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Updated about 9 years ago,

User Stats

196
Posts
118
Votes
Jason Krick
  • Investor
  • Reading, PA
118
Votes |
196
Posts

Attention Investors in Tamaqua, PA and Schuylkill County

Jason Krick
  • Investor
  • Reading, PA
Posted

**Please read the entire post, as I am not advertising a deal that I am selling.

I have a lead on a property in Tamaqua, Schuylkill County, Pennsylvania.  It looks like I've found other properties to focus on right now that are closer, and in a market I am more familiar with.   So, I was going to pass along the info if someone is interested.  I asked the seller if he was okay with me putting the lead out there to interested parties, and he said yes.  

The quick summary is that he had owned by himself, or with his partner (negative separation from partner) since around the early '80's.  He admits the house needs a lot of work, and says it is basically a shell.  He also told me his remaining mortgage balance is $16,500, and claims there are no other liens.  He is not looking to make a profit, just get out from this.  It is a double lot, with the house on one lot and the detached garage on the other.  

Just to be clear, I am NOT a wholesaler. I do NOT have the property under contract, and I have nothing to gain by a deal being done. I'm just trying to help the seller out and a buyer as well. I don't know the comps, ARV, or market. Given how he described the house, the fact that it is a double lot, and the low mortgage balance, I thought someone who knows the area might want to explore it further.

I can give you a little more info and contact information.  Please PM me if you'd like to know more.