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Beautiful Temple Property for Sale
Fully functioning & staffed Retreat Center
We bought this 1 acre property at the market peak & created a garden estate for workshops. We owe twice what it's worth, our loan is unsustainable and a 19- months effort to modify the principle has been futile.
Now I must seek a Short Sale , so I filed Chapter 13 bankruptcy to buy time for that. May an angel with stellar credit buy it to sustain this land for sacred work.
Current market value: $500,000 - $575,000
Full description of property and photos here .
The numbers ~~
A down payment - best if 20% ~ $100,000 - $115,000
If 3.5% down = $20,000, if 10% down = $55,000
Credit to be pre-approved for a loan of $550,000 minus down.
Monthly payment, with taxes and insurance, on $550,000.
Conventional loan 30 yr fixed, zero points
$3073 - if 20% down, payment less if pay points, at 5.25% interest.
$3636 with 10% down, $3882 if FHA with 3.5% down, at 4.875%.
Temple rentals and events could cover much of the mortgage.
Our hope ~~
New owners continue offering or hosting sacred work here, including some LoveJourney events. Our involvement must be invisible, so we pray someone in our sex-positive world buys it and holds it for all of us.
To sell this paradise as a working retreat center so our many resources and systems can continue to be in service. Current staff could run the place, with Katie as the world's best Admin. Assistant, great food service and logistics staff. Or a couple running it could make that income for yourselves.
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