Fire-damaged SFR in Ogden UT - Contract for Assignment

[Drew Clements]

Property caught fire in January of this year - cause was an electrical short at the back of the house. Smoke damage throughout. According to seller, an engineer they hired (awaiting documentation) said that three trusses at the back of the house would need to be replaced, but most of the house could be salvaged. City will require permits, so plumbing and electrical will have to be upgraded, making this a full gut rehab. But extending the footprint/adding a second level in the process would increase value significantly.

After Repair Value is $105k - $115k as a one-bedroom OR $135k - $145k with a second level.

Wholesale price is ONLY $35k or Highest/Best Offer. Realtors®, add your fee (whatever you like) and bring us a buyer!

This opportunity is only available to Cash Buyers who can close quickly.

WATCH THE WALK-THROUGH VIDEO

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INSPECTION: Cash buyers will have the opportunity to inspect this property upon request Monday 9/18 through Friday 9/22 only. Contact Drew at 435-535-1530 or [email protected] for lockbox code. NOTE: There's a large hole in the kitchen floor (cut by the fire department) that's not entirely visible.

A $5,000 non-refundable deposit at Title and a fully-executed Assignment Agreement wins this deal!

Offers must be received no later than Friday September 22nd, 2017 by 5:00 PM Mountain Time.

Submit all offers to [email protected] or call 435-535-1530.

Please note that information is provided as a courtesy only. Perform your own due diligence to verify all information PRIOR to signing the assignment agreement.

*Principles of Bear River Capital LLC are licensed real estate agents in the state of Utah. License associated with Equity Real Estate.