Well after a fast trip to the library today to access the PVA site(and not have to pay for it) Here is the latest scoop on the property, plus I got the contracts via email.
The House is a 2 story frame house, V2 Vinyl clad frame construction. Interior size is 2,432 sq ft. the lot size is .23 acres or 50 x 200 feet. I have written confirmation that they will repair/replace anything that needs to be done to bring it up to codes within 30 days after the signed contract and deposit is received. Plus I will be consulted on all repairs by the contractor.
My monthly mortgage payment is $350.00 + $50.00 per month for insurance and $75.00 per month to go in an escrow account for the taxes, bringing the total monthly payment to $475.00.
The purchase price is actually $40,383.00 minus the initial payment of $500.00 for a balance of $39, 883.00 on a 30 year fixed rate mortgage at 10%.
Yes I would love to move to the country, however there isn't much in the way of buying something on a land contract to deed out there, and this is a nationwide company that buys foreclosed homes and then sells them to people who cannot go out and buy a piece of property.
The House is a 2 story frame house, V2 Vinyl clad frame construction. Interior size is 2,432 sq ft. the lot size is .23 acres or 50 x 200 feet. I have written confirmation that they will repair/replace anything that needs to be done to bring it up to codes within 30 days after the signed contract and deposit is received. Plus I will be consulted on all repairs by the contractor.
My monthly mortgage payment is $350.00 + $50.00 per month for insurance and $75.00 per month to go in an escrow account for the taxes, bringing the total monthly payment to $475.00.
The purchase price is actually $40,383.00 minus the initial payment of $500.00 for a balance of $39, 883.00 on a 30 year fixed rate mortgage at 10%.
Yes I would love to move to the country, however there isn't much in the way of buying something on a land contract to deed out there, and this is a nationwide company that buys foreclosed homes and then sells them to people who cannot go out and buy a piece of property.