Extra, Extra read all about it | Bremerton’s Waterfront Condos | “The 400″ to be sold Auction Style. « Bremerton Real Estate Blog :: Bremerton :: Silverdale :: Naval Base Kitsap

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$8,000 Tax Credit Extension – Looks Like a Done Deal – President Obama to sign this week November 3, 2009

Rhonda Porter over on Facebook published the link to the CBS MoneyWatch.com site so I thought I would share the news. Of course we still need President Obama to sign the extension so contracts pending in escrow still need to be processed with the November 30th deadline until he signs it this week. This should [...]

Jo Soss-Olson

Port Orchard WA Real Estate | September Homes Sold | Homes Sold in Port Orchard WA 2009 October 22, 2009

During the month of September there were 60 homes that sold in Port Orchard. These Port Orchard homes actually had a transfer of home ownership. Contracts complete and Lender funds available the home buyer and seller signed all of their documents as escrow prepared the closing packages. Once all the I’s were dotted and the [...]

Jo Soss-Olson

Bremerton WA Real Estate | September Homes Sold | Homes Sold in Bremerton WA 2009 October 22, 2009

During the month of September there were 82 homes that sold in Bremerton. These Bremerton homes actually had a transfer of home ownership. Contracts complete and Lender funds available the home buyer and seller signed all of their documents as escrow prepared the closing packages. Once all the I’s were dotted and the T’s [...]

Jo Soss-Olson

Silverdale WA Real Estate | September Homes Sold | Homes Sold in Silverdale WA 2009 October 22, 2009

During the month of September there were 162 homes that sold in Silverdale. These Silverdale homes actually had a transfer of home ownership. Contracts complete and Lender funds available the home buyer and seller signed all of their documents as escrow prepared the closing packages. Once all the I’s were dotted and the T’s crossed [...]

Jo Soss-Olson

Silverdale WA Real Estate | August Homes Sold | Homes Sold in Silverdale WA 2009 October 22, 2009

During the month of August there were 16 homes that sold in Silverdale. These Silverdale homes actually had a transfer of home ownership. Contracts complete and Lender funds available the home buyer and seller signed all of their documents as escrow prepared the closing packages. Once all the I’s were dotted and the T’s crossed [...]

Jo Soss-Olson

Bremerton 1st Time Home Buyers – Don’t let the $8,000 Tax Credit Expire! September 13, 2009

Just found this Video online and thought it the perfect simple explanation - I have several first time home buyers at the moment and we have all been talking about the new First-Time Home buyer Credit. This is the new 2009 First-Time Home buyer Credit. The $8,000. tax credit that is a credit and [...]

Jo Soss-Olson

Port Orchard WA Real Estate | August Homes Sold | Homes Sold in Port Orchard WA 2009 September 10, 2009

During the month of August there were 77 homes that sold in Port Orchard (up from 68 in July). These Port Orchard homes actually had a transfer of home ownership. Contracts complete and Lender funds available the home buyer and seller signed all of their documents as escrow prepared the closing packages. [...]

Jo Soss-Olson

Bremerton WA Real Estate | August Homes Sold | Homes Sold in Bremerton WA 2009 September 10, 2009

During the month of August there were 76 homes that sold in Bremerton. (August homes sold wans’t as hot as July – a decrease of 19 but still a good month.) These Bremerton homes actually had a transfer of home ownership. Contracts complete and Lender funds available the home buyer and seller signed all of [...]

Jo Soss-Olson

Silverdale WA Real Estate | July Homes Sold | Homes Sold in Silverdale WA 2009 September 2, 2009

During the month of July there were 24 homes that sold in Silverdale. These Silverdale homes actually had a transfer of home ownership. Contracts complete and Lender funds available the home buyer and seller signed all of their documents as escrow prepared the closing packages. Once all the I’s were dotted and the T’s crossed [...]

Jo Soss-Olson

Bremerton’s Blackberry Festival – Labor Day Weekend Fun September 1, 2009

20TH ANNUAL BLACKBERRY FESTIVAL Labor Day weekend | 20th Annual Blackberry Festival Sept 5-Sept 7, 2009 Hours: Saturday, Sept. 5th- 10 AM to 8 PM, Sunday, Sept. 6th- 10 AM to 7 PM Monday, Sept. 7th- 10 AM to 5 PM You want to know where the action will be this weekend in Bremerton? DOWNTOWN – [...]

Jo Soss-Olson

Extra, Extra read all about it | Bremerton’s Waterfront Condos | “The 400″ to be sold Auction Style.

Posted on March 13, 2008 by Jo Soss

A sign of the times is the “Auction”. When times are tough the tough find ways to move product. That is what I think is happening here. The high-end condo market is pretty slow right now in Bremerton so the owners of The 400 are employing a new stratagy. AUCTION ! If you are looking for a condo deal you will find one! One unit is reduced by 58%. Just this past week it was announced that the Kitsap County Consolidated Housing Authority is switching real estate companies on the nearby Harborside Condominiums. A sign of the times again. I don’t agree with that move. But then who am I? See the article at the Kitsap Sun for more information.

Waterfront Condos to Be Put Up for Auction

Filed under: 1st Time HomeBuyer, Bremerton WA Real Estate Info, bremerton real estate | Tagged: bremerton condo market, bremerton wa real estate

7 Responses

Gene Courter MA/MSW/LCSW/DCSW, on March 24th, 2008 at 5:00 pm Said:

! want a Condo how much do they cost>
Gene Courter LCSW/DCSW/BCD San Luis Obispo Ca.
805-468-2856

Reply
Meena Diwan, on March 24th, 2008 at 5:32 pm Said:

Hello,

I am interested to know if there will be an open house to view before auction.

Meena Diwan

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Jo Soss, on March 24th, 2008 at 5:51 pm Said:

Gene, here is some price information listed in the link above from the KitsapSun.

“Bidding for the smallest condos — one bedroom, one bathroom units with about 577 square feet — will start at $109,000, down from $259,000, according to Real Estate Disposition Corporation Web site, a private firm conducting the auction.

At the high end, a 1,729-square-foot, two-bedroom two-bathroom condo originally priced at $919,000 will start at $500,000 less.

The auction will take place April 20 at the Kitsap Conference Center. Viewing of the 28 brand new units will start March 14.”

Reply
Jo Soss, on March 24th, 2008 at 5:53 pm Said:

Meena, Yes. I am pretty sure they are open daily until the auction – are you in the area?

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Dan, on March 24th, 2008 at 6:48 pm Said:

Don’t get your hopes up. Real estate investors will descend on this auction like vultures and drive the prices up in a bidding war. Been there, done it.

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Jo Soss, on March 24th, 2008 at 6:58 pm Said:

Dan, You are probably right. I don’t know if I could watch as my dreams were washed away. I think I would rather purchase one at the Harborside. So do you think they will bid them up and then turn around and list them for sale?

Reply
Didn’t make it to Victoria this year « Scootin’ Old Skool, on May 19th, 2008 at 5:29 pm Said:

[...] Bremerton’s downtown, all of which have flopped. The latest attempt ended with the auction of new waterfront condos. Still, downtown looks much better than it did when I was making regular trips with the family to [...]

Reply