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 | Pros and Cons of Purchasing a Foreclosure Auction Property | | | There are many properties being offered at foreclosure auctions across the nation right now. Some are good investments and others are not.
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Property Details |
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| Property Information |
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| Project Name : |
Baltimore FIXER UPPER HOUSE - 4700 BLK of FRANKFORD AVE 21206 |
| Property Type : |
Single Family |
| City : |
Members Only |
| State : |
Maryland |
| Zip Code : |
Members Only |
| County : |
Members Only |
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| Square Footage (GLA/ GBA) : |
1434 |
| Lot Size : |
Members Only |
| Lot Attributes : |
Members Only |
| Measurement : |
Sq. Ft. |
| Number Of Units : |
0 |
| Zoning Code : |
Members Only |
| Over All Property Condition : |
Major Fixer |
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| Property Description: |
More BALTIMORE Wholesale Deals at:
http://www.baltimoremetrowholesalehouses.com
======================================
FOR SALE - Baltimore FIXER UPPER HOUSE - 4700 BLK of FRANKFORD AVE 21206
4700 BLK of FRANKFORD AVE
BALTIMORE, MD 21206
Hurry before this one is gone. Great neighborhood. Excellent rehab opportunity and a wonderful place someone can call home. You will find it EASY to get a tenant or a retail buyer for this neighborhood. This home sports over 1,434 SQFT of living space and will be a joy for a family to call "home" once you finish the rehab work.
===SUMMARY=============================
* Type: 3 beds, 3.5 baths, 1434 SQFT, Built 1930, SFH
* After Repair Value: $150,000
* Your Potential Equity: $57,500
* LTV after rehab: 62%
* Repair estimates: $40,000 - $50,000
* Purchase price: $52,500
===COMPARABLE SALES====================
* 4903 Willshire Ave, 21206: Sold for $155K on 11/12/10
* 5223 Anthony Ave, 21206: Sold for $146K on 5/19/10
* 5509 Cedella Ave, 21206: Sold for $159K on 11/24/10
* 4901 Anntana Ave, 21206 Sold for $150K on 12/14/10
===FUNDING AVAILABLE====================
Use our hard money funding source. Get a pre-qualifying packet at:
http://www.baltimoremetrowholesalehouses.com/Hard_Money_Loan.pdf
===VIEWING INSTRUCTIONS=================
* Call to get exact address and schedule a showing.
* Contact Christopher to make your ALL CASH offer: 301-549-1454
===TERMS================================
* Cash or Hard Money. No finance contingencies. Don't even think abut it!
* Close in 10-days of paying your deposit.
* $2,000 earnest money deposited in escrow, due upong contract signing.
===SALE TYPE============================
* Assignment of LLC.
* Buyer must close with our title attorney.
===IMPORTANT INFORMATION================
* All information is deemed reliable but not guaranteed
* CALL ME NOW: 301-549-1454
-------------------END------------------------------
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| Purchase & Invesment Information |
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| Purchase Price : |
$52,500 |
| Investment Type : |
Wholesale Property |
| Investment Amount Needed: |
$0.00 |
| Equity offered to Equity Partner : |
0.00 |
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| Estimated Cash on Cash Return for Investor : |
Members Only |
| Contingency Expiration Date : |
Members Only |
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| Process Complete to Date: |
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| Why is the Property being Sold?: |
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| Personal Invesment Details |
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| Will Seller Carry a Note : |
No |
| Rate : |
Members Only |
| Years Amortized : |
0.00 |
| Amount : |
$0.00 |
| Ballon Amount : |
$0.00 |
| Prepayment Penalty : |
$0.00 |
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| Familiarity with Property : |
Somewhat Familiar |
| Familiarity with Neighborhood : |
Very Familiar |
| Time Inveting in Realestate : |
1 - 3 Years |
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