|
Return to the main Properties For Trade page
See more details of this featured property for trade
|
Here's What
the Seller Has |
Here's What the Seller
Wants to Buy |
23806 New Delhi, Mission Viejo
3 Bedroom, 2.5 Bath
Value: $550,000
Owes: $524,000
Gross Equity: $26,000
Square Feet: 2,791 Year Built: 1976
Association Fees: $170.00 per month
Current Payments: $2,880 per month
(Principle, Interest, Taxes, Association Fees) |
Price: From $765,000 to $850,000
City(ies): Mission Viejo, South Orange County, Tustin, Irvine, From Irvine to San Clemente
Bedrooms: 3 to 4
Bathrooms: 2 to 3
Square Footage: 1,700 or larger
Can Afford: Maximum payments (P.I.T.I.A.) not to exceed $4,500 per month. |
|
The Seller Will Consider the Following
See Explanations Below |
Other Items of Value
that the Seller Can Add |
Lease with option to sell.
All Inclusive Deed of Trust (A.I.T.D.)
Contract of Sale |
$17,000 in personal savings, a boat with a net value of $5,200, a 1999 Toyota Landcruiser with $4,500 of equity in it, and $3,000 of jewelry. |
Explanations of Terms:
Lease with option to sell: A lease option agreement usually consists of two separate agreements - the lease agreement and the option agreement. The lease agreement is just your basic rental agreement. The option agreement gives the tenant/buyer the exclusive right to purchase the property for a specified price and term.
All Inclusive Deed of Trust (A.I.T.D.): A second deed of trust which is subordinate to, but includes the face value of the first deed of trust.
Contract of Sale: The normal method of a real estate transaction - an agreement to transfer title to real property at a given price, effected by the delivery of a signed, sealed and acknowledged deed.
. |