Bank Owned Properties

If you are currently searching for your new home, or perhaps you are interested in purchasing real estate as an investment, please review our list of bank owned properties below. All of our properties are priced to sell, and we would like to extend to you, our valued bank clients, this unique opportunity to save on these deeply discounted properties. In the current environment when financing for real estate properties is scarce, Harrington Bank is offering extremely competitive and creative financing on these properties to allow for more affordable home ownership or enhanced investors' returns. Properties include:

• newly constructed, never-been-lived-in, residential foreclosure properties
• commercial properties
• residential land

If you would like to learn more about these opportunities please call or e-mail John Lehman at (919) 945-7883 / jlehman@bankatharrington.com

                                                     UNDER CONTRACT Beautiful 4 bedroom/3.5 bath house located in Beaufort, NC.  This house is 2,346 square feet, two car garage, a pool and waterview. PRICE REDUCED to $398,500.

http://www.eddymyers.com/properties/leonda-102.htm

A 0.59 acre lot located at 101 Wassaw Court in the Twelve Oaks subdivision in Holly Springs.  This is a large corner lot and is ready to build on.  Available today for $95,000. 

Lots For Sale in the Winmore Neighborhood.  Lots 67 and 68 (under contract) priced at $130,000 each.  Lot 6 is priced at $110,000.  These lots are ready to build on - don't miss your chance to build your custom dream home today!  The neighborhood is located off Homestead Road, and is minutes away from the Carrboro Town Center, Downtown Chapel Hill, UNC, Duke, shopping, museums, music, dance, athletic events, medical services and fine restaurants.

PRICE REDUCED!!! Beautiful half acre lot in the Mountain Air development in Burnsville, NC which includes its own private runway for those property owners that have their own planes.  Also enjoy a private 18 hole golf course.  Listed at $130,000.

There are16 lots in the Crestfield subdivision in Durham available. This subdivision is conveniently located on Cook Road, just off Fayeteville Rd and adjacent to the Hope Valley Farms subdivision. Conveniently located 1 mile from I-40 and Southpoint Mall. Crestfield is approximately 50% built out with homes attractively priced under $250,000. Individual lots are offered for sale for $35,000 each. A package deal for all 16 lots can be negotiated.

We have 13 townhome lots for immediate sale in the Old Fields subdivision in Graham, North Carolina. Priced at only $19,230 per lot or $250,000 for all 13 units, these lots are in an exceptional location between Greensboro, Chapel Hill, and Raleigh-Durham. Act quickly on this deeply discounted land, as the units were originally sold in 2007 for $32,500 each.

PRICE REDUCED! Hasentree has been meticulously crafted around a spectacular Tom Fazio golf course and a 13,000-square-foot Family Activity Club, providing residents with year-round, resort-style amenities. Hasentree is located only minutes from I-540, downtown Raleigh, and Historic Wake Forest. Harrington Bank currently has four lots available for sale--0.44 acres listed for $117,500 and 0.40 acres listed for $110,000.  833 Keith Road 0.47 acres listed for $120,000.   804 Keith Road, located on a cul-de-sac is 0.60 acres and listed for $125,000.

UNDER CONTRACT Three lots in the South Lakes Community neighborhood for sale.  Lot 103, 104, and 105 are approximently .15 acres and $31,500 each.

http://southlakesliving.com/Community.aspx

PROPERTY UNDER CONTRACT. Great industrial building-flex space or assembly/church space. Recently renovated and located near downtown Durham with easy access to I-85 and Highway 70. The facility is 30,000 square feet on a 3-acre site with ample parking, one acre of fenced in, paved yard, and a covered loading area. PRICE REDUCED: $995,000, well below replacement cost, tax value, and appraised value.