Working on a budget of $800,000.00, we located this property after the list price dropped from $839,000.00 to $799,000.00 after three weeks on the market. After some negotiation, which was eventually resolved by including a childrens’ playset in the deal, we were able to reach an agreement at $780,000.00 for this South of Ventura Boulevard property in Woodland Hills. During escrow, we successfully challenged an appraisal that was well off-target and based on properties that were not comparable to the target property. After overcoming that hurdle, our buyers were able to close on time on a deal that involved a less than 20% down payment. In the end, our first time home buying clients secured a great deal on a property that they will be able to raise their family in for many years to come.
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