Successful Short Sale – Sold for $25,000 over asking price.

Well, this lovely 2 bedroom 2 bath condo in the Miraval – Rivermark complex in Santa Clara closed escrow today.  We listed the property at $390,000 but closed today at $415,000.  Both parties were delighted.  The seller –  was free of the unmanageable mortgage payment and now can move forward to a new chapter in her life;  the new buyer –  because he was able to buy a gorgeous unit in the middle of the this luxurious complex away from the street noise and three floors up.

This truly was a win – win situation where both sides got exactly what they each wanted.   Even the lenders got what they wanted because the final sale price was significantly higher than the list price – the lenders are always happy when more money comes in than anticipated.

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