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texas_invest

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About texas_invest

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  1. Canyon Lake Property near San Antonio, TX - great for lake home or rental. 3 minutes to lake; 15 minutes to New Braunfels; 30 minutes to NE San Antonio; 25 minutes to Hwy46 & Hwy281. (Numbers are pending exact report from bank lawyers.) Sales price ~$55,000. Tax Appraisal $70,320. Equity $15,320. Loan Reinstatment fees ~$6,000. Assignment fee $1,500. Monthly payment $631 ($525 mortgage + taxes) #Bedrooms 2 or 3 or 4; . (Den and office can be the 3rd and 4th bedrooms.) # Baths 2.5 Open living/kitchen/dining area. Mobile Home (1993 Solitaire) with addition of den or bedroom 1,376sf. Good condition, well constructed, cared for. Detached 2 car finished garage and office/bedroom, 1/2 bath, and storage 600sf. Front wood deck 140 sf Open porch 108sf Hardwood and carpet flooring. All electric. Paved driveway. Landscaped. 3/4 acre lot in mobile home estates. Very quiet neighborhood. Due to holidays, cashier's check to bank must be overnighted on Thursday, December 28. This property is in a land trust and the owner has signed a Warranty Deed to the Trustee of the land trust. No closing costs. Contract is "subject to" existing mortgage. Pictures of exterior are available at www.ccampbellphd.com/realestate.htm (Search with Yahoo is more effective than Google for this.) OR we can email them to you. Possible repairs: Some shingles need replaced due to tree limbs. Exterior siding needs a coat of paint. Short section of gutter on garage needs anchoring due to tree limb. Contact Cassandra at 210-379-8530 or texas_invest@yahoo.com
  2. 3/2.5/1/loft/2 living/open kitchen-dining-den, 2 story, --2228 sf Equity potential $20,000-$25,000 New Braunfels , TX in 3-4 year old subdivision. (10 minutes to I35/1604, 30 minutes to I10/1604, 15 minutes to Canyon Lake .) Pre-forclosure Sale Price $ 123,138.16 includes HOA and back payments. Cash to reinstate loan, stop foreclosure and keep mortgage $5,296.27. Assignment fee reduced to $3,000. HOA lien for $569 is on hold until HOA president investigates. (See annual HOA dues below.) Cashier's check to Mortgage company must be in overnight mail on Thursday, December 28 to be delivered Friday, December 29 due to holiday on Monday January 1. Mortgage balance $117,242 @ 10/16/06 (Exact Payoff pending.) PITI $970/mo Interest rate 6.25% Revised area sales range $65-$70/sf = $145,000-$155,960 for this house. 2006 Tax Appraisal $137,310 (increased $20,000 over 2005) Per Management company, average rentals are $1050-$1100/mo HOA lien is being investigated by President of HOA. There is not supposed be a lien for past HOA dues at this point. HOA $150/yr -= $12.50/mo, per president of HOA. 3/2.5/1/loft/2 living/open kitchen-dining-den, 2 story 2228 sf House is clean and in very good condition. Carpet needs to be cleaned. Garage has interior walls that can be painted. Built 4/2003 Brick front, vinyl siding, shingle roof Covered front and back porches. Wood fence Repairs: ~$300-500 Deed is in a Land Trust. Mortgage can stay in current owner’s name if desired. No closing costs. Simply record the warranty deed. Owner is vacating. Pictures available at www.ccampbellphd.com/realestate.htm Contact Cassandra 210-379-8530 or texas_invest@yahoo.com This one will go fast!
  3. Equity potential $30,000-45,000 New Braunfels , TX in 3-4 year old subdivision. (10 minutes to I35/1604, 30 minutes to I10/1604, 15 minutes to Canyon Lake .) Sale Price $124,200 includes HOA and back payments. Cash to reinstate loan, HOA, stop foreclosure and keep mortgage ~$6942. Mortgage balance $117,242 @ 10/16/06 (Exact Payoff pending.) PITI $970/mo Interest rate 6.25% Assignment fee $5,000 Area sales range $74-$85/sf = $164,872-$189,320 for this house. 2006 Tax Appraisal $137,310 (increased $20,000 over 2005) One current area rental for 1800sf is $1100/mo. = $0.61/sf = $1362/mo for this house. HOA $842/yr = $70.17/mo 3/2/1/loft/2 living/open kitchen-dining-den, 2 story 2228 sf House is clean and in very good condition. Carpet needs to be cleaned. Garage has interior walls that can be painted. Built 4/2003 Brick front, vinyl siding, shingle roof Covered front and back porches. Wood fence Repairs: ~$300-500 Deed is in a Land Trust. Mortgage can stay in current owner’s name if desired. No closing costs. Simply record the warranty deed. Owner is vacating. Pictures available at www.ccampbellphd.com/realestate.htm Contact Cassandra 210-379-8530 or texas_invest@yahoo.com This one will go fast!
  4. Make 10-15%+ ROI, Austin, TX. 5 days until auction. Make back payments on pre-foreclosure of ~6500.(Actual reinstatement pending.) Subject to current mortgage. 1752 SF, 4/2/2 At least $100/mo cash flow, possibly more. Current owner wants to lease and then buy back in a few years or less. You negotiate terms of agreement with owner. Deed will be in a Land Trust to easily transfer to you. No closing costs. Current contract price is $151,176. House is one year old in SE Austin off Wm.Cannon. Wood siding, shingle roof. Owner had family illnesses this summer. He has ability to pay extra over mortgage. Assignment fee $2000 This owner works two jobs 6 and 7 years. One of those is the City of Austin. He says that he will be able to refinance as soon as possible. An investor can make a good profit on this deal even though there is not a lot of equity since the house is only one year old. Contact us SOON! For any information. Cassandra 830-438-2837 210-379-8530 texas_invest@yahoo.com
  5. Great preforeclosure property to hold. Auction date Dec 5th in Comal County, Texas. Can lease to current owners for $100/mo cash flow. Contract for $135,000. $27,470 equity. $156,670 tax assessment. $129,200 1st lien. No other liens. ~$4500 arrears and fees (included in contract price). $3000 assignment fee. Deed in a land trust to be transferred to you = assume current mortgage (7.25% interest). No closing costs. Current owners would like to buy it back in 2-3 years.They will continue to pay insurance and taxes and maintenance in addition to monthly mortgage payments. Central Texas: 10 minutes to Canyon Lake, 25 minutes to north San Antonio, 30 minutes to New Braunfels, 15 minutes to Blanco. Description of property: Built summer 2002. 3/2/2, 1486 SF All electric Spring Branch/Canyon Lake, TX Hardiplank siding, shingle roof 1.37 acres Wooden deck 20'x30' and Chain link fence in back Covered front porch Well maintained Overlooks 8-10 mile view of a valley and hills. 2 minutes to golf course. Water supply - Canyon Lake Water Utilities Aerobic waste water treatment system (Pictures on www.ccampbellphd.com/realestate.htm Monday) Subdivision: Rayner Ranch in Spring Branch, TX, 1-5 acre lots, very quiet, country atmosphere, near Rebecca Creek. These owners built the house and want to stay in it. An unfortunate event last summer ended in foreclosure proceedings. They were current on all payments until then. They have the ability to maintain payments if arrears can be handled. Contact RCF Properties and/or TLC Investments texas_invest@yahoo.com Cassandra 830-438-2837 or cell 210-379-8530
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