Distressed Bargain Homes

What is an Economic Opportunity Zone? With the Tax Cut and Jobs Act of December 2017, a little known portion of this act created the Economic Opportunity Zone. The IRS has identified over 8,000 census tracts where this zone classification is applicable. Why is this important?... The zone allows investors to pump money into real estate in distressed neighborhoods across America and after that asset has been acquired, rehabilitated, and sold the capital gains tax(es) are deferred because the investor took the risk of investing in a distress property within the specifically identified zone(s). To learn more if participation as an investor in these zones make sense, go to: https://www.irs.gov//opportunity-zones-frequently-asked-qu

Good Friday to all!

1.26 AC (55,020 sf lot), FLAT, BUILDABLE, CHEAP! AGUILA, AZ 85302 ASK $17,999.00 Flat buildable lot, on the north side of Hwy 60 (paved road), power poles on land. Lot is zoned RU-43 (1 dwelling unit per acre).... Also known as Lot 21 west to the community center known as Aguila, AZ. Per Maricopa County, acceptable land use: Residence, kennel, hobby ranch, livestock (personal enjoyment). Terms: Cash, Fast Close Sleepy farming community, population approx. 800. Cantaloupe is the big crop. At an elevation of 2168, average year round temp in 70s. Property is a scant 4.5 hr. drive from Orange County CA or 1.65 Hr from Phoenix. About 50 miles to the south, Bill Gates has invested $80MM to start construction of a "Smart City". That means this parcel is already within sphere of influence of this new development.

Distressed properties do not always mean a developed lot. They can also be developable lots at great prices. A little vision and you can create your own piece of heaven. I have 28+ lots for sale from 2500 sf to 37.53 Acres, in Arizona, California and Oregon.

Most people have a burning desire to own their own land. And owning land in USA is one of the top 5 countries worldwide for the desire for ownership. The issue at hand is the affordability of most who desire to make... this dream a reality. Now it doesn't have to be a dream....I have land for sale in Arizona, California and Oregon. (Some of it's mine, most of it I represent the seller. RE Broker CA01135909). Lots from 2,500 SF to 37.53 Acres $4,000 USD to $1,250,000 USD Zoning: Residential to Commercial Terms: Cash to Seller May Carry. PM me if you are true buyer (or represent a buyer)...

Sold for full list price! Probate sale. #happyheirs

Inland Empire Property For Sale (Off Market). Asking $257,000. Needs some TLC to make this a great home. 4BD+3BA. 1407 SF on a manageable 3900 SF Lot. Built in 1990. Owner completed many improvements before passing. On Cherry Vista Dr, Perris CA.; Cross streets Nuevo Ro & Redlands.

NEW OFF MARKET PROPERTY Perris,CA (Cherry Vista Dr.) 4bd 2.5 bath 1407 sf, 3920 sf lot... Scrapped ceilings w/energy eff. can lighting New AC unit, dual paned vinyl windows Some light work needed Asking $257,000 Probate property, No court approval reqd. Cash, VA, FHA

24 Distressed properties available today 5/5/17 in SoCal starting at $80,000

I have buyer clients asking for real dog fixer homes--they're money is burning holes in their pockets. Off market fixers wanted in Orange, LA, Riv, SB, North SD counties. Referrals are rewarded.

Distressed Probate Property Available--WON'T last! Seeking principal desiring to acquire this property as an ALL CASH purchase, no contingencies, AS-IS, No Warranties/No Repairs. This property is NOT LISTED. Basics: Buena Park, CA., 1074 SF (est.), 3bd/2ba, 6000 SF lot (pub.), ARV $565,000-$570,000, est. Rehab $35,000-$38,000. Full Authority probate sale with offer to be written "subject to issuance of ‘letters’, confirmation of Personal Representative and closing within 7 d...ays of receipt of ‘letters’". Buyer pays Broker. Buyer must provide proof of funds to close. No Agents/No Brokers/No third parties. Perfect for Fix/Flip or Buy/Hold/Lease - Rental Comps are $2400-$2550/mo for 90260 zip code for similar properties. Broker will represent buyer only. Buyer/Seller pay each their own standard closing costs. Only bona-fide serious buyers, call broker at 949-667-0322 for more info. Gregg Cochran, CABRE 01135909

Are there still #DistressedBargainHomes available? We just had a client close on a 2bd/2bath condo in Orange County for $130,000 requiring $35,000 in rehab work in a community where the average sales price is $210,000. This investor will hold as an income producing property. www.distressedbargainhomes.com

Many homebuyers are scared to death of homes which require repairs, updating and/or modernization. This need not be a reason to pass on a home in a great location or a home with good 'bones'. With a little used loan program which includes the cost to rehab/modernize these 'scratch and dents' into your dream home. Some of the most common reasons a buyer will pass on a distressed property, which can be included in the loan program to fix are:... repairing/replacing plumbing, heating, AC and electrical systems; making changes for improved functions and modernization; making changes for aesthetic appeal; repairing or adding roofing, gutters and downspouts; making energy conservation improvements; creating accessibility for persons with disabilities; installing or repairing fences, walkways, and driveways; installing a new refrigerator, cooktop, oven, dishwasher, built-in microwave oven, and washer/dryer; repairing or removing an in-ground swimming pool. And many times a bargain deal can still be realized.

Cash paying investors wanted looking to buy the following distressed properties: Single Family Homes, Apartment buildings, strip centers, retail stores, light industrial buildings, land and more. We have new sources for distressed property just coming to market and the asset managers want to sell now. Opportunity to obtain at discounted prices. #DistressedPropertyForSale Property prices range from $250,000 to $15,000,000 (Single property or pool of property)....what's your a...ppetite? Disclaimer: Serious cash buyers only need to respond. Proof of funds will be required before any information is released. Buyers pay all premiums and fees. Non-circumvent required. Properties subject to prior sale.

Have you a #shortsale on your credit? Currently you can buy a home with as little as one-year since the short sale. HOWEVER, on and after August 16, 2014 that's all changing. The new criteria for a Fannie Mae (FNMA) loan will require a 4-year time line (waiting) period before you can buy. If you've been waiting--wait no more and act today...otherwise, you'll be forced to wait. www.AffordableHomesOC.com

The Anaheim Fixer is in escrow. There are more still on the market--go to: www.distressbargainhomes.com for Free List w/Pictures.

We're getting closer...only one way to receive your personal invitation to preview the property once the court gives us the go... is to call the reservation number below...

27 New Distressed Homes available this week

Not yet on the market...may be the lowest priced bargain in OC this year.