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Can no longer afford increase mortgage payments

Clinton Area Investment Property

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Property Information

Status: Available
Lead Type: Motivated Seller
Property Type: Townhome
Bedrooms: 2
Baths: 1.5
Garage: 0
Pool: No
Occupied: Yes
Listed / Realtor: No

Property Location

Market: Washington DC
Street Address: Create FREE Account or Login
City: Clinton
State: Maryland
Zip Code: 20735

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): $197,500
minus Seller's Asking Price: $150,000
minus Estimated Cost of Repairs: $2,000
equals Total Equity of: $45,500
1st Mortgage Balance: $189,000
1st Mortgage Rate: 7.34
1st Mortgage Payment: $2,152
2nd Mortgage Balance: $29,000
2nd Mortgage Rate: 8.00
2nd Mortgage Payment: $29,000
Behind on Payments?: Yes
Amount Behind: 5000
How Seller Determined ARV: Create FREE Account or Login

Seller Information

Seller Name: Create FREE Account or Login
Contact Phone: Create FREE Account or Login
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Seller's Comments

Why Selling

Can no longer afford increase mortgage payments

About Repairs

New Carpet, Shed doors need to be replaced.

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