Housing Angels - Short Sale Specialists Action for Autism

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Serving PHOENIX, AZ and LAS VEGAS, NV and the surrounding areas

Housing Angels℠ Real-Life Scenario's

Click here to view available properties that need an Angel Investor.

The Islands, Gilbert

Original purchase price in December 1994 $ 350,000.00

Angel buys home for $170,000 and offers it as a leaseback though the housing Angel program.
Former owner will put $10,000 into a broker trust account with a lease agreement with option to purchase.

Former owner will pay $1,850 in rent per month. The rent is based on a 10 Cap rate to invest.

If the former owner wants to repurchase:
  • Year 1 = $204,000 *Based on 20% of original purchase price.
  • Year 2 = $204,000 *Based on 20% of original purchase price.
  • Year 3 = $224,000 *Based on 10% compounded on Year 2 price.
  • Year 4 = $224,000 *Based on 10% compounded on Year 2 price.

If the former owner repurchases property in Year 4 at $224,400 and originally owed $350,000 the saving on the mortgage would be more than $126,000.

Former owner is responsible for all repairs.

The former owner’s payment was almost $3,200 including taxes, HOA, and insurance; Therefore the savings per month is $1,350. The owner's monthly housing payment saving will total nearly $60,750. If they bought it back in the 45 month the is a total savings of $186,750.


Save your house

Homeowner in Northwest Valley Near Trilogy SAVED!

Home Owner owed $357,000
Home Owner payment Almost $3,000 per month
Investor Purchased home for $110,000
Rents back to Previous Home Owner for 1.1% for $1210 per month
Previous Home Owner can by back in 2-3 year for $146,410
Principle Reduction of $210,000
Saving on Payment per month if closed on 35th month $63,000
 
Total Saving to Previous Home Owner $273,000 approximately
 
This is real and remembers if it was a 30 year loan.
There were 20 years left and interest rates are close
to the same as they are today the Savings is:
$200,000 aproximately
 
Total Saving on the life of the loan $573,000 approximately
 
Bought
Back
Owed $350,000 Investor paid $170,000 Payment went from $3,200 to $1,850
Bought
Back
Owed $420,000 Investor paid $175,000 Payment went from $$2,700 to $1,850
Saved Owed $188,000 Investor Paid $67,900 Payment went from $1,400 to $747
Saved Owed $2,000,000 Investor paid $685,000 Payment went from $12,000 to $5,000.
Saved Great golf course community
Saved Owed $200,000 Investor paid $85,000 Payment went from $2,000 to $935
Saved Owed $265,000 Investor paid $75,000 Payments went from $$2,135 to $945