Greetings,
I would like to update everyone on the property we are offering on 224
Green Cove, Montgomery, TX 77356. We have a tentative approval from
the bank on our short sale offer, expected to be confirmed by Tuesday
Jan. 29th, and as a result we are now able to offer this property for
$800,000, previously priced at $975,000. At this new price, the deal
will have $350K in equity after construction is completed.
We are looking for a cash buyer to wholesale this property to. Seller
is facing foreclosure on Feb. 5th, so buyer must be able to close
within the next few weeks. Buyer must provide proof of funds and non-
refundable deposit of $5,000 upon assignment of contract. If,
however, the short sale is not approved for some unforeseen reason,
the deposit will be refunded.
We will also pay a $5,000 referral fee to anyone who puts us in
contact with a buyer, should that buyer close on this property before
the foreclosure date.
Here are the details:
Address: 224 Green Cove Dr. , Montgomery , TX 77356
Subdivision: Bentwater on Lake Conroe
Key Map #124F
MLS #817968
S.F.: 6,100 per builder
Brm/bath/garage: 5/5.5/3
HOA: $750/yr
Stories: 2
Taxes: 2.0165%
Cost to complete: $150-250K depending on how nice it's finished out
ARV: $1.4M
Asking Price: $800,000
Description: Home is under construction (80% complete) on one and a
half waterfront lots. Front of home looks out onto golf course.
Pictures can be viewed at
http://s165.photobucket.com/albums/u62/genestate/224%20Green%20Cove/?albumview=slideshow
Comps: 1) 208 Green Cove Dr. (right next door) sold @[EMAIL PROTECTED]
$397.87 per s.f.
for $1.8M on 9/25/06, built in 2000.
2) 95 Broad Cove Dr. sold @[EMAIL PROTECTED]
$192.98 per s.f. for $1.1M on 3/9/07,
built in 1997
If you need any further details, please contact one of us as soon as
possible. Thank you for considering this amazing op****tunity.
Best regards,
W. Eric Robinson
tel 713.208.6741
fax 713.583.9429
eric@[EMAIL PROTECTED]
Robinson
tel 713.416.3529
fax 713.583.9429
keith@[EMAIL PROTECTED]
"If you have not consciously made the decision to be rich, excellent,
and healthy, then you have unconsciously made the decision to be poor,
mediocre, and unhealthy." -Wallace D. Wattles
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