Where’s the Bottom Blog

June 3, 2009

Eldorado Townhome on Charbonneau Golf Course for $309,900…

And another price drop on my favorite Eldorado Townhome in Charbonneau.

Tax Value 501k.  FINALLY in a great buy zone.

We have been touring this home since it listed a year ago.

These Eldorado Townhomes were selling in the high 400s, low 500s. 

Master on the main, 2 huge bedrooms up.  This one is right off the T-blocks and angled to where only a couple of small windows are exposed to the breaks.  (get some Penguin windows and they will not break!).

 

Has been bank owned by one of the smart ones (Greenpoint Mtg.) SINCE May of 08.  Yes, please somebody step up and give that bank a bailout.

They are into it $329,410 AND THEY LISTED IT 5-30-08 FOR 410k!!!  What the heck?

 

If you are looking for a golf investment this one is it.  Hold this for a few years and resell for a mint. 

BLU dot Realty, LLC

Real Estate Investment Services 

Airika Waible

Principal Broker, E-pro

Mobile: 503-793-4336

Fax:       503-855-3792

www.bludotrealty.com  

“Because knowing when and where to invest in Real Estate makes all the difference…” 

Please click the link below…

View Report

Got a great way to monetize the $8000 Tax Credit…

when buying a home for the first time or if you have not owned in the last 3 years.  If you have filed 08 taxes and you are looking to monetize your tax credit you may be in luck.  While the FED is trying to figure out how to make banks let you borrow it and a way to pay it back when you get a refund in 2010….. just buy, and file an amended return including the home purchase.  You should then be ablt to use the credit.  Of course if you owed 7k in taxes, you would most likely get 1k in refund, but if you had a 2k refund coming, your refund could be as much as 10k!  Borrow the money from mom and dad, use your 401k or self directed IRA.  Sure, you are saving for retirement and don’t want to break the piggy bank but…if you are disciplined, replace it when you get the money.  YOU MUST BUY BEFORE DECEMBER!!! Figure out a way.  Never before have the stars been aligned like this.  Rates are the lowest they have been, home prices are way down and the credit is there.  Wait 6 more months and the credit MAY be gone, rates MAY be up, and home prices MAY stablize creating equallibrium in the market place.  That my friend will be a shame if you have the ability to get out and buy now.  If your intentions are to live in a home, or buy and hold it, you will make a huge upside.  Get some.

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