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Presented by
Eva Preuss and Team |
279 Bedford Avenue, Mount Vernon, NY, 10553 | $325,000
"SHORT SALE!! SHORT SALE!! Seller accepting CASH ONLY!! NEEDS TLC AND EXTENSIVE RENOVATIONS. PROFESSIONAL INVESTORS/BUILDERS ONLY. Bankruptcy short sale will take about 120 days to get response on offer from lien holder. Property requires extensive renovations and full rehab. Ideal for experienced investors or developers who understand the legal and financial complexities of bankruptcy sales. Buyer is required to pay a surcharge at closing in the amount of 5% of the final sales price or $7, 500 — whichever is greater — payable directly to the bankruptcy estate. Offers will only be considered if submitted with all required documentation: Letter of Intent Proof of Funds No financing of any kind will be accepted – CASH OFFERS ONLY. Property is sold strictly AS-IS with no representations or warranties. No exceptions to any terms. Estimated timeline for offer review and response from lienholders and trustee is approximately 120 days from submission.
Features
- Style: Triplex
- Year Built: 1904
- Garage: 2-car
- Heating: Natural Gas
- Cooling: None
- Basement: Full, Walk-Out Access
- Acreage: 0.11
- Est. Taxes: $15,865
- Elem. School: Graham
- Middle School: Benjamin Turner Middle School
- High School: Mt Vernon High School
- School District: Mount Vernon
- MLS#: 885805
- Days on Market: 52 days
- Website: https://www.raveis.com
/prop/885805/279bedfordavenue_mountvernon_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Eva Preuss and TeamSales Associates
203.517.5262
EvaPreussandTeam@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Jorge L RiveraVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 12303
203.913.1633
Jorge.Rivera@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeInsurance Sales Director, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
279 Bedford Avenue, Mount Vernon, NY, 10553
$325,000
Eva Preuss and Team
Sales Associates
William Raveis Real Estate
Phone: 203.517.5262
EvaPreussandTeam@raveis.com
Jorge L Rivera
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $260,000 | $260,000 | $260,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $1,322 | $1,322 | $1,322 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,497 | $1,665 | $2,159 |
| Total Monthly Payment | $2,894 | $3,062 | $3,556 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535