Sunday, February 27, 2011
Friday, February 18, 2011
Even An Ugly House Can Find Love In This Heart-Breaking Real Estate Market!
It's true! Even an ugly house can attract the right buyer if the price is right.
In a Short Sale, having control on the price is the key to success.
Convincing the Lien Holder(s) of the market value is the other aspect of the transaction. But with an in-depth knowledge of the local market, and cooperation of the Principal Parties and Brokers, nothing is impossible.
In retrospect, I don't even list a Short Sale (underwater) home UNLESS the homeowner gives me full control of the asking price.
Here's a short sale home I listed and closed on September 7th, 2010. 
SITE ADDRESS: 9006-A Corliss Ave N, Seattle, WA 98103
List Price: $264,950
Sale Price: $230,000
Short sale opportunity! Home is located close to Northgate Mall, Green Lake and downtown Seattle. Access is through an easement off of Corliss Ave N. Good bones but needs TLC. There are non-conforming conversions/work on the garage & deck. Sold AS-IS, whereis; Seller is to make no repairs. Pre-approved buyers ONLY. Pls. include DU or LP findings, copy of earnest money check, & proof of funds for downpayment w/ offer.
Lien-Holder(s): JP Morgan Chase 1st and 2nd Liens