Coeur d'Alene Lake Bank Repo REO Success Story!
On Labor Day I received a call from a wonderful family who wanted to look at a couple of bank repo homes for sale on Coeur d'Alene Lake. They had decided the timing was right to purchase a vacation home on Coeur d'Alene Lake and it was my privilege to assist them in getting a great value on a stellar property. Inventory is high and buyers are scarce. There has NEVER been a better time than right now to be a buyer on Coeur d'Alene Lake!This has been a long distance closing, they live out of state and I am in Colorado at the moment on a working vacation with my son's family. The call just came in that the transaction has funded and has been recorded. We're closed! No Success Story photo with my smiling clients this time, but imagine the photo ops this summer as they park their boat outside their back door or spend time on the private Captain Kidd Association sandy beach. Or spend evenings watching the twinkling lights at the Coeur d'Alene Resort across the bay.
The home they chose is a charming A-frame on a peninsula with three other homes, in Kidd Island Bay. It's a 1,938 square foot two story with an attached double garage and water frontage in front AND back! It was last purchased in 2006 for $575,000. It had been listed for a time as a short sale at $450,000. When we made our offer it was a Bank repo REO on Coeur d'Alene Lake that had recently been reduced to just under $400,000. We negotiated for a few weeks, and in the end they are getting a true SCREAMING DEAL on a stellar Coeur d'Alene Lake waterfront home for $340,000! Congratulations Jack and Gayle!
THIS is the best part of my job!
Janna Rankin Scharf provides a superior level of real estate services to home buyers and sellers in Coeur d'Alene and Kootenai County, Idaho. Visit www.JannaScharf.com to search for homes in the Coeur d'Alene MLS for anywhere in spectacular North Idaho.
No matter how grand or modest your real estate dreams may be, you can turn to me in confidence. Give me a call today and let me know what I can do to be of service to you!
Janna Rankin Scharf AB, GRI, CSP, CNS, CLHMS 208.651.9700
Well if you are going to get interrupted during a vacation for business, this is the call to get! They must be so happy. What an awesome deal they got! Hope you are enjoying your babies!
THis looks like a grat get away from the hustle bustle, beuautiful area.
Did you write in an "I get to visit" clause in the contract? Cool looking place, great job.
Love those lakeside A-frames. Looks like a great place to live, or even a great place to vacation!
Wow....break out the champagne...quick have a barbeque before the snow covers the roof....and you can skate on the lake ! Great deal...good job...congrats !
Janna looks like a great place right on the water. Congratulations to you too, for helping your client securing the property at such a bargain.