Bank Held Inventory

At Land-Linc our focus is land, we specialize in: recorded lots, preliminary plats, and undeveloped raw parcels. Our team is well connected with the local financial institutions and works diligently to help them dispose of their real estate assets.
Each bank works a little differently, but they all have the same goal. They want to achieve the best price possible for their assets. Typically, banks have entire departments set up to manage their inventory. As a buyer's representative, we bring a wealth of information and history to the table. We are able to negotiate with the bank, on our buyer's behalf, by presenting market-based intelligence to achieve the correct price in today's market.

For more information, please contact:

Todd Britsch

Vice President
Associate Broker
425.422.5373
email

Puget Sound

Portland

We track bank held assests in four northwest regions. We know which banks have the largest land holdings and are able to pinpoint the assets located in the most desirable areas. We are the primary source for accurate REO properties.
Bank Held Lot Statistics By Region and County
Region County # of
Proposed
Projects
% of
Proposed
Projects
# of
Recorded
Projects Not
Yet Sold Out
Total Lots
Recorded Not
Yet Sold
% Lots
Recorded Not
Yet Sold
Lot Size Range Sq. Ft. (% of County Total Recorded Bank Held Lots) Median Home
List Price
(County Total)
Under
4,001
4,001 -
6,000
6,001 -
8,000
8,001 -
10,000
10,001 -
25,000
25,000+
Portland Clackamas 0 0% 9 102 10% 0% 30% 3% 56% 11% 0% $320,425
Clark 8 4% 8 48 3% 31% 35% 19% 0% 4% 10% $284,447
Multnomah 1 4% 1 1 0% 0% 0% 100% 0% 0% 0% $254,925
Washington 0 0% 3 9 1% 0% 67% 11% 0% 0% 22% $319,000
Portland Total 9 4% 21 160 4% 9% 34% 9% 36% 8% 4% $302,627
Puget Sound King 43 9% 3 3 0% 0% 67% 33% 0% 0% 0% $373,365
Kitsap 9 9% 6 73 12% 4% 15% 1% 0% 0% 79% $247,700
Pierce 36 13% 25 490 14% 7% 37% 21% 0% 35% 1% $256,448
Skagit 6 13% 3 17 2% 0% 0% 0% 0% 24% 76% $287,245
Snohomish 57 14% 3 7 0% 0% 29% 0% 0% 0% 29% $335,950
Thurston 25 20% 6 23 1% 4% 30% 30% 35% 0% 0% $269,999
Puget Sound Total 176 12% 46 613 5% 6% 33% 18% 1% 29% 12% $301,425
Salem Marion 0 0% 3 9 1% 0% 11% 78% 0% 11% 0% $209,900
Polk 1 7% 4 30 9% 0% 7% 60% 0% 33% 0% $279,900
Salem Total 1 2% 7 39 3% 0% 8% 64% 0% 28% 0% $227,400
Spokane Spokane 7 7% 5 29 1% 0% 0% 0% 0% 90% 10% $244,000
Kootenai 0 0% 0 0 0% 0% 0% 0% 0% 0% 0% $214,959
Spokane Total 7 0% 5 29 1% 0% 0% 0% 0% 90% 10% $221,900
Updated 8/2012