7 Terrace Rd, Essex, MD 21221
INVESTOR ALERT: High-ROI Flip in Essex
This is the kind of deal that doesnât sit long. A prime fix & flip opportunity with strong resale demand, minimal headaches, and serious profit potential. Essex is a hot market, and updated homes are selling fast. Investors who move quickly are making money here.
WHY THIS DEAL MAKES SENSE
- Cosmetic Reno, Maximum Return â No full gut needed. Update, list, and cash out.
- Proven Comps â Homes in the area are hitting $275Kâ$300K+.
- Strong Buyer Demand â Renovated homes in Essex donât sit.
- Fast Closing, No Delays â We donât play games. Close fast, start making money.
YOU SHOULD KNOW:
- Delivered occupied â Great paying tenant, $700 bi-weekly, month to month lease
- No Basement- walk in crawl space only
THE NUMBERS THAT MATTER
-
â ARV: $300,000
â Price: $152,500
âBUY IT NOW: $159,500
Buy It Now period open until 5 pm, March 6 2025 only.
If 2+ offers come in, we go straight to best & final with those two only.
Submit Offer HereÂ
đ Comps & Market Data: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=DE-88964359276
Buy It Now Guidelines
Our âBuy It Nowâ program is only accessible for VIP buyers.
Please review the following guidelines to understand how the program works:
1. Exclusive Access
- The âBuy It Nowâ program is available for a short window exclusively to VIP buyers. This is a unique opportunity to purchase properties at a discounted price before they are opened to the broader market.
2. Property Access
- During the âBuy It Nowâ window, there will be no access to the property. However, we provide full pictures and walkthrough videos to assist you in assessing the property.
- Any specific notes on the condition will be shared, and if there are known latent defects, we will highlight those for transparency.
- We encourage you to reach out with any questions regarding the propertyâs condition.
3. Limited Time Opportunity
- This is a brief and exclusive window for purchasing. Once the program opens, interested buyers must act quickly, as the buying process will close at the advised time.
4. Offer Process
- The âBuy It Nowâ price will secure the deal unless we receive two or more offers. In the event that we receive multiple Buy It Now offers, we will kindly request the buyers to submit their best and final offers.
5. Post-Window Access
- After the âBuy It Nowâ window closes, the property will be made available to our entire buyers list via email.
- A one-time showing will be organized for all buyers interested in the property.
6. Final Selection
- After the showing, we will select the best and highest offer for the property.
7. Offer Acceptance
- Buy It Now offers will be accepted for 3 hours following the VIP text notification.
- If 2 or more offers are received, we will request best and final offers only from those buyers.
8. Closing Details
- The closing date will be set for on or before 3/28/2025 at RESE Title.
- The preferred payment method is cash or hard money. Cash offers are always preferred for a smoother transaction.
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