HUGE $70,000.00 PRICE REDUCTION !! Huge Upside Potential to the buyer that wants to take on a major remodel. This home is located in the coveted Park Hill neighborhood, in an excellent location. Charming Cottage built in 1895 loaded with period details...High Ceilings, huge rooms...this is definitely a "diamond in the rough"... The buyer will need to do EXTENSIVE FOUNDATION REPAIR along with a whole house remodel...This home is perfect for the Conventional Homestyle Renovation Loan, or the FHA 203K Loan. These loans will allow your buyer to purchase and renovate the home all with one loan and one close. We can refer your buyer to a renovation loan expert that has been doing these type of loans since 2003. RE: EARNEST MONEY: Earnest Money due within 24 hours of contract acceptance. Contract MUST reflect that $ 3000.00 of earnest money is NOT REFUNDABLE...contracts without this in the "additional provisions" section WILL NOT be considered.
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