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Friday, January 8, 2010

Gates of Fair Lakes Condos Weekly Report 1/1/10 - 1/7/10

MyGatesofFairLakesCondo.com

Relevant Real Estate Information for Gates of Fair Lakes . A gated condo community.

INTRODUCTION

Short Sale - My definition - Selling your home  for less than what you owe.  - No more stressing about how you are going to make these payments and throwing your money away.  Just do it and get it over with and move on with your life. 

I am short selling my home and believe me its a relief !!  I understand everything you are going through. Yes I can afford it, but why would I want to keep throwing money away ???  I already invested 30k into a downpayment and lost that. So why not let someone work for you that has been through what you are going through and has helped many people short sell there home.

If you have any questions about short sales or would like to find out how much your home would sell for right now.
Contact me

As of today (January 7, 2010) There are 4 active listings in MLS and 5 condos that are currently under contract. 2 condos have sold in the last 30 days.

Here’s the breakdown of all active listings in MLS:

12853 Fair Briar Ln - 2bd/2ba (2 DOMP)
12783 Fair Briar Ln #12783 - 2bd/2ba (16 DOMP)
4652 Superior Sq #4652 - 2bd/2ba (55 DOMP)
12873 Fair Briar Ln - 3bd/ 3ba (125 DOMP)

NEW LISTINGS

According to MLS, there was 1 new listing this week.


UNDER CONTRACT

According to MLS, there are 5 condos under contract.

12817 Fair Briar Ln. #12817 - 1bd/1ba

12884 Fair Briar Ln. #12884 - 1bd/1ba

4558 Superior Sq #4558 - 2bd/2ba

4662 Superior Sq #4662 - 3bd/3ba

4634 Superior Sq #4634 - 3bd/2ba


I will have the final numbers for this once it closes, if it closes.


SOLD

According to MLS, 1 condo sold in the last 30 days.

12844 Fair Briar Ln - 1bd/1ba (0 DOMP) Short Sale

Asking Price - $135,778
Sales Price - $138,000
Seller Subsidy - $0

Sold More than 30 Days ago

12799 Fair Briar Lane Ln - 3bd/2ba (38 DOMP) - Bank Owned

Asking Price - $284,900
Sales Price - $265,000
Seller Subsidy - $5,125

4518 Superior Sq #4518 - 2bd/2ba (6 DOMP) - Regular Sale

Asking Price - $274,995
Sales Price - $285,000
Seller Subsidy - $4,275
 
12811 Fair Briar Ln - 2bd/2ba (5 DOMP) - Regular Sale

Asking Price - $267,000
Sales Price - $265,000
Seller Subsidy - $4,000

4644 Superior Sq - 2bd/2ba (46 DOMP) - Regular Sale

Asking Price - $295,000
Sales Price - $285,000
Seller Subsidy - $5,000

12761 Fair Briar Ln - 3bd/2ba Short Sale

Asking Price - $295,000
Sales Price - $275,000
Seller Subsidy - $0

4534 Superior Sq #4534 Bank Owned

Asking Price - $225,000
Sales Price - $132,700
Seller Subsidy - $0

4520 Superior Sq #4520 Regular Sale

Asking Price - $264,721
Sales Price - $265,000
Seller Subsidy - $10600

12898 FAIR BRIAR LN #12898 (226 DOMP) (2bed/2ba) Regular Sale

Asking Price - $324,900
Sales Price- $284,000
Seller Subsidy - $10,000


22033




These stats are for all real estate in the 22033 zip code for the Month of August




Fairfax Condos Sold for 2007 vs. 2008 vs. 2009



Fairfax Townhomes Sold for 2007 vs 2008 vs 2009






RENTALS

There are currently 1 condos for rent

o condos have been rented out in the past month.

If you need any help finding a rental or listing your condo for rent, please contact us.

We will take care of all the work for you and do background checks on the applicants to make sure they are qualified. We are also a fully licensed property management group also. Just ask us more about how this benefits you.


OBSERVATIONS

Keep checking back for the status of your community. If you have any questions or would like to know the value of your home right now, email us!





Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.

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