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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.
Read More | | | 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 |
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| Property Information |
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| Project Name : |
New Canaan, CT |
| Property Type : |
Single Family |
| City : |
Members Only |
| State : |
Connecticut |
| Zip Code : |
Members Only |
| County : |
Members Only |
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| Square Footage (GLA/ GBA) : |
5506 |
| Lot Size : |
Members Only |
| Lot Attributes : |
Members Only |
| Measurement : |
Sq. Ft. |
| Number Of Units : |
0 |
| Zoning Code : |
Members Only |
| Over All Property Condition : |
Excellent |
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| Property Description: |
Needs very little rehab if any. Lovely home in Fairfield County CT is waiting for the right investor. The home is has been well maintained. There has been a renter in it for FIVE YEARS. Market value rent in the area is 9K . They are paying12K per month. ($144,000.00 per year) The renter has never missed a beat paying the rent and wishes to stay. The lease runs until 12/13. The home is 5506 sq ft. It has 4 bedrooms and 4 bths and 3 half baths and is 2.5 stories. The third story is finished. There is a three car garage.Homes in the area sell on average of 1.7K This property is appraised at 2.3 and assessed at 1.6
Offered at 1.1M
Must be able to close in thirty (30) days.
Email: EddingsAlternativeSolutions@gmail.com
Please provide a contact name and number |
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| Surrounding Neighborhood: |
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| Purchase & Invesment Information |
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| Purchase Price : |
$1,100,000 |
| Investment Type : |
Wholesale Property |
| Investment Amount Needed: |
$0.00 |
| Equity offered to Equity Partner : |
0.00 |
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| Estimated Cash on Cash Return for Investor : |
Members Only |
| Contingency Expiration Date : |
Members Only |
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| Process Complete to Date: |
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| Why is the Property being Sold?: |
| Members Only |
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| Personal Invesment Details |
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| Will Seller Carry a Note : |
No |
| Rate : |
Members Only |
| Years Amortized : |
0.00 |
| Amount : |
$0.00 |
| Ballon Amount : |
$0.00 |
| Prepayment Penalty : |
$0.00 |
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| Familiarity with Property : |
Very Familiar |
| Familiarity with Neighborhood : |
Very Familiar |
| Time Inveting in Realestate : |
1 - 3 Years |
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Floor Plan / Site Plan (0) |
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