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Pros and Cons of Purchasing a Foreclosure Auction Property
There are many properties being offered at foreclosure auctions across the nation right now. Some are good investments and others are not.
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How to Purchase a Fannie Mae Foreclosure Property
Purchasing a Fannie Mae property in my opinion is the easiest and best way to go right now if you are looking for a foreclosure property. Fannie Mae is government run.
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  Property Details  
     
     
 
Property Images
 
 
 
 
     
 
Property Information
 
 
Project Name : Cash Flow & Equity
Property Type : Single Family
City : Members Only
State : Alabama
Zip Code : Members Only
County : Members Only
   
Square Footage (GLA/ GBA) : 1380
Lot Size : Members Only
Lot Attributes : Members Only
Measurement : Sq. Ft.
Number Of Units : 0
Zoning Code : Members Only
Over All Property Condition : Good
   
Property Description:
1415 30th Street, Birmingham, Alabama, 35206. This house will appraise for $74,000, (appraisal has been ordered). Rehabed, Rented, professionally managed, house at a WHOLE SALE price!!! Full Unfinished Basement, 1 Car Basement Garage, New Kitchen Cabinets, Counter Tops and Sink, New HVAC, New Exterior / Interior Paint, Recently Replaced Carpet and Vinyl Flooring Throughout, Electrical & Plumbing Ugrades, All New Light Fixtures New Shower / Tub Units All New Vinyl Windows
 
Surrounding Neighborhood:
Members Only
 
 
 
     
 
Purchase & Invesment Information
 
 
Purchase Price : $57,000
Investment Type : Silent Partner - Equity
Investment Amount Needed: $0.00
Equity offered to Equity Partner : 0.00
   
Estimated Cash on Cash Return for Investor : Members Only
Contingency Expiration Date : Members Only
   
Process Complete to Date:  
   
  Members Only  
   
Why is the Property being Sold?:
Members Only
 
 
 
     
 
Personal Invesment Details
 
 
Personal Investing
Checking & Savings : $0.00
Equity Lines : $0.00
Other Resources : $0.00
 
Other Sources Funds
Will Seller Carry a Note : No
   
Familiarity with Property : Somewhat Familiar
Familiarity with Neighborhood : Somewhat Familiar
Time Inveting in Realestate : 3 - 5 Years
   
   
 
 
     
 
Property Documents
 
 
Brochures / Flyer (0)   Market rent / Vacncy Information(0)
 
     
Demo Graphics (0)   Floor Plan / Site Plan (0)
 
 
 
     
     
 
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