I think what this ad is really saying is Please somebody do something before I walk away:
relocating and need to get rid of my house
10K obo and i will give you my deed.
please anybody out there who can help????????? if you are an investor and know what you are doing you can make lots of money on this deal. if you are a regular joe looking for a house. this is a great deal to get into an awesome house and save money.
Here’s the financing options the seller recommends:
1.10K obo i give you my deed authorization on my 80/20 loan. will take about 10K to keep out of foreclosure on NOV 14 07.
2. lease option: $45,000 down payments are $4,000 a month
3. sell out right for $590,000
4. do a short sale with the bank and will sell to you for $450,000. We need verifyable funds for the entire amount, maximum of 90 days to do the deal, and a Non-Refundable deposit of $5k if you decide to back out of the deal at the last minute after given a yes by the bank. the 5K will go toward the purchase.
It sounds like getting the needed comps could be a little tricky:
When pulling comps. YOU CANNOT USE local or national comps. you need an appraiser that works this area ONLY. you will get inaccurate numbers. each house is indiviually custom built, with different amenitities and land.
