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Updated over 6 years ago on . Most recent reply

User Stats

59
Posts
5
Votes
Alan Hicks
  • Investor
  • Lawrenceville, GA
5
Votes |
59
Posts

House under contract

Alan Hicks
  • Investor
  • Lawrenceville, GA
Posted

Alright.. found a nice, fully remodeled 3/1, 1000 sqft with .60 acres for sale close to my house.

Original asking price - $150k, then reduced to $140k. I was able to get it under contract for 130k.

inspection is this friday. Cash out of pocket - $31k (20% +$5000 closing).

Zillow estimate says $133k. 

My plans are to sell my 2nd house (where my dad lives ) and move him closer to me. 15 minute drive beats a 90 minute drive.

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