WE CURRENTLY HAVE PROPERTY UNDER A 90 DAY OPTION AGREEMENT WITH THE OWNER. AGREED TO PAY $1800 (3MTHS MORTGAGE PAYMENT) STARTING SEPT. 1, 06 DUE TO OWNER NOT BEING ABLE TO MAKE THEM ONCE TENANTS VACANT ON AUG 31,06.
CMA: $119.000
UNDER CONTRACT: $80.000
INSTANT EQUITY: $29,000
CONSIDRATION FEE: $10,000
WE PLANNED TO HAVE A INSPECTION PREFORMED IN SEPT. HOWEVER SOME VERY UNANTICIPATED SITUATION AS ARISED AND WE ARE NOT IN THE POSITION TO FOLLOW THROUGH WITH OUR PLANS FOR PROPERTY.
MINOR REPAIRS ARE NEEDED SUCH AS PAINT, PROFESSIONAL CLEANING INSIDE AND OUTSIDE. PROPERTY IS RAN DOWN DUE TO CURRENT TENANTS WHO LIVE THERE AT THE PRESENT MOMENT. MOVING OUT END OF THIS MONTH.
IF YOU CAN HELP PLEASE CONTACT ME ASAP. HOPEFULLY WE CAN FIND AN INVESTOR/BUYER BEFORE SEPT 1ST.
HAVE PICS AND DETAILS ON AGREEMENT AVAILABLE TO SERIOUS BUYER ONLY.
THANK YOU