Going, Going, Gone! Big Canoe Foreclosure Under Contract
Thank you for all the calls, emails and follow-ups on my blog post regarding the Big Canoe foreclosure on the waterfall lot. I was joyfully overwhelmed by the response!! I probably showed that house 20 times and met a lot of people who shared the same vision that I did about that property. Others I took out there were shocked at the remote location and amount of work that needed to be done but still happy that they got to see it. The sad news is that it has gone under contract, and when I spoke to the listing agent she said it was a solid cash deal. Of course I wish I had procured the sale, but I felt happy that the little house has someone to take care of it and I envision it to be spectacular when it’s finished.
One point to tonight’s follow up blog is that even though the market is slow there are some diamonds in the rough that will survive any market. The fact that this home was a foreclosure made it attractive to the masses. The fact that it was 171K on a 2.6 acre lot on a rushing creek in Big Canoe was irresistable! It’s my job to find deals like these and throw them out there for all to see. Because I live here and know Big Canoe real estate like the back of my hand, I enjoy specializing in Big Canoe rather than spreading myself out through several counties and subdivisions like a lot of other agents I know. I seldom need to scramble through listings to preview before meeting a customer.
Keep reading the blog – I’ll be looking for the next great deal in Big Canoe! Also, keep in mind that fall is not too far off, so if you’re looking for a fall weekend retreat or getaway, be sure to check out our Big Canoe rentals now before they are booked!
July 13th, 2008 at 8:02 pm
That was a nice piece of land. Doesn’t surprise me that is got sold.
July 13th, 2008 at 10:10 pm
The house was certainly in dire need of an overhaul. Did it actually go under contract for the 171K?
July 13th, 2008 at 11:19 pm
Hi Jeanne,
I have no idea what it went for since I was not the listing agent. Believe me I fished for the info. As soon as I find out I’ll let you know!!
September 17th, 2008 at 3:45 pm
[...] – bookmarked by 4 members originally found by frozenfire2 on 2008-09-09 Going, Going, Gone! Big Canoe Foreclosure Under Contract [...]
January 16th, 2011 at 10:05 am
I saw this home recently and I can tell you that the people who bought this foreclosure had vision! They spent more than a year and a small fortune making this home, as you predicted, spectacular, but in a understated, yet very elegant way.
They didn’t stop at just the house either, the deck along Blackwell creek got a makeover with new steps and lighting, new hot tub etc. Then the secret path the waterfall observation deck now has that deck enclosed in a lovely screened sleeping porch overlooking the waterfall.
Really the finest thing I have seen at Big Canoe.
January 16th, 2011 at 2:11 pm
Well you were right, it is spectacular