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01-01-2009, 10:23 AM #1
Fixer Upper
- Join Date
- Jan 2009
- Location
- Gastonia, North Carolina
- Posts
- 19
Full Price Offer
Do you, or anyone you know, have a home that they owe more than they can sell it for? Has it been listed multiple times but still won't sell? Has it expired or is it ready to expire because it is listed for more than the present market can bear?
What I am looking for is someone who, in exchange for a Full Price Offer, will keep their existing financing in place for a while and who can afford to keep their equity, if they have any, intact for a few years. I will make 100% of all mortgage payments, taxes, insurance, upkeep and repairs. I plan to have a business partner live in the house to care for it until the present real estate and financial market turns around, in 5-10 years, at which time I will either re-finance the loan, or sell the property, pay off their note and give them all of their equity.
I know this sounds like I want to buy 'subject-to', then do a sandwich lease and/or lease option, but it is not, it is better. If you are a realtor and can defer all, or part, of your commission for a few years, or will accept a flat rate commission for a property that you cannot sell any other way, then please contact me for more details.
If you are a private seller or investor and have properties for sale and this interests you, I'd love to hear from you. Anywhere in the USA.
Thanks



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