BUY HOUSE FOR $379,900. SELL TO ME FOR $450,000 W/OWNER FINANCING

[Johanna Anderson]

Here's a great deal for an investor who can hold a property for 1-3 years; I want to buy this house! I'll give you a great price for it. 

I will pay a $10,000.00 non-refundable down payment and will cash you out at $450,000.00 with a NACA mortgage within three years, probably sooner.

I'll pay $1,800.00 a month rent, with $300.00 a month applied to the purchase price.

90 days after assuming occupancy, I WILL ASSUME RESPONSIBILITY FOR ALL FUTURE REPAIRS. I will buy this house As-Is, with electric baseboard heat and no AC. I want this particular house because it is in my current neighborhood, within walking distance of my daughter's high school.

This house is a short sale. The list price of $379,900.00 is just $20,000.00 below what the seller owes, so the listing broker thinks the bank will accept it.

I am in the beginning stages of qualifying for a NACA mortgage. Three years to qualify is the most time I can possibly need. I have my initial meeting on January 20.

My situation: I need to buy a home so that both of my daughters can live with me, if they want to. My current landlord will only allow me to have one of them. I am a newly qualified realtor, and I have a full time job that I will work along with real estate, until my real estate career blasts off.

Hey--It's a win/win!!! Let's make it work.

Thanks,

Johanna Anderson