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Urgent Deal Available: Tenant-first RTO in Lac La Biche

Sherilynn

Real Estate Maven
REIN Member
Joined
Oct 22, 2007
Messages
2,803
Greetings.

Applicant makes about $11k per month. Already living in property. Applicant has $30k for an initial option payment.

Owner is facing foreclosure and must sell quickly. Bank holding the mortgage appraised the property at $285k and seller is asking $265k (but should be willing to sell for less).

Must be able to move quickly as proceedings have started against the owner, but bank would likely be happy to stop proceedings for a sale of the property. (I know very little about foreclosures.)

Please email me at [email protected] for more details.

I am not looking for an assignment fee or referral fee. I simply don't have time to take on another deal but this one looks promising so I wanted to pass it along. You must do your own diligence and screening.
 

GaryW

0
Registered
Joined
Mar 31, 2009
Messages
149
Hi Sherilynn:
Although I don't know much about the Lac La Biche rental market(in case they can't close), I'd be interested in taking a look at this potential deal.
Just sent you an email.
Thanks
Gary
 
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