Sunday, September 7, 2008

Best Deal in Edmonds

Current price: $398,500.

I am looking for a buyer for this great deal in Edmonds! It is a good size lot at 10K sq ft with a completely remodeled1,200 sq ft, 2bd/1ba, one-story home. Located in the "bowl", it is within walking distance to downtown Edmonds and has a 2 car garage. View additional details >

This is a short sale - and for those that are unfamiliar with short sales, defined it means that the mortgage on the property is more than what the seller will receive when it is sold, and the lender has agreed to accept a discounted payoff of the mortgage. These types of sales usually take twice as long as a normal sale, and sometime much longer.

Contact me today to tour this property and we can discuss the pros/cons of a short sale.