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Pros and Cons of Purchasing a Foreclosure Auction Property
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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 : Investors Delight In Stanfield NC
Property Type : Single Family
City : Members Only
State : North Carolina
Zip Code : Members Only
County : Members Only
   
Square Footage (GLA/ GBA) : 1568
Lot Size : Members Only
Lot Attributes : Members Only
Measurement : Acres
Number Of Units : 0
Zoning Code : Members Only
Over All Property Condition : Minor Cosmetic
   
Property Description:
A gem in the suburbs. Front porch, large rear deck, huge front and back yard, fairly new kitchen cabinets. A rare find.
Light work needed (paint, carpet cleaning, recharge a/c unit).
$1,000 EMD required.
Home is sold on cash basis.
 
Surrounding Neighborhood:
Members Only
 
 
 
     
 
Purchase & Invesment Information
 
 
Purchase Price : $54,500
Investment Type : Contract Assignment
Investment Amount Needed: $54500.00
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 : Somewhat Familiar
Familiarity with Neighborhood : Not Familiar
Time Inveting in Realestate : Less Than 1 Year
   
   
 
 
     
 
Property Documents
 
 
Brochures / Flyer (0)   Market rent / Vacncy Information(0)
 
     
Demo Graphics (0)   Floor Plan / Site Plan (0)
 
 
 
     
     
 
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