New Homes Priced To Compete with Short Sales and REO Properties??? You Heard Right!
Good news for buyers! If you have been watching the short sale properties in Medford and the rest of the Rogue Valley, you've no doubt seen or heard about a trend towards short sale inquiries from buyers. Buyers interested in short sale properties and bank owned properties (REO) are aware of the fantastic deals available right now, and are looking into investing in these properties for themselves. Let's face it, short sale homes are intriguing and offer the elusive prospect of "deals you simply cannot refuse".
However, buyers sometimes begin to look at these properties, and then decide to shy away. Whether it is discomfort with the auction process, the length of the short sale closing process, or worries about being able to fix and maintain properties that aren't quite move-in ready - buyers can quickly become leery of these homes. But good news is around the bend!
Buyers in Southern Oregon are about to find QUALITY BRAND NEW HOME at prices that compete with short sales and REO (bank owned) homes. You read that correctly - New homes priced to compete with REO and short sale properties!
A local developer, recently broke ground on a new development project in North West Medford called the Candlewood Community. This community will consist lot / home packages starting at the unheard of price of $184,900. With numerous floor plans to choose from buyers can even customize their packages to fit the needs of themselves and their families. Learn more at: www.candlewoodcommunity.com
But this isn't just about competing with short sales and bank owned properties - it's also about keeping local contractors and supply companies in business. Since new construction has been significantly reduced due to changes in the market, foreclosed property sale prices, and other events related to our current economic climate - many of these businesses are experiencing hard times. This developer aims to put them back to work.
By offering brand new homes at competitive prices, the Candlewood Project (www.candlewoodcommunity.com) allows buyers who might be gun-shy of short sale, bank owned homes, and fixer uppers - to find great deals at affordable prices without the hassle of remodeling, or waiting through the short sale process. These are new homes, move in ready, and located in a very desirable area. It simply does not get better than this!
In addition, the desirable North West Medford location will be within walking distance to the planned YMCA Sports Park - which, after completion will be one of the area's largest and most modern park facilities.
Candlewood Community offers home buyers a chance to own a brand new home at very reasonable prices. With numerous floor plans to choose from buyers have many options, both of amenities and home layout. This developer is known for building quality homes in desirable community settings. These great home packages are represented exclusively by Chaparral Realty Group (www.chaparralrealtygroup.com)
If you have buyers looking at foreclosed properties or bank owned properties, consider showing them the Candlewood website at www.candlewoodcommunity.com. There you will find lots of great info about this project, including photo galleries, floor plans, renderings and model examples. In addition you will also find information about the area, as well as other quality community projects from this developer.
Have potential buyer clients who are hesitant to pull the trigger on buying a home? Send them to the website. There they will find all of the information above, and in addition can view a "Rent vs. Buy Comparison" link on the website menu. At price points like these, potential home buyers may be quite surprised at how much money they can save in buying versus renting. With great price points, government first time home buyers programs with higher amounts of assistance than ever before - it really is a great time to buy new homes in Medford!
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