Owner purchased new construction on 9/29/06. Month to month tenant who has been in place over a year and paying $1300/month. Short-sale candidate, their mortgage is with Homecomings Financial, A GMAC Co., and the balance is $272,229 as of 10/1/07. It increases by $2269 a month--interest only. Watch the boats from the great room and 2nd bedroom!
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