Tuesday, March 24, 2009

Better Than Foreclosure Pricing! Owner financing (Lithonia) $32000

Older (1975) brick and wood siding ranch with very nice curb appeal!

The home offers 2BR and 2BA with a bonus room which could easily be the 3rd bedroom by adding closet. Also room for a 3rd bath if desired. Home sits on a nice level cul-de-sac lot.

Following is estimated repairs to retail: New appliances/kitchen updates - $2000, new hot water heater - $750, plumbing repairs/bath updates - $2000, new flooring - $2500, exterior/interior paint - $3500, roof overlay and gutters - $3500, new HVAC - $4000, landscape and other misc. /carpentry repairs. Total rehab est. of $20k.

Would make a great rental with estimated rental rate of $850 per month.

Tax value of $125,600! Comps support up to $120k value. In order to sell quickly I would price at $110k after renovations.

Contact: Kevin Morice @ 678-427-7700 Owner www.ThisGreatHouse.com

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