American Homeowner Preservation assists families at risk of losing their homes to foreclosure by selling their property to an investor who agrees to lease the home back to the family with a recorded option to repurchase. The family of the distressed property is never charged a fee by American Homeowner Preservation and also never needs to move. For more regarding the AHP program, please visit AHPHelp.com or call 800-555-1055.
Cost of American Homeowner Preservation Short Sale #47 in Akron, OH
The acquisition cost of this residential Akron,OH is $53,934 (including$959.30 in repairs). The investor will receive a clean title and monthly lease payments as agreed upon prior to the closing. They will also receive the resale price of the home when the family repurchases (or 50% of the proceeds over the option price if the homeowner moves within five years).
In this case, the family has agreed to a five-year lease:
YR 1:$894.34/mo.
YR 2:$921.17/mo.
YR 3:$948.81/mo.
YR 4:$977.27/mo.
YR 5:$1,006.59/mo.
In addition, the family has an option to repurchase:
Year One and Two: $62,024.10
Year Three: $64,720.80
Year Four: $67,417.50
Year Five: $70,114.20 plus repairs made during lease term.
Highlights of American Homeowner Preservation Short Sale #47
18% Forecast Returns
Family has lived in home for 7 years!
Do a good deed and make a great return!
Short Sale Approved by Lender due over $118,000!
A Word From the Family
"After my fiance and I split up I was left with the entire mortgage that my income alone could not support. This house has been a home to my son and daughter, as well as my disabled sister. I love my home and have made many upgrades. The school district is great - which is important for my daughter. The nieghborhood is safe and there are nice parks close by. I look forward to repurchasing and staying here for many years.
For more about American Homeowner Preservation Short Sale #47, please visit the property's listing at AHPHelp.com, where you can view return calculations and the home inspection report or call 800-555-1055.
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