3831 Nautical Way UNIT 202, Kissimmee, FL 34741

**HIGHEST & BEST 5PM, 2/19/10** FANNIE MAE OWNED. Two bedroom condo close to many amenities in Kissimmee. Full appliance package, 2nd floor with screened patio. A great place to live and invest! 1. This is Fannie Mae owned. 2. Seller does not pay doc stamps on the deed or owners title insurance policy/title fees. Buyer will be responsible for these at closing. 3. On cash sales, seller will require 10% Earnest Money down at contract. This is nonrefundable after inspection period upon buyers default. 4. There is a 3 month deed restriction for investor buyers. This means that buyer cannot flip property for more than 120% of sale price within 3 months of sale date. Property must be rekeyed before closing at buyers expense ($120) and will reflect on the HUD! Property must be listed on the MLS for 3 days before submitting offers, and 15 days before investors can submit offers. BANK DOES NOT PROVIDE CONDO/HOA DOCS. THIS IS THE RESPONSIBILITY OF THE BUYER. PURCHASE THIS PROPERTY FOR AS LITTLE AS 3% DOWN! THIS PROPERTY IS APPROVED FOR HOMEPATH RENOVATION MORTGAGE FINANCING. ASK YOUR AGENT FOR MORE INFO. THE HOMEPATH INCENTIVE MUST BE PRESENTED AT TIME OF OFFER!