9505 Thornwood Drive

$319,900

Asking price

1/10

Existing Loan Balance

$28,007,396

Existing Loan Rate

6.5%

Existing Loan Payment

$259,434

Entry Fee

$10,000

Description

Property overview for this subject-to listing.

Subject-to existing Guidance Residential financing with seller carryback on remaining equity. Purchase price $319,900. Existing balance approx. $280,074 at 6.5%, monthly PITI approx. $2,594 plus $18.75 monthly LLC fee. Seeking $10,000 cash to seller at closing. Remaining seller equity of approx. $29,826 carried at 0% with no monthly payment and due upon refinance/payoff within 36 months. Buyer to assume responsibility for monthly payment, taxes/insurance, maintenance and agreed property expenses. Terms negotiable for a strong qualified buyer.

Location

Approximate map based on the listing address. Confirm the exact location with the seller.

9505 Thornwood Drive, Indianapolis, IN, 46250 · Open in Google Maps