Florence Oregon Foreclosed Bank Owned Homes There are 13 foreclosed bank owned homes listed on the MLS right now, much fewer than before. Even though that's a small number, the selection is quite varied, offering Buyers just about everything by way of location, price and amenities. The least expensive is $79,050, a fixer on .24 acres north of the Florence city limits. Even though it's right on highway 101, it's worth looking at as an income property or two family living since Lane County has it listed as a duplex. It's been added onto over the years since it was built in 1944. The most expensive is $390,000, a brand new custom home, never lived in, over 3,000 square feet, located in the south lakes area with a seasonal peek of a beautiful coastal lake. In between are two river front properties, one in Mapleton and one in Florence, both nearly new, priced at $227,000 and $225,000 respectively. There's one home that is lake front--there's a steep path to the lake--with a shared community dock, 2,400 square feet, two separate living areas, older home (1973) but mostly updated. It has a strong financial record as a vacation rental so this one would make a good income property. If you want some elbow room, there are two or three homes on large lots, about half an acre. And if you need bedrooms or two family living there are three homes that fit the bill. There's even one condominium for sale for $99,800, two story, close to Peace Health Hospital. If you're interested in purchasing a bank owned property in Florence, Oregon, recently name one of eight coastal towns that are bargains for real estate by "Where to Retire" magazine, the time may be now or never. www.oregonflorencerealestate.com, www.twitter.com/Florence_OR
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