This Seattle Investors Club wholesale deal is brought to you by The Matt Smith Machine.
VIEWING / INSPECTION FOR THIS COMING MONDAY, 5/11. Must contact Matt Smith for time – (206) 478-8688 – no4cloz@gmail.com
Real Estate Details:
Address:
6821 40th Ave NE
Seattle, WA 98115
Beds: 3
Baths: 1.5
Sq/Ft: 2740
Price: $582,000
Estimated Rehab Cost: $100,000(?)
Estimated Exit Value: $850,000+
COMPS: Click here to view the Listings
– Note: The $775K comp shows 3020 SF but only 2000 is finished. Subject will have 740 more SF than this comp when complete.
– Click here to view the listing
PHOTOS: Click here
Wholesale Deal Summary:
This deal is in the highly desirable Maple Leaf / Bryant neighborhood. It is a bankruptcy court approved sale and will now be forwarded to the lien holder for short sale approval. This will take 3-4 months (est.). The court would not allow interior inspections prior to mutual acceptance so therefore I have not seen the inside of this property.
Additional info:
– Earnest money : $10,000
– E/M Due: 5/12
– Closing: TBD Lien holder Approval + 10 days
For Showings:
For access to property & showing information you must contact Matt Smith:
Matt Smith
(206) 478-8688
no4cloz@gmail.com
DISCLAIMER: Buyers may not rely on this information and must do their own review of all the numbers and information in regards to this property.
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