The deals keep getting sweeter. How about a 2,314 sq ft home in Chandler built in 2002 with 4 bedrooms, 2 baths, a 2-car garage, and a 8,314 sq ft lot -- for $208,500 ($90 per-sq ft). Did I mention limited mountain views from the backyard and great ones from the street? This home sits in a great south Chandler neighborhood with wonderful greenbelts and parks. All the homes are well-kept and there is a sense of community.
Here's the history on this "Brady" model by D.R. Horton (Continental Homes):
- last bought for $372,000 on 12/27/2005
- reverted to the Lender (First Magnus) at the trustee's sale for $275,000 on 5/8/2008
- listed for $208,500 on 6/12/2008 as a REO
I spotted this deal because it was so much lower than all the other REO's in the area, which were listing and selling in the $230-$250K range. I called one of my clients who was interested in the area and we took these pictures:
There is currently one low-ball offer on the property. It looks like we may make an offer on this one.
Comments