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Foreclosure Find: Shoal Creek Showstopper New On Market!


Shoal Creek Short Sale Now Shoal Creek Foreclosure Find

Foreclosure - Shoal Creek

This listing just popped up 4 days ago.

Even though you hear foreclosure inventory is down just like other inventory, new REO’s are still being listed every day.

What’s interesting about this is:

It’s not in the MLS as a foreclosure, just a regular seller, although it is a foreclosure. You see this strategy by the banks more often now as they want the home to appear like a normal sale.

You know, so you won’t put in a low ball offer!

All properties have a history to tell and this is no different.

This beautiful home is located in highly desirable Shoal Creek on an interior lot! it was built by a high quality custom builder. It went into a short sale before the foreclosure and was on the market for a long time, it didn’t sell.

Fast forward, 6 months later here we are, new on market, not listed as a foreclosure but is.

My guess is this property needs quite a bit of work, it’s been sitting vacant for a long time and that’s not good for a home, they need to be lived in and used.

Expect negotiations on this one and repairs but all in all an excellent neighborhood and location.

Oh, and if you want to make an offer this one, it will cost you $300. to do so. If it doesn’t close you will get your money back, when? that’s another story.

Property details are below, take a peek….click the address bar for more juicy information.


About Terry Smith

Passionate about real estate, positive problem solver, specialty boutique real estate brokerage that does things your way! A full-time Broker & REALTORĀ®, helping people buy and sell homes in the Dallas - Plano area. Whether you're a buyer just starting out or someone with luxury properties to sell. I have extensive knowledge and experience to help you with your real estate transaction. I am a native Dallasite. Have questions? Ask me. You can find me on Google+ and Pinterest.

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