Posted by Mark(Vegas) on August 01, 2000 at 23:42:39:
Initially I am planning to L/O and get a T/B.
HERE IS THE DEAL - Posted by Mark(VEGAS)
Posted by Mark(VEGAS) on August 01, 2000 at 14:40:09:
FSBO wants out making mrtg pymnts since 1-2000, living with fiance’. Needs $7000 to clean up credit debt to buy new home. Motivated, open to keeping the mrtg in his name, house is clean could rent for more than payment. How do I get him his “needed” $7000 and take over this property?
What’s his equity (loan balance vs. FMV)? - Posted by dewCO
Posted by dewCO on August 01, 2000 at 21:57:47:
Have the seller take out a second for the $7,000 if you can cover that payment too when you…do whatever you are going to do with it, don’t think you mention that.
Re: HERE IS THE DEAL - Posted by PBoone
Posted by PBoone on August 01, 2000 at 18:33:13:
Mark,
You could put an open option on the property and advertise for the 7k dn
another question is… we are looking at 4 reo’s in your area that came across our desk maybe you would help me determine the “is it worth pursuing” address and price are as follows:
2981 country manor L = 31K
3750 shirebrook dr 1 = 33K
2941 country manor 2 = 32K
2028-D Bovington Dr = 73K
The first three I have a sneaking suspicion they are MH’s, but off the top of your head what do you know about the areas. We plan on flying in sometime this month
Pat