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9
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2
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Jacob Stephens
2
Votes |
9
Posts

Need Cash Buyer - Foreclosure on Contract!

Jacob Stephens
Posted

Foreclosed home vacant for 6 months. Bank owned, won online auction @ $53,550. Local comps anywhere from $170-200k. Formerly a duplex, so rezoning isn't an issue. Other duplexes on the same street and the area. I've spoken directly to contractors and can get this done with a repair budget of $40-55k depending on what you want to do with the property.

EMD: $2678 non-refundable

Purchase Price to End Buyer: $73,550k

Quick turnaround: 24-48 hours for EMD.

  • Jacob Stephens
  • Offering
    Evansville, Indiana