P1030678This is a ranch. It is on 2.29 acres. This is a big two level modern style house. There are two full levels. There is a day light basement below. It has fences and out buildings. It is perfect for a horse owner. A bridal trail is nearby.

The address is: 27223 55th Ave NE, Arlington, WA 98223 The NWMLS number is 858219.

For directions and more photos see Zillow. P1030671

However, the house needs a lot of work. A new roof is needed. The big deck will have to be rebuilt. The utility room is moldy because the hot water heater leaked. It needs new carpet. You may want to move the walls around and make the rooms bigger.

This is a short sale, meaning that the seller owes more than the value of the property.

P1030668P1030662The lender obtained a broker price opinion at $300,000. If you bid $300,000 and prove that you have the cash or financing, you can lock this up and I will take it off the market, because we will know the lender will approve the price.

You are also free to bid a lower price, and you may end up the top bidder. If bidders bid less than $300,000, I will leave it on the market for several weeks, take several offers, and ask the lender to approve the best of the lower price offers.P1030668

P1030658This house will qualify an FHA rehab loan, construction-take-out financing, or for private financing, but not for a regular FHA or conventional loan.

If you want to tour the property, call me at 425-771-1110. There is no key box. Tours should take place before 1 pm. There is no key box.

James Robert Deal, Agent and Attorney

425-771-111 or 888-999-2022.

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