Carmel Valley Home, Cash offers only
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92130-San Diego (San Diego County) |
FOR SALE $1,121,913 whole sale |
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Kareic Real Estate & Investment | |
Joe Park Email Joe Work: 858-268-1177 Cell: 619-370-7199 Fax: 858-268-0277 |
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10924 derrydown |
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Details | ||
Address: 10924 Derrydown Way Type: Residential Style: Single Story Bedrooms: 5 Bathrooms: 4 Suite: No Living Area: 3,476 square feet Year Built: 0 More Details |
Description | ||
KAREIC NPO Capital Partner REO PROCEEDURE * CASH SALE Funding Partner Agreement * Bank will prepare contract (usually takes about 2 weeks) * Standard RE escrow must close in less than 15-30 days FUNDING PARTNER AGREEMENT * NPO Non Profit Origination 501(c)(3) involved in Community Stabilization and Restoration Programs * Target end user is low to moderate income and first time buyers up to 50%-120% of area mean income * Funding Partner will fund NPO to acquire the property * Funding Partner protected by a note & deed of trust through escrow * NPO must remain on Title until sold or 105 day, whichever occurs first * Funding Partner has full control of the property and is responsible to manage, rehab, market and resale * Sale to General Public OK if low to moderate demographic does not exist in the property area * NPO must report to the Bank rehab process and resale to the end user More Description |
Brokered and Advertised by Kareic Real Estate & Investment LID 43014639 |
The information written and posted in this website is deemed to be correct but not guaranteed. Always check with your real estate professionals. KAREIC Real Estate is not responsible for any posted information without a written guarantee. |