Wednesday, September 26, 2007

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.

0 comments: