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Posted by: hollybarr
29/08/08
This house at 2573 Malaga Dr. has a lot to offer with a 4th bedroom that was opened up in to an office or living room, A/C 1678 sq. ft. on 7660 sq.ft. lot with hardwood floors and dual pane windows on a great street with Booksin Elem. I was shocked to read that it was a short sale and listed at $799,000. That price just does not have the ’short sale’ ring to it.
It was interesting to see all of us agents adjust our thinking once we realized it was a short sale. Because of the stress a short sale puts on the transaction and the time involved, the value in our minds appeared to drop.
As I was walking through this house I was listening to the agents discuss the details and I noticed the built in entertainment area and how my husband would be removing the wall to get his tv to fit.
Nice house and I recommend taking a look if you are in the market!
holly@hollybarr.net 408 887-3225
So now that the price is down to 769k do you think it is a discounted enough? What do you think about the three houses on Cordoba?
TP
Comment by TP — September 24, 2008 @ 10:12 am
I like the houses on Cordoba! I have shown them twice. I think Meridian hurts them as you can get a similar home without Meridian behind it for the price.
Malaga remains a mystery to me. It has been on for 49 days and buyers usually approach short sales in this type of situation with a lower offer. I am happy to look into it more if you are interested.
Holly
Comment by hollybarr — October 13, 2008 @ 10:59 pm