Glendale AZ Bank Repo, Handyman Special $230k was $431k

Posted on November 25, 2008
Filed Under Buying Pre-Foreclosure |

Just under 3100 square feet this bank repo has a pebble tec pool 4 spacious bedrooms, 3 full baths, 3 car garage and is close to the new AZ Cardinals Stadium. Previous owner paid $431k. Bank foreclosed and the bank is in it for $378k. The previous owner ripped out all the appliances, cabinets and countertops in the laundry and kitchen. It is a fix up special. The current comparable sales in the area suggest it is bottom valued at $360k, fixed up. Bank is offering it for $230k. We would be proud to offer the bank a lowball for around $200k for this home. My name is Peter Medal, I am buyer agent with Allegiance Realty. I DO NOT REPRESENT THE BANK. My specialty is representing buyers buying foreclosures, short sales, and pre-foreclosure homes. Reach me at 602-469-7400 or medal@allegiancerealty.com

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