Believe – My Top 5 Picks

Melanie is a 17 year old high school student living a very long way from Sandpoint foreclosures.  Trenton is a 47 year old that works more than one job and is one of the many faces of Sandpoint foreclosures.   What do they have in common?

They believe.

Rod Stewart had a hit song with “Reason to Believe”.   It was playing on the radio when Trenton was at his work bench in the garage.   Trenton says, “…it made me smile”. He has been on the Sandpoint foreclosures list for 85 days.

Trenton worked 2 jobs and saved nearly 6 years for a down payment.  Now he works a job and half and is about to complete a loan modification that will remove him from Sandpoint foreclosures.

He says the song made him smile because he is an avid tennis fan and has watched the magical story of  17 year old Melanie Oudin.   The 5 foot 6 inch teen made it to the US Tennis Open quarter-finals.

She did it wearing pink and yellow sneakers with the word “BELIEVE” stamped on her heels.  Stewart likes that.   So do I.  It’s a tremendous ability to believe in yourself?   To believe that you can overcome long odds.

Out of chaos – opportunity.   Sandpoint foreclosures and a buyers market create myriad moves for the informed Investor.   It’s a short week for Sandpoint foreclosures but here are

My Top 5 Picks for this Wednesday

1.  Nearly 50 Acres with portion of small lake and small pond, a creek, wooded, lots of level and a few elevated view sites with convenient access to U.S. Hwy 95N.   Seller was asking over half a million dollars – TODAY it is $350,000 He will take $50K down. He will finance the $300K balance at 10%.   Annual payments.  First payment is One year after you close you will owe $30K interest only.   5 Years all due and payable – NO Prepayment Penalty.

2.  Cruise the Big Lake while you spread out on 12 Acres off Dufort Road with protected inlet to park your boat when you are not exploring the Pend Oreille River and Lake Pend Oreille.   Shop, RV Site, Power, Water, and Septic.   $250,000 Price Reduction and Terms for 2 Years.

3.  80 Acres borders USFS and Year Round Rushing Creek. $450,000 with $150,000 down and annual payments of 10% interest only at $30K per year.

4.   640 Acres with trees with valley, mountain, and lake views.   Creative terms available.

5.   Tied at for still Alive at # Five: 40 Acres with a home and guest home, small lake, power, water and septic in 2 RP numbers.  OWC or $195,000 Cash. OR get serious with co-workers or family members and join together to purchase this outstanding Lake Pend Oreille WATERFRONT home and guest home (furnished).   Reduced a million dollars to 1.1M

I have a complete list of Sandpoint foreclosures. Literally dozens of homes could be cured for under ten thousand dollars.   Do you have questions about how quickly you should act to find your best opportunity?   I believe it!  Don’t hesitate.

Ask Ray.

Tags: annual payments, Oudin, owner will carry