Just Sold in Braemar: One Car Garage Townhousefor $270,000

Just Sold in Braemar:  One Car Garage Townhousefor $270,000

This Braemar garage townhouse hit the market on May 29, 2012, priced at $269.000.  It was a well maintained townhouse, but had no frills like granite counters, hardwood floors or upgraded appliances.  The home was pretty basic, but in good shape.  It did, however, have a large deck off of the eat-in kitchen.

The Buyers that chose this home saw it on May 31st and wrote an offer right away.  It’s a good thing they did because as soon as the offer was received by the Seller, we got word that other buyers wanted to make offers.  Because the first Buyers in were serious, they wrote above list price at $274,000 ans asked for $4,000 back in closing cost help.  My Seller accepted.

There was one hitch when the appraisal didn’t come in at sales price.  It came in at $268,000.  However, Buyers and Seller agreed to a sales price of $270,000, and to keep the $4,000 in closing cost help.  That meant the Buyers had to bring an additional $2,000 to the closing table, along with their down payment and other closing costs.

This Braemar townhouse made it to settlement on June 21st, less than thirty days from the date it hit the market.  

If you are thinking of selling your Braemar townhouse and would like the best results in the shortest period of time.  I have been a Braemar resident and full-time Braemar real estate agent since 2005.  And if you think you may be upside down, you should know that I have been a Short Sale Agent since 2007.  No matter what your equity position, there’s no one better for the job.  No one knows Braemar better!

Chris Ann Cleland, Associate Broker-Licensed in Virginia, Long & Foster REALTORS®

703-402-0037, ChrisAnn@LNF.comwww.SellingBraemar.com

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