Dan Auito
07-26-2006, 01:43 AM
1. Wasatch, Utah. $13M appraisal. I also have a cost approach, not comps approach appraisal, that was done about 6 weeks ago for $19M, in other words if it burns down it would cost $19M to replace. It leases for $1800.00 a night and is booked up year round. Includes all furnishings and 5 snowmobiles. The asking price is $7.0M. That is a 54% LTV!
2. Wasatch, Utah 9 bdrm, 9 baths, remodeled 14,239 sq ft. The appraised value is $7.5M and the asking price is $4.5M. This is a 60% LTV.
3. This property is in Park City UT, owner is very motivated has already moved out. It is a 4/4.5 4 car garage, 7 fireplaces, 3 decks, indoor pool, very, very nice. Appraises at $5M. Selling price is $3.2M. That is a 64% LTV.
4. Stunning Manson on 35 acres in Ft. Collins, CO. Divorce forces sale! Fantastic mountain views, 9600 sq. ft. 7 beds, 6 baths, 4 car garage, deck, balconies, and hot tub. Recently appraised at $2,855,000 Buy at 66% LTV.
5. This is a spectacular 14,000+ square foot brand new waterfront estate on exclusive Marco Island. The home was built of the highest quality throughout and includes 6+ Bedrooms, 8.55 Bathrooms, marble driveway and flooring, 40' ceilings in the LR, 2 interior elevators, Billiards Room, negative edge pool with spa and swimming lane, electronic gated entry with surveillance and dock for 100' yacht. The home was recently appraised at a conservative $15,300,000. The owner is including all of the furnishings and artwork with the sale with a value of nearly $1 million. Owner is anxious and will consider offers in the $10,700,000 range. That is a 70% LTV.
Developed pre-construction lots in Bowling Green, Ky. 15% discount from appraised value.
Do your due diligence. Like any investment, real estate does have risks and
you should always consult your attorney for advisement if deemed necessary. We are
not giving investment advice or offering a security. This offer is
contingent upon a written and signed assignment agreement and a general
release of liability should you decide to proceed.
Call me ASAP if any of these properties tickle your fancy. I can help with Loans also with our preferred lender. These are great prices for these types of homes. I can get the appraisals that were recently done. Certainly call me or drop an email.
Your One Source for CCTV
Lektronix, Incorporated
Micheal Leek
C.E.O.
micheal@lektronix-usa.com (micheal@lektronix-usa.com)
P.O. 51654
Bowling Green, Ky. 42102 (http://maps.yahoo.com/py/maps.py?Pyt=Tmap&addr=P.O.+51654&csz=Bowling+Green%2C+Ky.+42102&country=us)
tel: 270-843-0035 http://www.magicbullets.com/forum/cid:image001.gif@01C6B00D.276E47C0 (http://www.plaxo.com/click_to_call?src=jj_signature&To=270-843-0035&Email=micheal@lektronix-usa.com)
fax: 270-843-5547
P.S. Mike's the real deal and has my official seal of approval!:grin:
2. Wasatch, Utah 9 bdrm, 9 baths, remodeled 14,239 sq ft. The appraised value is $7.5M and the asking price is $4.5M. This is a 60% LTV.
3. This property is in Park City UT, owner is very motivated has already moved out. It is a 4/4.5 4 car garage, 7 fireplaces, 3 decks, indoor pool, very, very nice. Appraises at $5M. Selling price is $3.2M. That is a 64% LTV.
4. Stunning Manson on 35 acres in Ft. Collins, CO. Divorce forces sale! Fantastic mountain views, 9600 sq. ft. 7 beds, 6 baths, 4 car garage, deck, balconies, and hot tub. Recently appraised at $2,855,000 Buy at 66% LTV.
5. This is a spectacular 14,000+ square foot brand new waterfront estate on exclusive Marco Island. The home was built of the highest quality throughout and includes 6+ Bedrooms, 8.55 Bathrooms, marble driveway and flooring, 40' ceilings in the LR, 2 interior elevators, Billiards Room, negative edge pool with spa and swimming lane, electronic gated entry with surveillance and dock for 100' yacht. The home was recently appraised at a conservative $15,300,000. The owner is including all of the furnishings and artwork with the sale with a value of nearly $1 million. Owner is anxious and will consider offers in the $10,700,000 range. That is a 70% LTV.
Developed pre-construction lots in Bowling Green, Ky. 15% discount from appraised value.
Do your due diligence. Like any investment, real estate does have risks and
you should always consult your attorney for advisement if deemed necessary. We are
not giving investment advice or offering a security. This offer is
contingent upon a written and signed assignment agreement and a general
release of liability should you decide to proceed.
Call me ASAP if any of these properties tickle your fancy. I can help with Loans also with our preferred lender. These are great prices for these types of homes. I can get the appraisals that were recently done. Certainly call me or drop an email.
Your One Source for CCTV
Lektronix, Incorporated
Micheal Leek
C.E.O.
micheal@lektronix-usa.com (micheal@lektronix-usa.com)
P.O. 51654
Bowling Green, Ky. 42102 (http://maps.yahoo.com/py/maps.py?Pyt=Tmap&addr=P.O.+51654&csz=Bowling+Green%2C+Ky.+42102&country=us)
tel: 270-843-0035 http://www.magicbullets.com/forum/cid:image001.gif@01C6B00D.276E47C0 (http://www.plaxo.com/click_to_call?src=jj_signature&To=270-843-0035&Email=micheal@lektronix-usa.com)
fax: 270-843-5547
P.S. Mike's the real deal and has my official seal of approval!:grin: