Tuesday, February 22, 2005

Another Round of Offers

Here are some potential condidates for offers. I will probably submit these through my RE agent later this week ...

Offer #1
Description: 2000, 3/2.5, 1952sf, HUD/VA
List Price: $112,000
Repairs: $1,000
ARV: $129,000
Offer Price: $95,000
Offer/ARV Ratio: 0.74
Offer/List Ratio: 0.85

Offer #2
Description: 1982, 3/2, 1356sf, HUD
List Price: $95,000
Repairs: $5,000
ARV: $100,000
Offer Price: $70,000
Offer/ARV Ratio: 0.70
Offer/List Ratio: 0.74

Offer #3
Description: 1984, 3/2, 1601sf, REO
List Price: $99,900
Repairs: $15,000
ARV: $112,000
Offer Price: $66,500
Offer/ARV Ratio: 0.70
Offer/List Ratio: 0.59

Offer #4
Description: 1980, 4/2.5, 1080sf, REO
List Price: $75,000
Repairs: $10,000
ARV: $84,000
Offer Price: $45,000
Offer/ARV Ratio: 0.54
Offer/List Ratio: 0.60

Offer #5
Description: 1997, 4/2.5, 2036sf, VA
List Price: $121,000
Repairs: $1,000
ARV: $130,000
Offer Price: $95,000
Offer/ARV Ratio: 0.73
Offer/List Ratio: 0.79

Offer #6
Description: 1997, 4/2.5, 2623sf, REO
List Price: $123,500
Repairs: $1,000
ARV: $130,000
Offer Price: $95,000
Offer/ARV Ratio: 0.73
Offer/List Ratio: 0.77

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