Reno | 89523 | 2315 Blue Canyon Ct | 3/27/2008 |
| Reno | 89523 | 1884 Cambridge Hills Ct | 3/31/2008 |
| Sparks | 89431 | 1204 E St | 3/5/2008 |
| Sparks | 89431 | 250 E Lincoln Way | 3/19/2008 |
| Sparks | 89431 | 634 Oakwood Dr 3 | 3/20/2008 |
| Sparks | 89431 | 3279 Bunker Hill Ln | 3/24/2008 |
| Sparks | 89431 | 2650 Courtland Way | 3/24/2008 |
| Sparks | 89431 | 1690 Manchester Way | 3/26/2008 |
| Sparks | 89431 | 1540 Tyler Way | 3/26/2008 |
| Sparks | 89431 | 483 Beacon Hill Ct G19 | 3/26/2008 |
| Sparks | 89431 | 505 Sawyer Way | 3/26/2008 |
| Sparks | 89431 | 2109 Greyhaven Ln | 4/3/2008 |
| Sparks | 89434 | 1077 Spanish Springs Rd | 3/19/2008 |
| Sparks | 89434 | 744 Glen Meadow Dr | 3/20/2008 |
| Sparks | 89434 | 1141 Harbour Cove Ct | 3/26/2008 |
| Sparks | 89434 | 732 Glen Meadow Dr | 3/26/2008 |
| Sparks | 89436 | 4500 Mount Bachelor Dr | 3/12/2008 |
| Sparks | 89436 | 1143 Rancho Mirage Dr | 3/19/2008 |
| Sparks | 89436 | 7270 Pah Rah Dr | 3/26/2008 |
| Sparks | 89436 | 3743 Ulysses Ct | 3/26/2008 |
| Sparks | 89436 | 7653 La Ramba Dr | 3/26/2008 |
| Sparks | 89436 | 6217 Black Cinder Ct | 3/26/2008 |
| Sparks | 89436 | 3854 Cloverbrook Dr | 3/26/2008 |
| Sparks | 89436 | 539 N Sand Crane Cir | 3/27/2008 |
| Sparks | 89436 | 7425 Aquene Dr | 4/28/2008 |
| Sparks | 89441 | 40 Webfoot Ct | 3/12/2008 |
| Sparks | 89441 | 1027 Turtledove Dr | 3/26/2008 |
| Sun Valley | 89433 | 5387 Frans Ct | 4/2/2008 |
| Sun Valley | 89433 | 5730 Bozic Ln | 4/2/2008 |
Related Topics
- Reno/Sparks Foreclosure Home - Email Alert
- Reno/Sparks real estate market trends
- Reno/Sparks home sold prices
- Reno/Sparks MLS Search
Views: 794
This blog entry currently has 7 comments posted.
Denice Itza
I was wondering why there arent any pictures of the homes to be auctioned.
estelle melendez
a house on the list is offering rent with option to buy. how do i know he still has the right to do this and that i won't lose out in a month or so?
mitch
Denice - the homes to be auctioned are sourced from the county (versus the MLS). As a result, there is not complete listing information. Some of these may be listed in the MLS - use the quick search box at the top of the screen and type in the street name (or first few characters of the street name) to see if the home is currently listed (with photos). - Mitch
mitch
Estelle - have your agent (or me) do some of the homework to ensure your interests are protected in the agreement.
Mark Miller
I am specifically interested in homes with 2 mortgages where the total value is less than $300,000 and the 2nd is at least 40% of the 1st. Is there anyway to get a data feed(s) to help locate properties like this?
mitch
Mark - you will need to get heavily into the data that the county publishes and gain access in spreadsheet form to do your analysis. I am not aware of any sources like this - especially for all homes within a county. I have seen some formats for notice of default/sale homes that provide this information in a spreadsheet. Send me an email if you have any other questions.
mitch
Denice - the information source for the notice of sale AND notice of default is the local county. The other listings come from the regional MLS (which is why there are photos and complete descriptions). Some of these homes may be listed in the MLS - you can search by street name in the QuickSearch box at the top left corner of my site to see if it is currently listed for sale. Hope this helps.