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All Forum Posts by: Nicholas Vermeulen

Nicholas Vermeulen has started 3 posts and replied 6 times.

Post: How can we make this a great deal?

Nicholas VermeulenPosted
  • Sandusky, MI
  • Posts 6
  • Votes 1

Thanks guys for you input! I failed to mention it is family that is selling it and for $2000 to us only. They maintain the yard and no longer wish to do so because of job hours and planning to move.

Post: How can we make this a great deal?

Nicholas VermeulenPosted
  • Sandusky, MI
  • Posts 6
  • Votes 1

Hello everyone,

Me and my fiance have a opportunity to purchase the property next door to use for a measly $2,000 here in Sandusky MI. He's the deal the house is falling apart due to a bad roof needs to be torn down, it is twice as big as our place land wise. We are planning on moving and selling our house which is older and in need of alot of updating. I feel like it is a great deal and could possibly add to selling our house we are just nervous of being stuck with it and it being a money pit rather then a profitable deal. The property according to the owner was last assessment was valued at $16,000 I looked at the state value and it is currently $12,000 based off just that alone. We were thinking our best option would be to sell on land contract both ad a deal or the house on contract and sell the land next door straight up to someone but to who? Who needs to take the house down. And input would be greatly appreciated Thanks.

Post: How can we make this a great deal?

Nicholas VermeulenPosted
  • Sandusky, MI
  • Posts 6
  • Votes 1

Hello everyone,

Me and my fiance have a opportunity to purchase the property next door to use for a measly $2,000 here in Sandusky MI. He's the deal the house is falling apart due to a bad roof needs to be torn down, it is twice as big as our place land wise. We are planning on moving  and selling our house which is older and in need of alot of updating. I feel like it is a great deal and could possibly add to selling our house we are just nervous of being stuck with it and it being a money pit rather then a profitable deal. The property according to the owner was last assessment was valued at  $16,000 I looked at the state value and it is currently $12,000 based off just that alone. We were thinking our best option would be to sell on land contract both ad a deal or the house on contract and sell the land next door straight up to someone but to who? Who needs to take the house down. And input would be greatly appreciated Thanks.

I have found a 5 bed room 3 bath 2400sqft. Off market for $48,000, Zillows zestimate is $119k. The local sold properties range around 69-79k. I have a private investor that I can use for funds. I'm asking for some advise please and thank you.
Yes prices vary company to company and location.
Contact a title company to run a check on it.