Realty Trac reported that foreclosure activity in May, 2009 was down 16% from April, 2009 and down 35% from May 2008.  North Carolina ranked 26th in the country for foreclosures in May.  Five counties were responsible for 68% of the activity with Guilford County and Forsyth County being ranked 3rd and 4th respectively in the state.  Guilford County had 284 foreclosure filings and Forsyth County had 229 properties with foreclosure filings.  On the Triad MLS, there are currently 188 active REO’s in Guilford County, and 156 active bank-owned, REO, foreclosure listings in Forsyth County.  This would include Greensboro, High Point, Winston Salem, Kernersville, Clemmons, Lewisville, Pfafftown, Walkertown, and other communities in these counties.

Read the entire report at the link below
 http://www.realtytrac.com/ContentManagem…

As always, if you have any interest in foreclosure properties in the Winston Salem and Triad areas or other properties in the Triad, please give Tony Green, Realtor a call at 336-287-4423 or shoot him an email (listed on primary website).

Wonderful custom built brick home with many special details. Master on main level, four bedrooms plus a bonus room upstairs. There is a screened porch overlooking the patio and large yard.  Priced at $567,500 with a tax value of $677,300.  This foreclosure won’t last long!  Call Tony Green, Real Estate Agent at 336-287-4423 to see this home or make an offer.

7359 Henson Forest

Here is a 3 bedroom, 1 bath home at 1501 S. HOLDEN RD. in Greensboro, NC that is listed for $74,900.  The square footage is approximately 1252′.  This foreclosure needs some work, but is very convenient to I-40, shopping at Four Seasons Mall, and has commercial potential.  The home was built in 1949, sits on .23 acre and has a tax value of $78,300.  The estimated repairs are $15k – $20k with an after repair value of $111,000.  Call Tony at 336-287-4423 to see this piece of Greensboro real estate.