Deal or No Deal: Leering at Lafayette
Living in the Bay Area suburbs can be an expensive proposition. If you’re looking for good schools, proximity to restaurants a big yards, even after historic price declines there aren’t a lot of cheap options. (click to enlarge photos)
Lafayette, about 20 miles east of San Francisco, isn’t exactly the first town that comes to mind when thinking of affordable suburban communities. Because it isn’t. But the housing slump hasn’t skipped this East Bay community, as prices are coming
down and deals are cropping 
up.
This home is newly listed and a short sale, meaning the bank has given the owner the tentative OK to list and sell the property for less than the mortgage amount. These types of transactions can be tricky to pull, but for the persistent, patient buyer, there are opportunities to be had. Close to downtown Lafayette, this represents one of the most affordable homes in the area that’s move in ready, with a yard and conveniently located near freeway and downtown access.
The only question is whether it’s a: DEAL or NO DEAL?
Address: 926 Moon Ct., Lafayette, CA 94549 (MLS Listing)
Status: ACTIVE
Bedrooms: 3; Bathrooms: 2
Living Space: 1,330 sq ft
Lot Size: 7,068 sq ft
List Date: 6/16/2009
Original List Price: $550,000
Current List Price: $550,000
MLS no.: 40415207
Real Estate Agent Comment: This beautiful home is located in the heart of Lafayette. The home has been thoroughly upgraded and extensive remodeled. Close to BART and EZ Acess to major commute routes. Please Don’t Let the Cats Out!
DEAL or NO DEAL?
Comment below and tell us what you think!