Sub-to / Seller finance deal with 70k equity
No hard money needed - Financing already in place, Buyer just pays a flat down payment & takes over fixed 30-year mortgage already in place, no qualifying, no credit checks, no lenders needed. ( 25 Years Remaining ) Ideal property for Rent to Own / Tennant Buyer Exit Strategy.
3 bed 2.5 Bath 1,958 Sq Feet
ARV / Retail Market value = $255,000 - $265,000
Sub to Terms & Price
Entry Fee = $32,000
Remaining Mtg Balance = $166,000
Fixed Interest Rate = 3.2%
Remaining Term = 25 Years left
Monthly PITI = $1,300 ( Principal, Interest Tax & Insurance )
Comparable Sales:
34 Sugar Creek Rd Laurens 29360 Sold for $257,000 on 8/14/2023
2468 Highway 221 S Laurens 29360 Sold for $245,000 on 7/24/2023
142 E Lake Dr Laurens 29360 Sold for $230,000 on 7/14/2023
1631 Greenwood Rd Laurens 29360 Sold for $260,000 on 6/22/2023
105 Barksdale Cir Laurens 29360 Sold for $330,000 on 2/03/2023
FOR QUESTIONS OR TO SUBMIT AN OFFER ON THIS PROPERTY
call or text (704) 396-5042
Closing Deadline:
Closing will be handled by Guest & Brady Law firm, closing deadline on or before 10/12/2023
Disclosure and Next Steps:
Property is currently occupied - DO NOT DISTURB TENANTS / OCCUPANTS Any showings must be scheduled and approved by us at least 72 hours in advance. Upon acceptance of the winning bid, the buyer will receive a purchase & sale contract which must be completed along with $3k EMD received within 24 hours of winning bid acceptance. This property is secured with a binding purchase and sale contract as well as a memorandum recorded with the county and attached to the subject property securing seller/assignors financial interest.
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