Hi All,
I have a foreclosure property in Desoto seeking a buyer- deal is available as either Sub 2 or wholesale, basic terms are below for wholesale and sub 2 deal. If you have any homeowner buyers looking for their forever home and willing to do some minor repairs this would also be a great opportunity!
Contact for address: 469.249.0054 or ericka@yukonproperties.net
Desoto TX 75115
5 bed, 3.5 bath, 3411 sqft
2002 Build Year
Rehab: Cosmetic upgrades [paint, carpet throughout], will need to repair
leak in attic from water pipe, no structural issues, no roof/foundation
issues
Property is OCCUPIED- showings only under contract
Full Photos: https://www.dropbox.com/sh/3h3glgk80x3cop7/AAAC2uQbodSoGcog-C_SSYcVa?dl=0
ARV $254-260K [508 Candle Meadow Blvd recently sold for $258K]
Rent Est $2000-2200/month
Sub 2 info:
Assignment Fee $4K
Mortgage 1: Nationstar
Monthly payment $1352.86
Amount needed to bring loan current: $9,846.44
Interest Rate 4%
Principal Balance: $154,382.66
Payoff Balance: $164,504.60
Mortgage 2: HUD
Amount needed to bring loan current: $0.00
Interest Rate: Unknown
Principal/Payoff Balance: $48,681.33
Wholesale price: $216K [this is amount needed to clear title] +$4K assignment fee
Cash or HML only [if wanting to Wholesale]
Proof of Funds required
Buyer to pay closing costs
Title is being ran at Federal Title Inc, HUD-1 statement is ready to go
Property sold AS IS
Closing Date 4/24
**Do your own due diligence
