BANK APPRAISAL
LISTED MAY 12 FOR $407,000
PRICE REDUCED MAY 22 to $398,500
Price will be lowered every ten days until the property is SOLD.
BANK APPRAISED: This lovely condo was appraised by a bank appraiser last year when the property was professionally appraised at $420,000. The market has slowed down in the time it took us to prepare the condo for sale, thus the reduction in price, so the seller listed the property at $407,000 on May 12.
DUTCH AUCTION: This is an estate. Property will not be rented, only sold. Price will be reduced approximately every ten days until it is sold. Meanwhile, all offers are considered. Why not you? See below for more "Dutch Auction" details.
See the "Low Down Payment" page for many details of super-low -down payment home loans. NOTE: the seller is willing to help with down payment and closing costs.
FAQs FREQUENTLY ASKED QUESTIONS
Is the condo listed on the MLS?
Yes. The property is listed on the San Diego MLS #260011444SD.
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What if I cannot attend the Open Showing...
can I arrange for a private showing?
Yes. Call your Realtor or call us at (773) 369-5606
to arrange a private showing.
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Are Selling Agents protected?
Yes. Indeed.
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Where do I park?
Midway is a gated community.
Parking instructions & suggestions here
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Will the estate consider a lower offer?
Yes. This is an estate and the property will sell. For sure. This is an estate. The home will sell. The price will be reduced approximately every ten days until it is sold. Next price reduction on or before May 29. Meanwhile, all offers are considered. Why not you?
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Can I really & truly purchase this home
with zero down payment?
Yes. There are many first-time-homebuyer programs with missions to help every American to live the American dream: home ownership. Loans are, of course, based on credit score, employment stability, income and debts. Zero down payment loans are approved and granted every day in San Diego County... why not you?
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WHAT IS A "DUTCH AUCTION"
Dutch auctions are a competitive alternative to a traditional auction, in which customers make bids of increasing value until nobody is willing to bid higher. A Dutch Auction works in reverse.
A Dutch auction initially offers a property at the top end of the range. The price lowers in steps until sold. All offers will be considered by the seller. For example, a home might be listed at $420,000. If nobody makes an offer, the seller successively reduces the price until the seller receives an acceptable offer.
Beyond the Ordinary
This lovely condominium is a work of art. Wait until you get inside.