Am I Crazy for Selling this N Aurora HUD Foreclosure - worth $260K, Must Sell $165K?

[Wendell De Guzman]

Here are the numbers on this deal:

After Repair Value - $260,000

Repairs - $30,000 to $35,000

Yours for only $164,900

Address is 607 Holly Ct, N Aurora IL.

If you like to see the inside, please email me your PROOF OF FUNDS at [email protected] and your cellphone number and I will text you the lockbox code. I will also send you the Comparative Market Analysis from a licensed real estate agent and a detailed Repair Estimate from a General Contractor.

Here's the REHAB PROFIT ANALYSIS on it:

If you don't know North Aurora - this is "A" neighborhood with low crime rate, good schools and good appreciation rate (past 12 month appreciation rate of 6.94%). Here's the link to get more information about the area:

http://www.neighborhoodscout.com/il/north-aurora/crime/

Here are more pictures:

To see all the pictures, go to http://607hollynorthaurora.blogspot.com/

Here are some property details:

Interior Features

Bedroom Information
• # of Bedrooms: 4
• # of Bedrooms (Above Grade): 4

Master Bedroom Information
• Size: 16X12
• On 2nd Level
• Carpet Flooring

Bedroom #2 Information
• Size: 14X12
• On 2nd Level
• Carpet Flooring

Bedroom #3 Information
• Size: 12X12
• On 2nd Level
• Carpet Flooring

Bedroom #4 Information
• Size: 12X12
• On 2nd Level
• Carpet Flooring

Bathroom Information
• # of Baths (Full): 2
• # of Baths (1/2): 1
• Master Bath
• Bathroom(s) in Basement

Living Room Information
• Size: 14X12
• On Main Level
• Carpet Flooring

Family Room Information
• Size: 14X12
• On Main Level
• Carpet Flooring

Dining Room Information
• Separate Dining Room
• Size: 12X12
• On Main Level

Kitchen Information
• Size: 14X14
• Eating Area (Table Space), Pantry (Butler)
• On Main Level
• Hardwood Flooring

Laundry Room Information
• Size: 10X8
• On Main Level
• Hardwood Flooring

Additional Rooms Information
• Bonus Room, Office, Other
• Full Basement
• Partially Finished Basement

Additional Room #1 Information
• Office
• Size: 12X12
• On Main Level
• Carpet Flooring

Additional Room #2 Information
• Bonus Room
• Size: 14X12
• In Basement

Additional Room #3 Information
• Other
• Size: 14X12
• In Basement

Interior Features
• Hardwood Flooring, 1st Floor Full Bath

Heating & Cooling
• Gas Heating, Forced Air Heating
• Central Air Conditioning