A lucky flipper is getting a great deal.This home is in a trendy neighborhood and is ON SALE!
First Mortgage from 09/22/2004 $340,000, start rate of 6.57% adjusting upward
Second Mortgage from a private party 10/26/2005 $69,500(bandaid loan) didn't seem to help.
Total debt $409,500 thanks to a couple of lier loans..
Sales price under $300,000
1,900sf, 3 bed, 3 bath, huge garage, great potential.
1 comment:
And to think, we're just beginning this correction.
Keep up the good work.
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