The Bulk Price for all 19 homes is $331,360 ($17,440/door)
(TX Property Sold Already!)
plus $5605 Deed Prep & Recording ($295/house).
Individual Prices range from $8,750 for a Chicago Property
to $41,900 for a home in La Grange Maine
Great pricing for a package with No Michigan or Ohio Properties!!
State Breakdown: FL (3) GA (3) IN (1) IL (4) ME (2) MO (2) NJ (1) NY (1) WI (3)
For those of you looking to get your feet wet in the Bulk REO Business we have the perfect opportunity.
I came across this small 9 home package for $50K.
Mortgage.com values the properties at $510,000 or under 10 cents on the dollar!!
Now let’s say mortgage.com overvalues properties by 70% (which is extremely high, but what the heck).
That would value the portfolio at $153K which is still 32 cents on the dollar!!
Homes are located in the following states:
AZ(1) AR (1) MO (1) MI (3) LA (1) OH (1) KY (1)
Click HERE to email me if you’re interested.
UPDATED 3/2 – AVM COMES IN AT $1,281,172.25!
That puts this package at 22% of AVM. With only 2 houses in MI and 7 in OH this is a great deal!
!!NOT A SINGLE DETROIT HOUSE IN THIS LIST!!
Review the AVM below and email us for a contract when you’re ready to buy.
Download the list complete with full addresses and AVM: [Download id not defined]
- We own these properties – You will be dealing dierctly with the OWNER and PRINCIPAL
- 34 homes, mostly SFHs
- All Quitclaim deeds / AS-IS
- No tax prorations
- Package may be broken up – make realistic offer.
- States: (3)AL, (1)AR, (2)GA, (2)IL, (2)IN, (1)KY, (2)MI, (1)MN, (1)MO, (7)OH, (1)SC, (1)TN, (5)TX, (4)WI, (1)WV
- Bank provided BPO is $684,500.00
- 3rd Party AVM is $1,281,172.25
- Purchase price is $280,645.00 (22% of AVM) NET
TO BUY:
- Do your due diligence and be ready to buy
- To buy the entire list simply email us your POFs and we’ll email you a contract (OR)
- Cherry-pick the houses you want and email us an offer above the average price per house ($8,254.00) as well as your POFs and we’ll send you a contract if your offer is accepted
Seller financing is also available, but you must include a POFs for the down payment and be ready to provide standard financial documentation. We can approve you in MINUTES!
Look at what some of these have sold for!
http://www.cyberhomes.com/homes-lithonia-ga-30038/4345idlewoodpark/20524455.aspx
http://www.trulia.com/homes/Wisconsin/West_Allis/sold/25710-1615-S-57th-St-West-Allis-WI-53214
http://www.zillow.com/homedetails/3836-W-Mckinley-St-Phoenix-AZ-85009/7505607_zpid/
http://www.cyberhomes.com/homes-lithonia-ga-30058/2685rockchapelrd/28369069.aspx
http://www.zillow.com/homedetails/205-NW-12th-Ave-South-Bay-FL-33493/46878583_zpid/
http://www.trulia.com/homes/Illinois/Chicago/sold/98310-6053-S-Washtenaw-Ave-Chicago-IL-60629
http://www.trulia.com/homes/California/Sacramento/sold/6229958-1557-Frienza-Ave-Sacramento-CA-95815
http://www.trulia.com/property/1066398253-115-Gallagher-Ave-Logan-OH-43138
http://www.cyberhomes.com/homes-linden-mi-48451/16175knobhilldr/3458355.aspx
http://www.zillow.com/homedetails/263-Pope-Rd-Tobyhanna-PA-18466/9797432_zpid/
http://www.zillow.com/homedetails/33803-Kerr-Rd-Pine-CO-80470/13841909_zpid/
