Without the renovation, the home would have sold for less than $500K. Today, the asking price is set at $650K with new interest in the property pushing that price even higher.
La Jolla, CA (PRWEB) October 06, 2015
Despite numerous challenges, the team at Aumann Bender & Associates has turned a 34-year-old smoke-damaged home into a hot ticket item to help a 75 year old Vietnam veteran boost his retirement. The seller is seeking top dollar for his Mira Mesa home which initially seemed impossible yet today, the heated interest may push the home’s value way above asking price thanks to Aumann Bender & Associates.
The home situated in the diverse community of Mira Mesa was not only old but generally had not been improved in any way since 1981 besides annual maintenance and appliance upgrades. Moreover the client had been a heavy smoker for more than two decades leaving the interior of the home cigarette smoke stained and odorous.
He turned to Aumann Bender & Associates for helping getting top dollar for his four-bedroom home. After evaluating the home, they proposed a somewhat unusual solution: Take out a home equity loan and do a homeowner flip.
On the recommendation of the Aumann Bender & Associates contracting team and Millport Construction, the client sought a $75K line of credit from Federal Navy Credit Union and was approved. From there the team began a total renovation of the home from top to bottom even adding a 5th bedroom.
Without the renovation, the home would have sold for less than $500K. Today, the asking price is set at $650K with new interest in the property pushing that price even higher. It took smart, innovative thinking to help this elderly client maximize his homes value to get the top dollar he seeks.
Like many Americans, this 75 year old vet will use the profits from the sale of his home to supplement his retirement income. Getting top dollar was imperative for him to live comfortably in his out years. Choosing one of San Diego’s top luxury real estate teams has helped him to realize that goal.
Aumann Bender & Associates founder Joy Bender was recognized nationally for her outstanding work just last year in a report highlighted in both The Wall Street Journal and REAL Trends Inc.’s The Thousand. Out of all of the agents in the country, Joy Bender was named among the top 1,500 real estate agents based on sales volume, transactions sides, and average sales price.
Ms. Bender however gives the credit to the extraordinary region in which she helps buy and sell real estate. “We are proud to represent the finest homes in the San Diego market. This recognition is a result of our market knowledge and the support of the Sotheby’s International Realty brand, all of which enables us to effectively market and sell these extraordinary residences.”
About Aumann Bender & Associates
Founded by Joy Bender and Rob Aumann, Aumann Bender & Associates is a top grossing team with Pacific Sotheby’s International Realty, specializing in San Diego’s luxury real estate market and confidential representation of UHNWI and HNWI. Significant sales include 2938 Sandy Lane in Del Mar which was the most expensive on market home sold in San Diego County for 2014. They are a Certified Luxury Home Marketing Specialist, NAR Certified International Property Specialist, Member of the Million Dollar Guild, and a Certified Negotiation Expert. Interested buyers or sellers can contact the team or browse available properties here http://www.luxurysocalrealty.com.
About Sotheby’s International Realty
The Sotheby’s International Realty network currently has more than 17,000 independent sales associates located in approximately 800 offices in 61 countries and territories worldwide. Each office is independently owned and operated.