Why are the houses on 3661 Tierra Berlin Ln, El Paso TX being reduced so much. I am considering moving shortly and these seem to good to be true.

Warrior44iraq
Home Buyer
El Paso, TX

What is the deal with this subdivision? Is there a biological harzard site just opening next door or what

Answers (3)
Amber McGill
Agent
El Paso, TX

Hi warrior44iraq, There are many foreclosures in the El Paso Market and in order for sellers to sell their property they have had to reduce their prices because they are competing with the foreclosures. There are many nice homes that are foreclosed some need a few repairs some not. Right now it is a buyers' market and that's why the reduced foreclosures are very attractive. Visit my website ambermcgill.com to see availability of foreclosures and just general homes in El Paso. Zip Code 79936 and 79938 is a good start, considered the eastside of town.

By-the-way 3661 Tierra Berlin is under contract as of 11/24/09 for $111 per square foot.

Thu Dec 24 2009, 13:37
Yvonne Russell
Agent
El Paso, TX

Great observation, this area is hot for home buyers. In fact I have a great foreclosure at $68 sq ft but it won't last. Btw, nothing wrong with that subdivision. It's a combination of factors one of them being the foreclosures in that area. Lots of crazy lending during 2005-2006 that came home to roost in 2007-2008. Anyway, I can talk your ear off about this but I won't. Call if you are interested in the foreclosures or search my mls.

Thu Dec 3 2009, 15:41
Mike Alvarado
Agent
El Paso, TX
FIRST ANSWER

Hi warrior44iraq, As you well know, we are smack in the middle of a very strong "buyer's market" and sellers in this area are reducing their prices drastically to finally sell their homes.Unfortunatelly, there are numerous foreclosures that are also affecting home sales. Add all of this up and you get price reductions galore.

Why don't you click on the following web site and order your free no obligation market analysis to see exactly where your selling price should be at?

Thu Sep 17 2009, 09:23

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