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Cedar Rapids Real Estate Distressed Homes |
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Distress Sales/Bank-Owned REO
Probate/Fixers/Motivated Sellers
What would it be worth to you if you can get a list of (Real Estate/Home) fixer uppers, probates, very motivated sellers and bank-owned properties? That'll be a great resource to get a below-market deal on a property, won't you say?
We literally spend each day scraping through data from multiple sources to compile this list using our proprietary technology. Our experience, creativity, hard work and a huge investment in technology was needed to create this list. So, as you can imagine, this list is quite valuable.
We work with qualified buyers and investors with a purpose of acquiring residential real estate below market value and to re-sell them as needed.
If you are a serious homebuyer or investor, please complete and send us the Distressed Property Sale request form. We will then contact you regarding your requirements and how we can work together.
When you submit the form below, we will also send you a priceless article entitled “How I lost money in a fixer upper home and the lessons I learned that can save you thousands.” This article will show you how to find the home you desire, prevent you from buying a lemon or money pit, and explain how to make your bargain home a worthwhile investment.
We look forward to hearing from you.
Another number lenders use to evaluate how much you can afford is the
housing expense-to-income ratio. It is determined by calculating your
projected monthly housing expense, which consists of the principal and
interest payment on your new home loan, property taxes and hazard
insurance (or PITI as it is known). If you have to pay monthly
homeowners association dues and/or private mortgage insurance, this
also will be added to your PITI.
This ratio should fall between 28 to 33 percent, although some lenders
will go higher under certain circumstances. Your total debt-to-income
ratio should be in the 34 to 38 percent range.
Questions about Real Estate?
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Last Updated ( Thursday, 16 October 2008 )
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