Real or Fake?
Saw this deal on Craigslist. What do you guys think?
"c.1800 Colonial style home located on a 1.83± acre corner lot along Route 9. Desirable Town of Madbury. Oyster River School District. Just minutes from UNH Campus and Dover.
2½ story home includes 2,352± SF GLA, 8 RMS, 4 BR, 1½ BA & partial basement
Attached 3-car garage, enclosed porch, vinyl siding, Big back yard with shed and in-ground gunite pool
FHA/oil heat. Private well & septic system.
Assessed value: $301,700. Estimated value after improvements $340,000.00+/-
2015 taxes: $8,327.
Obtained through foreclosure sale. Currently interior is occupied and not available for showing. Offering Assignment of Purchase and Sales Agreement. Closing by November 21, 2016 unless other arrangement can be made with bank. $40,000.00 due to me upon assignment and $140,000 due at closing. Obtain this wonderful home for $180,000.00 .
This is a fast flip for a small profit. If it doesn't sell before closing I will close, do some renovations and more profit upon resale at FMV. This is your opportunity to get in early on the deal I found and make the project and profit yours. Also perfect for home owner to keep and instantly build sweat equity ."