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Updated almost 11 years ago on . Most recent reply

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Wendell De Guzman
  • Investor
  • Chicago, IL
1,911
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2,188
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Foreclosure: Worth $180K, Must Sell $115K, Will Finance

Wendell De Guzman
  • Investor
  • Chicago, IL
Posted

I am proud to present this awesome foreclosure investment opportunity. Give me a call at 714-270-6438 if you want to snatch this before someone else makes a killing.

Property is in a great area in North Chicagoland area (near GURNEE). It's a HUD foreclosure. It's worth $180K and I am selling it for $115K. It has 3 bedrooms + den, 2 baths, with over 1900 square feet of living space. Here are some pictures:

The house needs paint, carpet, new vinyl flooring in the kitchen and corian or granite countertops. You may want to replace the dishwasher with a stainless version to complement the stainless steel ref and oven that come with the house.

Had this house been closer to me, I will rehab it myself and re-sell it. However, it's 1 hour away from me. I like this deal so much I am willing to finance it. My private lending company will finance the purchase price if you can finance the rehab + 4 points upfront.

This property is an exclusive subdivision for 55-yr old+ with a nice clubhouse. The nearest comparable to this house (same layout in the same subdivision) sold in 19 days bought by a cash buyer. A lot of the older folks out there are cash buyers.

Here are the pictures of the clubhouse:

To summarize here are the facts why this deal is an awesome deal:

Worth $180K, Yours for $115K

Minor rehab needed

You Get Financing

It's a Nice Location - near Gurnee IL in an Exclusive Subdivision

Call me NOW at 714-270-6438 because opportunities like these don't happen very often!

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