- “Subject to” the existing loan deal in Richmond in SUPER HOT Lakemont Ridge only $19,900. Unique opportunity to take over payments in this part of Richmond on this beautiful home without qualifying for a new loan. $251,627 existing loan with 28.5 years left (loan matures 03/01/2048). Loan is at 5.75% fixed interest rate and $2,325.47 monthly payment (PITI). DOWN PAYMENT ONLY $19,900 OBO. $3,000 deposit to lock the deal.
- Perfect for investor with a long outlook. Get in SUPER LOW for $19,900 OBO with rents at about $2,000 and then cash out handsomely once equity has built up OR sell to owner occupant with wrap note at the higher price and 9.95% interest rate and collect the difference in payments. PERFECT for friends and family members that are looking for a home in this part of town without qualifying for a loan! Subject to deals like this in this type of neighborhood don’t come along often. Hurry!
- Both rental and retail comps provided as last 2 images