January 10, 2011

Elkhorn WI Foreclosure Means a New Home for One Happy Couple

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Sometimes the stars really do line up and buyers are able to purchase a wonderful home at a great foreclosure price.

Such was the case last week when I closed on a 2 bedroom/2 bath ranch condo in Harvest Pointe, Elkhorn, Wisconsin. The condo had new carpeting, tile floors in the kitchen, foyer and bathrooms, was freshly painted, has a full basement and a two-car garage. The sales price of $119,900 reflected a $15,000 price decrease from the price at the time the original offer was written – so although it would appear to be a full priced sale, the buyer was happy to getting a very good value.

There are many very nice foreclosures and short sales currently on the market, and more to appear in the next few months. A foreclosure that’s in good condition may be just the right purchase for those buyers looking to take advantage of the current market and yet, don’t want to do a lot of renovating or repair work.

If you’d like to receive foreclosure listings as they come on the market, visit my website and sign up for an automatic home delivery.

Posted by:  Janis Hartley

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