For most homes, having the priced dropped $50k could mean many things and in most cases it does not mean it is a SCREAMING DEAL like this one.
FIRST TIME LISTED SOLD IN LESS THAN A WEEK
When we first listed this home for sale on July 24th, it got a near full price offer within a week. It took another week to execute the offer with the bank. It was a well priced home and it deserved close to the asking price. The home was scheduled to close escrow at the end of September and the buyer had a few last minute delays with the mortgage. A couple days before the closing the buyer went over for a final walk through and the carpets were wet.
HURRY UP AND WAIT ON THE REPAIR
We reached the emergency services team and a contractor was expected to be out there for emergency repairs that day. We were told they went there, but a week later still nothing done. The buyer canceled.
BACK ON THE MARKET WITH A $50K REDUCTION
I was instructed by the bank to put the home back on the market at a $50k reduction to $300K. What a deal. They said the home was to be sold “as is,” so I put it back on the market TODAY at the lower price. If you have any interest call me now and get the Unfair Advantage!
WHAT–APPROVAL FOR $11,000 IN REPAIRS
I then received an email giving the field service personnelapproval for $11,000 of dry wall and it appears all new carpeting throughout the house! The deal sweetens! You can see the home through the link below:
The foreclosure home is now the best deal I have seen in the Arizona REO market! I would love to sell you this home if it fits your needs, but you had better act fast. Real estate deals like this do not last long. To get advanced notice of REO/Foreclosure/Bank Owned homes sign up on our site: