HomesWest @ blogspot: ARIZONA 5/3/2CG---SOLD---

Wednesday, March 5, 2014

ARIZONA 5/3/2CG---SOLD---

ARIZONA

5/3/2cg
2348 s.f. (county records)
Lot = 7,455 s.f.
Built 2005
Wholesale Priced at: $183k
Taxes: $1,242.94/yr. (2013)

Features/Amenities:

Open Floor Plan
Vaulted Ceilings
Move In Ready
Sparkling Pebble Tech Pool
Jacuzzi
Custom Tile and Wood Floors
Upgraded AC Units
Premium Lot w/ Adjoining Green Park and Playground
Built in BBQ Station w/ Flagstone Patio
RV gate with elongated pad for additional parking.

Price = $183k Cash or Hard Money
ARV = $220k
Rehab = $5k -- Property is in great condition, needs paint touch up, carpet, landscape cleanup & grass watered, tile in bath (currently has linoleum).

Deal Structure - Traditional Sale; Off-Market

Access - Occupied - Do Not Disturb Tenants - Call or email for appt.

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Lease To Own Property

Real estate:
While rent-to-own transactions are most commonly conducted in the context of consumer goods obtained at a retail store, this type of transaction also describes a specialized real estate agreement. In a rent-to-own real estate agreement, the tenant has the option to purchase the real property at a fixed price within a specific period of time, usually one to three years.[!] As part of the contract, the renter may be required to make a nonrefundable deposit.[!] Occasionally, a portion of the monthly rent paid during the lease period is counted towards the down payment on the property, often in addition to the monthly rent as a monthly premium that may or may not set the rent above the current market rate.[!] If the tenant is unable to exercise the option to buy, the owner is then free to rent or sell the property to another buyer, or to restructure the contract.[!] Rent-to-own real estate contracts typically become more frequently exercised during housing market downturns.

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Wednesday, March 5, 2014

ARIZONA 5/3/2CG---SOLD---

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