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REO Northern California home, bank owned home

 I received an email request for information of home today. It turns out this home was sold 2 years ago for 2.4 Millions and now is only asking for $1.325 Millions. I just cannot believe in.

2549 Butch Dr. Gilory CA 95030 is a 5 bedrooms 4+ baths 3 years new custom homeon the hills of Gilroy. It is bank owned now and the asking price is $1.325 Millions which is more then one millions dollars less then it was sold.It has 2 master bedroom suites, beautiful chandeliers almost every rooms , with magnificent foyer,a large swimming w/spa,4 balconies w/mountain &city light view!

 Can you picture yourself live in a large home 6207 sf home on the lot of 491,792 sq ft for only 1.325 Millions dollars?

If I have 1.325 Millions, I will love to own this mansion.Please read this article for more details.

 

8 Comments on This Bank Owned home is 1 Millions dollars less then 2 years ago !? 1 of 2

AUG
06
2008
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Sign me up sounds like a real steal.... do I have to get prequalified... or can I go stated income no docs, with no downpayment... lol

Go sell it and make a buck.

Sincerely,

Bill

1:08am • #1
494,048 Points 15 Featured Posts Localism Sponsor Outside Blog

Hi Grace,

Wish I had a CRS referral to send you for that home! Looks like quite spread.

1:13am • #2
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Yes! It is my broker's listing. I have no idea how can get this email. Yes! I know...I know I need to sell it to my the buck.

Grace

1:20am • #3

I'll take it. wow huge price deduction

1:23am • #4
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Travis,

It was a bank owned property and on the market for a couple months.

Grace

1:40am • #5
349,256 Points 5 Featured Posts Attended Rain Camp Called Shot Master

Sounds like a terrific deal, but you'll never find one like that in Southern California!


Cameron Novak, Broker
The Homefinding CenterTM
Corona, California

Sierra Del Oro Real Estate Agents

2:04am • #6

Wow, great looking home. Are you seeing alot of million dollar listings that are being foreclosed on in Gilroy?

2:25am • #7

I would like to see this home, sounds nice.  The drop in price is incredible but I guess thats our market.  No wonder banks are failing all around us.  Oh well, that is life.

3:29am • #8

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Grace Keng, CRS, CDPE, SRES,(408) 799-8887

Cupertino, CA

More about me…

Keller Williams Realty Cupertino

Address: 20230 Stevens Creek Blvd #E, Cupertino, CA, 95014

Office Phone: (408) 799-8887

Cell Phone: (408) 799-8887

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Grace Keng on Zillow

Silicon Valley Real Estate Guide

The consumer guides for Silicon Valley real estate buyers and sellers.





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