Wednesday, September 26, 2007

East Valley Wholesale


NOW 152K!!!
REDUCED 7,900.00. Estimated equity is 73k!!

At least go see it!!

Chandler,Az


159,900 Cash/Hard Money - NOW 152k
225,000 Estimated Retail Value
65,100 Equity or 71% ARV - Please do your own due diligence. NOW 73k Equity and 67.5%LTV

4BR 1BA 1Car Carport and 2 Car parking slab and RV access.
Block Home - 1416 sq ft

Roof and A/C in good condition. Kitchen cabinets can be kept and painted. Tile in Kitchen/dining in good shape. Home needs carpet and paint, some drywall repairs and bathroom updated. Could do a minor rehab to rent it for around 3k to 4k. Could do a complete remodel fro 10k to 12k.

EASY ACCESS
Home on Contractor lockbox. Call for code.

59% LTV


Scottsdale and Pima True wholesale property

* 5bd / 4.5ba/ 4cg / 3 fire places

* 7,692 sqft

* Lot 207,912 almost 5 Acres

* 2 story / Pool & Spa / Patio & BBQ

* No Rehab needed

Value : Appraisal was done 7/18/2007 for 3.8million ( view the attachment)

Purchase price is $2,250,000 million which you are picking the property up @ 59% LTV

Closing terms: Buyer to use seller title company and open escrow with 10k. There is only a 8 day inspection period on the property. Buyer understands that he is buying the property in " AS IS " condition. Buyer is to pay all closing cost. Buyer must close escrow on or before OCT 25, 2007.


1260 SQFT.
3 BEDS / 2 BATH
PARKING - 1 CAR GARAGE
BUILT IN 1961
Repairs: Needs cosmetic clean up as well as bath & kitchen updates, interior/exterior paint, EVAP only in house (AC on roof but never hooked up), roof repairs
Comps: $185k +/-, please do your own due diligence
Cash/Hard Money Price: $131K with a 10 day close and $2,500 earnest deposit; Buyer to pay all closing costs

This won't last!


69,900 Cash/Hard Money Price
Comps 144k minimum
Estimated Equity : 74k++


2BR 1BA Block Home - 894 sq ft.

OCCUPIED. DRIVE BY ONLY!!
Arrangements can be made for viewing but DO NOT KNOCK ON DOOR!!


To comp this property, you need to go outside the subdivision.
Using CMA analysis on homes between 800 and 1000 sq ft in the area :
173.87/sq ft for ACTIVES
165.21 for Pendings
157.07 for Solds