Ashburn Condominiums in Renton just had its first successful short sale in 14 months

Ashburn Condominiums in Renton just had its first successful short sale in 14 months. Ashburn Condominiums has seen prices drop for townhomes and condos drastically last year compared to the year before (2010). Majority of the sales in 2011 were traditional, but when foreclosures hit the market it really took a hard hit. More and more distressed property is being listed for sale and that is putting a downward pressure on condo / townhome values in Ashburn Condominiums.

See the graphs below, they show values dropping from their original list price to their sold price by 7%, and a median time on the market of 61days. Two of the sales in 2011 were REO (Foreclosures) one was and Estate Sale, and four were Traditional Sales, with ZERO being Short Sales.

Being the only one to have closed a successful short sale in Ashburn Condominiums is amazing, knowing that many tried in 2011 and were not successful. Much has to do with me and my team as we have helped many homeowners avoid foreclosure thouugh a successful short sale. There is a system (Blue Print) that one should follow but many dont know it.

If you're having a financial difficulty making your mortgage payment, or would just like to know what your options are, please contact us directly for further assistance.

Ashburn Condominiums - Renton

107 South 50th Place # B, Renton, WA 98055

2BR / 2.5BA / 1,394sqft / Built in 2000 / SOLD $170,000 (SHORT SALE)

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