30 year FHA Loan at 2.75%, $698/Mo, 5 year balloon, remaining loan balance $109,000.
Cash To Seller + Assignment Fee = Entry Fee of 25k - 28k
Total Purchase Price (135k-138K) = Remaining Loan balance (109K) + Entry Fee.
The only cash needed at closing is the entry fee, then buyer will continue making monthly mortgage payments.
-2 Bed 1.5 Bath
-872 SQFT + Finished basement including 1/2 bath
-Building/shed
-Newly remodel including roof, central air, water heater (2021)
-Currently rented at $1,200/Mo (Will be vacant June 31st)
Ask: $26,000
Buy now: 28,000
ARV: $140k-$155k
Video: Inside & outside walkthrough video below
Property currently tenant occupied but they will ber out by June 31st (house almost empty). 2 beds, 1.5 baths, 872 heated sqf not counting the finished basement with the 1/2 bath. House is turnkey. Walkthrough video of the inside and outside below.
Condition Details:
Roof: 2021
HVAC: 2021
Kitchen: Remodeled (See Photos)
Bed: 2 bedrooms (See Photos)
Bath: 1.5 baths (See Photos)
Windows: New windows
Flooring: Vinyl
Plumbing & Electrical: Both In Working Condition
Foundation: No foundation issues
Water access: City Water and city sewer
The assignee will place a $5,000 EMD and close as soon as possible
Please text or call Diego at 336.361.1867 for further details and assignment information. Thank you.
Please do not drive by the property without consent. All deals cash or hard money only. If you are a realtor, please contact us to discuss how we can get you paid! What I am selling is my assignable contract with the seller of the property. We file a memorandum with every property we market. I am not a realtor, nor do I portray myself as one. All properties require cash or a private/hard money loan in order to purchase - no FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. All properties are sold as-is, where is. Buyer must complete all due diligence before submitting an offer and executing any contract. Buyers will need to provide a $5,000 non-refundable deposit at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closings are an assignment of our contract with the seller to the end buyer.
Outside Buick
Inside Buick St
Inside Buick #2
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