You can buy this beautiful home for thousands below market value.

Here's Why:

While the economy has crushed the short-term real estate market here in Asheville it has also devasted the construction industry--which is where we earned our living. As a result we have to get out from under the payments on this nearly-new home (only 6 years old).

Here's how: 

This is "short sale" situation. Short sales take longer than regular home closings, but they offer the buyer potentially enormous savings on their home purchase because the lenders agree to accept considerably less than is owed on the property. In an approved short sale:

1. We (the sellers) get out from under the payments and we're spared worse damage to our credit rating, so it's a huge help to us,
2. The bank accepts less than it is owed for the house but is spared the risk and additional cost of foreclosing and then trying to sell the house in the same tough market,
3. You (the successful buyer) get much more home for your dollar than you would buying from a non-distressed, "full retail" seller.

 Here's what you get: 

• The Home:
  
• • 4 Bedrooms, including Master w/Master Bath/Walk-In Closet
  • 2 & 1/2 baths, (vinyl floors, plus "roughed in" future basement full bath)
  • Family Room
  • Laundry Room
  • Open floor plan: Living Room, Dining Room, Kitchen
  • Warm, beautiful cherry hardwood floors throughout open living area
  • 2,200 square feet of heated/cooled living space
  • Closets, closets, and more closets
  • 9-foot ceilings on 1st floor
  • Freshly painted, all walls & ceilings, 2-coats throughout
  • Spacious, private rear deck--over 300 square feet
  • Kitchen appliances included.
    
• The Basement:
  
• • Full, unfinished basement with
  • 2-car garage, including remote garage door openers
  • possible future studio/office/bedroom with separate entrance, windows in two walls
  • "roughed-in" plumbing for future full bath in basement office/studio/bedroom

•  The Physcial Plant:
  
• • Wood frame on 9-foot high masonry block basement foundation
  • Home built in December 2003
  • Two independent electric heat-pump systems--one for each floor for maximum efficiency
  • 2,200 square feet of heated and air-conditioned living space (excludes basement)
  • Roof - six years old--30-year architectural shingles
  • City Water/Sewer/Recycling
  • Cable Available
  • Vinyl siding
    
• The Schools:
  
• • Reynolds High School
  • Reynolds Middle School
  • Haw Creek Elementary School  (walking distance)
  • • These schools consistently place at the top of all public school performance rankings for all of western North Carolina
  • Evergreen Charter School (walking distance)
  • Asheville Christian Academy (10 minutes)
  • University of North Carolina at Asheville (10 minutes)
  • Asheville-Buncombe Technical College (10 minutes)
  • Warren Wilson College (15 minutes)

•  The Community:
  
• • 5 minutes (no exaggeration) to downtown Asheville
  • Haw Creek is one of the most desirable, best situated communities in Asheville, lying between the Blue Ridge Parkway to the east and Cisco Mountain to the northwest.
  • Children and pet friendly
  • Walking distance (10 minutes) to Haw Creek Elementary School
  • Semi-rural neighborhood with small-to-large, old-to-newer homes, yards, woods, pastures.
  • Minutes to Asheville Mall
  • Minutes to Blue Ridge Parkway entrances at Oteen and Hwy 74
  • Minutes to Mission/St. Joseph's Hospital and medical center of western North Carolina
  • Minutes to Interstates 240 & 40
  • 20 minutes to Asheville Regional Airport
  • 60 minutes to Mt. Mitchel (highest point east of the Rockies)
  • Asheville itself has been called the "Paris of the South". It truly is a vibrant and unique city, encompassing a wide spectrum of interesting people, architecture, and endless outdoor activities. It is also home to a stunning number of artists and craftsmen, and has long been a regular stop on the rode to fame and acclaim for musicians playing all types of music. Even a midnight visit to downtown Asheville always finds lots of people enjoying themselves in the coffee shops and on the streets.

• The Lot: 

So What's the Catch?

If you are beginning to see the potential value here, congratulations! Read on. You may just land yourself this home at a price you'll smile at for years to come. (If you don't see the potential here, we strongly suggest that you OWE IT TO YOURSELF to at least check it out.  It costs you absolutely nothing to see for yourself.)

So, what is the catch? The catch is this--if you honestly expect to save possibly tens of thousands of dollars on this home, you have to do a little work for it.

Here's What You Have To Do:

1. Understand that this is "short sale". The bank must approve any final offer and sale to close the deal. This takes time. It can take a lot of time. For the Buyer it boils down to a willingness to be patient and wait for the lenders to do their thing. If immediate occupancy is a requirement, the home could be rented on a month-to-month basis.
2. Make a legitimate offer. All offers will be seriously considered. If we feel an offer has a chance of approval by the lenders, we will work with you to get it accepted.

A Word About Pricing to Potentially Serious Buyers:

1. While banks often take tens of thousands of dollars less than the house is actually valued, they do not give them away. 
2. Our Subject to the paragraph above, we, the sellers, have already resigned ourselves to getting absolutely nothing from any offer you make, so we don't care how low you go. 
3. ....But..If you get serious about the house you'll want to offer a price the bank will likely accept. None of us wants to waste our time. The Attorney we've retained to represent both of us specializes in dealing with the banks on short sales. He reserves the right to submit or not submit an offer based on his best opinion as to the likelihood of the bank actually approving it. Should he so judge an offer likely to fail, the highest bidder will have the opportunity to discuss a pricing strategy with him (at no cost) and then choose either to increase his bid or withdraw it at no penalty or further obligation.
4. RE Agents Welcome.  MLS#: 443902

Call 828-216-9155 For More Information

or To Schedule a Viewing Appointment

DIRECTIONS TO 110 CISCO ROAD:

From Downtown Asheville:

Take I-240 East to Exit 7 and go left on Hwy 70E/Tunnel Road.
Turn left at 1st light and immediately turn right (road "T"s) onto New Haw Creek Road.
Proceed 1/2 mile to Cisco Road (1st road on left)
Turn left onto Cisco Road
Go to and proceed thru "STOP" sign at Old Haw Creek Road (be sure to cross intersecting road)
Proceed 1/2 mile to #110 on left (after Cisco Road turns hard left)

Contact Info:

John Erwin 828-216-9155 erwinjae@bellsouth.net
Margy Murphy 828-215-7708

Liz Talmadge * Seller Solutions * 828-775-7355