Equity Home Sale Closes in the Metrowest Neighborhood, Stonebridge Commons, with Help from Francisco Orchilles of the Orchilles Realty Group
Orlando, FL, October 09, 2013 --(PR.com
)-- The Metrowest townhome was for sale a total of 14 days before it received multiple offers. Since Francisco Orchilles specializes in the Metrowest area, he knew that that particular portion of Stonebridge Commons, known as Mandalay, would sell for more than the comparable sales led on. The townhome was originally listed for $240,000 and ended up selling to a cash buyer for $241,000. Since the property received multiple offers, a bidding war took place and the resulting sale price was over the original asking price.
The Metrowest townhome that was sold ended being the highest priced sale in the neighborhood since 2008. It has 3 bedrooms, 2.5 bathrooms, and an open floor plan on the first story. The new home owners, as members of the Stonebridge Commons HOA, will be able to enjoy tennis courts, a fitness room, and a large community swimming pool.
Francisco Orchilles says, “Since Stonebridge Commons was built during the Metrowest real estate boom, many of the owners are faced with negative equity. The real estate market in Metrowest, and specifically Stonebridge Commons, has seen an increase in home values since 2010, and many of the home owners that were previously underwater on their home values are seeing a light at the end of the tunnel.”
Francisco Orchilles has successfully closed $3.8 million in real estate sales since he joined Keller Williams Classic Realty in April 2012. In 2013, he formed the Orchilles Realty Group in order to provide his clients with the excellent service they had come to expect. Using his knowledge of the real estate market and strong negotiation skills, Orchilles has helped over 30 families buy or sell their homes.
This press release was originally posted on www.orlandohouseprices.com
Francisco Orchilles, Realtor | Metrowest Property Specialist | The Orchilles Realty Group | Keller Williams Classic Realty | orlandorealtylist.com | orlandohouseprices.com | 407-925-4552