We are making history. We are offering Property to the Best Bidder using a Realtime online Bid Sale with Picture & Video Walkthroughs.
This Property will be offered through 7/18/2007
There is a Reserve Price that must be surpassed before the Winning Bid is accepted! WE HAVE A BARGAIN 3 STORY TOWNHOUSE THAT WITH A LITTLE WORK CAN BE CONVERTED TO A MULTIUNIT INCOME PROPERTY. IT IS VALUED AT $93 SQUARE FOOT; WHEREAS THE AVERAGE SALE COMPS (15 of 50 with Home sqre. ftg. IN THE LAST YEAR) AVERAGE $129.40 PER SQUARE FOOT.
CLICK THE LINKS BELOW & PERUSE THE CORROBORATING DATA.
Bedrooms: -- 4
Bathrooms: -- 1.0
Sq ft: -- 2,400
Lot size: 3,759 sq ft / 0.09 acres 3,759 sq ft / 0.09 acres
Year built: -- --
Year updated: -- --
# Stories: 3
Total rooms: -- 8
Basement: -- Partially finished
Roof type: -- Other
Exterior material: -- Other
View: -- None
Parking type: Garage - Detached Garage - Detached
Covered parking spaces: 1
Heating source: -- --
Heating system: -- --
Cooling system: -- None
Appliances: -- Microwave, Range / Oven, Refrigerator
Floor covering: -- Carpet, Linoleum / Vinyl
Rooms: -- Family room, Dining room, Pantry, Walk-in closet
Architecture: -- Colonial
County: Essex
Parcel #: 1404052000000016
Zillow Home ID: 38711229
Legal description: --
Zestimate: $242,235
Show fewer home facts Show all home facts
Neighborhood Info
Neighborhood:
Vailsburg
School District:
Newark
Elementary School:
Vailsburg Christian Academy
Middle School:
Sacred Heart Elementary School
High School:
North Star Academy Charter School of Newark
Stairs from 2nd Floor Hallway to 3rd Floor Attic Entrance view into AtticMain (or Bedroom #4)
Doorway: On the left, the doorway entrance to Attics Room #2 (room unfinished); on the right, the doorway to the stairs leading out of Attic Main Room (or Bedroom #4) back down to the Hallway on the 2nd Floor
Attic Main. Room; View of closet door and left side of bay window in Attic Main.
Attic's Main Room's Bay Window Right Corner
Attic Room #2
Attic Room 2
Attic Additonal Storage Room (Door entrance from Attic Room #2).
A $50 minimum deposit is required to bid. Each Investor Bidding must make a $50 refundable deposit (Minus the 30 cents & 3% Paypal.com charge= $1.80) per property before bidding on the Best Bid Sale. Credit card or debit cards are the only forms of payment accepted for this charge.
A credit card is required to register for bidding to ensure you are of legal age to purchase real estate (Can Legally agree to a Contract), confirm identity and verify you have funds available for the deposit ($50). Paypal.com will hold the $50 (defacto online bid escrow!!!) for the 3 day Duration of the auction. If you win the Bid then the $50 will be billed to your Card. The name on your credit card must match the profile information you provided during registration. An email will be sent to you to confirm you are approved to bid & to update you on what the latest bid is. This will give you Bid Access (This will include a link to the Secure Google Best Bid Page). Register to Bid Below!!! This Bid Page supports text SMS messaging updates!!!
The Winning bid is not necessarily the highest bid because of the 1 business day requirement for the bidder to wire payment to the Escrow company. After that we move on to the next Best Bid.
A LITTLE INFO, AND WE WILL DO THE REST!
Same Day turnaround on communication seven days a week email amenllc@gmail.com 1st. For EMERGENCY BID ASSISTANCE CALL for 510-978-9472.
33 W End Ave, Newark, NJ 07106 4 beds, 1.0 baths, 2454 sq. ft house
lot 3,759 sq ft / 0.09 acres
Open House Schedule
Come and visit us! July 18th The Walkthrough time is 3-5 pm. EST for PROPERTY INFO & WALKTHROUGH INFO Please call 510-305-9399 to schedule or feel free to drive by to view the neighborhood.
This is a great way to get an overview of the Property and it's features!
Our well-organized and efficient Open Houses are much more convenient and productive for buyers and investors. We have found that most buyers can determine within a very short time-frame whether or not they're interested in a home they've previewed.
Feel free to drive by the homes before their scheduled times, and then make sure to come in and see us us this weekend!
Above are Video & Picture walkthrough Links of the Property.
