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Why Selling: Pending Bank Foreclosure; For Short Sale

Lovettsville Area Investment Property

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Property Information

Status: Available
Lead Type: Motivated Seller
Property Type: Single Family House
Bedrooms: 4
Baths: 3
Listed / Realtor: Yes

Property Location

Market: Washington DC
Street Address: Create FREE Account or Login
City: Lovettsville
State: Virginia
Zip Code: 20180

The Numbers

This information was provided by the owner. All figures, including Estimated After Repair Value (ARV) and Estimated Cost of Repairs, are estimates. Please do your own due diligence. Leads with little to no equity can be ideal candidates for creative buying strategies.
Est. After Repair Value (ARV): $450,000
minus Seller's Asking Price: $400,000
minus Estimated Cost of Repairs: $1,000
equals Profit Potential of: $49,000
How to Fund Your Purchase: Funding Options
Possible Short Sale: Judging by the equity spread this lead may be a prime short sale opportunity.
1st Mortgage Balance: $550,000

Seller Information

Seller Name: Create FREE Account or Login
Contact Phone: Create FREE Account or Login
Contact Email: Create FREE Account or Login
When to Call: Create FREE Account or Login

Seller's Comments

Why Selling

Pending Bank Foreclosure; For Short Sale

About Repairs

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Miscellaneous

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No Picture Available.

Investor Tip: Target properties like this that DO NOT have pictures. Most other investors ignore them, so the sellers get fewer calls, fewer buyers, and they therefore have fewer options. The end result is that you can usually get the best deals on the properties that don't have pictures.

Why don't all properties have pictures?

Property Discussion

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