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Forced Sales With Cayman Bank Foreclosing In Process

Four beautiful island homes (all owned by one owner) now in a "forced sale" with the bank that holds the notes. Two homes on the beach and two across the street. Your chance at owning a home in paradise for way under market value. All offers will be directly given to the bank. I can answer any questions about this collection of seaside cottages. I am an owner of a home in this beautiful collection of island homes. Items to note: Cayman has no property tax, u.s. dollar accepted, part of the BWI with a stable government supported by England. Property can be used as a permanent residence, vacation rentals, or family vacation home. Very low maintenance. Beach houses have no maint. fee. The following were the last listed pricing with a local realtor before bank approval to sell. Bring all offers. More pictures available upon request. Contact me at 708-846-2818.
Teal House: sleeps 6, $599,900 (share a pool)
Pink House: sleeps 8, $585,000 (share a pool)
Lemon House: sleeps 8, $724,900 (on beach)
Lime House: sleeps 8, $679,000 (on beach)
(previous owner has removed all furniture and some appliances. Cabinets and fixtures are in place) Offer should reflect.


11/12/09- New update. Bank is asking for offers in writing with contingencies upon approval at physical viewing and passing of professional inspection of said properties. They need to go to court with these contingent offers to get the offers approved to sell at that price. No risk to buyer with contingencies. Bank does not set sale price in Cayman. The court sets the price based upon an offer. They need to sell these homes. Get in now before it gets really cold up north, these won't last!

About This Property

Category: Single Family Homes Address: Cayman Islands For Sale By: Owner Construction Year: n/a Area: n/a

Bedrooms: n/a Bathrooms: n/a Sleeps: n/a Stories: n/a Parking Spaces: n/a

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Jennie Stec   Your Name: Your Email: (will not be stored, we will never send you unwanted emails) Your Phone: Your Comments:

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