Wednesday, March 25, 2009

REDUCED PRICE! NEED TO SELL ASAP! (Lithonia) $29450

WANT TO EXPERIENCE A GREAT ARE WITHOUT THE HASSLE OF RIGHT ON TOP OF YOU? WELL, THIS THE RIGHT PLACE! ON THIS PEACEFUL AND SERENE HOME. THIS HOME IS NICLEY LANDSCAPED FOR THAT PERFECT FAMILY.

This is a siding and stone split foyer style home built in 1985 with a one car garage! For the money you can’t beat this house!

This home offers 3 bedrooms with 2 full baths and has a finished great room with stone fireplace in the basement.

The following is estimated repairs to retail: interior/exterior paint - $3500, new flooring - $2500, new roof - $3000, new HVAC - $4000, misc. repairs including some updating and landscaping - $2,000. Total rehab expense to retail $13k to $16k! For a rental you can probably wait another year or two for the roof and outside painting is not too bad right now. Figure about $8k to $10k to get rent ready.

Tax value of $112,000! The home last sold for $110,100 on 3/01/02 and has an ARV of $100k. In order to sell quickly, price at $84.9k after rehab and should be able to turn fast. Rent rate for this house will be $800-$850 per month. Investor has a renovated house down the street currently for sale at $95k.

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

Cheap House, Buy Now! (Snellville) $48000

WANT TO EXPERIENCE A GREAT ARE WITHOUT THE HASSLE OF RIGHT ON TOP OF YOU? WELL, THIS THE RIGHT PLACE! ON THIS PEACEFUL AND SERENE HOME. THIS HOME IS NICLEY LANDSCAPED FOR THAT PERFECT FAMILY.

This is a vinyl siding ranch with stone accents. Very attractive house sitting on great lot!

This home offers 3 bedrooms with 2 baths! Home has been recently renovated with some very nice upgrades including newer roof and gutters, nice flooring inside. Nice covered porch in back.

The home is really in great shape, almost rent ready. Home does not need many repairs in order to go FHA. The following is estimated repairs to retail: Pressure wash vinyl siding - $250, some interior paint - $1000, plumbing repairs - $1000, misc. repairs - $1000. Total rehab est. of $3k to $5k.

Tax value of $113,700 and home last sold for $110,700 in 2/02! The home has a current “as-is” bank appraisal value of $92k! After the simple rehab I would price house at $100k to $110k for quick sale or better yet keep in rental portfolio. Market rent $850 - $950 per month. Similar house across street just rented for $950 per month.

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