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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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Purchasing a Fannie Mae property in my opinion is the easiest and best way to go right now if you are looking for a foreclosure property. Fannie Mae is government run.
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  Property Details  
     
     
 
Property Images
 
 
 
 
     
 
Property Information
 
 
Project Name : Buy & Hold
Property Type : Single Family
City : Members Only
State : Texas
Zip Code : Members Only
County : Members Only
   
Square Footage (GLA/ GBA) : 960
Lot Size : Members Only
Lot Attributes : Members Only
Measurement : Sq. Ft.
Number Of Units : 0
Zoning Code : Members Only
Over All Property Condition : Good
   
Property Description:
I have a total of 4 properties 3 buy/hold & 1flip Discount for all purchased together

Occupied- Do Not Disturb Tenant-
960 Sq Ft. 2/1/1

Price: 55K

Current Rent: $675/mo Long term tenant on a month to month lease

CMA 90k

great tenant in place that is taking care of property. just repainted interior and replaced shed door

Property has newer roof, plumbing and gas lines.

Call 682-233-4003
 
Surrounding Neighborhood:
Members Only
 
 
 
     
 
Purchase & Invesment Information
 
 
Purchase Price : $55,000
Investment Type : Wholesale Property
Investment Amount Needed: $0.00
Equity offered to Equity Partner : 0.00
   
Estimated Cash on Cash Return for Investor : Members Only
Contingency Expiration Date : Members Only
   
Process Complete to Date:  
   
  Members Only  
   
Why is the Property being Sold?:
Members Only
 
 
 
     
 
Personal Invesment Details
 
 
Will Seller Carry a Note : No
Rate : Members Only
Years Amortized : 0.00
Amount : $0.00
Ballon Amount : $0.00
Prepayment Penalty : $0.00
   
Familiarity with Property : Very Familiar
Familiarity with Neighborhood : Very Familiar
Time Inveting in Realestate : Over 5 Years
   
   
 
 
     
 
Property Documents
 
 
Brochures / Flyer (0)   Market rent / Vacncy Information(0)
 
     
Demo Graphics (0)   Floor Plan / Site Plan (0)
 
 
 
     
     
 
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