First Time Home Buyer Homes Less Than $650,000 in 91423 zip
Sep 4th, 2009 | By G_Mimms | Category: Politics
There are 8 homes today available in the 91423 zip code priced at or under $650,000. All are north of the boulevard and 4 are either short sales or lender owned. They are:
1. 3 bedroom/3 bath at 4947 Fulton listed for $524,900. Lender Owned.
2. 4 bedroom/3 bath at 4712 Van Nord for $549,989. A Short Sale.
3. 2 bedrooms/2 bath at 12959 La Maida for $580,000.
4. 3 bedrooms/3 bath at 4856 Calhoun St. for $595,000. A Short Sale.
5. 2 bedroom/1 bath at 4545 Stern for $599,000.
6. 2 bedroom/2 bath at 4608 Sunnyslope for $629,000.
7. 3 bedroom/3 bath at 4925 Sunnyslope for $649,000.
8. 4 bedroom/4 bath at 13149 hartsook for $650,000. A short sale.
As a reminder. A short sale is when a home is still owned by an individual but is worth less than the loan(s) than the individual owes to the bank(s). When you make an offer, you must have the offer accepted by both the owner and the bank. Depending on the listing agent and the bank, this can be a time consuming and difficult process. Some banks are easier than others and some agents are beginning to work work with companies that do nothing but handle short sales. IF a short sale price has already been approved by the bank, then the process should be quick. ALSO a caution — sometimes the price you see listed, is NOT the PRICE the bank will accept. You may be drawn in by a low price only to find that after 4-6 months the bank will not accept your offer. Make sure you know what the “comps” are for the house (that is, what others houses in that area recently sold for) — so you can know what you are getting youself into.
Bank owned property, REO’s are easier to deal with than short sales.
GEM MIMMS. Your Sherman Oaks Realtor
http://gemmimms.com
