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Find Washoe County Bank Auction Homes

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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

 

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Date: Wednesday, March, 19th 2008 @ 08:03:06 PM
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This blog entry currently has 7 comments posted.

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.

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.

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