WE SOLVE PROBLEMS
Facing Foreclosure
Property in poor condition
Abandoned property
Need to downsize
Inheritance
Bad Tenants
Dispute or Divorce
Tired or long distance landlord
OUR COMMITMENT TO YOU
The fastest possible sale of your home or property!
To put fast cash in your hands
To buy your home or property in a respectful, ethical and efficient manner!
To relieve your stress, and find a selling solution best for you!
To buy your property “as is”, so you do not have to do any repairs!
We do not perform the services of a real estate agent. We do not charge you commissions. We do not charge you fees. We do not list properties. We just buy properties!
When facing foreclosure, time is of the essence!
Don't lose any more time looking around for solutions. We have helped other homeowners from across the country to stop foreclosure and we can help you too!
We are not real estate agents nor are we affiliated with any real estate agency. We will not insult you with unreasonable offers.
Do you want your mortgage paid off? Do you want cash in your hand at Closing? Then we can help. Don't lose any more time looking around for solutions. We have helped other homeowners from across the country to stop foreclosure and we can help you too!
email:ak2consulting@gmail.com to get your 48 Hour Offer
Buy A Home
Don't let poor credit rating or other problems stop you from buying your own home. Stop Renting!!!
If a buyer is currently paying X amount Rent and the new home payment is a higher
Y amount, then due to the home payment being tax deductable (due to interest) the
payment may seem a few hundred higher but actually starting the first day of closing
your home they will be bringing in more money from your job. This is because, the
IRS allows you to take additional deductions against the payment of your home. So
you may find that even though you payment rose, so did your income which offsets
the higher payment. The IRS even has a online calculator to help you figure out how
much this will be so you can instruct your employer to increase your deductions which
results in an instant raise (or increase in take home pay).
For your own thought process, here's a math formula to make it fast... Using a 28%
bracket and a year of payments of $2,000 as per their new loan.
(2000x90%x12mths=21,600 tax deduction x .28%bracket =6,048/12mths= 504.00
monthly Raise)
So which choice is going to get you what you want?
Continue renting now at $1600 a month and no appreciation/equity growth on the best investment anyone can make... a home. And be forced to live in a small home? And keep your income as is now.
Or Buy a home at $2,000 a month, but get an instant raise of $500 a month from the IRS, offset by the increased home payment, you still earn an extra $100.00 a month. And you move into a bigger and nicer place to live and one that will pay you all your money back that you pay each month when you decide to move. Usually that will provide your next downpayment for your next home in 5 -10 years and pay for your kid's college on top of it all.
When investing why not get the highest return on your investment of capital including Property, tax credits, appreciation, monthly revenue?
Our Partner http://eRealinvestor.com (Click this link to register & view a free test drive of sample properties) is providing a Web Dashboard so you can scenario plan and view the range of return possible on the properties we offer for realtime best bid sale.
You get piece of Mind using Erealinvestor's dashboard for gameplanning the type of returns you can need from our best bid investor properties.
IF YOUR BID IS THE BEST we will assist can assist you in finding prequalified Rent (to Own), Lease-Option, Lease-to-Purchase, Equity Share & Tenancy-In-Common candidates!!
We even offer Property Management support services!!! Contact us for a custom revenue solution design.
We have modeled our solution on the structure of Low Income Housing Tax Credits. Property, Revenue & Tax deductions are Pooled by the Investor, Seller and Buyer then are commoditized & transferred to the appropriate partner in the appropriate business entity.
The tax credits are more attractive than tax deductions as they provide a dollar-for-dollar reduction in a taxpayer's federal income tax, whereas a tax deduction only provides a reduction in taxable income. The "passive loss rules" and similar tax changes made by Tax Reform Act of 1986 greatly reduced the value of tax credits and deductions to individual taxpayers. As a result, almost all investors in LIHTC projects are corporations....As mentioned above, the credit is used to generate private equity, often prior to, or during, the construction of the project. Developers typically "sell" the credits by entering into limited partnerships (or limited liability companies) with an investor, with 99.99% of the profits, losses, depreciation, and tax credits being allocated to the investor as a partner in the partnership. The developer serves as the general/managing partner, and receives a majority of the cash flow (either through the payment of fees, or through distributions). The funds generated through the syndication vary from market to market, but 85-95¢ for each total dollar of tax credits is fairly common; e.g., $10,000 credits annually for the next 10 years would be $100,000 total, so developers could probably raise $85,000-$95,000 through syndication. Further, due to the fact that depreciation on the buildings owned by the partnership is also tax deductible, and that depreciation is allocated 99.99% to the investor, there are cases where investors actually pay slightly more than a dollar for a dollars worth of tax credits. An investor will typically stay in the partnership for at least the compliance period, because a reduction in its interest can also result in recapture of the credits.
