Saturday, March 21, 2009

5823 Millstream, Garden City, ID


3 bedroom 2 bath 1618 SF blt 1978

This property makes for an interesting story. One of my agents, Dan Poole, had a client that drove by this empty house in the "GC". They were very interested so Dan called me to help him get some info on the property. I found out that it was going to auction on May 29th. I found the owners; this was a rental property / fixer upper gone awry. Payments have not been made for several months and the owners were resolved to let it go. 

With one phone call I convinced them it was more beneficial to go the short sale route; it benefits them from a credit perspective (2 years vs 7 years) and benefits the community. So now we have it listed with an offer to be submitted to the bank. Another foreclosure (potentially) bites the dust!!! Stay tuned. 

Please call me at 208 939 9033 ext 2 or email me at michael.hon@IronEagleRE.com. Please visit my website at IronEagleRE.com oView Michael Hon's profile on LinkedIn

Michael Hon
Broker - MBA, GRI

IRON EAGLE REALTY

Certified Short Sale Specialist
Investment Property Consultant

Office 208 939 9033 ext 2


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