1 Bedroom Condo in Semiahmoo Sells for Record Price Despite Initial Buyer Default

Semiahmoo, a picturesque gated community known for its stunning views and luxurious amenities, recently saw a record-breaking sale of a 1-bedroom condo despite facing a financing hiccup along the way. The light, bright, and highly functional condo had been on the market for just over three months before finally closing at a price that exceeded all expectations.

The property, located in the heart of Semiahmoo, boasts a prime location with easy access to the community’s golf courses, marina, and scenic walking trails. The condo’s open floor plan and modern finishes make it a desirable option for those looking to downsize or invest in a vacation home.

The journey to closing day was not without its challenges, however. The condo was initially under contract with a buyer who encountered financing issues at the eleventh hour, causing the property to come back on the market. Despite this setback, the seller remained optimistic and determined to find the right buyer who would appreciate the condo’s unique features and prime location.

With the help of a dedicated real estate agent, the seller was able to navigate the complexities of the real estate market and secure a deal that exceeded their expectations. The agent’s expertise in negotiating and advising throughout the process proved to be invaluable, especially in a market where interest rates remain high and seasonal fluctuations can impact sales.

The seller’s satisfaction was evident as they reflected on the successful sale of their condo. Not only were they able to achieve their goal of selling the property, but they also managed to do so at a price that set a new record for 1-bedroom condos in this particular association. The final sale price was nearly 10% higher than any other comparable property in the community’s history, a testament to the seller’s patience and perseverance in the face of adversity.

The seller’s agent emphasized the importance of having a knowledgeable and experienced representative in real estate transactions, particularly when unexpected challenges arise. In this case, the agent’s guidance and expertise played a crucial role in securing a successful outcome for all parties involved.

As the closing day approached, both the seller and the buyer were eager to finalize the transaction and move forward with their respective plans. The buyer, who had been drawn to the condo’s charm and amenities, was excited to officially call Semiahmoo home. Meanwhile, the seller was looking forward to moving on to their next chapter with the satisfaction of a job well done.

In the end, the sale of the 1-bedroom condo in Semiahmoo served as a reminder of the resilience and determination required in the real estate market. Despite facing obstacles along the way, both the seller and the buyer were able to come together and achieve a successful outcome for all involved.

Presented by:
Jeff Engen
MJB Real Estate Group
jeff.mjbrealestategroup.com
[email protected]
360-284-1575

Property Address:
5416 Snow Goose Lane #407 Blaine, WA 98230