Great Angel deal. still pending the Arms Length Transaction removal this deal can be done one of 3 ways.
#1. existing home owner will lease back the property for 3 years at $1,000/month AND purchase back during the 3 year at $105,600
#2. existing home owner will lease back the property on a 2 year lease back at $1,100/month BUT will NOT agree to purchae back the property (great for the long term buy and hold)
#3. existing homeowner will accept the short sale and WALK allowing the buyer to do as he pleases with the property
Let me know if you are interested. Follow this link to see the page: http://www.flexmls.com/link.html?u86ck3wmiwm,12,1
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