Short Sale Listing on Boulder Canyon

20110315004759520263000000-o.jpg4224 N Boulder Canyon was listed yesterday at $575,000. This Outpost-built, over 3,300 square foot home, has the popular large open entertainment floorplan.

Keep in mind, many short sales do not end up closing, because the bank has to approve the offer. Many potential buyers are not interested in looking at short sales unless they are “pre-bank-approved short sales”, because lenders may take a long time to review offers and may find the offer prices (and the list price) too low for them to accept. By reviewing the notes on this listing, the list price was not pre-approved by the lender. However, some short sales do work and close at a final sales price close to the listing price.

(Listed by Short Sale Expert at Long Realty)

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