I am looking for private funding or hard money on 13 acres and a double-wide YB 2002, 4bed 2bath, 2080 sq,ft. I had money in place to close this deal but HUD took so long in clearing up the title work, the investor pulled her money, which i understand.
The home is in pristine condition. The numbers are as follows: Tax Assessed 2004 : $119,000.00 HUD Appraisal: $94,000.00 Loan Amount Needed: $65,000.00 I will pay points at closing Payoff at the end of 2 years: $80,000.00 The HUD appraisal is only for the house and land. I will be moving onto the property. I will have to go in on a lease purchase agreement. I will refinance the home in 1 year or 2 years and put it in my name unless you are willing to finance this property over a longer period of time. After i do the additions to the property the property value will increase tremendously. Additions include: 10x20 wood decks on front and rear, 10' wide x 200' long paved drive and clear under brush on property, and build a 3/4 acre pond. My credit is bad so i will have to go on a lease purchase agreement, but the property will pay for itself in value after 1 year. In this area, raw land sells for 3500-5500 an acre. There are sales in this area with smaller acreage and smaller and older homes in the range of $117,000 to $155,000. The home and land are located in Smithville Texas. This loan CANNOT be based on my credit. If you are interested please contact me as soon as possible Live With Desire Tim Sparks Sparks Enterprises Bastrop, Texas ------------------------ Yahoo! Groups Sponsor --------------------~--> <font face=arial size=-1><a href="http://us.ard.yahoo.com/SIG=12h1geuhi/M=362131.6882500.7825259.1493532/D=groups/S=1705003170:TM/Y=YAHOO/EXP=1123907037/A=2889190/R=0/SIG=10r90krvo/*http://www.thebeehive.org ">Put more honey in your pocket. (money matters made easy) Welcome to the Sweet Life - brought to you by One Economy</a>.</font> --------------------------------------------------------------------~-> Apply for Commercial Real Estate loans online and submit your deal to dozens of hungry lenders in just minutes. Loan programs for all types of business and commercial real estate. Apply anytime at http://realestatezoo.com RealEstate Part of RealEstateZoo.Com ------------------------------------- Post message: [email protected] Subscribe: [EMAIL PROTECTED] Unsubscribe: [EMAIL PROTECTED] List owner: [EMAIL PROTECTED] Web Site: http://groups.yahoo.com/group/RealEstate Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/RealEstate/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
