I got a call from a couple one day, they were living in California, but originally from the South and they wanted to get closer to home. The couples wish list included a home near the beach along 30A, with a yard large enough for a young Great Dane to grow, a pool and a garage for under than $300,000. This is a tall order, most homes along 30A are vacation rentals without a yard or garage. I began my search for the couple and found a property that fit their needs less the pool. I took additional photos and a few video clips of the home and surrounding areas for them and informed them the home is a foreclosure and would not last long at the price of $269,900. The couple called and asked me to write an offer for the property site unseen. I submitted the offer only to find out we were in competition with another buyer. The bank took the other offer, and we were back to square one.
Over the next few days I talked with the couple about other homes in the area and the possibility of a new construction. I kept an eye on the status of the previous property and it was still active in the MLS so I called the agent, to my surprise the other buyer had not preformed according to the terms of the contract and our offer was back in the running.
The couple got this home under contract, proceeded with the closing and they now live in a lovely home in Santa Rosa Beach. The kicker....the home appraised for $338,000. The purchase price was $259,900.
How's that for a long distance transaction?? Congratulations Dennis and Angela