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Investor, Home Builder/Developer, Private Lender Wanted
Location:
Chico, CA
Description:
Investor, Home Builder/Developer, Private Lender WantedWe want to proceed in obtaining a 30 Chico city lot tentative map but we first need JV partner with cash and possibly small private 1st TD. We are talking to several but not in contract. We may be willing to give JV partner a guarantee.. . .. . .. . .... . .Or. . .. . .. . .. . .... . . $272,000 (to refinance existing 1st TD and complete tentative map process)Engineer is confident our parcel will produce 30 Chico city lots.Ask us for much more information including preliminary lot layout, engineer's and environmental consultant's cost estimate to obtain tentative map (as little as $25,000) and why they think it will be reasonably smooth sailing in receiving tentative.Investors buy future subdivision land with no plans to finish lots but to only sell unimproved with tentative map for huge profits. Value skyrockets after tentative map.On 6/4/10 +/- same size parcel (Woodbrook subdivision) across the street from our future 30 lot subdivision SOLD unimproved for $689,000 ALL CASH including 26 lot tentative map with less desirable lot layout than ours. They are now building & selling homes. MLS photos and details of those sold homes available.Experts say Chico real estate market bottoms out spring 2012. Our future 30 lot subdivision will increase in value exponentially due to many lots (homes) in subdivision land increasing in value while a single home will increase in value straight line.We will option, sell or exchange all. The price for all is nearly 70% under it's 2006 value.DAVID M. HECTOR Real Estate Brokerage (DRE # 00796981)530-893-XXXX (Office) * 530-893-XXXX (Fax)Mariposa Ave at East ave (google map) (yahoo map)Location: Mariposa Ave, Chico
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More About this Listing: Investor, Home Builder/Developer, Private Lender Wanted
Investor, Home Builder/Developer, Private Lender Wanted is a Single-Family Homes for Sale in Chico CA. Find other listings like Investor, Home Builder/Developer, Private Lender Wanted by searching Oodle Classifieds for Single-Family Homes for Sale in Chico CA.
Investor, Home Builder/Developer, Private Lender Wanted is a Single-Family Homes for Sale in Chico CA. Find other listings like Investor, Home Builder/Developer, Private Lender Wanted by searching Oodle Classifieds for Single-Family Homes for Sale in Chico CA.