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Saturday, November 17, 2007

First-time Homebuyers a Real Joy!

I've always said I absolutely love working with first-time homebuyers. Of course, it becomes even more fun when the homebuyers are excited, have timed the market just right and are your friends!

Yesterday, we opened escrow on a fantastic property my clients and friends found in the Foothill Farms area. It is a 3 bedroom 2 bath house and had an asking price of $199,000. The home sold last year for $330,000 and then was foreclosed. As an REO, it is one of the best deals around. My fingers are crossed - I imagine all our fingers are crossed!

1 comments:

Huck said...

I think that you're referring to one of the loans I'm working on.
If so, that proerty appraised for $15,000 more than the selling price. It's an excellent buy!
Huck Ferrill