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Multiple offer situations lead to price increases in recent months. In September, the largest increase from list price to sales price happened on a home in the Acacia Crossings subdivision. The property was offered at $62,900 and sold for 26% higher at $79,500 - cash. It did not surprise me that a cash offer was accepted because sellers favor cash. Cash takes out the risk that a mortgage may not be approved and closing is faster and cheaper.
What did surprise me was that the listing stated “Bank of America Home Loans pre-qualification required on all offers, please contact....”. It makes me wonder if offering a home that much below fair market value generates a lot of leads for Bank of America Home Loans division. That they put so many buyers through this process and eventually sell the home for cash, I find quite something.
As a local Realtor I think this kind of listing causes a disruption in the purchasing process because many buyers engage in the pursuit of this property. Buyers submit offer packages, then go through the multiple offer process. At the same time they need to get pre-qualified. Eventually, only one can buy it and the disappointment is big. In addition such an offer distorts buyers’ understanding and perception of the buying process and what is realistic because it wasn’t revealed what the property actually sold for until the deal closed.
To make matters worse, the property remained in Active status for several weeks while the lender processed the offer that was selected. The fact that the listing remained in “Active” status gave the impression to many buyers that this property is still available. That placed my word (and I’m sure other Realtors experienced similar situations) against the Multiple Listing Service information. All in all this type of listing is not what I’m looking forward to.
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Acacia Crossings Homes With Pool - Homes With Pool in Acacia Crossings
If Acacia Crossings Homes With Pool is your kind of deal! Just look at all the possible choices at such low, low prices!!! This wonderful affordable community has traditional sales and short sale opportunities as well. With homes that can be purchased as low as $50,000, you will find magnificant bargains and the oldest homes were built in 2003! Providing you with a home that is comfortable with affordable payments is our objective! Most homes have had only one owner!
Smart home buying is completely affordable in Acacia Crossings. Additionally Maricopa has excellent shopping areas, resturants, new schools for your children and some of the best open areas of the west you can find. Maricopa is near major highways and is a reasonable drive to the Phoenix airport as well as shopping in the downtown metro Phoenix area. Come see what Acacia Crossings Homes With Pool has to offer today!
For more information on Acacia Crossings Homes With Pool, please contact Tony Buhager at 480-272-1023 or visit our website at www.mls4acaciacrossings.com to search for any properties of your choice.
Thank you,
Tony Buhager
Realtor, CDPE
480-272-1023
abuhager@cox.net
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Acacia Crossings Bank Owned Homes - Bank Owned Homes in Acacia Crossings
If Acacia Crossings Bank Owned Homes is your kind of deal! Just look at all the possible choices at such low, low prices!!! This wonderful affordable community has traditional sales and short sale opportunities as well. With homes that can be purchased as low as $50,000, you will find magnificant bargains and the oldest homes were built in 2003! Providing you with a home that is comfortable with affordable payments is our objective! Most homes have had only one owner!
Smart home buying is completely affordable in Acacia Crossings. Additionally Maricopa has excellent shopping areas, resturants, new schools for your children and some of the best open areas of the west you can find. Maricopa is near major highways and is a reasonable drive to the Phoenix airport as well as shopping in the downtown metro Phoenix area. Come see what Acacia Crossings Bank Owned Homes has to offer today!
For more information on Acacia Crossings Bank Owned Homes, please contact Tony Buhager at 480-272-1023 or visit our website at www.mls4acaciacrossings.com to search for any properties of your choice.
Thank you,
Tony Buhager
Realtor, CDPE
480-272-1023
abuhager@cox.net
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Acacia Crossings 4 Bedroom Homes - 4 Bedroom Homes in Acacia Crossings
If Acacia Crossings 4 Bedroom Homes is what your looking for then check out all the possible choices at such low, low prices!!! This suprising affordable community has traditional sales, bank owned properties, as well as short sale opportunities. These homes can be purchased as low as $65,000 on up to $125,000 and the oldest homes were built in 2003! This provides you with a home that provides you with affordable payments, low maintenance and most homes have had only one owner!
Buying a home that is completely affordable in Maricopa provides you with a smart investment. Additionally Maricopa has excellent schools, shopping, resturants, and some of the best open areas of the west you can find. Maricopa is close to major highways that provides a reasonable drive to the Phoenix airport as well as shopping in the downtown metro Phoenix area. Come see what Acacia Crossings 4 Bedroom Homes has to offer today!
For more information on Acacia Crossings 4 Bedroom Homes, please contact Tony Buhager at 480-272-1023 or visit our website at www.mls4acaciacrossings.com to search for any properties of your choice.
Thank you,
Tony Buhager
Realtor, CDPE
480-272-1023
abuhager@cox.net
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