In all my 20 plus years of selling real estate, here is something very UNUSUAL! All of us at Real Deal Realty, have a Broker’s License and with the combined experience of the 3 of us you have 60 years of real estate experience. NOTHING seems to top this one! Sadly, deceased parents did a reverse mortgage and here we are! Follow with me on the details below: 95 Cardinal Drive, Leitchfield, KY 42754 is up for sale. The home is large with 4 bedrooms, 2 baths. The asking price is $199k. The lien to the reverse mortgage company is on lot 197. There is NO SEPTIC ON LOT 197 and it appears no room to put septic. The home does have electric and city water but will have
NO SEPTIC at closing on lot 197.The pictures show the home has not been emptied out and the appliances will sell separately. The pictures will show a couple of bedrooms where the “kids rooms” need some TLC! This property is being sold AS IS WHERE IS! There MAY BE encroachments onto lot #198 but IT WILL BE THE BUYER’S RESPONSIBILITY to survey and remedy those encroachments. It is a sad thing when a reverse mortgage enters the picture with elderly families. At least with this mortgage company it has been sad for the surviving family. Now, WHO has ideas of how they can buy 95 Cardinal Lane with no septic? Anyone want to make an offer on paper? The Whispering Oaks Subdivision is unrestricted and you can do rentals here. The lay out
of Lot 197 is nice and conducive to full time living. We are open to your offer and if you have ideas of how to remedy with the Reverse Mortgage, we will be happy to hear your thoughts. Feel free to email or text them!