We are making history. We are offering Property to the Best Bidder using a Realtime online Bid Sale with Picture & Video Walkthroughs.
This Property will be offered 7/13-15/2007
There is a Reserve Price that must be surpassed before the Winning Bid is accepted! WE HAVE A BARGAIN 3 STORY TOWNHOUSE THAT WITH A LITTLE WORK CAN BE CONVERTED TO A MULTIUNIT INCOME PROPERTY. IT IS VALUED AT $93 SQUARE FOOT; WHEREAS THE AVERAGE SALE COMPS (15 of 50 with Home sqre. ftg. IN THE LAST YEAR) AVERAGE $129.40 PER SQUARE FOOT.
CLICK THE LINKS BELOW & PERUSE THE CORROBORATING DATA.
Bedrooms: -- 4
Bathrooms: -- 1.0
Sq ft: -- 2,400
Lot size: 3,759 sq ft / 0.09 acres 3,759 sq ft / 0.09 acres
Year built: -- --
Year updated: -- --
# Stories: 3
Total rooms: -- 8
Basement: -- Partially finished
Roof type: -- Other
Exterior material: -- Other
View: -- None
Parking type: Garage - Detached Garage - Detached
Covered parking spaces: 1
Heating source: -- --
Heating system: -- --
Cooling system: -- None
Appliances: -- Microwave, Range / Oven, Refrigerator
Floor covering: -- Carpet, Linoleum / Vinyl
Rooms: -- Family room, Dining room, Pantry, Walk-in closet
Architecture: -- Colonial
County: Essex
Parcel #: 1404052000000016
Zillow Home ID: 38711229
Legal description: --
Zestimate: $242,235
Show fewer home facts Show all home facts
Neighborhood Info
Neighborhood:
Vailsburg
School District:
Newark
Elementary School:
Vailsburg Christian Academy
Middle School:
Sacred Heart Elementary School
High School:
North Star Academy Charter School of Newark
Stairs from 2nd Floor Hallway to 3rd Floor Attic Entrance view into AtticMain (or Bedroom #4)
Doorway: On the left, the doorway entrance to Attics Room #2 (room unfinished); on the right, the doorway to the stairs leading out of Attic Main Room (or Bedroom #4) back down to the Hallway on the 2nd Floor
Attic Main. Room; View of closet door and left side of bay window in Attic Main.
Attic's Main Room's Bay Window Right Corner
Attic Room #2
Attic Room 2
Attic Additonal Storage Room (Door entrance from Attic Room #2).
A $50 minimum deposit is required to bid. Each Investor Bidding must make a $50 refundable deposit (Minus the 30 cents & 3% Paypal.com charge= $1.80) per property before bidding on the Best Bid Sale. Credit card or debit cards are the only forms of payment accepted for this charge.
A credit card is required to register for bidding to ensure you are of legal age to purchase real estate (Can Legally agree to a Contract), confirm identity and verify you have funds available for the deposit ($50). Paypal.com will hold the $50 (defacto online bid escrow!!!) for the 3 day Duration of the auction. If you win the Bid then the $50 will be billed to your Card. The name on your credit card must match the profile information you provided during registration. An email will be sent to you to confirm you are approved to bid & to update you on what the latest bid is. This will give you Bid Access (This will include a link to the Secure Google Best Bid Page). Register to Bid Below!!! This Bid Page supports text SMS messaging updates!!!
The Winning bid is not necessarily the highest bid because of the 1 business day requirement for the bidder to wire payment to the Escrow company. After that we move on to the next Best Bid.
A LITTLE INFO, AND WE WILL DO THE REST!
Same Day turnaround on communication seven days a week email amenllc@gmail.com 1st. For EMERGENCY BID ASSISTANCE CALL for 510-978-9472.
33 W End Ave, Newark, NJ 07106 4 beds, 1.0 baths, 2454 sq. ft house
lot 3,759 sq ft / 0.09 acres
Open House Schedule
Come and visit us! July 14th The Walkthrough time is 3-5 pm. EST for PROPERTY INFO & WALKTHROUGH INFO call 510-305-9399
This is a great way to get an overview of the Property and it's features!
Our well-organized and efficient Open Houses are much more convenient and productive for buyers and investors. We have found that most buyers can determine within a very short time-frame whether or not they're interested in a home they've previewed.
Feel free to drive by the homes before their scheduled times, and then make sure to come in and see us us this weekend!
Above are Video & Picture walkthrough Links of the Property.
WE SOLVE PROBLEMS
Facing Foreclosure
Property in poor condition
Abandoned property
Need to downsize
Inheritance
Bad Tenants
Dispute or Divorce
Tired or long distance landlord
OUR COMMITMENT TO YOU
The fastest possible sale of your home or property!
