117 Bentwood Dr.| Foreclosure | Just Sold | Franklin, NC 28734

This foreclosure didn't last long in Franklin, NC.  Just 8 days on the market and we had an accepted offer and closed within a few weeks with cash. Congratulations to Mark D. the buyer of this home! Find your gem in the mountains of Franklin, NC HERE.

FORECLOSURE, was sold AS IS. 2004 Norris doublewide in fair to good condition sitting on a very use-able lot and room for a nice sized garden spot. Located in an area of nice homes. Would be perfect for first home, summer home or rental income property. Home has a very large deck with built in seating off the front with year round mountain views, also has large deck on the back with built in seating, perfect for entertaining and grilling out. Plenty of room to build carport or garage at the end of home.

117 Bentwood Dr. is just a short miles from the town of Franklin, NC, dinning, shopping and 3 miles to the major Hwy.441.

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June Tassillo ~ Realtor/Broker/SFR Let me help you with the next phase of your life!

  

~ June Tassillo ~ Realtor - Broker - SFR RE/MAX Elite 674 Highlands Rd. Franklin, NC 28734 Cell: (828) 371-2339 Email: junet@dnet.net www.JunesRealtor.com

If you are Buying, Selling, Relocating or want a Second Home in the Franklin, NC area and need help from a Professional Real Estate Broker, I would be happy to assist you with the next phase of your life! Visit my Web Site & Be my Guest on our MLS and search for properties in Macon County, NC for free.

Looking at the vignette effect on the vintage tractor photos taken in Franklin, NC this past week makes me feel like I could easily have taken them with one of those huge format cameras that photographers had to drape black fabric over themselves and the camera. Oh yeah, I would also like to envision myself wearing one of those long coats with the long tails…

now that WOULD be a picture!

As REALTORS, everyone of us at one time or another has wondered “What Was The Owner Thinking?”. We’ve all got our particular real estate irritants when out showing…mine is unreachable homes by normal modes of transportation…yet the advertising “come hither” shows jaw dropping outstanding views with only casual reference as to the access.

No doubt there are REALTORS in Florida, Ohio, Illinois and Louisiana wondering what I’m talking about. They have their own irritants that I’m not be familiar with. REALTORS in Colorado, New Mexico, Virginia and other mountainous states know exactly what I mean. During the building boom, people were putting houses where nothing living had been except perhaps goats and eagles. Sometimes it worked out. Ethical builders recommended long roads with switchbacks. Often it didn’t work out so well…as a resale. Sure, the original seller could arrive in a beefy 4 wheel drive vehicle and never gave a thought that at some point an emergency vehicle might need to reach the house.

NEWS FLASH ! ! ! Buyers are intensely more practical. They are buying a new house and don’t want to buy a new vehicle to be able to reach their new house. They are considering things like the cost of insurance, or if a fire truck, rescue squad or the police can access this house located at the top of a 12 to 15% grade.

Don’t you think it’s poor planning when buying or building a house to not consider the reality of selling the house at a later date?

This isn’t a rant…it’s not like the only houses for sale are perched at the top of a precipice. This is more a lament for sellers who just weren’t thinking about the future when they built these houses. The buyers I worked with last weekend were game to try anything to find what they wanted. We drove on some incredibly difficult approaches and Mr. Buyer did perfectly with his driving. They wanted to see the modestly priced beautiful house with the jaw dropping view but we could only get within 500 feet of the house. We valiantly climbed the rest of the way. The buyers good humouredly pointed out how far other buyers had made it. I expected to see bleached bones and rusted vehicles of those who didn’t make it at all.

Gorgeous house or so my oxygen deprived brain interpreted it and the view definitely fabulous. List price approximately $200,000. If it had been located even 500 feet down the driveway the sellers might have been able to list for $350-400,000. There are so many “what ifs” but the main thing with this house was “so what”. Our buyers would never have felt relaxed there, every trip in and out would’ve been an ordeal. Friends and family wouldn’t have visited and God forbid there would ever be a disaster because rescue would be delayed.

Avoid the “What Was The Owner Thinking” syndrome … you or your heirs will have to sell sometime.

Dear Seller, Nothing personal but your house isn't priced even close to market value.

On December 13^th we put the finishing touches on an Offer to Purchase for a house in Franklin. Franklin, while only 20 miles away presents a completely different picture of a real estate market than here in Sylva and Dillsboro. There have been more short sales and foreclosures. I posted an article about this offer and being relieved that no matter what the picture presented, at least I had comps to work with. The article concluded that we felt we had given the seller ample data to understand why the offer was much lower than his list price but higher that what the market values were showing by virtue of the CMA.

After presenting our case in writing the seller countered back via his agent by email. He stated he was insulted by the offer, countered with a $4,000 decrease and gave us one hour to respond. Never mind that it was purely by chance that I happened to be on the computer at 8:25pm to learn we had a 9:00pm deadline - that’s another post by itself.

I emailed the agent , thanked him for his time and said we regretted the seller felt insulted. That was never our intention. Our clients don’t lowball for sport, hours were spent researching for the CMA. When asked if the seller reviewed the information accompanying the offer, the listing agent replied his client wasn’t interested in comparable sales. HUH????? You’re kidding, right?

Our clients receive copies of correspondence and comment that our communication with other parties is ALWAYS professionally courteous.

This post came as inspiration from them. Here’s a direct quote:

“There really is a lesson here for your blog - and your fellow realtors: don't let your seller burn his bridge to a potential buyer before the negotiation process is completed. Had he replied courteously that he appreciates the buyers trying to get the house for a lower price than he is seeking, but that he is not yet ready to reduce his asking price, it may have led to the buyers (us) coming up to his asking price. He doesn't know what we were willing to spend until the counter-offers stalemate, and they had not only not stalemated, he cut it off before they even began. He shouldn't have taken it personally that we were trying to get it for less than his asking price, and I think that any good realtor would have cautioned him from that message that his agent "passed on to us."

The listing agent admitted he hadn’t used comps when pricing for property. If he had, the seller would have been prepared for offers in market range amounts.

Help your sellers with their responses and counsel them to leave personal comments out of counter-offers, preserve potential buyers as long as possible. Advise them there’s nothing personal but the market value of your property isn’t even close to what you’ve listed for.