TO THE POTENTIAL PURCHASER OF THE PROPERTY
as of September 2023
PLEASE NOTE:
The following offers may be withdrawn or changed at any time. "click" on
the headings for more details
I am offering several options for the purchase of the house and seven lots.
All options will require a down payment plus 36 monthly payments, possibly followed by a balloon payment after 36 months.
FUNDING OPTIONS
Statement:
The budgetary requirements for the
completion of the CATAMARAN are: 50 K the first year, followed by regular
payments equaling $225 K over the next two years.
The income from the rent or sale of the house could contribute to this cash flow requirement.
Option 1 :
Provide a line of credit against the
equity of the property at a reasonable cost.
The project can afford ~~ 12% Per Annum on the outstanding balance. Re-payment of the outstanding balance will be upon the sale of the property and or my departure – for any reason.
A first option to purchase the property for a fixed cost of $300 K can be included at no additional cost.
Option 2 :
The sale of the property for 300 K with
a deposit of $50 K followed by payments totaling $250 K spread over three years.
The current owner; Fred Jiran, will
remain on the property until the completion of the boat or my departure for any
other reason. Fred Jiran will maintain the property and the house, continue
paying all insurances and taxes. In case of my demise; the purchaser can take
control of the property and pay the remainder of the contract to my estate.
Option 3
This offer can not be consumed until
Spring 2024. A negotiable deposit to secure this option will be required.
Sell the house on four lots, including
an option to buy the South 3 lots for a nominal fee, on my departure.
Purchase price $299 K for the house and
four lots AND a first option to buy the South three lots for a total of
$1,000.00 upon my departure. A payment plan can be included.
Option 4
Should the BUYER have other interests in
the property, than keeping the house, If the “price is right” I can move the
catamaran under construction to another location and vacate the property
completely. Time will be needed to move, the cost of moving will be included in
the purchase price.
>>> END of current offers <<<
To contact me for discussion and or an inspection:
Best way, e-mail to:
fredjiran@codevco.ws
Phone: 281 339 2537 unlikely to be answered, so please leave VOICE message. (land line can not accept text messages)
FAX: 832 327 7501
return to: PROPERTY FOR SALE
>>>END<<<
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