Sunday, November 30, 2008

Santana Row Bank REO for Sale

The Margo building has a great opportunity for a 1 bedroom + den loft unit facing the East Foothills. 1,099 square feet, nice kitchen, very good condition. The parking at the Margo building is preferred over the DeForest building because you have direct elevator access to your floor from the garage. This unit is now bank owned and a very good value at $499,900. Now at this price, I expect over asking price offers which is very common these days on bank REOs. The banks or their listing agents now understand that sub-market pricing brings them fast sales. Call me to tour this great unit.

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