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 and lease to repurchase at a much lower price than their existing mortgage. The average homeowner comes to American Homeowner Preservation underwater and after the AHP process, can repurchase their home for an average of 60% less than their original mortgage. For more regarding American Homeowner Preservation, please visit AHPHELP.com or call 800-555-1055.
Cost of American Homeowner Preservation Short Sale #54 in St. Louis, MI: 19% Returns
The acquisition cost of this residential St. Louis, MO home is $50,073 (including $5,685 in repairs). The investor will receive a clean title and monthly lease payments as agreed upon prior to closing. They will also receive either the option price when the family repurchases or the option price plus 50% of any proceeds over the option price in the event the family moves.
In this case, the family has agreed to a five year lease in the following amounts:
$ 855.73 in Year One
$ 881.40 in Year Two
$ 907.84 in Year Three
$ 935.08 in Year Four
$ 963.13 in Year Five
In addition, the family as the option to repurchase at the following prices:
$57,583.95 in Years One & Two
$60,087.60 in Year Three
$65,591.25 in Year Four
$65,094.90 in Year Five
Highlights of American Homeowner Preservation
19% Forecast Returns
Family has lived in home for 4 years!
Do a good deed and make a great return!
Short Sale Approved by Lender due over $223,000!
A Word from The AHP Family:
“This is a four-unit rental property and three of the units have longer-term tenants. With the increased rates on the existing mortgages, I have been unable to pay the negative cash flow each month. However, in this AHP transaction the lenders are writing off over $170,000 of the current debt, so this is a fantastic resolution for me. Each tenant pays $425 - 450, so there is ample revenue to pay the lease. I have already completed another property through the AHP program and have made my payments timely on that."
For more about American Homeowner Preservation Short Sale #54, please visit the property's listing at AHPHelp.com, where you can view financial projects, repair estimates and the home inspection report or call 800-555-1055.
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