Do you know someone who would like this “sub-to” deal with only $34k down. Fully Remodeled Home one hour east of Raleigh…
712 Salisbury Drive, Rocky Mount, NC 27801
Off Market $34k down
Takeover $174k mortgage, $1620/mo
Description: Beautifully Renovated 3/2 Brick Home with huge detached garage “Sub-To” opportunity. Built in 1989, now with NEW everything on over quarter-acre lot. White kitchen with glass-front upper cabinets and gold hardware, LVP water-proof wood-look flooring. New roof, HVAC, water heater, bathrooms, doors, paint. This home is located down a quiet street ending in a cul-de-sac. Walk 2 blocks to the neighborhood elementary school.
Exit Strategy: Seller needs to move quickly for a job transfer. Majority of household furniture and contents included in the sale. Perfect for AirBB, furnished rental for traveling nurses, or new homeowners. Only 15 min from I-95. One hour east of Raleigh.
SUB-TO DETAILS: Opportunity to take-over the $1620/mo mortgage payment without going through full loan-approval process. Can close as quickly as 2 weeks; warranty deed transfer with closing attorney. Financial requirements to purchase: 34k cash downpayment, $2,400 closing costs, and ability to make monthly loan payments,
Description: Beautifully Renovated 3/2 Brick Home with huge detached garage “Sub-To” opportunity. Built in 1989, now with NEW everything on over quarter-acre lot. White kitchen with glass-front upper cabinets and gold hardware, LVP water-proof wood-look flooring. New roof, HVAC, water heater, bathrooms, doors, paint. This home is located down a quiet street ending in a cul-de-sac. Walk 2 blocks to the neighborhood elementary school.
Exit Strategy: Seller needs to move quickly for a job transfer. Majority of household furniture and contents included in the sale. Perfect for AirBB, furnished rental for traveling nurses, or new homeowners. Only 15 min from I-95. One hour east of Raleigh.
SUB-TO DETAILS: Opportunity to take-over the $1620/mo mortgage payment without going through full loan-approval process. Can close as quickly as 2 weeks; warranty deed transfer with closing attorney. Financial requirements to purchase: 34k cash downpayment, $2,400 closing costs, and ability to make monthly loan payments,
Here is the deal:
- $34k to the closing table. Plus $2400 closing costs. Warranty Deed.
- Takeover $174k mortgage (28 years remaining), 6.75% APR, $1620/mo.
- All-in $208k for a “like-new” home without having to take out a new mortgage in your name.
- Guaranteed clear title (subject-to the existing mortgage) through closing attorney
- 2% buyer’s agent (or JV) commission
Edgecombe County PIN 376938086600
Call/Text Rochelle 704-765-4800 for access
PHOTOS of the HOME
Do you know a first-time homebuyer or investor who would like this home?
Text/Call Rochelle 704-765-4800
Transaction Details:
Cash only
Buyer pays all closing costs
$5,000 deposit (applied toward the purchase price)
Guaranteed clear title through closing Attorney
Have Questions? Want to inspect this property?
Call / Text Rochelle 704-765-4800
Rochelle@solutionhomeinvestors.com
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Property information presented above is believed to be accurate; buyer to perform due diligence
