Need to sell investment sf

**coloray13** · 05-15-2008, 12:50 PM

I have a Single Family house in the southside suburb of chicago. we have a tenant in it paying $1250/mo. I owe $140k and need to sell. the property was totally remodelled and is very good. i need to sell because im looking at bankruptcy and would much rather sell to another investor than to lose it to the courts. serious inquires only...quick close would be nice

i also have photos available at request

**Huntman1** · 05-21-2008, 11:53 PM

Why sell the property if it is cashflowing? Transfer title to an LLC or corp.

There are other ways to get your name off of title and still benefit from ownership.

**nancyarora2020** · 06-16-2008, 03:04 AM

Is it the right price for the property? Perhaps this is the question that keeps on creeping in people's mind ever since they make up their mind to buy or sell a property. It is quite necessary to spot the right price for making a successful real estate transaction but it is some how difficult . Neither any rule of thumb nor a scientific technique is there to help! So, how to get a good deal? People are advised to believe their own instinct but cautiously. Some things which one should keep in mind to reach the decent levels of property-valuation and deal are:

Good quality roads around and within the society add value to the property.
Value depends on the profile of the location where the property is situated.
Connectivity with bus depot, railway station and airport is equally important from buyer's point of view. In fact, property in vicinity to these facilities makes sound investment proposition.
People avoid locations that are closer or are known as riot prone area or communally polarized.
Not to mention, green surroundings, civic amenities like safe drinking water, uninterrupted power supply and systematic drainage system are the first preferences of the buyer.
As valuation of property is a process, all the above discussed factors go hand in hand with perception of quality.For more view- realtydigest.blogspot.com