A MAJOR Home builder has asked us to find buyers for 3 plots in stockton on Tees (North East) which they need off their books by End Of June...
1x Type E 3 Bed. Price £174,500 buy at 25% BMV for £130k (£44.5K Equity)
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1x Type W 4 Bed. Price £160k Buy at 15.6% BMV for £135k (£25k Equity)
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1x Type G Price 4 bed. Price £162k buy at 16.6% BMV for £135k. (27k equity).
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As these are direct from a major developer you will not be able to use creative finance facilities. You will simply buy using traditional methods at the discounted prices. you'll need to fund the deposit yourself as well as legal fees etc. (Possibly re-mortgage in 6 months time to release your deposit funds...).
only persons who are confident that they can complete by end of june should apply. We'll ask you for an immediate non-refundable deposit of £200 per property, plus a completion fee of 2% of the BMV price.
