Shoreline Washington Wholesale Contract

[Tyree Payne]

All deals cash or hard money only. I like to work with everyone which usually means if you're making money I'm making money.... please add any commissions on top of my price. What I am selling is my assignable contract with the seller of the property. I am not a realtor nor do I portray myself as one. All properties require cash or a private/hard money loan in order to purchase - no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $5,000 non-refundable deposit (wire to escrow) and wholesale fee (cashiers check or wire transfer) at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing are an assignment of my contract with the seller to the buyer and are held at Galvin Realty Law Group, Lynnwood WA.

Property Specs:

• 2 bedroom (possibility for a third)
• 1.75 (possibility to expand ¾ bathroom into a full)
• 1,480 sq ft
• Built 1951
• Zoned R6
• Detached 2 car garage
• Swimming Pool
• .24 acre lot (10,551 sq ft)

Known Repairs:

• Landscaping
• Bulk hauling: all contents and personal items within the house and garage will need to be removed as the house has been vacant for a year.
• Siding
• Paint: exterior and interior
• Kitchen
• Bathrooms
• Flooring
• Roof
• Bedrooms

• ARV~$650k
• Asking price= $425,000 CASH (assignment fee included)
• Non-refundable EMD: $5k
• First come first serve: Non-refundable Assignment Fee due upon signing via wire transfer to solidify the deal.

Looking to close by: 4/15/2019

Contingencies:

• The offer is without contingencies
• Buyer pays all closing costs, and taxes
• The sale is ‘as is’

Please drive by the property within the next few days and contact me directly, if you would like to more information, pictures, and videos. We will also schedule a time to properly walk-through the property and the one time inspection/walk through information (date/time) to you upon receiving further interest.