โ 5401 Odom Ave Fort Worth, TX 76114 ยท Portfolio index
Purchase Contract - 5401 Odom Ave, Fort Worth, TX 76114.docx
| Property | 5401 Odom Ave Fort Worth, TX 76114 |
|---|---|
| Section | 10 - Deed & Title |
| Category | office |
| Relative path | 10 - Deed & Title/Purchase Contract - 5401 Odom Ave, Fort Worth, TX 76114.docx |
| Modified UTC | 2025-06-28T19:42:54+00:00 |
| Size bytes | 21379 |
| Extraction method | docx-xml-incremental |
Description
๐ณ๏ธ Governance Proposal Evaluation of Purchase Offer โ 5401 Odom Avenue ๐ก Property Overview Address: 5401 Odom Ave, Fort Worth, TX 76114 Description: Spacious, fully furnished property with 5 bedrooms, 2 flex rooms, and an attached in-law suite. Newly renovated with updated plumbing, fresh interior and exterior paint, two new AC units, and a privacy fence. ๐ Summary of the Offer Buyer: MA Real Estate Holdings Purchase Price: $550,500 (Full Asking Price) Down Payment: $38,500 Financing Terms: - 0%
Extracted Content
๐ณ๏ธ Governance Proposal Evaluation of Purchase Offer โ 5401 Odom Avenue ๐ก Property Overview Address: 5401 Odom Ave, Fort Worth, TX 76114 Description: Spacious, fully furnished property with 5 bedrooms, 2 flex rooms, and an attached in-law suite. Newly renovated with updated plumbing, fresh interior and exterior paint, two new AC units, and a privacy fence. ๐ Summary of the Offer Buyer: MA Real Estate Holdings Purchase Price: $550,500 (Full Asking Price) Down Payment: $38,500 Financing Terms: - 0% interest - 360-month amortization (30 years) - Buyer pays all closing costs - Seller responsible for 3% commission (lower than the 4.5% previously proposed) ๐ Comparison to Original Proposal Aspect Original Proposal New Offer Down Payment $100,000 $38,500 Interest Rate 8.99% interest-only, 5-year balloon 0% amortized over 30 years Commission 4.5% 3% Liquidity Significant cash flow and early payoff Minimal payments and long repayment period Risk Moderate (larger down payment) Higher (low down payment) โ Key Pros Full Price Sale ($550,500) Buyer pays closing costs Higher commission ( Seller pays 2+3 %) Predictable 30-year amortization No interest accrual (buyer benefits) โ ๏ธ Key Cons Very low