1718 ANNANDALE CIR
BUY
$470,000
Property Description
ROYAL PALM BEACH: Current Value $680,000!
Seize the opportunity to buy the note for much less than the property's current value! This premium lot in the Madison Green Community features a 4-bedroom, 3-bathroom home with 2,439 sq. ft. of living space, complete with a pool and in excellent condition.
What Does Buying the Note Mean?
Buying the note means purchasing the mortgage on the property, rather than the property itself. Here's how the process works:
Purchase the Note: You buy the mortgage note at a discount, paying less than the property's current market value.
Assume the Lender's Position: You step into the lender's shoes, collecting payments from the current homeowner. If the homeowner defaults, you have the right to foreclose and take ownership of the property.
Potential for High Returns: By buying the note at a discount, you can potentially realize a higher return on your investment, either through the homeowner's continued payments or through acquiring the property in a foreclosure.
This is a fantastic opportunity to acquire a high-value property at a reduced cost. Don't miss out on this premium lot with a pool in the desirable Madison Green Community!
Bedrooms
4
Levels
1
Bathrooms
3
Built Year
2000
Sqft
2367
Main Location
Royal Palm Beach, FL US
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