Invest NWI Buyer’s Process Letter (Please read so you under stand our sales process)
Flip it or rent it- either way, you’ll bank. We don’t find many of these cupcake rehabs anymore so take advantage when we do. This above averaged sized house in south Hammond has so much potential. You can keep it was a 3/1.5 and have a huge additional room out back for a great living room set up. Or convert that room to a master suite and have a 4/2. Either way, it’s a winner. Plus enjoy the huge 2.5 car garage, double wide drive way (not normal in this hood) and newer fenced yard. Roof and mechanicals are only a few years old. Taxes of $2950 reflect no exemptions so there’s no surprises as a rental.
OFFERS DUE Friday 12/4 by 12pm
Asking Price: $67,750 obo
ARV- $150-160K
COMPS
7717 Belmont Ave – 3/1 – 1380ft – NO garage – Closed @ $144,000 on 7/20 (garage and 1/2 bath are worth $12-15K)
7733 Delmar Ave – 3/1 – 1172ft – 1 car – Closed @ $140,000 on 7/20 (will get bump for additional sqft, garage, and 1/2 bath)
1586 Beverly St – 4/1 – 1336ft – 2 car – Closed @$166,000 on 2/20 (Will get bump for 1/2 bath but loss some for sqft)
7758 Chestnut Ave – 4/2 – 1125ft – NO garage – Closed @ $150,000 on 6/20 (Will get adjustments for garage and size)
7753 Catalpa Ave – 4/2 – 1125ft – 1.5 car – Closed @ $155,000 on 5/20 (small bump for size and garage)
REALTORS- This is a FSBO property. No listing agreements are needed for a FSBO. This property will not be put on the MLS. Due to delays with the county’s websites, the change of ownership likely is not evident yet.
Closing will be held at Greater Indiana Title company with clear title and taxes prorated. Buyer will pay all closing costs of approximately $1000 plus the cost of title insurance if desired.
Proof of funds will be required before showing and is not available for rent, rent to own or financing.
Buyer’s agents welcome. We pay a 2% commission to buyer’s agents if agent is not the buyer nor has ownership of the entity purchasing the property.