[WSBAPT] Need to Fix and Sell House With Problems

[Craig Gourley]

There are some contractors that will do this and get paid out of closing There are also some companies that make loans for rehab that are paid out of closing.  I suggest that you call Craig Walker at Keller Williams.  He handles a lot of our dilapidated probate and estate property.  Gets them fixed and sold.

 <https://www.google.com/>
+1 425-391-2000<https://www.google.com/><https://craigwalker.kw.com/>
craigwalker.kw.com<https://craigwalker.kw.com/>


GOURLEY LAW GROUP
THE EXCHANGE CONNECTION
SNOHOMISH ESCROW
P.O. Box 1091
Snohomish, WA 98291
PH:  (360) 568-5065 (800) 291-8401
Fax: (360) 568-8092

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From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of Dave Culbertson
Sent: Tuesday, November 5, 2024 11:01 AM
To: wsbapt at lists.wsbarppt.com; wsbarp at lists.wsbarppt.com
Subject: [WSBAPT] Need to Fix and Sell House With Problems

Hi Land Gurus.
An acquaintance has a house that has deteriorated in the Marysville area: divorce, job setbacks, the house has been sitting unoccupied and is in bad but not hopeless shape. Mortgage hasn't been paid for a few months, so foreclosure will eventually start to happen (hasn't so far). So now it's time to do something about it. The house is fairly large, as is the lot, and it's a decent neighborhood. Mortgage is about 200K, and estimates are it could sell for upwards of 450K. So, there is a prospect for fixing it up and selling. But not a lot of money in advance to pay for that.
Any suggestions for reputable contractors or flippers who might be interested in doing the rehab for share of the sales price?
(Don't know if that is realistic or how it is generally done, so any thoughts on how the contract for such a deal would be set up are welcome).
Thanks in advance.


Best Regards,

Dave Culbertson

The Law Office of Davisson Culbertson
PO 20403
Seattle, WA 98102

Phone: (206) 478-8134
FAX: (866) 867-7796
dculbertson at culbertsonlawoffice.com<mailto:dculbertson at culbertsonlawoffice.com>


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