Seller Finance Wholesale Deal! 1915 Lobelia Ln, Augusta, GA 30906

Richmond County, Augusta, GA, 30906
Sold
Listed at: October 18th, 2022
Price
$185,000
Sq. Footage
1347
Type
Single-Family
Parking
Driveway
Year build
2003
Lot size
0.20 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

Address: 1915 Lobelia Ln, Augusta, GA 30906

Description: 4 bed / 2 bath; 1347 sq ft

Condition: Light Rehab Needed


Link to Inspection Report with pictures, rentometer.com report, and comparative market analysis: https://drive.google.com/drive/folders/1-aM79jtT5ME6NFM4W1HHgWrR8Roz6TO8?usp=sharing

Zillow Link with Pictures: https://www.zillow.com/homes/1915-Lobelia-Ln-Augusta,-GA-30906_rb/64974905_zpid/


Seller Finance - Augusta, GA - 4 bed / 2 bath 1347 sq ft

Purchase Price: $185k

Cash to Seller: $35k (Includes assignment fee)

Seller Carry: $150k

Term: 30 yr with 5 yr balloon

Rate: 4%

Payment: $620

2022 Property Taxes: $59

Market Rents: $1500


Points of Entry:

Cash to Seller: $35k

Arrears: $0

Renovations: $8.3k

Closing Costs: $2.5k

NOTE: $5,000 Non-Refundable earnest money to be deposited by NOON of the following day or contract will be cancelled. Buyer must close with cash or hard money loan. REALTORS: If you are currently working with a client, and wish to receive a commission, please note that the wholesale price does not include your commission. You may want to negotiate a commission with your client separate from the wholesale price or you may adjust the wholesale price upwards to include your commission. ​​​​​​​DISCLAIMER: The above and all homes listed herein are owned by Seller or under contract with only selling the rights to the equitable interest in the property. Seller is in the business of acquiring properties and selling wholesale to investors or end users. Properties are acquired through a variety of sources. The price is net to the seller and the buyer pays all closing costs. All properties are sold in as is condition. Seller makes no warranty of any kind, expressed or implied, regarding anything about the property. Although it should be accurate, it has been known to produce varying information on occasion. The Seller is not held liable for any information released to the buyer from any source referenced for the buyer's convenience. Buyer must do your own due diligence, evaluation and inspection prior to making an offer. Determining value is the buyer's responsibility. Seller strongly recommends buyers employ an Investment Realtor to help determine value. Any reference to the value of a property by the Seller or any representative of the Seller is an opinion of value. Everyone has a differing opinion on value, cost of construction, materials, quality of workmanship and market speculation. Value is ultimately the buyer's responsibility and they should be diligent in determining market value. Seller of this property either owns or has equitable contractual interest in the properties marketed and may not be able to convey title to the property. All properties Subject to errors, omissions, deletions, additions, cancellation and are sold as is, where is with absolutely no representations written or oral. Buyer is to do their own independent due diligence. Buyer to verify all material facts including square footage. Property will not be considered under contract until signed contract and deposit received with all contingencies removed. Sales price is net to seller.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jeremy Thornburg

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Disposition manager