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 #47in Akron, OH
The acquisition cost of this residential Arkon, OH is $53,934 (includes $959.30 in repairs). The investor will receive a clean title (with all liens, if applicable, settled) 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/is evicted within five years + the option price in that year).
In this case, the family has agreed to a five-year lease:
Year 1:$894.34/mo.
Year 2:$921.17/mo.
Year 3:$948.81/mo.
Year 4:$977.27/mo.
Year 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!
Homeowner on job with Housing for Homeless Women for 13 years!
Do a good deed and make a great return!
Short Sale Approved by Lender due over $118,000!
A Word From the Family
"I refinanced with an ARM, was out of work for a while, and fell behind on my payments. My lender was not willing to work with me on a repayment plan when I was only 3 months behind, they wanted a balloon payment immediately. When I was unable to make a near $4,000 payment up front, they filed foreclosure. This is the first home my wife & I purchased together. My 3 kids have grown up in this home and we are good friends with all the neighbors. We look forward to staying in our home, and repurchasing it soon."
For more about American Homeowner Preservation Short Sale, #47, please visit the property's listing at AHPHelp.com, where you can view financial projections, repair estimates and the home inspection report or call 800-555-1055.
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