cybermortgage
4 Posts |
 Posted - 06/28/2008 : 7:13:46 PM
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AE help: hotel conversion to condo....1/1 units are 757 SF, full kitchen, bath, bedroom. NOT CONDOTEL. Each unit has own AC and hot water tank. 2 story, not high rise. Short term approved, but no check in desk. Have pool of second home buyers, looking for 80% LTV, on $219,900 PP. On site comparables in past 90 days. Rumored that Countrywide has approved project. Pics available. Vacation resort area near Orlando FL.
Buyers are 2nd home. Screening at 720+ scores. Self-employed business owners. |
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