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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Mon, 24 Oct 2005 20:46:10 GMT /

Author of the message: user@127.0.0.1

Title of the message:
Re: 2665+ sqft near austin - $135k - Owner to lease back at $1200/mo!

Text of the message:
How much is the current mortgage? assumable?
property taxes?
On 23 Oct 2005 14:47:14 -0700, "none" <cb1000rider@yahoo.com> wrote:

>Offered by owner.
>No scams.  No bull.  Commission offered to agents.
>Details:
>
>Very well qualified owner wants to lease back from investor / new owner
>at $1200/mo.  Financed on an ARM, this property cash flows $400+/mo.
>
>Owner to net $135k on sale.
>Brokers, seller will pay your commission, but at a 3% increase in sales
>price.
>
>Offered by owner occupant that needs out of the mortgage!  - Not an
>investor, not an agent - owner occupant!
>
>Home details
>KB Home, built in 2000.
>4 bedroom, 2.5 bath, 2 living areas with game room. 2665 SQFT
>Original sales price ~$149,000
>Appraised for $164,000 in 2000, will increase in value as highway 183
>is finished..
>3 sides brick, 1 side vinyl siding - very low maintenance.
>Modern and efficient AC and appliances.
>Solar Screens.
>Pre-wired for alarm.



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