All Forum Posts by: Suzanne O'Connor

"PLEASE NO REALTOR CALLS"

This home has been lived in for 35 yrs from the same owners.  Ederly couple will be relocating and needs to sell their home.  It's a 4 bedroom 3 bathroom townhouse in "The Crossings" community in SW Kendall Florida.  Home master bathroom is handicap modified with large walkin shower.   Home has 2 bedroom, and 2 bathroom down stairs and 2 bedroom, 1 bathroom upstairs.  Downstair is mostly tiled except the master bedroom which has carpet.  Upstair is carpeted.  Kitchen needs updating and the upstair bathroom will need updated.  House has accordion shutters installed. House backs a green belt, has community pools, playgrounds and Club House. Close to all amenities. Great house for a growing family.  Great schools in the area and a very safe neighborhood for the kids.

HOA fees $165.00 per month.

House is being sold in as is condition and Priced to sell.

Serious buyers only please . You will need to show proof of funds or pre approved letter from bank prior to showing.  Call Suzie at 352-213-3424  - house will be shown after the Thanksgiving holidays.  

makes sense thank you

Hi Raj,

Thanks so much for your advise.  Have more questions.

The owner is willing to hold the mortgage for 23 yrs for me at a purchase price of 118K.  He is not looking for any down payment, all he wants is not to have to deal with tenants, so he ask me to spruce up the home and sell on lease with option to buy.  do you think i can make this work.  Rents in the area $1200.00 and the mortgage is $890.00.  If i sell the house on a lease purchase for $125K with a 5% dp (which will cover the repairs) and monthly payments of  $1200.00  buyer would be responsible for taxes and insurance do you think this could work?

Thanks for your help on this

Suzie

Hi, I need some help.  

I have an opportunity to take over a mortgage on a house in Gainesville Fl.  The house is worth 106K but the seller owes 118K at 6.5% for 23 years.  He wants out of being a landlord and willing to do a subject to deal. House needs some sprucing up about 4K in repairs. Problem is there is quite a few houses in that subdivision that are being sold short sale which could bring the price down more.  I would like to resell house on purchase option deal.

So my question is how would you structure a deal with this scenario?

2 bedroom 1 bath model home in Trenton Florida for Sale $16,000(Firm Cash Offer)

Minutes away from Fanning Springs, Wallmart, banks, restaurants, Chiefland famer's market, Winn Dixie, Walgreens and CVS. All amenities are close by.

Property is sold in AS-IS condition..

Call Suzie at 352-278-7664

Hi Chris,

Welcome to Gainesville.  What made you choose Gainesville?  I am an investor in Gainesville and surrounding areas.  If you are looking for a fix and flip property shoot me an email,  with price range that you are looking to buy in, I  may have a house for you to start with.  

Take care

Suzie O'Connor

352-278-7664