"OWN YOUR OWN" What the heck????
IT'S REAL ESTATE THAT IS LIKE A CONDO....WELL, AN AMAZING PRICE AND NOT SURE WHAT THIS IS, BUT LEARNED THE FOLLOWING:
- 2 to 3 story building
- fee simple ownership
- indiv. tax bill
- indiv. deed
- like a condo ownership
- older building
NOW, FOR FINANCING YOU SHOULD KNOW THIS:
- PRIMARY RESIDENCE OF BUYER
- 20% DOWN
- NO STATED INCOME
- OCCUP RATE SHOULD BE 55%, IF NOT WILL NEED MORE DOWN DEPENDING ON SITUATION
WAITING A FEW WEEKS NOW, BUT BUYER WANTS TO WAIT ON THIS ONE!!! I WILL LET YOU KNOW HOW IT IS GOING AND IF YOU CAN ADD TO THIS, PLEASE DO. PERHAPS, IF YOU HAVE CLOSED ON ONE AND TOTALLY MISSING SOMETHING, PLEASE LET ME KNOW THAT TOO............