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 | Pros and Cons of Purchasing a Foreclosure Auction Property | | | There are many properties being offered at foreclosure auctions across the nation right now. Some are good investments and others are not.
Read More | | | How to Purchase a Fannie Mae Foreclosure Property | | | Purchasing a Fannie Mae property in my opinion is the easiest and best way to go right now if you are looking for a foreclosure property. Fannie Mae is government run.
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Property Details |
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| Property Information |
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| Project Name : |
LAKE OCONEE AREA |
| Property Type : |
Single Family |
| City : |
Members Only |
| State : |
Georgia |
| Zip Code : |
Members Only |
| County : |
Members Only |
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| Square Footage (GLA/ GBA) : |
1348 |
| Lot Size : |
Members Only |
| Lot Attributes : |
Members Only |
| Measurement : |
Sq. Ft. |
| Number Of Units : |
0 |
| Zoning Code : |
Members Only |
| Over All Property Condition : |
Above Average |
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| Property Description: |
Home Description
• Dennis St, Union Point, GA 30669
• Nice older single family home
• Great to add to your investment portfolio
• Needs some repairs
• Can move in or rent out with a little work
• Huge yard
• Year Built: 1900
• 3 total bedroom(s)
• 1 total bath(s)
• Sq ft: 1348
• Single story
• Lot size: 0.50 acres
• Total rooms: 6
• City water/sewer, natural gas/electric
Known Repairs Needed
• Refinishing of hardwood flooring
• Needs paint throughout
• Landscaping
Other
• Zillow.com est. value: $93,061
• Eppraisal est. value: $113,574
• Freedom Soft est. value: $86,200
• Rental value: $1100.00 mo.
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| Surrounding Neighborhood: |
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| Purchase & Invesment Information |
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| Purchase Price : |
$44,000 |
| Investment Type : |
Wholesale Property |
| Investment Amount Needed: |
$2500.00 |
| Equity offered to Equity Partner : |
0.00 |
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| Estimated Cash on Cash Return for Investor : |
Members Only |
| Contingency Expiration Date : |
Members Only |
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| Process Complete to Date: |
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 Members Only |
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| Why is the Property being Sold?: |
| Members Only |
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| Personal Invesment Details |
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| Will Seller Carry a Note : |
Yes |
| Rate : |
Members Only |
| Years Amortized : |
3.00 |
| Amount : |
$45000.00 |
| Ballon Amount : |
$0.00 |
| Prepayment Penalty : |
$0.00 |
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| Familiarity with Property : |
Very Familiar |
| Familiarity with Neighborhood : |
Very Familiar |
| Time Inveting in Realestate : |
3 - 5 Years |
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| Property Documents |
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| Brochures / Flyer (0) |
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Market rent / Vacncy Information(0) |
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Floor Plan / Site Plan (0) |
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