Hey All,
Hope everyone is doing well. I know I am. Just got done watching LOST (it’s pretty much the only show I actually sit down and watch on a weekly basis). Unreal. I remember when I used to wonder how in the world they were going to get off that island. How times have changed…
Anyway, I just wanted to pop in quick and let everyone know that we got another short sale approved today. Pay attention, here’s the lowdown.
It’s a three bedroom, one bath, single family home on the north side near 54th & Silver Spring. It’s move in ready and the tax assessed value is $110,000.
You can have it for $52,000.
For those of you that missed it…
You can have it for $52,000.
Also, I have a tenant lined up ready to move in and they’re willing to pay $850 a month.
That’s right, you can either leave your money in your IRA and lose, who knows how much, each and every month… after month… after month, or you can take $10,400 out, put it down on this property, hold a note for $41,600 and a payment of $276 per month ($480 after taxes and insurance), purchase this property for $52,000 and make a measly $370 cash flow per month. Or buy it cash for $52,000 and cash flow around $650 a month.
It’s up to you. I’ll have more information tomorrow. Hopefully it’s still around.
Salesman Koby – over and out.
[...] … to housing developers will stimulate the sale of these vacant homes to low-income buyers Single Family Short Sale At 50% Of The Tax Assessed Value Approved Today. – kobyluedtke.com 01/29/2009 Hey All,Hope everyone is doing well. I know I am. Just got done [...]