The Loving Story of a Unique Luxury Penthouse Sale
Fred and John needed to sell their luxury condominium penthouse with 25″ high ceilings that the caring couple shares with Fred’s elderly mother Sally, who could no longer safely make the lofty climb to her upstairs bedroom.
A successful, efficient home sale became an absolute must. The average recent home sale in the building took 76 days. To sell their home 38 days faster, the LA Loft Blog team was called in with its thousands of readers and home buyers. Corey Chambers personally contacted the most recent 20 real estate professionals who successfully completed transactions in the unique building and nearby condos to offer them a chance to bring their clients in first to see the property for sale. Additionally, a storm was literally on the horizon, so a cloud needed to be scoured to find a silver lining. A rained-out open house was broadcast live on Periscope and Facebook LIVE video to hundreds of homebuyers and viewers. It all worked. #sellercarry #seller #financing
A great buyer was found within just a few days. That buyer wanted to negotiate seller carry back financing so that he could make a cash purchase of the property with about 80% down payment. The LA Loft Blog team was able to help with the seller carryback negotiation that also worked for the seller. The buyer and seller both had super experienced Broker Associates to make an extraordinary transaction come together. As the authority on luxury condominiums, the Corey Chambers Team team had connections to seller financing experts, including real estate brokers, consultants, loft lenders, attorneys. The buyer’s broker chose their seller-carry-experienced escrow to draft the seller carry note. The sale closed successfully with a short 21-day escrow.
Fred, John and Sally achieved their financial goals with the quick condo sale $150,000 above the most comparable neighboring unit sold. So now, they can close escrow next week on a single-story house with beautiful views, and an easier life.
No more struggling up the stairs day and night. With an easy stroll all around their new home, mother Sally is delighted with the change, and is looking forward to moving real soon!
Find out how much the home down the street sold for. Get a free list of recently sold home prices with photos. Fill out the online form:
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Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Names have been changed to protect privacy. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.