All Forum Posts by: Rahdia Green

@Account Closed 

Update: 

Some of the numbers were predicted by seller. After visiting the property here are the numbers:

SQFT: 1,279

Repairs; $94k 

Second loan taken out: 20k (2007)

Mold and water in basement

ARV: yes $200k but I'd keep it conservative at $190k.

3 bed 1 bath

@Account Closed The house is 1,279

I'm a wholesaler but want to get deeper into this situation before passing along to a buyer: 

Mom died June 2012 (last payment made). daughter is the heir. Records don't show foreclosure so "mom's" name is still on deed. Upside down Mortgage. They tried short sale with agent but didn't work out (for said reason). Vacant.

Capitol Heights (PG county) 

ARV: $159k (Zillow says 201k)

(Seller WILLING to sale): $35k

Repairs: unknown at the moment (suspected 60k) 

Mortgage: 1,370/mo

Owes bank: $105,951 as of (6/2012)

With the numbers above, is there any real estate solution that will help this circumstance? As said, she already tried short sale.. Not sure what happened during the process but she is seeking help elsewhere other than agent. If there is anything I missed to conclude this situation please let me know. I would very well appreciate insight! Thanks.

Are there pictures available?

Is this still avail?

Still avail? Email me.

[email protected]

I'm looking for Investors in PG, Maryland. I have a situation that is very feasible, just not sure which method to use to help seller get out. Bright side: long term tenant wants to stay in property, unless otherwise advised. 

Welcoming you with open arms!

HIGHLY recommend Michael Gross - ATG Title Bethesda MD. He's awesome, very investor friendly. 

Give him a call!