Foreclosure Properties in Livermore Falls to Be Managed by Real Estate Agent

May 12, 2025 - 09:18

In a recent development, several foreclosed properties in Livermore Falls will now be listed with a real estate agent after attempts to sell them through sealed bids failed. The decision comes as local officials seek to streamline the sale process and ensure these properties find new owners in a timely manner.

The sealed bid process, which was initially hoped to attract potential buyers, did not yield the expected results, prompting the shift to a more conventional real estate approach. By working with a licensed agent, the town aims to leverage their expertise in the market to effectively promote and sell the properties.

This move is seen as a necessary step to rejuvenate the local housing market and address the challenges posed by vacant and foreclosed properties. The real estate agent will be tasked with marketing the homes, conducting showings, and facilitating the sale process, ultimately benefiting both the community and prospective buyers.