Foreclosure Opportunity
Investors and wholesaler take a look: We are about to have thousands of lots in Cherokee Village, Arkansas that are in the process of being foreclosed on. C.V. is a 15,000+/- acre resort community in the Ozarks with about 25,000 developed lots in it about 115 miles NW of Memphis and about 120 miles NE of Little Rock. It has 2 championship golf courses, 7 lakes (for fishing, boating, water skiing, etc.), tennis, swimming pools, etc. These amenities are available to property owners only (and their guests). Almost 12,000 of these lots are in some stage of delinquency (from a few months to over 10 years). Up until recently, anyone could buy a delinquent lot from the state and sell it--but they couldn't transfer clean title AND the previous owner had 2 years to redeem these lots. Now, we will be the exclusive sellers of ALL delinquent properties in Cherokee Village (now and in the future) AND we will transfer title with a general warranty deed and be able to provide a commitment for title insurance--to my knowledge this has never been done in Arkansas before! Our main goal is to set up a network of wholesalers who will in turn sell these lots (with clean title and title insurance) to individuals who WILL PAY the taxes and assessments on these lots (about $150 total annually)--this is EXTREMELY IMPORTANT to us. Although we have it set up so that we will have any and all delinquent properties foreclosed on in the future, we don't want to just flip these lots to people who won't pay the taxes and assessments. Of course we want to make a profit and we want our wholesaler's to profit too--but it's VERY important to us that Cherokee Village doesn't get into this kind delinquency again. Everyone's next question to me...What are they priced at? We don't have them priced yet, but for wholesalers they will be somewhere between $750-$4500. This is truly an incredible opportunity! Please don't reply to this email because I'm writing this from a co-workers computer. You can reach me at the address below.
Thank you,
Chandler Daggett
cdaggett@charter.net">cdaggett@charter.net
573.216.8841-mobile
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