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Pre-Tax Foreclosure!!!! $4,700.00

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Real Estate Queen Category: Subject To
Current Grade: A
Total Views: 3519
Member Comments: 3
Posted on: 02/07/2007
Posted by: Real Estate Queen
Blog Points: 2582
View all blogs >>
Well here is a house in Meriden.. Check it out...
Three Family, $3,500.00 Property Taxes and Water Taxes $1,200.00. Needs work.Property Valued at $108,000.00



Property Information


Assessment: 56280
Acreage: 0.05 Zoning: C-3
Use: Res - Subd(3 Family) Tax Dist.: 2



Current Grade: A
Category: Subject To
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Vieving 1 - 3 out of 3 comments
Nick

Posted By: Nick on 02/22/2007
Damn thats an amazing deal!!!
 
Real Estate Queen
Ambassador
Posted By: Real Estate Queen on 02/07/2007

The property has No Mortage. There are No agents involved and the property is bihind on Taxes so the Tax Department of the town is Foreclosing. The owner is currently in Jail. I have 15 others ones I'm dealing with 1so I'am Wholesaling some. Also need to spread the joy. Pay the taxes,rehab and then sell or hold and whole sale etc.

Building Information
Year Built: 1905       Style: COLONIAL 2STY+
ROOMS   Total: 12    Bed: 8
BATHS   Full: 3    Half: 0
SQFT   Living: 1496  Fin. Bsmt: 600  Attic: 299
View Sketch

Cool

 
Matt Miller - Content Director
Admin
Posted By: Matt Miller - Content Director on 02/07/2007
WTH?!?! $4,700 really buys a $100k property? What am I missing here???