Spotlight Asset – Fast Foreclosure Timeframe in Humbolt, TN
Chaz Guinn with Revolve
We’ve been showcasing and spotlighting assets that we feel traditionally may be overlooked in your excel spreadsheets. The property that we are bringing to you in Tennessee, as we know with the non-judicial states, Tennessee is one of the fastest foreclosure time frames in the entire country. Start to finish you can get to the property usually within 90 days. With this 3 bedroom 1.5 bathroom, 1200 sq ft, this is your quintessential mid-stream America home. This allows you guys to be able to leave enough room to renovate, fix-and-flip, turn this into a rental and flip it for a profit and be able to revolve your dollars into new properties. As you can see here, this $75,000 property, we are looking to sell this to you about 30% discount from that $75,000 value.
These are different ways and nuance for you guys to look at properties that are in the 7th or 8th inning stretch of the ball game, and you can step into our shoes and ride the wave to a very high profit and return on your investment.
To learn more about this asset, please include the loan ID when you contact us. We look forward to hearing from you.