White & Co Property Solutions Ltd
Date     Year
10/04    2008
 		Liverpool L11, 3 bed mid terrace, - 16% BMV to you
  • Not valued yet
  • Vendor agreed to drop sale price if the valuation lower than expected
  • discount therefore remains the same to you
The vendor has seen another property and they are desperate not to lose out on their 'dream house'.

Ref 067
Photo - Arlo Greetings!

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Please see the last section of this email for links to further information about this deal, and general terms and conditions.

If you wish to register your interest, or request further information, please email back.  This does not commit you to proceed with the purchase.

Kind Regards
Arlo
The Numbers
by Article Author Property Investment Image





Basic Figures
Market Value:                                          £ 115,000 (already RICS valued)
Your Price:                                               £ 96,500 (including FF)
Below Market Value By:                           16%
Rentals *:                                                    £ 525 pcm multilet      


*****
   
Total BMV to you after Finder's Fee: 16%. 

You will need to reimburse for the survey, and cover both sets of legal fees.  Other cost would include broker fees and bridging costs.  You would need to budget somewhere around £1,000 to purchase this property. 

You will £1,250 cashback which will help towards fees.  This means you will need to budget around £1,000 to purchase this property.
             
Upfront Costs                          
  1. Deal Fee (to secure the deal)               £ 500 (subtracted from FF)
  2. Survey                                                          £ 350
  3. Search Fees (solicitor)                           £ 300
1 and 2 payable directly to me via PayPal or bank transfer within 24 hours of your acceptance to take on the deal. 3 is payable to the solicitor, unless otherwise stated above.

Finder's Fee
  1. 'Your Purchase Price' - see above - is calculated by adding the actual Agreed Price (AP - agreed with the vendor) to the Finder's Fee (FF) payable. 
  2. Both the AP and FF are private and will be revealed only to the investor chosen to proceed with this deal. 
  3. The FF is payable upon completion and comes from your remortgage finance. 

Upon Completion
  1. Broker (variable)
  2. Bridging Finance (if applicable, varies, normally a flat £500)
  3. Finders Fee (any remaining, see above, varies) - minus the Deal Fee which has already been paid to secure the deal
  4. Purchase Solicitor (typically £450+, plus VAT and disbursements)
  5. Vendor's Solicitor (normally a flat £500)
On a typical £100,000 property, all the fees, should come to around £2,000 - £2,500 (excluding the Finder's Fee).

Notes
All mortgages are subject to survey and the purchasers own financial standing.  Figures given are for illustrative purposes only.

FINALLY - please remember we can provide you with a 'deal stacker' template (MS Excel - if you do not have Microsoft Office please contact me for an alternative).  This spreadsheet will give you a much more comprehensive financial analysis, which also allows you to play with the variables involved, and allows you to compare and contrast different mortgage products.



The Details

Terraced House ImageAREA / PROPERTY DESCRIPTION


3 bedroom mid terrace, through lounge, new kitchen and bathroom, wooden floors recently decorated. Front and back gardens ,off road parking. This property is situated on the main road into Liverpool 3m approx from Liverpool city center,close to all local ammenities. The area is undergoing massive regeneration. M57 1.5m, m62 3.5m.


WHY BELOW MARKET VALUE?

The owners have agreed on another property.  They do not want to lose out and understand that nothing is selling on the open market.  they are prepared to sell cheap as they really want to move to their dream house.

Please note your interest ASAP. 




Finally


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Disclaimer:

No part of this email constitutes or forms part of a contract.  White & Co is not a licensed estate agency or licensed investment advisor.  White & Co is not authorised by the Financial Sevices Authority to give investment or financial advice. 

Terms & Conditions:

By replying to this email, or emailing back with the deal / lead reference number, you acknowledge and agree to the terms and conditions should you be chosen to purchase this lead and you then agree to proceed.  Please note 'stating an interest' or requesting further information does not commit you to anything.      

Terms and Conditions Page
 
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