Property Q&A in League City>Question Details

tjwd4now, Home Buyer in League City, TX

why hasne't this property sold? Is it worth bidding on?

Asked by tjwd4now, League City, TX Wed Mar 28, 2012

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The property has 2 offers, with only one able to be submitted at a time. This is a short sale and the bank uses a 3rd party to get the offer analyzed and ensures all paperwork is completed per the banks specifications. It has several departments to go through before an approval is issued. Due to the length of time it takes for short sales, some buyers back out and we would submit the next offer in line.

The value on these short sales is great but the if you are in a time crunch, I would recommend looking at a conventional purchase. However, if you want to visit the property and place an offer I am happy to assist-
0 votes Thank Flag Link Thu Mar 29, 2012
This property is a short sale, and many buyers are looking for a home that they can move into quickly. Sometimes short sales can take a few months to get to closing, and some folks just don't want to wait. Understandably so. However, if you have time, and are not trying to move into something in thirty days or less, then you could get a phenomenal deal here. This home is beautiful, with a grand entry sporting marble inlays throughout the entry. The bedrooms are enormous, and there is a ton of storage room. There is more than enough room to add a pool if desired. The tax rate is super low and there is no HOA fees either. If you have any interest in this home, or if you would like some assistance in searching for a home, give me a call. 832-221-5575
Melissa McFarland, Realtor
CENTURY 21 Paramount.
0 votes Thank Flag Link Wed Mar 28, 2012
All properties are desirable, whether they be renovation properties are those that have been on the market over 6 months. The home just has not found the right owner. It will be a case of walking in the house and saying "this is my home", not just a house. The home is attractive, great lot, desirable location. You can drive by the home first, to make sure that you like the location, and the neighborhood. Then if you want to see it, you can call a real estate agent, or the agent that has it listed. The home can be magnificent, but if it is not in a location you like, you won't buy it.
0 votes Thank Flag Link Wed Mar 28, 2012
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