Tuesday, April 15, 2008

Properties I Have An Offer On:

MLS #: 778887 Date Submitted: 3/11/2008
List Price: $181500 Offer Price: $181500 Concessions: $4,500 Seller Paid Closing Costs Notes: Newer home in WJ. Comps out at 204-220k. Home is a short sale, so it could be a while before we hear back from the real estate agent.
MLS #: 779892 Date Submitted: 3/18/2008
List Price: $155600 Offer Price: $145000
Concessions: $5,500 Seller Paid Closing Costs
Notes: Home in WV, needs a little TLC. Could be a good property to hold onto if we can get some good renters in there.
MLS #: 753330 Date Submitted: 3/18/2008
List Price: $170000 Offer Price: $170000 Concessions: $4,000 Seller Paid Closing Costs
Notes: Sold in 06 for 175k Bank approval right now at 170k. Comps out a little higher. Nice safe bet for a fix and flip. If I can't sell it, should be easy to rent. The price per sq. foot is a little high, but if we can get the seller to pay closing costs for us, it will be worthwhile.

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