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Started By
Message
REO starting to punish Seattle real estate...
Posted on 10/7/09 at 3:56 pm
Posted on 10/7/09 at 3:56 pm
and I like it!
Here's the most recent MLS listing from May for a property in Kirkland (nice area just east of Seattle): LINK
2 years old, 4200 sq ft. Not ideal (I think it looks kind of weird), but it's a nice pad with high-end finishes in a desirable area. They were asking almost $1.3M
The 1st lien with arrears was owed $1.12 M.
I'll let you guys guess as to what price it cleared last Friday at the trustee auction...
Here's the most recent MLS listing from May for a property in Kirkland (nice area just east of Seattle): LINK
2 years old, 4200 sq ft. Not ideal (I think it looks kind of weird), but it's a nice pad with high-end finishes in a desirable area. They were asking almost $1.3M
The 1st lien with arrears was owed $1.12 M.
I'll let you guys guess as to what price it cleared last Friday at the trustee auction...
3
Posted on 10/7/09 at 3:57 pm to Tiger JJ
642.
Posted on 10/7/09 at 4:58 pm to Tiger JJ
So why do you like it when property values are dropping in your area?
Did you get a great buy on the house?
Did you get a great buy on the house?
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