The Situation: The seller was an experienced real estate investor that was tired of managing this property and the tenants. He needed funds to pave a commercial parking lot and wanted the cash from this home.
The Property: This is a 1990 ranch home with 3 beds & 2 baths. Home needed a full cosmetic renovation. There were also several safety issues with the home that needed to be addressed.
Cash Sale! Seller gave the non-paying tenants two weeks to move out. We closed on the vacant property 18 days after contract. Seller was able to get rid of a bad rental property and repair his commercial lot.
