Some affluent buyers don't limit themselves to what's on the market. When Henry Kravis, managing partner of New York-based Kohlberg Kravis Roberts, went shopping for a Palm Beach house in January, he didn't like any of the available properties. His broker, Lawrence Moens, identified a property that wasn't for sale, but fit Mr. Kravis's criteria: a 15,255-square-foot home on five acres along Lake Worth. "I just knocked on the door and said, 'I've got a buyer willing to pay a lot of money for your home,' " says Mr. Moens. A few weeks later, the deal closed for $50 million, public records show. Local brokers say it is the highest price ever paid for a non-oceanfront property there. Mr. Kravis declined to comment.
Planning on using down payment assistance with your FHA loan? Get it done before the end of the month. Congress has eliminated down payment assistance programs effective 10/1/2008.
6 Comments:
Today, May 13th go to Coppell Town Center (City Hall) and vote.
839 E. Bethel School Rd. will be held open from 2-4 p.m. today, Saturday, May 13th. Go see it.
Homes priced appropriately seem to be going under contract pretty quickly in Coppell.
Some affluent buyers don't limit themselves to what's on the market. When Henry Kravis, managing partner of New York-based Kohlberg Kravis Roberts, went shopping for a Palm Beach house in January, he didn't like any of the available properties. His broker, Lawrence Moens, identified a property that wasn't for sale, but fit Mr. Kravis's criteria: a 15,255-square-foot home on five acres along Lake Worth. "I just knocked on the door and said, 'I've got a buyer willing to pay a lot of money for your home,' " says Mr. Moens. A few weeks later, the deal closed for $50 million, public records show. Local brokers say it is the highest price ever paid for a non-oceanfront property there. Mr. Kravis declined to comment.
I'm looking for a one story home in Coppell ISD. Call me at 214-914-4988.
Planning on using down payment assistance with your FHA loan? Get it done before the end of the month. Congress has eliminated down payment assistance programs effective 10/1/2008.
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