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Rancho Penasquitos Home, Cash Offer only for good Deal

Kare2 0 8470

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92129-Rancho Penasquitos (San Diego County) FOR SALE
$450,000 Offers are cash only
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Joe Park
Email Joe


Work: 858-268-1177
Cell: 619-370-7199
Fax: 858-268-0277
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11273deldiablo

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Address: 11273 Del Diablo Type: Residential Style: Single Story Bedrooms: 4 Bathrooms: 3 Suite: No Living Area: 2,338 square feet Year Built: 0
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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 thru 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

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Brokered and Advertised by Kareic Real Estate & Investment LID 43169518
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.
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