LOW Entry! LOW Rate 3.25%!
Covington CV, Princeton, TX 75407
4 Bed / 2 Bath
2182 Sq Ft Living Space
Built 2021
ARV: **$350,000+
*YOUR Entry FEE:
Cash to Seller - $1,000
Fees - $16,675.39
Arrears - $9,817.03
Total
$27,500
+ Closing Costs
Very Clean House Throughout
Foundation, HVAC, Electrical, Roof, and Plumbing - No Known Issues
Under Builder Warranty
Great Rental Area!!
Always Do Due Diligence
Subject To Terms
Underlying Mortgage - $287,162.64
Interest Rate - 3.25%
Maturity Date - 08/01/2051
PITI - $2,326.58 P - $532.70 I - $774.86 TI - $1,019.02
SolarDebt: $39,801.62
Interest Rate:3.49%
Arrears - $0
Payment: - $231.84
Underwriting
LTR: $2,400-$2,700
MTR: $900/room
STR: $51.3K/year
Sec 8: $3,210
FOR MORE INFO OR TO MAKE AN OFFER CONTACT:
CLOSE DATE: 01/31/24
Agents, please add commission on top of the asking price.
This is an assignment of contract for equitable interest.
CALL OR TEXT NICCO 214.702.3313
**ALL INFORMATION DEEMED RELIABLE
PLEASE DO YOUR OWN DUE DILIGENCE
ARV IS ONLY AN ESTIMATE, NOT GUARANTEED
Terms & Conditions:
Close Date: ASAP
Cash or Hard Money Only
Property is being sold AS-IS
Buyer pays their closing costs
Non-Refundable Earnest Money Required
EMD - $5,000 (Due within 24 hours of signing the assignment contract)
Agents & Wholesalers, please add your commission to the sale price
*Disclaimer - Closing costs are determined by title company and cannot be controlled by the assignor.Any discrepancies of closing costs will not be negotiable.Seller property taxes will not be prorated at closingBuyer to do ALL OF YOUR OWN DUE DILIGENCE. This is your investment as the buyer.
Disclaimer: House is being sold as-is. Buyer to pay for all standard closing costs. All offers on properties require a $5,000 non-refundable earnest money deposit. Agents will add their fee on top of any asking price and will be reflected on the contract.
Fazio Real Estate Solutions, LLC does not claim to be the owner of the properties we market for sale. All properties subject to errors, omissions, deletions, additions, cancellation. All properties sold as is, where is with absolutely no representations written or oral. Buyer is to do their own independent due diligence. Property will not be considered under contract until signed contract and deposit received with all contingencies removed. Fazio Real Estate Solutions, LLC is a real estate investment firm. *This is a private and confidential communication that should not be shared with any other person or party. Violation of this will result in recipient being removed from our exclusive email list.
IMPORTANT -This e-mail and any files transmitted with it are private and confidential and are solely for the use of the addressee. It may contain material that is legally privileged. If you are not the addressee or the person responsible for delivering to the addressee, be advised that you have received this e-mail in error and that any use of it is strictly prohibited.
CONSUMER ALERT ** PLEASE READ THE FOLLOWING **
Due to the recent rise in cyber crime sweeping the real estate industry, we want you to be aware of the following important information: There have been many instances of real estate agents', brokers', attorneys', and/or consumers' e-mail addresses being hacked/phished. The cyber-criminals forward bogus wire instructions, redirecting deposits and/or cash to close to a fraudulent bank account. Once received, the money is quickly sent offshore, where it is difficult if not impossible to retrieve.
If someone representing Fazio Real Estate Solutions, LLC or any other party involved in a transaction you have with this company sends you wire instructions, CALL OUR OFFICE IMMEDIATELY BEFORE SENDING ANY FUNDS. DO NOT SEND AN E-MAIL. We will never ask you to send wires to any other person or entity.
LICENSE HOLDER DISCLOSURE: Texas law requires a real estate license holder who is a party to a transaction or acting on behalf of a spouse, parent, child, business entity in which the license holder owns more than 10% or a trust for which the license holder acts as the trustee or of which the license holder or the license holder’s spouse, parent or the child is a beneficiary, to notify the other party in writing before entering into a contract of sale. Disclose if applicable: Niccolo Fazio is a licensed real estate agent in the state of Texas. All Parties engaging in a transaction with Fazio Real Estate Solutions, LLC acknowledge that Niccolo Fazio is a real estate agent, however, Niccolo Fazio is not representing any party involved in any transaction. Fazio Real Estate Solutions, LLC nor Niccolo Fazio does not represent you as your real estate agent in any capacity of a transaction unless agreed upon by all parties in writing.
REGARDING ASSIGNMENT CONTRACTS: EQUITABLE INTEREST DISCLOSURE PURSUANT TO TEXAS PROPERTY CODE SEC. 5.086: THIS INSTRUMENT REPRESENTS ONLY AN OPTION OR ASSIGNMENT OF AN INTEREST IN REAL PROPERTY. IT IS NOT A TRANSFER OF TITLE. THE ASSIGNOR DOES NOT HAVE LEGAL TITLE TO THE PROPERTY. CONSULT AN ATTORNEY PRIOR TO EXECUTION IF YOU DO NOT UNDERSTAND THIS DISCLOSURE.
Fazio Real Estate Solutions, LLC or any other party involved in a transaction does not claim to be the owner of the properties of the contracts that we market for sale. If we are not the owner(s) then we simply have an equitable interest in the property. Fazio Real Estate Solutions, LLC or any other party involved in a transaction is a real estate investment firm and does not claim to be licensed real estate agents or brokers therefore we are not providing representation of the seller(s).
Fazio Real Estate Solutions, LLC or any other party involved in a transaction will assign to the buyer equitable interest. The assignment will be initiated upon reaching a purchase agreement and deposit received. The deposit will be refunded if only the seller doesn’t perform and/or the title does not clear within a reasonable amount of time. The contracted closing is only extended if the title is not deemed clear and all involved parties agree to the extension.
All above-stated information, including any projected after repair values and estimated repairs, are a matter of personal opinion and therefore should be verified independently by the buyer. Always perform your own due diligence to verify and validate any numbers presented before signing a contract or assignment to purchase any property.
All materials available on our website and provided by Fazio Real Estate Solutions, LLC are samples and for informational purposes only. Fazio Real Estate Solutions, LLC does not provide legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a lawyer if you want professional assurance that our information, and your interpretation of it, is appropriate to your particular situation. You are solely responsible for ensuring that your business practices comply with all applicable, local, state & federal laws.
*This is a private and confidential communication that should not be shared with any other person or party. Violation of this will result in recipient being removed from our exclusive email list. This is the price to purchase our equitable interest in the property, and established contract with the seller.
CONSULT AN ATTORNEY PRIOR TO EXECUTION IF YOU DO NOT UNDERSTAND ANY DISCLOSURES OR CONTRACTS.