Houston Condo Investment Property or Ready to
Residential
Houston Condo Investment Property or Ready to live-in

Houston Condo Investment Property or Ready to live-in
Start Price USD 23,500.00
Current Price USD 24,100.00
Time Left -
Bid Count 2
Buy It Now Price -
Reserve Price -
Start Time Monday, September 29, 2008
End Time Wednesday, October 29, 2008
Location Houston, Texas

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Description
This property is  located in SW Houston.  It is a great investment property or for someone looking for a place to live in that part of Houston.  The last renter I had paid $500.00 month.  I have management in place for out-of-town invester for 10% of the rent.  Anyone interested in seeing the inside of the condo will have to contact seller for arrangements.   The condo has the following amenties:  Central air and heat, washer and dryer connections, patio, pool and hot tub in the complex, new carpet and paint, new countertops, new sink and garbage disposal, and new doors.  It also has a refrigerator, range, built-in microwave and dishwasher. Your expenses will be approximately as follows:  Condo Association Fee - $151.00 per month (includes water, trash pickup, pool, building insurance, and grounds, Property taxes - $500.00 per year. TERMS:  Your bid is the total price.  You must close within 15 days from the close of the action.  NON-REFUNDABLE earnest money of $1k must be received within 24 hours after the close of the action or the condo will be offered to the next higher bidder.  The earnest money will be applied toward closing costs.  The closing with be done with a title company and you do not have to present to close.  There may be some owner financing available.  The priority will go to the bidder that can close with all of the money at time of closing; second priority will go to the bidder with the largest down payment.  The appropriate interest rate would apply. Your bid is a binding contract.  You are buying property "AS-IS".  As with all real estate transactions you should inspect the property.  By making a bid, you warrant that you have inspected the property or are waiving your right to do so.  Please do not bid unless you intend to fulfill the terms of your bid.      

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