Depending on the square footage it sound possible to me. The only issue is the lot price. Have an area Realtor check to see what new construction homes as you've described above are selling for in the area your looking to live.
Karen Paytas, GRI, CMS
Real Living Kee Realty
I know of a few lenders that are able to work with alternative forms of credit. Feel free to contact me if you would like their contact information and would like to speak with one of them. Thanks!... more
Hi Ashley, many times homes are on the market for long periods of time for reasons that don't apparent from the Internet buyer. DOM (days on market) is one way to gage price or interior. Sometimes it is neither. Why don't you give me a call and we will take a personal tour of Silverthorne so you can see for yourself. I looked at Turnberry and it is no longer available. Silverthorne is available.
The good ones go fast. The other issue is the price range and the number of buyers in this market Ashley.
Let me know if I can offer you some specific information on Silverthorne or other homes that meet your needs.... more
Without seeing it i can not be postive , but most likely it is what the bank paid at foreclosure auction to purchase the property back. The price could be anywhere from what that former owner owed to 80% of the balance depending on state law. Once they take the property back, they then place it back on the market at or below market price which is usually lower than what the former person owed. What the person owed or what they bought it back at, has no affect on what they will take now.
You need to have your agent or you yourself assess what that house is worth in todays market and base your offer on that. dont base it on what they owed or what the bank is asking, you dont know if the asking price is at mkt value, below or much above market value. good luck with your offer.... more