RARE FORECLOSURE DEAL IN CHESAPEAKE RANCH ESTATES - DON'T MISS OUT!
Asking Price: $229,900
About 11453 Stirrup Ln:
As a real estate agent, I can confidently say that this rare deeply discounted foreclosure in sought after Chesapeake Ranch Estates is an opportunity you don't want to miss. With 3/4 bedrooms, 2 full baths, and over 1900 square feet of living space on a large private lot, this property is a hidden gem waiting to be uncovered.
One of the best things about this property is its potential for equity gain. While the property has good bones, it does require some cleaning up and upgrading. Once these improvements are made, you can expect to see a significant increase in its value. This makes it an excellent opportunity for those looking to fix and flip or add to their rental portfolio.
Another great feature of this property is its price. It is priced to sell in as-is condition, providing a rare chance to own a home at yesterday's price. Whether you're an investor or a homeowner looking for an affordable property, this is an opportunity you don't want to miss.
The property is court-approved, and the price is approved as well. Special documents, disclosures, and bank contracts are required for submission and are attached to the listing. To ensure that your offer is considered, it is best to submit your highest and best offer with proof of funds.
While this property is an excellent opportunity, it is important to note that short-term hard money financing is available to qualified investors with 20% down payment. Unfortunately, FHA financing is not available at this time. However, if you do qualify for hard money financing, it can be a great option to consider.
In addition to the potential for equity gain and affordability, the property's location is another highlight. Chesapeake Ranch Estates is a highly sought-after area, known for its beautiful scenery and peaceful surroundings. It is an excellent place to call home, and this property provides a rare chance to do so at an affordable price.
Overall, this deeply discounted foreclosure in Chesapeake Ranch Estates is an opportunity you don't want to miss. With its potential for equity gain, affordability, and desirable location, it is an excellent investment for both investors and homeowners alike. If you're interested in this property, be sure to act fast and submit your highest and best offer with proof of funds to ensure that you don't miss out on this fantastic opportunity.
This property also matches your preferences:
Features of Property
Single family residence
Built in 1990
Heat pump, electric
Central a/c, electric
Open parking
$600 annually HOA fee
0.34 Acres
$118 price/sqft
25% buyers agency fee
This property might also be to your liking:
Features of Building
4
2
2
504
Walkout Stairs,Side Entrance,Partially Finished,Exterior Entry,Improved,Heated
Heat Pump, Electric
Central A/C, Electric
Electric Water Heater
Laundry Room
Ceiling Fan(s), Floor Plan - Traditional
1,956 sqft
1,956
0
Driveway
Yes
None
Split Level,Two
2
None
0.34 Acres
Above Grade, Below Grade
0501114522
R
In Foreclosure
SingleFamily
Single Family Residence
Frame
Concrete Perimeter
No
1990
Private Septic Tank
Public
Lusby
Chesapeake Ranch Estates
Yes
$600 annually
25%
Exclusive Right To Sell
Cash,Private Financing Available,Other
Fee Simple
Property Agent
Jim Sapia
Century 21 Downtown