[DPI] ***Huge Upside Potential for Two REO's Houses in Hampton Roads, VA***

Two Awesome Homes with Tons of Built-in Equity in Hampton Roads, VA!!!

***Ready for Cash Buyer to buy and hold or fix and flip***:

1st Home:

Located in Portsmouth, VA
50k below assessment!!!
Minimal Repairs!
Bank-owned home.
Two-story home in nice neigborhood!
4 bed 2.5 Baths
Large Master with Jetted Tub
2176 sq. ft., .26 acres
built 1997
Close to schools and shopping

Numbers:

Eppraisal: $242,478
Assessed: $241,610

Asking: $184,900
Instant Equity: $57,578

2nd Home:

Located in Chesapeake, VA
92k below assessment!!!
Bank-owned home
Ranch single story.
Needs some repairs at LEAST 20k worth of work.
Kitchen, bathrooms, possible subfloor, all cosmetics including windows, AC, and possibly a roof.
5 Bed 4 Baths
2,540 sq. ft., .25 acres
built 1988
Close to schools and shopping

Numbers:

Eppraisal: $282,585
Zillow: $260,000
Bought March of 07 for $234,454

Asking: $187,500
Instant Equity: $95,085

Requirements to go to contract:

*Earnest money deposit min 10%
*Proof of funds to be presented at time of contract
*Closing time could be as fast as 10 days…but sometimes there are title issues that need to be cleaned up by the selling bank.

Ok, if you are interested in either of the properties send me an email with your contact information and I will send you the addresses and pics of the properties.

Both of these properties are wholesale properties and will be sold QUICK so don't hesitate to put your OFFER in ASAP before someone else lands these two deals!

Also, be sure to let me know what your preferred method of communication is phone, email, text, or fax so I will know best how to reach you.

Thanks and make it a Prosperous and Happy New Year in 2011!

Sincerely,

Joshua Browning
757-345-5788
jbmaxone@gmail.com
Williamsburg, VA

You miss 100% of the shot's you don't take--Wayne Gretzky

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