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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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How to Purchase a Fannie Mae Foreclosure Property
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 Information
Property Type : 2 - 4 Units
City : Members Only
State : Kentucky
Zip Code : Members Only
County : Members Only
Square Footage (GLA/ GBA) : 2000
Lot Size : Members Only
Lot Attributes : Members Only
Measurement : Sq. Ft.
Number Of Units : 2
Zoning Code : Members Only
Over All Property Condition : Average
Property Description:
INCOME OPPORTUNITY PROPERTY, Main House, 4 bdrm, 2 bath, on 1 acre, Central Heat, no A/C, needs carpeting, painting, covered patio on back of house, one car garage w/apartment on side. Hse currently rented for $600, apartment rented for $400. Huge yard front and back. West of city towards teh country. Murray, KY is a college town and this property is about one mile from the college campus. Sale price is at $125,000. Appraised at $139,000.
Surrounding Neighborhood:
Members Only
Purchase & Invesment Information
Purchase Price : $125,000
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
Familiarity with Property : Somewhat Familiar
Familiarity with Neighborhood : Somewhat Familiar
Time Inveting in Realestate : 1 - 3 Years
Property Documents
Brochures / Flyer (0)   Market rent / Vacncy Information(0)
Demo Graphics (0)   Floor Plan / Site Plan (0)
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