$225,000
Hi all, I am trying hard to avoid foreclosure so offering my house now at $225000. The house address is 822 Canal Street, Irving, Texas.
I bought the house at 242k on January 2017 and spent 35k on improving the house including replacing the plumbing, replacing the foundation, removing and constructing a brand new outdoor patio deck, getting new carpeting, adding brand new tiling, and getting new paint.
I owe 209k on my loan and am willing to go all the way down so that after closing costs and transaction fees, I have the 209k left to pay the loan.
In the neighborhood, the average income is $110k a year as per census data on the zipcode and the schools are rated 10,10,8. The "10" rated elementary school is a 3 minute walk from the house. The house is perfect for families with elementary and middle school kids. The "8" school is the high school and the "10"s are the elementary and middle school.
Let me know if you are looking for an investment property in Texas. I am selling because I have moved from US to Malaysia and want career flexibility which will stem from financial flexibility from not having US mortgage costs looking over my head which is really expensive when converted to cheaper foreign currencies. I also find the property difficult to manage from afar.
Property tax in Texas is 3% and I need to live in the US to easily fight the jacked up property tax appraisal rates in court (they were raised 70% during my ownership period of 2 years). If you live in the US, it would be easy to fight this in court though and have it reduced.
Please do not message this poster about other commercial services.
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