Tuesday, March 15, 2011

I'll take it!

Another notch down or teaser short sale listings? I have to wonder with some of the listings popping up. Up in Norco Hills (Bretton Gate) there are 2 new short sale listings under $400k. One of them is decked out with a pool, putting green and stables. 1457 Foxtrotter is the house I speak of. This 3900 s/f 5 bedroom house is pretty darn nice and I cannot see any lender letting this go for the $400k that it's listed for. Based on recent comps this thing should easily fetch $550k or more. Then there is 230 Haflinger listed at $350k. Again based on comps it's probably worth $450k. These two should get a lot of attention and probably a lot of offers too. It will be interesting to see if they actually sell for anything close to listing price. If they do, they instantly put all the recent buyers a good $100k underwater!

3 comments:

Tyrone said...

The little room off the driveway looks like a guard shack.

golfer_X said...

Yea it does, or maybe it's a drive thru, "would you like to supersize?" It actually could be a single car garage. Some of those floorplans do have garages like that. They must be impossible to get in and out of.

Snail said...

Sweeeeeet place...I will rent the horse barn on the back if your offer got accepted.