Thursday, April 23, 2009

Deal of the Day

Todays "Deal of the Day" is an approved short sale in Tooele County. This home has the most amazing mountain and lake views with a park like back yard. It is on a little over 1/2 acre. It was first listed it was $281,000. The sellers were going to walk away with a couple of thousand dollars at that price! Nearly 2 years later the bank has approved the short sale at $200K. This is less than the seller bought the home for 5 years ago. It is located in a beautiful area of larger homes. It has an amazing deck and a large covered patio. Perfect for entertaining. The home needs a little cosmetic updating. The potential is great! It is located at 491 Gordon Circle in Tooele, Utah. This home is a classic example of how overpricing can shoot you in the foot. If it had been priced right in the 2 years ago, my opinion is it would have sold for around $260K.





No comments: