75% LTV - Bessemer, AL *GREAT DEAL*

404 Vega Dr Sw Bessemer, AL 35022-6037
ARV: $64,000 - $71,000 Repairs: $5K - $10K
Your Price: ******$17,500******
SUMMARY: 996 Sq Feet, 2 Bedrooms/1 Bathroom SFR Open Porch (finished) 160 sqf Sreened-in Porch (finished) 144 sqf Carport (finished) 252 sqf Utility (finished) 72sqf Sreened-in Porch (finished) 160 sqf
Taxes: Approx $375.75 HUGE LOT: 172.8 X 179.8 (0.42 acre)
Needs kitchen, bathrooms and flooring in addition to the usual paint, etc. Approx 5-10K worth of work.
VIEWING INSTRUCTIONS: Drive by - Property Vacant - okay to walk around.
TERMS: Cash, private lending (hard money)
SALE TYPE: Assignment of contract
IMPORTANT INFORMATION: Our contract requires you as the buyer to pay for the seller’s closing costs. These include seller’s docs stamps and Misc. title fees. This is in addition to your customary buyer’s closing costs.
All information is deemed reliable but not guaranteed
**Note about comparable sales: Comps on Realquest show an end value of 71K, and CRS Data shows 66,5K. Because of the market we are estimating the final retail value of this property at $64k. If the property is repaired and offered at this price then it would be below most of the other properties for sale in the area.
To view photos and for more information, please visit http://www.birminghamrehabdeals.com/blog/?p=257