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You can buy this house and take over the sellers mortgage. This deal will leave you with some equity and a chance for some nice rental spreads. Oh, and the property is only 10 years old. Lettsss gooooo.
PLEASE NOTE: We will only assign this deal to seasoned Subject To Investors. No newbies please.
Assignee must use a 3rd party servicing company to make the payments, so our seller can qualify for another loan in a year.
Located in a desirable neighborhood, this 3-bedroom, 2.5-bathroom home, built in 2013, combines modern aesthetics with functional living. The interior is accentuated by stainless steel appliances that add a contemporary touch to the kitchen. Although builder's grade, the home stands solid and promises durability. Please be informed that the home will be sold in its current state, and while it's priced competitively for a quick sale, it will not be professionally cleaned, and some items might be left behind by the seller. For those interested in viewing the property, keep in mind that we don't facilitate same-day showings. Kindly get in touch to schedule a viewing at one of our designated times. It's essential for buyers to conduct their own due diligence as the seller cannot guarantee the accuracy of any property condition information.
ADDRESS
- Call to get full address. Located near (Colston Ave & Corner Stroll Ln)
PRICING
Subject To Details
* Mortgage balance Estimate: $187,000
* Entry fee: $30,000 (estimated)
* Cash to seller at closing: $4,000
* Mortgage arrears: Estimated at $4,000
* Assignment Fee: $20,000 Minimum (The Highest Assignment Fee Offered Wins the Deal)
* Monthly Payments: $1,140 PITI
* Monthly Rents: $2,000 to $2,500
HOW TO BUY
- We Will Accept HIGHEST AND BEST OFFER
- We Don't do bidding wars, so make sure to get your highest offer in the first time.
- Or Beat Out All Other Offers and click the "Buy It Now" button.
- ALL OFFERS MUST BE SUBMITTED ON THIS PAGE.
- See Pricing Info Below.
CONDITION INFO
- Property is sold in As-Is Condition, and buyers agree to do their own due-diligence and inspections.
OCCUPANCY INFO
- Occupied but will be vacant at closing
CLOSING TIMELINE
- ASAP
TERMS
- Cash or Hard Money only
- Once offer is accepted, you must place $3,000 non-refundable deposit in escrow.
- Must be able to close within 48 hours of title company/attorney being ready. (Unless we agree on a specific closing date)
- Price is Net to Seller/Assignor and Buyer/Assignee paying all closing costs.
- Property taxes will be prorated to the day of closing.
- Property is Sold in As Is Condition with no warranties or guarantees made by seller
- If we don’t own the property, we will be assigning over our purchase agreement to an end buyer for an assignment fee.
- Please read additional terms below.
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