Well Priced Summerlin Home - Non Bank Owned / Non Short Sale
Posted by Paul Francis on Wednesday, April 14th, 2010 at 9:04pm.Well Priced Summerlin Homes not Bank Owned do Exist
While everybody is running around chasing down Bank Owned Homes and the bureacracy involved, here is further proof that it is possible to find nice homes where you can have a response to your offer before the April 30th deadline:
Summerlin Home for $265,000 - Price was just reduced from $275,000. 2,434 sq. ft. located in the desirable Summerlin South area and built in 2000. These homes were offered and built by Pulte back in the late 1990's before the building bubble nonsense and the community was actually well planned out. During the peak of the housing bubble, they easily reached over $500,000 if you could even find one for sale. According to the tax records, The current owners are the original owners and purchased it brand new for $230,000 back in 2000.
This is one of those neighborhoods that speculators could not really get into and blow up the values which means it has remained pretty stable. Only four homes have been sold in the past year and there are currently three other homes under contract that had higher asking prices.
To schedule a showing, please call Paul Francis @ 702.592.3058. I lived in this Summerlin Village before moving to another part of Summerlin and know it extremely well.
Rental Numbers
There is currently one other property under contract that was available for lease and they were asking $2,150 for the 2,850 sq. ft. floorplan with a pool.
Only four other properties have been leased out in the past year for this neighborhood with the lowest rent term going for $1,950 a month. Once again, a strong indication the neighborhood has retained it's characteristics through the correction and is primarily owner occupied.
For a more extensive investment anlaysis with your financial capabilities, please contact Paul Francis @ 702.592.3058.
Paul Francis
Prudential Americana Group
702.592.3058
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