To put fast cash in your hands
To buy your home or property in a respectful, ethical and efficient manner!
To relieve your stress, and find a selling solution best for you!
To buy your property “as is”, so you do not have to do any repairs!
We do not perform the services of a real estate agent. We do not charge you commissions. We do not charge you fees. We do not list properties. We just buy properties!
When facing foreclosure, time is of the essence!
Don't lose any more time looking around for solutions. We have helped other homeowners from across the country to stop foreclosure and we can help you too!
We are not real estate agents nor are we affiliated with any real estate agency. We will not insult you with unreasonable offers.
Do you want your mortgage paid off? Do you want cash in your hand at Closing? Then we can help. Don't lose any more time looking around for solutions. We have helped other homeowners from across the country to stop foreclosure and we can help you too!
email:ak2consulting@gmail.com to get your 48 Hour Offer
Buy A Home
Don't let poor credit rating or other problems stop you from buying your own home. Stop Renting!!!
If a buyer is currently paying X amount Rent and the new home payment is a higher
Y amount, then due to the home payment being tax deductable (due to interest) the
payment may seem a few hundred higher but actually starting the first day of closing
your home they will be bringing in more money from your job. This is because, the
IRS allows you to take additional deductions against the payment of your home. So
you may find that even though you payment rose, so did your income which offsets
the higher payment. The IRS even has a online calculator to help you figure out how
much this will be so you can instruct your employer to increase your deductions which
results in an instant raise (or increase in take home pay).
For your own thought process, here's a math formula to make it fast... Using a 28%
bracket and a year of payments of $2,000 as per their new loan.
(2000x90%x12mths=21,600 tax deduction x .28%bracket =6,048/12mths= 504.00
monthly Raise)
So which choice is going to get you what you want?
Continue renting now at $1600 a month and no appreciation/equity growth on the best investment anyone can make... a home. And be forced to live in a small home? And keep your income as is now.
Or Buy a home at $2,000 a month, but get an instant raise of $500 a month from the IRS, offset by the increased home payment, you still earn an extra $100.00 a month. And you move into a bigger and nicer place to live and one that will pay you all your money back that you pay each month when you decide to move. Usually that will provide your next downpayment for your next home in 5 -10 years and pay for your kid's college on top of it all.
When investing why not get the highest return on your investment of capital including Property, tax credits, appreciation, monthly revenue?
Our Partner http://eRealinvestor.com (Click this link to register & view a free test drive of sample properties) is providing a Web Dashboard so you can scenario plan and view the range of return possible on the properties we offer for realtime best bid sale.
You get piece of Mind using Erealinvestor's dashboard for gameplanning the type of returns you can need from our best bid investor properties.
IF YOUR BID IS THE BEST we will assist can assist you in finding prequalified Rent (to Own), Lease-Option, Lease-to-Purchase, Equity Share & Tenancy-In-Common candidates!!
We even offer Property Management support services!!! Contact us for a custom revenue solution design.
We have modeled our solution on the structure of Low Income Housing Tax Credits. Property, Revenue & Tax deductions are Pooled by the Investor, Seller and Buyer then are commoditized & transferred to the appropriate partner in the appropriate business entity.
The tax credits are more attractive than tax deductions as they provide a dollar-for-dollar reduction in a taxpayer's federal income tax, whereas a tax deduction only provides a reduction in taxable income. The "passive loss rules" and similar tax changes made by Tax Reform Act of 1986 greatly reduced the value of tax credits and deductions to individual taxpayers. As a result, almost all investors in LIHTC projects are corporations....As mentioned above, the credit is used to generate private equity, often prior to, or during, the construction of the project. Developers typically "sell" the credits by entering into limited partnerships (or limited liability companies) with an investor, with 99.99% of the profits, losses, depreciation, and tax credits being allocated to the investor as a partner in the partnership. The developer serves as the general/managing partner, and receives a majority of the cash flow (either through the payment of fees, or through distributions). The funds generated through the syndication vary from market to market, but 85-95¢ for each total dollar of tax credits is fairly common; e.g., $10,000 credits annually for the next 10 years would be $100,000 total, so developers could probably raise $85,000-$95,000 through syndication. Further, due to the fact that depreciation on the buildings owned by the partnership is also tax deductible, and that depreciation is allocated 99.99% to the investor, there are cases where investors actually pay slightly more than a dollar for a dollars worth of tax credits. An investor will typically stay in the partnership for at least the compliance period, because a reduction in its interest can also result in recapture of the credits.
