Very large NW Reading SMD home in need of a lot work and being sold AS IS. This is an estate sale with an occupant that has a recorded longterm land agreement that must be honored and purchased with the real estate. The occupant can not be removed as long as they continue to pay the loan and abide by the terms of the land agreement. Serious buyers only and the occupants/equitable owners must not be disturbed in any way. The remaining term on the land agreement is 2.5 years. Loan amount: 100k. Payment is $1000 a month interest only at 12% annual rate. The occupants pay for all maintenance, utilities, taxes and insurance. Please do not attempt to go to the property without prior consent and approval. Cash sales only! The property is not financeable due to its physical condition and title.
Listed by:
RE/MAX Of Reading
Source:
BRIGHT MLS