USLandCo Real Estate Investing - HomeOwner Lead Posted on 1/26/2007

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Home Owner Lead - Posted on Friday, January 26, 2007
Address of the property:		Login To Your Account
City/State/Zip:
County:
When do you want to sell:
How Long Have You Owned The Home:
Why Are You Selling Your Home:		At 19 year old we were trying to get into the real estate business. this investor claim he was cutting us a good deal and this was the way to get into the business. HE put us on a personal contract lease to start, where we paid him $500 per month for 6 months and we used our own money to fix it up. He said that once we fixed it up, we were going to sell it, it wanted a profit off the top and we would walk away with a profit. At the end we had paid him for those 6 months, and was told that we would be purchasing the home as an investment home. It turns out we purchased the home as a primary residence and he sold it too us for the amount that we were suppose to sell it for. So now we have a mortgage.We were still living in an apt and still is now. So we went back to him and he suggested we rent it out then flip it, whatever that means. We were so deperate at 19 to get someone in the house to cover the mortgage we let them move in just covering the mortgage. zthe tenant is ok but this isnt waht we plan. We stop the escrow on the house b/c the notes were so high, and we have been paying the insurance and taxes out of pocket for 2 years. We are now 22, still in the apt with a baby on the way and we can't afford to pay taxes and insurance. We can't go up on the rent b/c the tenant would leave. What do we do?
Is The Property Currently Listed With A Realtor:
Type Of Property:
Number Of Bedrooms:
Number Of Bathrooms:
How Many Square Feet Is The Property:
Please List Any Other Features Of The Property:		basement part-funished
The Property Is Currently:
Does The Property Need Any Repairs:
What Repairs Are Needed:		I not sure of any major repairs. We need to fix a screen door.....
Estimated Value Of The Property AS-IS:
How Did You Arrive At This Value:
Your Asking Price:
Total Mortgage Balance:
Total Monthly Payment Amount:
Are The Monthly Payments Current:
List Any Other Liens Against The Property:		n/a
If You Are Behind On Your Monthly Payments Please Tell Us How Many Months You Are Behind And Any Legal/Foreclosure Fees That You Have Incurred:		not behind
Will You Sell Your Home For What You Owe On It:
If We Paid All Cash And Closed Quickly, What Is The Least You Could Take For Your House:
Would You Take Some Of Your Cash Now And Some Later:
How Much Cash Would You Need Right Now:
If We Guarantee Your Payments And Maintainence Until Your Home Is Sold, Would You Consider Leasing Us Your Home Until We Refinance It:
Please Provide Us With Any Other Information You Think We Should Consider:		There is a tenent in the property....but we are deperate!
Seller's Contact Information: Name : Login To Your Account Phone : Login To Your Account Email : Login To Your Account



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