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Our job is to complete construction, realign values and sell the homes at prevailing market rates, adds Nall. This is a unique scenario in which an inspiring product designed at the peak of the housing market may well sell at bottom-of-the-market prices. Despite its Classical Revival-style architecture, the former church now boasts modern interiors and technology, as well as high-rise construction quality within. Each home features soaring 30-foot-high ceilings, metalwork and cabinetry crafted by Seattle area artisans, polished concrete floors, re-purposed marble from the original building and top-of-the-line appliances and fixtures that include brands such as Wolf, Bertazzoni, Liebherr, Asko, and Kohler to name a few. Ranging from four to six levels (including roof top terraces); the town homes are sized from 1,600 to more than 3,000-square-feet and will list from the low $500,000s to $1.1 million about 45% below original asking prices, according to the listing brokers. Waiting paid off for patient homebuyers trying to time the market at The Sanctuary, said Dean Jones, principal of Realogics Sothebys International Realty. Were offering a greatly enhanced yet highly affordable product by virtue of dramatically lowered purchase prices and historically low interest rates. And the landmark designation means significantly reduced property taxes for the next ten years. Two model homes will be opened this weekend for public previews from 11 a.m. to 5 p.m. The official sales debut is scheduled for January 28, 2012 when the sales office opens. More information can be found on the recently launched website at www.LiveatSanctuary.com.
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ABOUT RESOURCE TRANSITION CONSULTANTS, LLC. RTC, headquartered in Edmonds, WA, was founded in 2008 by Robert Nall, Douglas Barnes and Kevin Hanchett to provide receivership services to lenders on financially distressed real estate transactions. The firm has been active in the successful disposition of numerous communities, in addition to distressed commercial and business assets. For more information, visit www.rtcreceivers.com. ABOUT REALOGICS SOTHEBYS INTERNATIONAL REALTY Seattle-based Realogics Sothebys International Realty is a nationally-recognized, full-service real estate brokerage that specializes in new construction sales and marketing services for its developer and lender clientele. Representing high-profile multifamily communities in the Seattle area, the firm is a top selling residential brokerage in Seattle by dollar volume for multifamily, according to Trendgraphix. For more information, visit www.realogicssothebysrealty.com.
For high-resolution photography of the Sanctuary and additional property information, please contact Michelle Poitevin at 206.448.5752 or email Michelle@Realogics.com.