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Perrysburg Blog

How Many Foreclosed Houses In Perrysburg?

May 11th, 2009 . by Jon Modene

There really is no accurate answer to that question.

There should be – but there is not.

What does “foreclosed” mean?

Is being already run through the Sherrif Sale in Bowling Green . . . . is that foreclosed?

What about homes that the owner has walked away from?

Homes that are foreclosed but no new deed has been prepared/recorded?

Homes that have an owner who has decided not to walk away, but to simply not pay anymore on the mortgage.

“Foreclosed”.  Simple word – many uses.

Right now there are hundreds of “foreclosed” homes in Perrysburg (city and township).

grab1

But there are just6 that are for sale on the MLS:

-10760 Avenue Road

-24230 Luckey Road

-7422 Starbright

-7296 Winding Brook

-24918 Fort Meigs

-1802 Whispering Way

-7315 Starlawn

As always, you can find all of the Perrysburg REO (“real estate owned” – aka bank owned) on my bank REO Google maps/MLS mash up at www.ToledoBankOwned.com

6 active MLS listings.

With many, many more to come.

Why?  How?

You might want to read the sad and troubling article in this weekend’s Washington Post about the loss of good jobs in Northwest Ohio, specifically in Perrysburg.   These foreclosures are the result of our jobs and economic policies.

Until those change . . . expect more tears.