13,061 Homes Offered For Sale on Countrywide Financial's Website

Total Asking Price: $2,732,925,903
(As of October 16, 2007)


Source: http://www.countrywide.com/purchase/f_reo.asp

Click on state below for detailed listings.

State	Count	Total Asking Price($)	Average Asking Price($)
AK	10	2,870,000	287,000
AL	132	13,330,000	100,985
AR	28	2,846,300	101,654
AZ	380	92,785,800	244,173
CA	3,212	1,146,934,257	357,078
CO	407	72,206,700	177,412
CT	79	18,502,400	234,208
DC	15	4,254,500	283,633
DE	14	3,513,600	250,971
FL	801	189,112,250	236,095
GA	655	86,221,600	131,636
HI	27	10,997,300	407,307
IA	45	3,631,834	80,707
ID	15	2,296,106	153,074
IL	363	57,452,150	158,270
IN	332	20,897,000	62,943
KS	62	5,343,800	86,190
KY	76	7,809,300	102,754
LA	52	5,924,900	113,940
MA	345	75,775,100	219,638
MD	129	42,404,400	328,716
ME	2	197,800	98,900
MI	1,562	111,654,170	71,482
MN	374	59,685,550	159,587
MO	314	30,835,774	98,203
MS	118	10,529,305	89,231
MT	6	1,559,400	259,900
NC	164	18,404,000	112,220
ND	4	366,600	91,650
NE	34	2,625,700	77,226
NH	70	15,916,820	227,383
NJ	79	22,670,300	286,966
NM	10	1,446,000	144,600
NV	599	188,316,650	314,385
NY	119	25,410,700	213,535
OH	677	38,970,949	57,564
OK	48	3,691,400	76,904
OR	32	7,254,800	226,713
PA	136	12,918,300	94,988
RI	55	11,200,600	203,647
SC	47	5,085,400	108,200
SD	9	1,276,100	141,789
TN	193	19,933,699	103,283
TX	583	88,135,299	151,175
UT	14	3,427,600	244,829
VA	477	159,030,200	333,397
WA	63	15,725,700	249,614
WI	63	7,095,790	112,632
WV	26	3,884,400	149,400
WY	4	567,600	141,900
Total	13,061	2,732,925,903	175,194

CFC Asking price on October 8, 2007 was $599,900 for a California REO property shown on the chart above. The error on CFC's website is about half a billion too much for this house! I’m assuming Countrywide's intention was to drop the price to $574,900 from $599,900 instead of raising it over half a billion dollars to the $574,900,000 asking price.

Please consult Countrywide Financial for the correct price if you are interested in purchasing this property. All data provided here is AS IS. This blog is not affiliated with Countrywide Financial. :)

Update 10-17: (Hat Tip to Ace) Yet another rather important error on Countrywide Financial's REO Website: Incorrect Contact Phone Numbers
I would guess that CFC's listing agents will not be receiving many phone calls for the 13,000+ REO's listed on CFC's website since all contact phone numbers are wrong! The first three numbers of the last four numbers on all numbers are repeated. Click on screenshot below, the errors are highlighted in red.




Update 10-19: Countrywide has fixed both errors shown above.

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